Global Outdoor Drinking Fountains Market Size By Type (Ceramic Drinking Water Fountain, Alloy Drinking Water Fountain), By Fountain Height (Up to 1.9 feet, 2 to 3.9 feet), By Application (Residential, Commercial), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Outdoor Drinking Fountains Market Size And Forecast
Outdoor Drinking Fountain Market size was valued at USD 1480.05 Million in 2024 and is projected to reach USD 2066.42 Million by 2031, growing at a CAGR of 4.26% from 2024 to 2031.
Want to grab a drink outside? Well, the demand for outdoor drinking fountains is really taking off! It's all about having access to water in public spaces. As the world's population grows and we build more parks, RV areas, and neighborhoods, we're going to see even more demand. Think about itbusy shopping centers and packed stadiums will also fuel the need for these fountains. Our Global Outdoor Drinking Fountains Market report gives you the full scoop – a complete look at what's hot, what's not, what's driving the market, and who the big players are. We dive deep into the segments, trends, and everything that makes this market tick!
Global Outdoor Drinking Fountains Market Definition
Think of a drinking fountain as a little oasis, offering a refreshing stream of water without needing a cup. An outdoor drinking fountain has lots of parts working together, like push pads, bubblers, and even filters to keep the water clean! They're a super handy way for anyone outside to grab a drink – whether you're a kid, a runner, just getting around, or even a thirsty pet. Instead of buying bottled water, you can just bend down to the flowing water from the tap and have a sip. You'll often find that modern fountains have fancy features, like chillers to make the water nice and cold. You'll usually see them around in public spots like schools, parks, libraries, and even your local supermarket. Plus, many places require them to be accessible for everyone, including people in wheelchairs and smaller kids, that is why they have a protruding horizontal wall design with a lower unit for children and short adults. Before these designs, you'd mostly see a single spout sitting on top of a big refrigeration unit.
Let's face it, we're all a little more worried about our drinking water these days. Between concerns about quality and the stories you hear about contamination in big cities, it's easy to get nervous about using public drinking fountains – nobody wants to get sick! So, naturally, the market for safer water options is growing. But keeping those fountains safe requires some work. We're talking about regular cleaning and maintenance, installing new fountains in busy spots, upgrading old ones with filters and bottle fillers, and getting rid of any lead or copper parts. It's important for cities, schools, sports facilities, and anyone else offering free water to create and share clear maintenance rules to keep everyone hydrated and healthy.
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Global Outdoor Drinking Fountains Market Overview
We're seeing a big jump in the need for drinking water, and that's really what's pushing the market forward. In many places around the world, getting enough drinking water is a real challenge. Why the spike in demand? Well, people are becoming much more aware of just how important staying hydrated is. For example, a study by the International Bottled Water Association back in 2018 found that a whopping 93% of Americans want bottled water available wherever drinks are sold. Many folks even prefer bottled water over other options when they're thirsty! This desire for water is a major factor in boosting the market. Safe, reliable water is crucial for a healthy economy, but sadly, it's often not given the attention it deserves worldwide. Take India, for instanceabout half the population struggles to find reliable drinking water, and tragically, around 200,000 people die each year simply because they can't access safe water. Because of this, there's an enormous need for portable, safe drinking water in India, which is also expected to fuel market growth.
On top of everything else, don't forget about infrastructure! Even with the pandemic in 2020, the number of infrastructure projects around the world actually increased – it seems like everyone's betting on infrastructure to help kickstart the global economy. We're talking about over 2,500 projects in 2020 alone, a 5.5% jump from the year before! And get thisabout half are sustainable infrastructure projects, like wind and solar power. Plus, China's big infrastructure push is putting them right in the middle of economic activity, both in Asia and globally, while also filling a real need in developing countries. All of this? It's creating some serious opportunities for the outdoor drinking fountain market. And, with governments stepping up, people becoming more aware, and the population growing, we expect even more growth in the market. Think about ithitting up those untapped markets, like busy areas and tech hubs, could be huge.
However, end-users shifting to commercial water is acting as a restraint to the market. To meet the requirement of clean and safe drinking water, most commercial places practice bottled water which is assumed to hinder the growth of the market. Apart from this, Vandalism or any kind of damage or irregular maintenance to the drinking fountain is also expected to limit the market growth.
Global Outdoor Drinking Fountains MarketSegmentation Analysis
The Global Outdoor Drinking Fountains Market is segmented on the basis of Type, Fountain Height, Application, and Geography.
Outdoor Drinking Fountains Market, By Type
• Ceramic Drinking Water Fountain• Alloy Drinking Water Fountain
To Get Summarized Market Report By Type-
Based on Type, the market is bifurcated into Ceramic Drinking Water Fountain and Alloy Drinking Water Fountain. Alloy Drinking Water Fountain accounted for the largest market share and is projected to grow at the highest CAGR during the forecast period. It facilitates to offer of convenient hydration to humans outdoors. It also serves as an alternative to bottled water for children, runners, commuters, the homeless, tourists, as well as pet animals. In addition, Alloy drinking fountains offer numerous advantages to enhance public fitness by the supply of affordable and safe, and clean drinking water.
Outdoor Drinking Fountains Market, By Fountain Height
• Up to 1.9 feet• 2 to 3.9 feet• Over 3.9 Feet
We've broken down the global outdoor drinking fountain market by height, looking at fountains up to 1.9 feet, those between 2 and 3.9 feet, and fountains over 3.9 feet tall. Turns out, the 2 to 3.9 feet group is the most popular right now and is expected to keep growing fastest! This height is great because you can often find these fountains with ADA compliant designs, maybe even with three bowls at different levels so kids and adults can easily use them. It has three bowls at different levels for three users. It can be used by both a child and an adult in this configuration and meets ADA standards for both.
Outdoor Drinking Fountains Market, By Application
• Residential• Commercial
On the basis of Application, the Global Outdoor Drinking Fountain Market has been segmented into Residential and Commercial. Commercial accounted for the largest market share and is projected to grow at the highest CAGR during the forecast period. The inclusion of municipalities and the increase in infrastructure development in high traffic areas are expected to grow the market in Commercial places. Also, these fountains are found to be ideal for recreational areas, outdoor parks, shopping centers, schools, museums, and airports which is further expected to drive the market.
Outdoor Drinking Fountains Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
To Get Summarized Market Report By Geography-
Looking at the world, the Outdoor Drinking Fountain Market breaks down into North America, Europe, Asia Pacific, and the rest of the globe. Europe currently leads the way, and we expect it to grow the fastest! Why? Well, there are more government programs popping up, cool new tech is being used, and people are just more aware of how swapping out bottled water can help cut down on plastic waste. This all points to a growing market in Europe. Meanwhile, in North America, the trend of cities getting bigger and more outdoor fountains showing up in places like businesses should also give the market a nice boost.
Key Players
The “Global Outdoor Drinking Fountains Market ” study report will provide valuable insight with an emphasis on the global market. The major players in the Global Outdoor Drinking Fountains Market are Elkay Manufacturing Company, Haws Corporation, Murdock Manufacturing Inc., Stern – Williams, Belson Outdoors, Halsey Taylor, Morris Group International, Bohlmann Quality Products Inc., Most Dependable Fountains Inc., Filtrine Manufacturing Company, and Oasis International. The performance of the top key players is also mentioned in the report along with key development strategies, market share along with market ranking analysis.
Key Developments
Company Name
Key Development
Description
ELKAY MANUFACTURING COMPANY INC
Partnership
• Elkay joined with 3M Purification• They provide complimentary refillable water bottles and filtered water to attendees of the upcoming 3M Open PGA TOUR.
By Type, By Fountain Height, By Application, And By Geography.
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We'll dig into the market using both qualitative and quantitative methods, breaking it down by segments based on everything from money matters to other important stuff. You'll get the market value in USD Billion for each of those segments and sub-segments, plus we'll point out which regions and segments are poised for the biggest boom and which ones will likely rule the roost. We'll also break down the product/service consumption by region, pinpointing the factors influencing the market in each spot. Expect a competitive rundown showing where the big players rank, along with details on new goodies, partnerships, expansions, and acquisitions from the last five years. We're talking detailed company profiles, too – overviews, insights, product comparisons, and even a SWOT analysis for the major players. You’ll get a view of where the market stands now and where it's headed, considering recent happenings, growth potential, drivers, and the hurdles in both up-and-coming and established regions. We'll even give you an in-depth look at the market through Porter's five forces. We also offer a deep dive into the market through its Value Chain, detailing the current market situation, alongside the growth possibilities in the years ahead. Oh, and don't forgetwe're offering 6 months of analyst support after the sale!
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