Saudi Arabia Water Dispenser Market, By Type, By End User, By Distribution Channel and Forecast 2027
Navi Mumbai, (Newsbox) 27-Jul-2022
The Saudi Arabia water dispenser market segmentation is based on type, end user, distribution channel, regional distribution.
Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Saudi Arabia Water Dispenser Market, By Type (Top Mounted, Upright, Bottled), By End User (Residential, Commercial & Industrial), By Distribution Channel (Direct Vs. Retail), By Region, Competition Forecast & Opportunities, 2027” under Consumer Goods Market Research Reports category. The Water Dispenser Market Database in Saudi Arabia is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.
Saudi Arabia Water Dispenser Market is projected to grow at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the increasing groundwater contamination and advantages of water dispensers such as enhanced portability, low maintenance costs, and easy installation. Besides, the emergence of online sales channels and integration of advanced technologies in water dispensers are anticipated to fuel the growth of the Saudi Arabia water dispenser market in the coming five years.
Groundwater is regarded as the most valuable resource as it is widely used for agriculture, industry, and domestic purposes. Saudi Arabia has limited water resources and is one of the world's driest countries in the world. The shallow underground water near Saudi Arabia's major cities is highly polluted. It is influenced by the discharge of industrial, agricultural, and domestic waste into bodies of water. Groundwater supplies more than 70% of the water supply-demand in the Kingdom of Saudi Arabia.
The growing population necessitates the purification of polluted water before it can be consumed. The easy availability of water dispensers in the market and the high demand for water among consumers are expected to drive the Saudi Arabia water dispenser market growth over the next five years.
There is an increasing demand for an energy-efficient water dispenser that uses minimal power while producing maximum output. Market participants are investing in R&D activities to launch innovative products and upgrade existing infrastructure for a more advanced version. Introduction of smart dispensers that use internet of things technology and are integrated with various types of sensors to track the amount of water required for day-to-day activities is expected to significantly impact market growth.
The weight of the available water in the water dispenser is measured by the smart dispenser, and an alert is sent when the water in the water dispenser is about to run out. It also measures the temperature and sends an alert to the users. Additionally, manufacturing adds a smart touch display to the water dispenser, making it more aesthetically appealing to attract customers. Frequent product launches and changing consumer preferences for technologically advanced products are expected to drive growth in the Saudi Arabia water dispenser market over the forecast period.
The Saudi Arabia water dispenser market segmentation is based on type, end user, distribution channel, regional distribution, and company. Based on type, the market is segmented into top mounted, upright, and bottled. The bottled dispenser segment is expected to hold the largest share in the Saudi Arabia water dispenser market, owing to the rise in consumer awareness regarding the consumption of clean and healthy drinking water.
Key players operating in the Saudi Arabia water dispenser market are LG Electronics, GeePaas, TONGYANG Magic, NIKAI, Clikon, Haier Home Appliances, TCL Home Appliances (Hong Kong) Co., Ltd., Eurostar, Sharp Middle East FZE, Hamad A. Alessa & Sons Co. (HAASCO), among others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023–2027
Objective of the Study:
•To analyze the historical growth in the market size of the Saudi Arabia water dispenser market from 2017 to 2021.
•To estimate and forecast the market size of Saudi Arabia water dispenser market from 2023 to 2027 and growth rate until 2027.
•To classify and forecast the Saudi Arabia water dispenser market based on type, end user, distribution channel, region, and company.
•To identify the dominant region or segment in the Saudi Arabia water dispenser market.
•To identify drivers and challenges for the Saudi Arabia water dispenser market.
•To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Saudi Arabia water dispenser market.
•To identify and analyze the profiles of leading players operating in the Saudi Arabia water dispenser market.
•To identify key sustainable strategies adopted by market players in Saudi Arabia water dispenser market.
Key Target Audience:
•Market research and consulting firms
•Government bodies such as regulating authorities and policy makers
•Organizations, forums, and alliances
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, Saudi Arabia water dispenser market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
•Saudi Arabia Water Dispenser Market, By Type:
•Saudi Arabia Water Dispenser Market, By End User:
•Saudi Arabia Water Dispenser Market, By Distribution Channel:
•Saudi Arabia Water Dispenser Market, By Region:
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