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The water coolers market size is forecast to increase by USD 717 million at a CAGR of 6.4% between 2023 and 2028. The water cooler market in the United States is experiencing significant growth due to several key factors. One trend driving market expansion is the increasing popularity of online sales channels for water coolers. Consumers are increasingly turning to e-commerce platforms to purchase standing units and counter-top models. Another trend is the introduction of multi-purpose water coolers, which offer added convenience by providing both hot and cold water options. The cost of bottled water can add up quickly, especially for businesses with high water consumption. Moreover, the use of disposable plastic bottles raises environmental concerns. Water coolers, on the other hand, offer a more cost-effective and eco-friendly solution. Long replacement cycles of equipment make them a cost-effective solution for businesses, further driving market growth. The focus on providing clean and safe drinking water continues to be a key driver for the market. With the advancement of water purifier systems, these offer an efficient and convenient solution for businesses and individuals seeking access to high-quality water. However, the convenience and low-maintenance nature of these appliances make them a worthwhile investment for many consumers. Overall, the water cooler market in the US is expected to continue growing due to these trends and the health benefits associated with providing clean water to individuals and businesses.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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