Water Cooler Market

Water Cooler Market Analysis by Bottled and Bottleless for Residential and Commercial Use 2023 to 2033

Analysis of Water Cooler Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Water Cooler Market Outlook (2023 to 2033)

The global water cooler market has reached a valuation of US$ 1.8 billion in 2023 and is projected to touch US$ 3.1 billion by 2033-end, expanding at a CAGR of 5.5%.

The primary advantages of a water cooler are its extraordinary dependability and durability for water storage throughout the hot summer months. Additionally, growing consumer awareness of the need of drinking clean water for a healthy lifestyle and the many advantages of using a water cooler is driving the demand for them and is anticipated to accelerate the growth of the market.

  • China is projected to be a highly lucrative market for water cooler manufacturers, with the market predicted to expand rapidly at 7.5% CAGR through 2033.

Increasing levels of groundwater contamination and rising usage of evaporative air coolers in commercial institutions including workplaces, colleges, and the hospitality industry are driving up sales of water coolers. Additionally, the depleting natural water supplies and rising demand for cool, clean drinking water are the main drivers anticipated to fuel market expansion.

Report Attributes Details

Water Cooler Market Size (2022)

US$ 1.7 Billion

Estimated Market Value (2023)

US$ 1.8 Billion

Forecasted Market Value (2033)

US$ 3.1 Billion

Global Market Growth Rate (2023 to 2033)

5.5% CAGR

China Market Growth Rate (2023 to 2033)

7.5% CAGR

Bottled Water Coolers Growth Rate (2023 to 2033)

5.1% CAGR

Germany Market Growth Rate (2023 to 2033)


Key Companies Profiled

  • Voltas Ltd.
  • Kenmore
  • Blue Star Limited
  • Avalon Water Coolers
  • Clover Co., Ltd.
  • Farberware Cookware
  • Oasis International
  • Avalon Water Coolers
  • AB Electrolux

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Why are Water Cooler Sales Rising Steadily Worldwide?

“Manufacturers’ Increasing Focus on Producing Water Coolers with Multistage Filtration Techniques”

Growing preference for economical water coolers is evident in the recent market trends. e-Commerce platform vendors are actively devising new strategies to bolster their sales of drinking water dispensers in the global market. With increased consumer awareness of water-borne diseases, industry players are focusing on multi-stage filtration techniques, with RO and UV emerging as major contenders due to their superior efficiency compared to other filtration methods.

Market growth is further stimulated by promotional campaigns conducted by leading manufacturers. The market benefits from low maintenance requirements for water coolers and manufacturers' after-sales services, which contribute significantly to the increased product demand. Moreover, availability of a diverse range of products, including top load and wall-mounted options, featuring direct plumbing capabilities and user-friendly cleaning processes, is projected to drive this demand for drinking water dispensers even higher.

Although the need for frequent product or component replacements and additional expenses during peak summertime may pose challenges to market growth, increasing water pollution levels and the growing purchasing power of consumers are expected to fuel sales of water coolers.

“Increasing Production of Multifunctional Water Coolers”

The global market for water coolers is expanding quickly, which has given providers the chance to innovate their product lines. Vendors have been able to boost their brand recognition and loyalty due to a rise in the availability of upgraded products on the market. To meet the diverse needs of customers, keep up with increased competition, and maintain their market share, vendors are producing cutting-edge items like multifunctional water coolers that come with additional facilities like coffee makers.

These multifunctional items help consumers conserve space and money on operating expenses. Commercial end consumers prioritize finding efficient appliances and solutions that conserve space and energy. Vendors are also selling water coolers that include a mini-fridge. This eliminates the need for a separate refrigeration system and helps to cool frozen snacks and tiny cans and bottles of liquids.

  • Honeywell has come up with a countertop water cooler with a water purifying system.

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What Can Dent the Sales Growth of Water Coolers?

“Rising Preference for Refrigerators with Water Coolers over Standalone Water-Cooling Appliances”

The primary alternative to water coolers is refrigerators. The popularity of refrigerators is rising as a result of their widespread use and convenient accessibility. Some of the well-known international manufacturers that offer refrigerators in various sizes for both commercial and domestic uses include Whirlpool and Haier. Some refrigerators allow customers to store a variety of goods and have water coolers.

  • For instance, a water/ice dispenser is included with the Whirlpool Side by Side 568 L Refrigerator. Such characteristics are making refrigerators more popular than water coolers, particularly in domestic settings, which will hurt water cooler sales.

A sizable customer base is attracted by brand value and consumer confidence in a brand, which are sparked by marketing campaigns and other promotional activities promoting the uses and advantages of refrigerators. Additionally, customers, particularly home users, see freezers as a good replacement for water coolers. This is anticipated to somewhat limit the growth of the global market for water cooler dispensing systems over the forecast period.

“Environmental Concerns and Sustainability Issues Associated with Water Coolers”

One of the notable challenges faced by the market is related to its environmental impact. Many water coolers, especially bottled water coolers, contribute to plastic waste through the use of single-use plastic bottles. This can lead to environmental pollution and contribute to the global plastic waste problem. As environmental awareness increases, consumers and regulatory bodies prioritize eco-friendly alternatives, which limits the demand for traditional water coolers.

Production, transportation, and disposal of water cooler components and materials leave an ecological footprint. The energy consumption of some water coolers, especially those that provide hot water, can also raise sustainability concerns. As sustainability becomes a more significant factor in consumer purchasing decisions, manufacturers need to adapt to incorporate more energy-efficient and environment-friendly designs in their hot and cold water coolers.

Water Cooler Market Size, Share, Trends, Growth, Demand and Sales Forecast Report by Fact.MR

Country-wise Insights

Why is Demand for Water Coolers Surging in China?

“Increasing Number of Commercial Establishments with Modern Office Infrastructure Boosting Production of Water Coolers”

The market in China has exhibited significant growth in recent years and is forecasted to expand at a CAGR of 7.5% between 2023 and 2033.

With a large population and a booming urban landscape, demand for convenient and reliable sources of clean drinking water has risen. The growth trajectory of the market is expected to continue, supported by factors such as the increasing number of commercial establishments, a rise in health-conscious consumers, and the adoption of modern office infrastructure.

China's regulatory framework around water quality and safety is expected to continue to impact the water cooler market. Stricter regulations can lead to increased demand for point-of-use water coolers that offer robust purification capabilities. As China's population becomes more health-conscious and environmentally aware, the market for filtered water coolers is expected to witness sustained growth and innovation, making it an exciting space to watch in the coming years.

What Opportunities Await Water Cooler Manufacturers in the United States?

“Rising Need for Clean Hydration Solutions in Commercial and Residential Settings and Technological Advancements in Water Filtration”

Demand for easily accessible and safe drinking water, coupled with a rising emphasis on sustainability, has contributed to market expansion in the United States. The market's trajectory is projected to continue upward, fueled by the need for clean hydration solutions in both commercial and residential settings.

The United States water cooler market offers a wide array of products, ranging from traditional bottled water coolers to high-tech models with advanced features. Technological advancements have led to innovations such as touchless sensor activation, smart connectivity, and multistage water filtration. These innovations align with consumers’ preferences for modern, user-friendly, and health-conscious options. This is driving up the sales of office water coolers as well as home water coolers in the country.

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Category-wise Insights

Which Factors are Contributing to the Extensive Adoption of Bottled Water Coolers?

“Integration of Touchless Sensor Activation and Adjustable Temperature Settings”

Sales of bottled water coolers are predicted to rise at 5.1% CAGR from 2023 to 2033.

Bottled water coolers are designed to deliver clean and purified water, often sourced from reputable bottled water companies. They come equipped with a water bottle, typically placed upside down, which feeds water into the cooler's reservoir. These coolers offer the convenience of instant access to chilled water for quenching thirst or hot water for beverages, making them a versatile choice.

Consumers can choose from different designs, sizes, and functionalities, including models that offer both hot and cold water dispensing. Some advanced models feature touchless sensor activation, adjustable temperature settings, and even filtration systems for enhanced water quality.

While bottled water coolers offer convenience, they also raise sustainability concerns due to the use of single-use plastic bottles. As environmental awareness grows, consumers and businesses are increasingly seeking eco-friendly alternatives to mitigate plastic waste. Some manufacturers are addressing this by promoting reusable bottles and focusing on sustainable packaging.

Will the Residential Sector Be the Goldmine for Water Cooler Manufacturers?

“Growing Emphasis on Health & Wellness and Demand for Convenient Hydration Solutions”

The residential water cooler market addresses the growing demand for convenient and clean hydration solutions within households. As consumers prioritize health and wellness, the market has witnessed an increase in the adoption of water coolers for home use, offering a reliable source of chilled, hot, or room-temperature water.

Residential water coolers cater to the unique needs of homeowners by providing instant access to safe and purified drinking water. These coolers are available in various configurations, including top-load and bottom-load models. They offer a range of temperature options, user-friendly controls, and in some cases, advanced filtration systems to ensure high-quality water.

The residential market is driven by factors such as the increasing focus on health and wellness, the desire for convenient hydration options, and concerns about tap water quality. As more individuals seek to maintain an active and healthy lifestyle, the demand for water coolers equipped with advanced filtration systems and smart features is on the rise.

Competitive Landscape

The water cooler systems market is expected to continue evolving with a high focus on convenience, innovation, and sustainability. Manufacturers are likely to invest in developing more energy-efficient models, enhancing water purification technologies, and offering eco-friendly packaging options. As consumers’ preferences shift towards healthier and more sustainable choices, the bottled water cooler market is poised to adapt and thrive.

For instance :

  • Aquaverve, the leading water cooler producer in North America, announced the introduction of its touchless water cooler line in September 2020. These water coolers were created to foster better working and living environments for consumers and businesses. The Pacifik Touchless Bottleless Cooler and the Oceanik Touchless Bottleless Cooler are two models of touchless water coolers the company created. There are bottle and bottleless versions of the Pacifik model.

Key Segments of Water Cooler Industry Research

  • By Product Type :

    • Bottled
    • Bottleless
  • By Application :

    • Residential
    • Commercial
  • By Distribution Channel :

    • Online
    • Offline
  • By Region :

    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa

- FAQs -

What is the value of the water cooler market in 2023?

The global water cooler market is valued at US$ 1.8 billion in 2023.

What is the forecasted growth rate for the demand for water coolers?

Worldwide demand for water coolers is set to increase at a CAGR of 5.5% from 2023 to 2033.

What is the sales outlook for water coolers for 2033?

Global sales of water coolers are set to reach US$ 3.1 billion by 2033.

At what rate is the demand for water coolers predicted to increase in China?

Demand for water coolers is forecasted to increase at a CAGR of 7.5% in China.

Who are the leading manufacturers of water coolers?

Avalon Water Coolers, Voltas Ltd., and Blue Star Limited are key manufacturers of water coolers.

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