At 5.7% CAGR, the North America Household Water Dispensers Market is projected to be worth US$ 1,363.29 million by 2028, says The Business Market Insights

According to the Business Market Insights’ research, the North America household water Dispensers market was valued at US$ 975.42 million in 2022 and is expected to reach US$ 1,363.29 million by 2028, registering a CAGR of 5.7% from 2022 to 2028. Increase in demand for clean drinking water and growing adoption of e-commerce platform are the critical factors attributed to the North America household water Dispensers market expansion.

E-commerce platforms are being used widely across the region. Increase in penetration of smartphones and the internet, rise in purchasing power of consumers, and convenient shopping experiences provided by online retail platforms are driving the sales of various products, such as household water Dispensers, through e-commerce platforms. People increasingly prefer online retail platforms to buy household water Dispensers owing to the availability of various products of different brands at affordable prices, detailed product descriptions, consumer ratings and reviews, and home delivery services. During the COVID-19 outbreak, individuals were restricted to their homes, which increased their inclination toward online shopping. With the rising penetration of e-commerce across different countries, household water Dispensers manufacturers are enhancing their online presence by selling their products through well-known e-commerce platforms, such as Amazon.com, Lidl, and Walmart.

On the contrary, additional maintenance costs and frequent component replacement hurdles the growth of North America household water Dispensers market. 

Based on function, the North America household water Dispensers market is segmented into water cooling/heating and regular. The water cooling/heating held 68.5% market share in 2022, amassing US$ 668.48 million. It is projected to garner US$ 955.53 million by 2028 to expand at 6.1% CAGR during 2022–2028.

Based on Distribution channel, the North America household water Dispensers market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held 37.5% market share in 2022, amassing US$ 365.54 million. It is projected to garner US$ 520.54 million by 2028 to expand at 6.1% CAGR during 2022–2028.

Based on country, the North America household water Dispensers market is segmented into the US, Canada, and Mexico. Our regional analysis states that the US captured 75.2% market share in 2022. It was assessed at US$ 733.32 million in 2022 and is likely to hit US$ 1018.10 million by 2028, exhibiting a CAGR of 5.6% during the forecast period.     

Key players dominating the North America household water Dispensers market are SodaStream Inc; Avalon Water Co Inc; Blue Star Ltd; International Business Development Inc; Culligan International Co; Waterlogic Holdings Ltd; Primo Water Corp; and Oasis International Inc among others.   

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