Water Dispenser Market to Grow at a CAGR of 6.76% During the Forecast Period
Demand for clean/filtered water and high adoption in commercial establishments are driving the growth of the global water dispenser market. According to TechSci Research report, “ Water Dispenser Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027” The global water dispenser market is expected to reach USD 1,189.12 million by 2027F, registering a CAGR of 6.76% during the forecast period. Water dispenser sales are increasing during the forecast period due to increasing consumer preference, rising health awareness, easy operation and installation techniques, and rising infrastructure development worldwide. Several water dispenser start-ups and small-scale businesses have started to rely on the point of use (POU) systems, i.e., bottle-less and direct connection to water supply over bottled types, to support the environment by reducing the carbon footprint. Businesses have also started installing POU water dispensers to provide a green and modern image f