Latin America Water Dispenser Market Size & Outlook
Latin America water dispenser market, 2018-2030 (US$M)
Related Markets
Latin America water dispenser market highlights
- The Latin America water dispenser market generated a revenue of USD 302.8 million in 2023.
- The market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, bottled was the largest revenue generating product in 2023.
- Bottle-less is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 302.8 million |
| Market revenue in 2030 | USD 518.5 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Bottled |
| Fastest growing segment | Bottle-less |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bottled, Bottle-less |
| Key market players worldwide | Whirlpool Corp, Primo Water Corp, Honeywell International Inc, A.O. Smith Corp, Midea Group, Brio Water Technology, Culligan International, Waterlogic |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.1% of the global water dispenser market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,431.0 million by 2030.
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Water Dispenser Market Scope
Water Dispenser Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America water dispenser market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to water dispenser market will help companies and investors design strategic landscapes.
Bottled was the largest segment with a revenue share of 75.99% in 2023. Horizon Databook has segmented the Latin America water dispenser market based on bottled, bottle-less covering the revenue growth of each sub-segment from 2018 to 2030.
Deficiencies in drinking water systems, such as water supply downtime and disruption in services, are some of the main reasons behind limited access to clean and fresh drinking water in most Latin American countries.
Water impurities require technologically advanced purifiers, which are costly, and therefore, water dispensers are the ideal solution to address these challenges. This offers a major opportunity for players in the water dispenser market.
A rapidly expanding food service industry, especially in Argentina and Brazil, also contributes to the increased demand for water dispensers. Furthermore, the strengthening presence and reach of ecommerce websites bode well for the sale of water dispensers through online channels.
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Target buyers of Latin America water dispenser market databook
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Our clientele includes a mix of water dispenser market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America water dispenser market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America water dispenser market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America water dispenser market size, by country, 2018-2030 (US$M)
Latin America Water Dispenser Market Outlook Share, 2023 & 2030 (US$M)
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