Global water dispenser market expected to grow at CAGR of 7.35% from 2020–2026

A new Reportlinker.com report: ‘Water Dispenser Market – Global Outlook & Forecast 2021-2026’ shows that the global water dispenser market by revenue is expected to grow at a CAGR of 7.35% during the period 2020–2026.

The reports says that the environmental impact of bottled water is expected to propel the market for automatic water dispensers during the next five years.

According to the report, the global countertop water dispenser market was valued at $182.61 million in 2020 and is expected to reach $294.19 million by 2026. With high preferences for countertops in Europe, the free-standing segment is expected to generate incremental revenue of $51.09 million during the forecast period.