September 2020
BWC20148

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global 5 gallon water bottles market bwc20148
Global 5-Gallon Water
Bottles Market size- Industry Trends & Forecast Report 2026
Global 5-Gallon Water
Bottles Market witness market size is estimated to be USD 7,856.88 Million in
2019 and, is anticipated to reach worth USD 10,234.50 Million in 2026 at a CAGR
of 2.2% during the projection period of 2020-2026. Key factors driving demand
for the 5-gallon water bottles and service industry include portability, ease
of use and instant delivery with affordable costs. In some regions, drinking
water scarcity needs sound sources to meet the growing demand for safe drinking
water, consequently leading to increased product sales inducing market growth.
Filtered, contamination-free drinking water with convenient exchange and refill
facilities in developed region propel the market growth of 5-Gallon Water
Bottles market.
Global 5-Gallon Water
Bottles Market Overview
A water dispenser, known
as a water cooler is a cooling or heating system that provides water with a
refrigeration device. It is usually placed near the bathroom for proximity to
the plumbing system, and a drain line is provided to the drainage system from
the water cooler. Water dispensers come in variations ranging from wall-mounted
to hybrid units for the bottle filler water dispenser, to bi-level units and
other types. Usually, bottled water dispensers are available in 5-gallon or
10-gallon dispensers, which are commonly placed on top of the device.
Top loading water dispensers are easy to set up and made of high-strength, lightweight plastic and are typically easy to carry. Most of them weigh less than 40 pounds and only need one or two individuals to move. Bottom-Loading and Top-loading Bottled Water Dispensers are made of the same materials. The only difference is the water pump used to move up the water into the water tank. They can be shifted and maneuvered with the same ease as top charging water dispensers.
Global 5-Gallon Water
Bottles Market Outlook and Trends
Growth Drivers
Increasing Global
Awareness about Safe Drinking Water
Increasing consumer
awareness about water safety and quality, owing to rising water-borne diseases
across the globe, is one of the fundamental factors responsible for the growth
of the water dispenser & services market. Besides, government initiatives
through various campaigns, tie-ups, etc., in many water-scarce countries are
helping spread awareness regarding the usage of safe drinking water.
Additionally, scarcity of potable water resources globally is another
triggering the demand for water Dispenser & Services in the market. All
factors mentioned earlier contribute to the growth of 5-Gallon water bottle
industry.
Increasing Product
Variations in Developing and Underdeveloped Countries
Various developing countries such as India, China, Sri Lanka, and other countries in the Asia Pacific and under-developed regions in Africa are investing extensively in water purification infrastructure. Organizations such as UNICEF and WHO are actively battling the grim problem of water shortage and unavailability of clean drinking water through running awareness campaigns and supporting water purifier companies. In these areas, manufacturers are growing their product offerings as per the need to reap substantial revenue benefits. Besides, people in America have gradually begun to purchase a range of water products, indicating a potential market for products, including sparkling beverages, filtered water systems, 5-gallon water coolers, bottleless coolers, and many more.
Fig : Demand vs Supply Curve in India
Restraints
Harmful effects of using
plastic bottles
Harmful effects of using
plastic in 5-gallon water bottles owing to the presence of chemicals such as
bisphenol A (BPA), can cause neurological diseases and behavioral problems
among children. The chemicals used in plastic bottle manufacturing are
poisonous and hazardous to the human body. Chemicals such as lead, cadmium, and
mercury may come directly into contact with humans. These toxins can cause
cancers, congenital disabilities, problems with the immune system and problems
with childhood growth. The rise in alternate PET and other forms of 5-gallon
bottle manufacturing material may lower the harmful effect.
Impact of COVID-19 in
industry
Considering the spread of
the virus to most countries as of the end of April 2020, the global growth
forecast assumes that all countries are experiencing disruptions in economic
activity due to many factors. Most of the countries have registered shrinkage
in GDP except China. Countries experiencing severe pandemics and others with
lesser effects are assumed to lose about 8 per cent and 5 per cent of working
days respectively in 2020 throughout containment efforts and subsequent gradual
loosening of restrictions. These losses are intensified by other factors such
as tighter global financial conditions, weaker external demand, and
terms-of-trade losses described below.
Global Water Dispenser
Device & Services Market has been negatively influenced in recent months
due to the lockdowns in many countries around the world. After the pandemic
outbreak in December 2019, these lockdowns temporarily halted the production of
water dispensers. They simultaneously increased the market for 5-Gallon water
due to safe drinking water awareness in the household sector. Manufacturing
firms are facing difficulties as a result of lower product demand and component
supply disruptions. Besides, many countries experienced curfew-like situations
where companies (except critical utilities) were not permitted to function,
which harmed the market for 5-Gallon water bottle services and water dispensers
that lead to a decrease in demand for Devices & services.
Global 5-Gallon Water
Bottles Market Segmentation
By Device Offering
Based on the device, offering the global 5-Gallon Water Bottles market is segmented into Top-Loading Bottled Water Dispenser and Bottom-Loading Bottled Water Dispenser. In this segmentation, Top-Loading Bottled Water Dispenser cater to a more extensive customer base across the globe. Top-Loading Bottled Water Dispenser is easy to set up and handle as it is made of high-strength, lightweight plastic. Most weigh less than 40 pounds and require a single person or two to move. They plug in ordinary, electrical outlets so they can easily find a place. The Bottom-Loading Bottled Water Dispenser is made of the same materials as the top-loading bottled water dispensers. The only noticeable difference is the lightweight water pump they use to draw up with water into the water tank, but this has a marginal impact on its weight. They are much shorter than top-loading dispensers as the container is placed in the base and fit in more spaces.
By Water Service Offering
Based on water service
offering, the global 5-Gallon Water Bottles service offering comprises Exchange
and Refill services. Exchange segment is anticipated to dominate the global
market. Primo Pre-Filled Exchange Water is available at over 13,000 retailers
in the U.S. and Canada, coupled with Primo and Glacier Self-Service Refill
Water Stations at thousands of retail locations nationwide, and they provide
high-quality water at a low price per gallon. Water availed by Primo and
Glacier Refill Self-Service Refill Stations undergoes sediment and carbon
filtration, reverse osmosis, and ultraviolet sterilization, all these
advantages contribute to the growth of the exchange and refill water services
during the forecast period.
By End-User
Based on End User
segmentation, the 5-Gallon Water Bottles market is segmented into Households
and Commercial Offices. Commercial offices segment is more lucrative and caters
large market share, owing to rising industrialization across the globe.
5-gallon water bottle delivery systems guarantee a reliable supply of fresh
drinking water without installing a filtration system. Many drinking water
companies provide flexible solutions for household and commercial offices,
enabling a customer to get clean drinking water. Options such as primo,
Culligan, Absopure etc. provide a variety of bottled water supply and water
dispensers for households, small offices and businesses. Delivery of bulk water
to homes and businesses is not only convenient but also cost-effective for the
customer. It's also an eco-friendly option.
Global 5-Gallon Water Bottles Market: Regional insights
Regional segment of global 5-Gallon Water Bottles market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Pure drinking water is increasingly becoming a commercial and popular venture in developed economies such as the USA and Canada, as it is an enticing choice for health-conscious consumers. Additionally, the strong presence of the region's leading players with a fully integrated supply chain contributes to the growth of the 5-gallon water bottles market in North America. In Europe, strict regulations concerning water packaging and bottled water quality, however, are expected to hamper the market growth to some degree. Also, easy tap water availability and the concerns about rising plastic waste are expected to pose a challenge to industry participants. Rising water purifiers and bottle-less water services is expected to impact the regional market at significant rate during the forecast period. Besides, developing regions such as the Middle East and Africa and Asia-Pacific are lucrative in the global market in terms of utility and volume due to inadequate pure drinking water supply chain.
Competitive landscape
Key players for 5-Gallon
Water Bottles device and service Market include Primo, Midea, Cott Corporation,
Agthia's, Danone, Costco, Nestle, Brio, Blue Star, Voltas, Whirlpool, Hitachi,
Hawaii water, Panasonic, Honeywell, Hamilton Beach and Other Prominent Players.
The market is fragmented in nature with numerous unorganized players across the
globe, majorly in developing region. Business players compete based on the
water quality and the delivery charges used for 5-Gallon Water Bottles supply.
Major players are engaged in mergers and acquisitions, expansion of their
manufacturing facilities, infrastructural growth, investment in R&D
facilities and the quest for opportunities to expand vertically through the
value chain. Besides, due to disruption in the supply chain among pandemic,
players such as Bisleri started direct home delivery nationally, this comes as
some shops reselling Bisleri cans have stopped deliveries during the COVID-19
pandemic. Similarly, WaterOnClick in Chennai plans to supply only a minimum of
3, 5-Gallon water bottles at a time and not accept cash on delivery beside
these other strategic movements by players in the region contribute to the
growth of the 5-Gallon Water Bottles Industry.
Recent Development
April 2020: The Alkaline Water
Company Inc., a leading manufacturer of premium bottled alkaline drinking
water, marketed under the brand name Alkaline88, announces that it has begun
home delivery of its premium Alkaline88 bottled water with one of the nation's
largest home water suppliers. Under this new arrangement, Alkaline88 1-gallon
and 3-liter sizes of the business will be available to consumers across
California for home delivery. Management is hopeful that the deal will be
extended to include nationwide distribution of its goods and new 5-gallon jugs,
as long as the 1-gallon and 3-litre sales are as strong as expected.
March 2020: Primo Water Corporation is a leading provider of home and office
bottled water delivery and water filtration facilities in North America and
Europe, as well as a leading provider of water dispensers, distilled bottled
water, and self-service drinking water refills in the United States and Canada.
The acquisition of WNY's Mountain Valley Water Company, a leading provider of
high-quality water delivery services to homes and offices(HOD) in Buffao and
Rochester, New York, will add around 1,500 customers to their Northern New York
footprint. Furthermore, this transaction will result in D.S. Services of
America, Inc. becoming the sole home and office water supply company that
distributes Mountain Valley Water products in New York.
Scope of the Report
Attribute |
Details |
Years Considered |
Historical data – 2016-2019 Base Year – 2019 Forecast – 2020 – 2026 |
Facts Covered |
Revenue in USD Million |
Market Coverage |
United States, Canada, Germany, United Kingdom, France, Italy,
Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa,
Saudi Arabia. |
Product/Service Segmentation |
By Device Offering, By Water Service Offering, By End User
and By Region |
Key Players |
Primo, Midea, Cott Corporation, Agthia's, Danone, Costco,
Nestle, Brio, Blue Star, Voltas, Whirlpool, Hitachi, Hawaii water, Panasonic,
Honeywell, Hamilton Beach and Other Prominent Players |
By Device Offering
Ø Top-Loading Bottled
Water Dispenser
Ø Bottom-Loading Bottled Water Dispenser
By Water Service Offering
Ø
Exchange
Ø
Refill
By End-User
Ø Household
Ø
Commercial Offices
By Region:
Ø Asia Pacific
Ø North America
Ø Europe
Ø Middle East & Africa
Ø Latin America
The objective of the
Study:
Ø To analyze and estimate the Global 5-Gallon
Water Bottles Market size, in terms of value.
Ø To examine the market segmentation carefully and estimate
the market size, in terms of value, based on the region by segmenting the
Global 5-Gallon Water Bottles Market into five regions, namely,
North America, Europe, Asia Pacific, Rest of the World and their leading
countries.
Ø To outline, categorize and project the Global 5-Gallon Water
Bottles Market based on Device Offering, Water Service Offering, End User
and Region.
Ø To examine competitive developments in Device Offering,
Water Service Offering, End User across Regions within the Global 5-Gallon
Water Bottles Market
Ø To highlight market dynamics such as drivers, restraints,
opportunities, and challenges and their impact.
Ø To provide a detailed competitive landscape, including major
players, their strategic profiles, and market shares.
Business Questions
Answered by the Report:
Ø How will the market drivers, restraints, and opportunities
affect the market dynamics?
Ø What will be the market size in terms of value and volume
and market statistics with a detailed classification?
Ø Which segment dominates the market or region, and which one
will be the fastest-growing, and why?
Ø Who are the key players in the market, and what is their
share?
Ø What is the strategy adopted by key players, and how does it
affect the existing and new players?
Customization Scope
for the Client:
Client satisfaction
is our first and last priority, and that is why BlueWeave Consulting offers
customization as per client’s specific needs. The following customization
options are available for the report:
Ø Additional Company Information
Ø Detail Analysis of five additional companies
Ø Additional country analysis
Ø
Detailed segment analysis
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