Global Water Dispenser Market

Water Dispenser Market Size, Share, Growth Analysis, By Type(Bottled water dispensers, plumbed-in water dispensers, and countertop water dispensers), By Application(Residential, commercial, and industrial), By Region - Industry Forecast 2024-2031


Report ID: SQMIG25H2024 | Region: Global | Published Date: February, 2024
Pages: 157 |Tables: 63 |Figures: 75

Water Dispenser Market Insights

Water Dispenser Market size was valued at USD 2.48 billion in 2021 and is poised to grow from USD 2.70 billion in 2022 to USD 5.34 billion by 2030, at a CAGR of 8.9% during the forecast period (2023-2030).

The global water dispenser market has witnessed significant growth and transformation due to changing consumer preferences, technological advancements, and increasing awareness about health and hydration.

A key driving factor behind this growth is the rising emphasis on healthy living and access to clean drinking water. As consumers become more health-conscious, the demand for convenient and reliable hydration solutions has surged, propelling the adoption of water dispensers in various settings.

The market analysis reveals a substantial shift towards sustainable and eco-friendly options. Plumbed-in water dispensers and models equipped with advanced filtration systems are gaining popularity, driven by concerns over plastic waste and environmental sustainability.

This trend aligns with global efforts to reduce single-use plastic and promotes responsible consumption. Technological innovation is another pivotal aspect of the market's evolution. Smart water dispensers with IoT capabilities are gaining traction, allowing users to monitor water quality, track consumption, and receive filter replacement notifications through connected devices.

This integration of technology enhances user experience, convenience, and overall efficiency. The commercial sector, including offices, schools, and hospitality establishments, has emerged as a robust growth driver. As businesses prioritize employee well-being and cater to health-conscious customers, the demand for water dispensers in commercial spaces has surged significantly.

However, challenges persist. High initial costs, particularly for advanced models with filtration systems, can pose a barrier to adoption, particularly in price-sensitive markets. Additionally, the dominance of established players might limit opportunities for newer entrants, although innovation and specialization can help mitigate this challenge.

US Water Dispenser Market is poised to grow at a sustainable CAGR for the next forecast year.

Market Snapshot - 2023-2030

Global Market Size

USD 2.48 billion

Largest Segment

bottled water dispensers

Fastest Growth

bottled water dispensers

Growth Rate

8.9% CAGR

Global Water Dispenser Market By Type ($ Bn)
Country Share for Asia Pacific Region (%)

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Water Dispenser Market Segmental Analysis

The market is segmented by product type, application, end-user, and region. By product type, the market is segmented into bottled water dispensers, plumbed-in water dispensers, and countertop water dispensers. By application, the market is segmented into residential, commercial, and industrial. By end-user, the market is segmented into individual consumers, businesses, and institutions. By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Water Dispenser Market Analysis By Type

In the thriving water dispenser market , the largest segment is the bottled water dispensers, reigning as the undisputed leader in both residential and commercial spaces. The widespread availability of bottled water and the ease of changing bottles contribute to their popularity. Moreover, the increasing health consciousness and the preference for safe and purified drinking water further boost the demand for bottled water dispensers in homes, offices, and public spaces.

Meanwhile, the fastest-growing segment in the market is the countertop water dispensers, experiencing an impressive surge with a substantial CAGR of over 10% in recent years. Additionally, countertop dispensers often incorporate advanced filtration systems that ensure water quality, making them a preferred choice for health-conscious consumers. As the trend towards minimalistic and ergonomic home appliances gains momentum, countertop water dispensers are catching the eye of consumers, driving their rapid growth in the market.

Water Dispenser Market Analysis By Application

In the thriving water dispenser market , the largest segment is the residential application, reigning as the undisputed leader in terms of adoption and consumer preference. As more households prioritize health and hydration, the need for readily available and purified water becomes paramount. Residential water dispensers, whether bottled or plumbed-in, offer an elegant and efficient solution to meet this demand. The increasing awareness of waterborne diseases and the desire for safer drinking water further bolster the popularity of residential water dispensers, making them a ubiquitous appliance in modern homes.

Meanwhile, the fastest-growing segment in the market is the commercial application, witnessing an impressive surge with a substantial CAGR of over 12% in recent years. The proliferation of health and wellness trends in workplaces and public spaces has amplified the need for accessible and refreshing drinking water. Additionally, many companies are opting for environmentally friendly options, such as plumbed-in dispensers, to reduce plastic waste and improve sustainability. The rising focus on employee well-being and the provision of clean drinking water to customers contribute to the remarkable growth of commercial water dispensers.

Global Water Dispenser Market By Type, 2021 (%)

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Water Dispenser Market Regional Insights

In the dynamic global water dispenser market, Asia-Pacific stands as the dominating region, quenching the thirst for water dispensers with remarkable prowess. With its vast population and rapid urbanization, the region witnesses a surging demand for clean drinking water solutions, driving the adoption of water dispensers in both residential and commercial sectors. The increasing awareness of waterborne diseases and the need for convenient and safe hydration options fuel the popularity of water dispensers across countries like China, India, and Japan. Moreover, the rising disposable income and lifestyle changes in the region further amplify the demand for water dispensers, making Asia-Pacific a force to be reckoned with in the global market.

Simultaneously, the fastest-growing region in the water dispenser market is the Middle East and Africa (MEA), experiencing a refreshing surge with a substantial CAGR of over 14% in recent years. The region's arid climate and scarcity of clean drinking water create a compelling need for efficient hydration solutions. Water dispensers, especially those with advanced filtration capabilities, provide a lifeline to the residents in the MEA region, offering safe and purified drinking water. Additionally, the rapid urbanization, increasing infrastructure development, and tourism industry growth contribute to the soaring demand for water dispensers in commercial establishments like hotels, restaurants, and offices. As the MEA region quenches its thirst for water dispensers, it emerges as a beacon of growth and opportunity, shaping the future of the global water dispenser market .

Global Water Dispenser Market Geography, 2023-2030
  • Largest
  • Fastest

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Water Dispenser Market Dynamics

Water Dispenser Market Drivers

Growing Awareness of Health and Hydration

  • One significant driver for the water dispenser market is the increasing awareness of the importance of health and hydration. Consumers are becoming more health-conscious, recognizing the benefits of staying hydrated and consuming clean drinking water. Water dispensers offer a convenient and accessible solution to meet this demand, providing purified and refreshing water for homes, offices, and public spaces. The promotion of healthy lifestyles, coupled with the rising concerns about waterborne diseases and the need for safe drinking water, contributes to the growing adoption of water dispensers worldwide.

Water Dispenser Market Restraints

High Initial Cost and Maintenance

  • One of the primary restraints for the water dispenser market is the relatively high initial cost of purchasing and installing water dispensers, especially for advanced models with filtration systems. Additionally, ongoing maintenance and periodic filter replacements can add to the operating expenses. The cost factor may deter some budget-conscious consumers and businesses from investing in water dispensers, especially in regions with economic constraints.

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Water Dispenser Market Competitive Landscape

The competitive landscape of the global water dispenser market is characterized by intense competition among established players and a growing number of new entrants. Key manufacturers in the market are continuously striving to differentiate their products by offering innovative features, advanced filtration systems, and enhanced user experiences. Established companies maintain a strong global presence with well-established distribution networks, brand recognition, and a diverse product portfolio. They leverage their experience and reputation to cater to a wide range of industries, including residential, commercial, and industrial sectors. In contrast, emerging players and niche manufacturers focus on specific market segments and regions, offering specialized water dispensers with unique features and design elements. These companies often emphasize sustainability, energy efficiency, and user-friendliness to gain a competitive edge. With the market's increasing focus on eco-friendly solutions and sustainable practices, new entrants are capitalizing on this trend to appeal to environmentally conscious consumers. Strategic collaborations, mergers, and acquisitions are common in the competitive landscape, as companies seek to expand their market presence, strengthen their product offerings, and access new markets.

Water Dispenser Market Top Player’s Company Profiles

  • Primo Water Corporation - United States
  • Culligan International Company - United States
  • Blue Star Limited - India
  • Clover Co., Ltd. - South Korea
  • Honeywell International Inc. - United States
  • Aqua Clara - New Zealand
  • Midea Group - China
  • Voltas Limited - India
  • Oasis International - United States
  • Waterlogic Holdings Ltd. - United Kingdom
  • Whirlpool Corporation - United States
  • BRITA GmbH - Germany
  • Nestlé Waters - Switzerland
  • AquAid - United Kingdom
  • Cosmetal Srl - Italy
  • Elkay Manufacturing Company - United States
  • Aqua-Tek Water Conditioning - Canada
  • A. O. Smith Corporation - United States
  • Aqua One Australia - Australia
  • AquaCoolers - Australia

Water Dispenser Market Recent Developments

  • In June 2023, Avalon announced the launch of its new countertop water dispenser with UV sanitization.
  • In May 2023, Brita announced the launch of its new line of water dispensers with advanced filtration technology.

Water Dispenser Key Market Trends

Smart and Connected Water Dispensers

  • One prominent trend in the water dispenser market is the integration of smart and connected technologies. Manufacturers are incorporating IoT capabilities into water dispensers, enabling features like remote monitoring, automatic reordering of replacement filters, and personalized settings through smartphone apps. These smart dispensers provide users with real-time information about water quality, usage, and filter status, enhancing convenience and ensuring timely maintenance.

Shift towards Eco-Friendly Solutions

  • As environmental concerns gain prominence, there's a noticeable trend toward eco-friendly water dispenser solutions. Manufacturers are focusing on reducing plastic waste by offering alternatives to traditional bottled water dispensers. Plumbed-in dispensers and those equipped with advanced filtration systems are gaining traction as they eliminate the need for single-use plastic bottles.

Water Dispenser Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our global water dispenser market analysis, The global water dispenser market highlights a growing demand driven by health consciousness, technological advancements, and environmental considerations. Consumer preferences for convenient access to clean and purified water, especially in residential and commercial spaces, are propelling the market forward. The adoption of sustainable solutions, such as plumbed-in dispensers and advanced filtration systems, is on the rise, reflecting the industry's response to environmental concerns. Furthermore, the integration of IoT technology in smart water dispensers enhances user experience and convenience. While initial costs remain a challenge, the market's trajectory is set by the intersection of health, technology, sustainability, and evolving consumer lifestyles.

Report Metric Details
Market size value in 2021 USD 2.48 billion
Market size value in 2030 USD 5.34 billion
Growth Rate 8.9%
Base year 2023
Forecast period 2023-2030
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Bottled water dispensers, plumbed-in water dispensers, and countertop water dispensers
  • Application
    • Residential, commercial, and industrial
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Primo Water Corporation - United States
  • Culligan International Company - United States
  • Blue Star Limited - India
  • Clover Co., Ltd. - South Korea
  • Honeywell International Inc. - United States
  • Aqua Clara - New Zealand
  • Midea Group - China
  • Voltas Limited - India
  • Oasis International - United States
  • Waterlogic Holdings Ltd. - United Kingdom
  • Whirlpool Corporation - United States
  • BRITA GmbH - Germany
  • Nestlé Waters - Switzerland
  • AquAid - United Kingdom
  • Cosmetal Srl - Italy
  • Elkay Manufacturing Company - United States
  • Aqua-Tek Water Conditioning - Canada
  • A. O. Smith Corporation - United States
  • Aqua One Australia - Australia
  • AquaCoolers - Australia
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Water Dispenser Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Water Dispenser Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Water Dispenser Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Water Dispenser Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Water Dispenser Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Water Dispenser Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Water Dispenser Market size was valued at USD 2.48 billion in 2021 and is poised to grow from USD 2.70 billion in 2022 to USD 5.34 billion by 2030, at a CAGR of 8.9% during the forecast period (2023-2030).

The competitive landscape of the water dispenser market is characterized by intense competition among established players and a growing number of new entrants. Key manufacturers in the market are continuously striving to differentiate their products by offering innovative features, advanced filtration systems, and enhanced user experiences. Established companies maintain a strong presence with well-established distribution networks, brand recognition, and a diverse product portfolio. They leverage their experience and reputation to cater to a wide range of industries, including residential, commercial, and industrial sectors. In contrast, emerging players and niche manufacturers focus on specific market segments and regions, offering specialized water dispensers with unique features and design elements. These companies often emphasize sustainability, energy efficiency, and user-friendliness to gain a competitive edge. With the market's increasing focus on eco-friendly solutions and sustainable practices, new entrants are capitalizing on this trend to appeal to environmentally conscious consumers. Strategic collaborations, mergers, and acquisitions are common in the competitive landscape, as companies seek to expand their market presence, strengthen their product offerings, and access new markets. 'Primo Water Corporation - United States', 'Culligan International Company - United States', 'Blue Star Limited - India', 'Clover Co., Ltd. - South Korea', 'Honeywell International Inc. - United States', 'Aqua Clara - New Zealand', 'Midea Group - China', 'Voltas Limited - India', 'Oasis International - United States', 'Waterlogic Holdings Ltd. - United Kingdom', 'Whirlpool Corporation - United States', 'BRITA GmbH - Germany', 'Nestlé Waters - Switzerland', 'AquAid - United Kingdom', 'Cosmetal Srl - Italy', 'Elkay Manufacturing Company - United States', 'Aqua-Tek Water Conditioning - Canada', 'A. O. Smith Corporation - United States', 'Aqua One Australia - Australia', 'AquaCoolers - Australia'

One significant driver for the water dispenser market is the increasing awareness of the importance of health and hydration. Consumers are becoming more health-conscious, recognizing the benefits of staying hydrated and consuming clean drinking water. Water dispensers offer a convenient and accessible solution to meet this demand, providing purified and refreshing water for homes, offices, and public spaces. The promotion of healthy lifestyles, coupled with the rising concerns about waterborne diseases and the need for safe drinking water, contributes to the growing adoption of water dispensers worldwide.

One prominent trend in the water dispenser market is the integration of smart and connected technologies. Manufacturers are incorporating IoT capabilities into water dispensers, enabling features like remote monitoring, automatic reordering of replacement filters, and personalized settings through smartphone apps. These smart dispensers provide users with real-time information about water quality, usage, and filter status, enhancing convenience and ensuring timely maintenance.

In the dynamic water dispenser market, Asia-Pacific stands as the dominating region, quenching the thirst for water dispensers with remarkable prowess. With its vast population and rapid urbanization, the region witnesses a surging demand for clean drinking water solutions, driving the adoption of water dispensers in both residential and commercial sectors. The increasing awareness of waterborne diseases and the need for convenient and safe hydration options fuel the popularity of water dispensers across countries like China, India, and Japan. Moreover, the rising disposable income and lifestyle changes in the region further amplify the demand for water dispensers, making Asia-Pacific a force to be reckoned with in the market.

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Global Water Dispenser Market

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