According to TechSci Research report, “India Water Dispenser Market By Type, By End User, By Sales Channel, Competition Forecast & Opportunities, 2013-2023”, water dispenser market in India is projected to surpass $ 63 million by 2023. Market growth in India is predominantly led by rising preference for bottled water due to continuously degrading water quality. Moreover, growing disposable income and rising health awareness among people is further expected to propel the demand for water dispensers across the country during the forecast period.
Browse 33 market data Figures and 11 Tables spread through 78 Pages and an in-depth TOC on “India Water Dispenser Market”
In 2017, top mounted water dispensers accounted for the largest share in India water dispenser market, and the segment is forecast to maintain its dominance through the forecast period as well due to reasonable product pricing and associated technological innovations. South and North regions cumulatively accounted for the majority share in India water dispenser market in 2017, owing to rising disposable income, increasing demand for packaged or bottled water and growing water shortage problems in states of these regions. Additionally, increasing groundwater contamination, coupled with rising population, industrialization and urbanization, in addition to depleting water resources are some of the other factors driving sales of water dispensers in the country.
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“Majority of the population in India relies on ground water and other water bodies for drinking water, thereby arising the need to purify and desalinate raw water to make it suitable for human consumption. Moreover, rising preference for bottled water due to increasing concentration of chlorine and salts in water and significant reduction in the ground water table, is boosting demand for water dispensers in India. Furthermore, with increasing concerns associated with water borne diseases, demand for packaged drinking water and consequently water dispensers in the country is expected to continue growing until 2023.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Water Dispenser Market By Type, By End User, By Sales Channel, Competition Forecast & Opportunities, 2013-2023” has evaluated the future growth potential of water dispenser market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in India water dispenser market.
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