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Market Overview of Global Point of Use (POU) Water Coolers market:
According to our latest research, the global Point of Use (POU) Water Coolers market looks promising in the next 5 years. As of 2022, the global Point of Use (POU) Water Coolers market was estimated at USD 2268.23 million, and it's anticipated to reach USD 3521.47 million in 2028, with a CAGR of 7.61% during the forecast years.
A point-of-use water cooler (sometimes also known as a bottleless water cooler) is a machine that dispenses hot and cold water, without the hassle of handling large plastic bottles. These coolers have a built-in filtration system that purifies water as it flows through the machine to the dispenser. A point of use water cooler differs greatly from its bottled water predecessors in that the water is filtered on-site, right in the machine, rather than pre-filtered and bottled at an off-site manufacturing plant, and then delivered to a home or business. Like traditional water coolers, point of use coolers' primary function is to provide easy access to drinking water.
People pay attention to drinking water health
With the exposure of many problems in public drinking water, including concerns about water quality and sanitation, secondary pollution of bottled water, and high drinking water costs, Water Coolers have attracted attention. Safe and ready-to-use water is very important to public health. With the improvement of residents' consumption ability and health concept, the market demand for purified water is increasing, and the development space of Point of Use (POU) Water Coolers industry is constantly expanding.
Aquifers situated beneath urban and industrial areas can represent a strategic resource for potable water. However, point and diffuse source emissions of contaminants from urban and industrial areas can significantly impact on the quality of groundwater and, hence, its suitability for human consumption. Groundwater pollution The phenomenon has raised concerns about drinking water, the depletion of natural water resources and the need for safe drinking water will drive the Point of Use (POU) Water Coolers market.
Competitive pressure from other water purification equipment
POU units face significant competition from a range of other purification equipment, suitable for both residential and commercial use. For example, Point of Entry (POE) is commonplace, treating water at the point of entry to a site. These units are found in both the market and indeed larger facilities such as schools and businesses. A point of entry water filtration system provides a complete filtered water solution for every tap in the whole home. Filter jugs or 'pitchers' are widely used and represent the easiest and cheapest means of improving the quality of tap water. Two filter specialists dominate this sector, Brita and Procter & Gamble. The development of drinking water filtration and purification solutions in the market will give Point of Use (POU) Water Coolers development brings competitive challenges.
Limited popularity in some developing countries
The penetration rate of Point of Use (POU) Water Coolers is not high, and the market has yet to be developed. The main markets of Point of Use (POU) Water Coolers are concentrated in Europe and the United States. The developing countries in the Asia-Pacific region have great demand potential for Point of Use (POU) Water Coolers and have not been fully developed. The penetration rate in developing countries is still at a low level, the industry is still in the development stage, and many technical services and other issues need to be resolved.
In global comparison, a significant portion of the revenue was generated in North America (44.27% in 2022).
Culligan is one of the major players operating in the Point of Use (POU) Water Coolers market, holding a share of 7.21% in 2023.
Culligan International Company manufactures water treatment products. The Company produces water purification equipment such as water softner systems, filters, bottleless coolers, and municipal water conditioners. Culligan International serves customers worldwide.
Quooker is a company from the Netherlands that manufactures mixing taps with integrated heating elements, as well as soap dispensers, water filters and water softeners for removal of minerals from hard water.
Among different product types, Freestanding segment is anticipated to contribute the largest market share in 2028.
The market's largest segment by application is the segment Commercial, with a market share of 63.76% in 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Point of Use (POU) Water Coolers market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Point of Use (POU) Water Coolers Market Report:
Market Size Estimates: Point of Use (POU) Water Coolers market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Point of Use (POU) Water Coolers market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Point of Use (POU) Water Coolers market
Segment Market Analysis: Point of Use (POU) Water Coolers market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Point of Use (POU) Water Coolers market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Point of Use (POU) Water Coolers Market: Revenue and sales volume of major countries in each region
Point of Use (POU) Water Coolers Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Point of Use (POU) Water Coolers market in major regions.
Point of Use (POU) Water Coolers Industry Value Chain: Point of Use (POU) Water Coolers market raw materials & suppliers, manufacturing process, distributors, downstream customers
Point of Use (POU) Water Coolers Industry News, Policies & Regulations
Key players in the global Point of Use (POU) Water Coolers market are covered in Chapter 12:
In Chapter 2 and Chapter 15.1, based on types, the Point of Use (POU) Water Coolers market from 2018 to 2028 is primarily split into:
In Chapter 3 and Chapter 15.2, based on applications, the Point of Use (POU) Water Coolers market from 2018 to 2028 covers:
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
Asia-Pacific (Covered in Chapter 8)
Europe (Covered in Chapter 9)
Latin America (Covered in Chapter 10)
Middle East and Africa (Covered in Chapter 11)
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Point of Use (POU) Water Coolers market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028