Water dispenser market to grow by 8.5% from 2022 to 2028

Water Dispenser Market

According to Arizton‘s latest research report, the water dispenser market will grow at a CAGR of 8.5% from 2022 to 2028. The boom in the construction of shopping malls across the US, China, and the GCC nations is expected to fuel the adoption of water dispensers in the upcoming years. According to the report, North America dominates the market share, with a revenue of 30.50% in 2022.

The demand for the online distribution and countertop dispensers is expected to be high. Europe, home to numerous countries with high-quality tap water, is expected to grow at a CAGR of 7.31%, with considerable competition from the bottled water segment in Germany, the UK, and Italy, where the tourist population is high. The underpenetrated markets in Latin America and, the Middle East & Africa have enormous opportunities for market vendors.