Top Mounted Water Dispensers to Dominate $63 Million India Water Dispenser Market by 2023
Growing
preference for bottled water, rising disposable income along with growing
health concerns to drive India water dispenser market through 2023
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"
https://www.techsciresearch.com/report/india-water-dispenser-market/2324.html
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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