The North America Water Cooler Market is expected to witness market growth of 11.6% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 1.09 million Units, showcasing a growth of 12.3% (2020-2023).
Commercial applications for these coolers span across a variety of sectors, including offices, gyms, hospitals, and retail environments. In these settings, these coolers offer convenient, centralized access to clean drinking water for employees, clients, and guests, often supporting both bottled and bottleless options. Bottleless coolers are particularly favored in commercial environments due to their continuous water supply and lower operating costs, reducing the frequency of bottle replacements and associated waste. Thus, the Commercial segment in US market consumed 817.01 Thousand Units in 2023.
The US market dominated the North America Top Load Water Cooler Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $93.2 million by 2031. The Canada market is experiencing a CAGR of 15.1% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 14.4% during 2024-2031.
These coolers serve a wide range of applications across different sectors. Their primary function is to provide easy access to clean, chilled, or hot drinking water, enhancing hydration and overall well-being. These coolers are essential for promoting employee health and productivity in office environments. They provide a convenient way for staff to stay hydrated throughout the day, reducing the need for single-use plastic bottles and encouraging a more sustainable approach to water consumption.
Schools, colleges, and universities rely on these coolers to ensure students can access safe drinking water. This is particularly important in maintaining concentration and cognitive function, as hydration is crucial for academic performance. Hospitals, clinics, and nursing homes use these coolers to provide patients, visitors, and staff with readily available drinking water. In healthcare settings, the availability of clean water is vital for patient care and hygiene.
The increase in e-commerce usage in Mexico has led to a surge in online purchases of home appliances, including these coolers. As more consumers embrace online shopping for products related to home and office hydration solutions, this market benefits from expanded distribution channels. The rising construction industry in Canada plays a pivotal role in driving the growth of this market.
According to Statistics Canada, building construction investments saw a 1.7% increase, reaching $19.8 billion in November 2023. This growth is largely attributed to the strong performance in both the residential and non-residential sectors. In conclusion, the rising e-commerce sector and increasing regional residential construction drive the market's growth.
Commercial applications for these coolers span across a variety of sectors, including offices, gyms, hospitals, and retail environments. In these settings, these coolers offer convenient, centralized access to clean drinking water for employees, clients, and guests, often supporting both bottled and bottleless options. Bottleless coolers are particularly favored in commercial environments due to their continuous water supply and lower operating costs, reducing the frequency of bottle replacements and associated waste. Thus, the Commercial segment in US market consumed 817.01 Thousand Units in 2023.
The US market dominated the North America Top Load Water Cooler Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $93.2 million by 2031. The Canada market is experiencing a CAGR of 15.1% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 14.4% during 2024-2031.
These coolers serve a wide range of applications across different sectors. Their primary function is to provide easy access to clean, chilled, or hot drinking water, enhancing hydration and overall well-being. These coolers are essential for promoting employee health and productivity in office environments. They provide a convenient way for staff to stay hydrated throughout the day, reducing the need for single-use plastic bottles and encouraging a more sustainable approach to water consumption.
Schools, colleges, and universities rely on these coolers to ensure students can access safe drinking water. This is particularly important in maintaining concentration and cognitive function, as hydration is crucial for academic performance. Hospitals, clinics, and nursing homes use these coolers to provide patients, visitors, and staff with readily available drinking water. In healthcare settings, the availability of clean water is vital for patient care and hygiene.
The increase in e-commerce usage in Mexico has led to a surge in online purchases of home appliances, including these coolers. As more consumers embrace online shopping for products related to home and office hydration solutions, this market benefits from expanded distribution channels. The rising construction industry in Canada plays a pivotal role in driving the growth of this market.
According to Statistics Canada, building construction investments saw a 1.7% increase, reaching $19.8 billion in November 2023. This growth is largely attributed to the strong performance in both the residential and non-residential sectors. In conclusion, the rising e-commerce sector and increasing regional residential construction drive the market's growth.
List of Key Companies Profiled
- Clover Corporation Limited
- Blue Star Limited
- Waterlogic Holdings Ltd.
- Primo Water Corporation
- Culligan International Company (Clayton, Dubilier & Rice Ltd.)
- KENT RO Systems Ltd.
- Haier Smart Home Co., Ltd. (Haier Group Corporation)
- AB Electrolux (Electrolux)
- Whirlpool Corporation
- Farberware Cookware
Market Report Segmentation
By Application (Volume, Thousand Units, USD Billion, 2020-2031)
- Commercial
- Residential
By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2031)
- Supermarket & Hypermarket
- Specialty Stores
- Direct Distribution
- E-Commerce
By Product Type (Volume, Thousand Units, USD Billion, 2020-2031)
- Bottleless Water Cooler
- Bottled Water Cooler
- Top Load Water Cooler
By Country (Volume, Thousand Units, USD Billion, 2020-2031)
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. North America Water Cooler Market by Application
Chapter 5. North America Water Cooler Market by Distribution Channel
Chapter 6. North America Water Cooler Market by Product Type
Chapter 7. North America Water Cooler Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Clover Corporation Limited
- Blue Star Limited
- Waterlogic Holdings Ltd.
- Primo Water Corporation
- Culligan International Company (Clayton, Dubilier & Rice Ltd.)
- KENT RO Systems Ltd.
- Haier Smart Home Co., Ltd. (Haier Group Corporation)
- AB Electrolux (Electrolux)
- Whirlpool Corporation
- Farberware Cookware
Methodology
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