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
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationSaudi Arabia water dispenser market is anticipated to register a steady CAGR during the forecast period, 2023-2027. The increase in levels of groundwater contamination and the various advantage offered by the water dispenser, including portability, low maintenance costs, and easy installation, are the major factors driving the demand for the Saudi Arabia water dispenser market. Also, the emergence of online sales channels and integration of advanced technologies in water dispensers are expected to create lucrative growth opportunities for the Saudi Arabia water dispenser market over the next five years.
Increase in Water Pollution Level Drives the Market Demand
Groundwater? It's like liquid gold here, fueling our farms, factories, and homes. Thing is, Saudi Arabia's not exactly swimming in water, we're one of the driest places on the planet! Sadly, the groundwater near our big cities? It's pretty messed up, thanks to industrial runoff, agricultural practices, and just general waste ending up where it shouldn't. In fact, we rely on groundwater for over 70% of our water needs. The General Authority of Statistics says we're using about 324 liters per person every day (as of 2021)! But here's the rubwith so much sun and so little rain, it barely gets replenished. Plus, what we do get is salty, so it has to be purified before we can drink it. That's why more and more people are turning to reliable water purification methods to get safe, healthy water, and honestly, dispensed water is becoming super popular. With a growing population, we need to clean up this polluted water. And because water dispensers are easy to find and everyone wants clean water, expect the Saudi Arabia water dispenser market to really take off over the next five years.
Ongoing Advancements in Technology Supports the Market Demand
People are really wanting energy-efficient water dispensers these days – ones that don't guzzle power but still give you plenty of water. Companies are putting a lot of effort into research and development, trying to create new and improved products and upgrade what's already out there. We're even seeing the rise of smart dispensers that use the Internet of Things and different sensors to track how much water you're using daily, which should really shake things up! These smart gadgets can even weigh the water left in the dispenser and send you a heads-up when you're running low, plus they monitor the temperature and let you know. To make things even better, manufacturers are adding cool touchscreen displays to make them look more appealing. With new products popping up all the time and folks wanting the latest tech, the Saudi Arabia water dispenser market is expected to really take off!
High Demand from the Commercial Sector Fuels the Market Growth
Saudi Arabia's economy is strong, but they're looking beyond oil & gas! The government is really pushing to grow businesses and branch out into new areas. Big plans like the National Transformation Program and Saudi Vision 2030 are all about making the country better and giving everyone a great life, all while boosting different industries. This means we're seeing more hotels, restaurants, malls, and even movie theaters popping up. All this commercial growth is expected to seriously increase the demand for the Saudi Arabia water dispenser market over the next five years.
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Market Segmentation
The Saudi Arabia water dispenser market is segmented into type, end user, distribution channel, regional distribution, and company. Based on type, the market is divided into top mounted, upright, and bottled. Based on end user, the market is divided into residential, commercial & industrial. Based on distribution channel, the market is bifurcated into direct and retail. To analyze the market based on the region, the Saudi Arabia water dispenser market is studied in major regions namely Western, Central, Southern, Eastern and Northern.
Market Players
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), are the major market players operating in the Saudi Arabia water dispenser market.
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Thousands Unit, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Type · End User · Distribution Channel |
| Regional scope | Western, Central, Southern, Eastern and Northern |
| Key companies profiled | 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) |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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