Water Fountain Market

Water Fountain Market

  • CG-4941
  • 4.2 Rating
  • 175 Pages
  • 22-12-2022
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Debadatta

Author:

Debadatta Patel

Partha

Fact-checked by:

PARTHA PAUL

Aman

Editor:

Aman Singh

The water fountain market size was valued at USD 1,850.14 Mn in 2022 and is expected to reach USD 2,291.54 Mn by 2031, expanding at a CAGR of 3.2% during the forecast period, 2023 – 2031. The growth of the market is attributed to rising economic growth in developing countries and increasing consumer awareness about healthy drinking habits.

A water fountain, also known as a drinking fountain or water bubbler, is designed to provide instant drinking water, especially for public use. It consists of a basin arrangement with a tap or bubbler that dispenses either continuously running water or water on demand.

Global Water Fountain Market Outlook

These drinking fountains can be also designed to regulate the water temperature to make the water cold or hot. The water fountains are usually connected to the main water supply that is available for public use including commercial or residential buildings.

Outdoor fountains have several options for power, among which hardwired and solar-powered are most commonly used. The electric power source is drawn by hardwired fountains to function. Licensed electricians are preferred for the installation of hardwired outdoor fountains.

Solar-powered outdoor fountains are popular as it works on solar energy and does not require hardwiring and electricity to function. They are much more convenient than hardwired fountains. The water temperature and flow of the water fountains can be controlled and adjusted accordingly.

Water fountains benefit the environment, as they ensure less plastic waste and reduce environmental pollution. Moreover, the user also gains monetary savings from not purchasing plastic bottled water and also helps in controlling global warming and greenhouse gases by reducing the use of plastic.

As per guidelines given by various international organizations including the World Health Organization (WHO), World Bank, and United Nations International Children’s Emergency Fund (UNICEF), it is mandatory for governments to provide safe drinking water for the citizens. Various grants and aids are provided by government institutions across the world to install water fountains in schools, parks, sports, and recreational places. The water fountains filter out the contaminants such as lead and retain beneficial elements such as fluoride.

The COVID-19 outbreak affected the overall revenue of the global water fountain market due to a sharp decline in the manufacturing of outdoor water fountains across the world. As a part of preventive measures imposed by governments across countries to curb the virus spread. Moreover, Public places were restricted to visit due to the pandemic which led to reduce the demand for water fountains.

The prolonged shutdown of manufacturing industries has plummeted the overall demand for fountains. Further, the sudden disruption in the supply chain especially the lack of timely supply of raw materials forced manufacturers to either delay their production or reschedule their existing projects.

Water Fountain Market Dynamics

Key Drivers

Rising innovation in outdoor drinking water fountains is expected to drive the market in the coming years. Market key players are investing in research and development (R&D) to offer innovative products to consumers. Carbon filters to detoxify the contaminated water are installed in the water fountains, which in turn drives the market.

Existing Restraints

Increasing installation and maintenance cost of water fountains creates a major challenge for the market. The water levels need to be regulated properly and the available water in the fountain must be maintained with disinfection solutions. Moreover, increasing alternatives for consumers is expected to hamper the market in the coming years.

Emerging Opportunities

Increasing rate of infrastructure development is likely to create ample opportunities in the market, owing to the demand for drinking water fountains in public spaces for easy access to clean & safe water and making it as a part of infrastructure development.

Global Water Fountain Market Dynamics

Scope of Water Fountain Market Report

The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
 

Attributes

Details

Report Title

Water Fountain Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2020–2021

Forecast Period

2022–2031

Segmentation

Installation Type (Outdoor and Indoor), Mounting Type (Floor Mounting and Wall Mounting), Application (School & Education Institutes, Parks, Recreational Places, Sports Complexes & Playgrounds, and Others) Sales Channel (Offline and Online)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Elkay Manufacturing Company; Zip Water; Enware Australia Pty Ltd; Aqua Cooler; The Britex Group; Landmark Products Pty Ltd; Aquafil; Area Safe Products Pty Ltd.; Grillex, Furphy Foundry Pty Ltd; and aquaBUBBLER, Mountain Fresh

 

Market Segment Insights

On the basis of installation type, the global water fountain market is bifurcated into outdoor and indoor. The outdoor segment is projected to expand during the forecast period, due to the rising adoption of water fountains across residential communities and high-traffic areas. Outdoor fountains provide benefits such as convenience and reliability to physically challenged consumers.

Global Water Fountain Market Installation Type

In terms of mounting type, the market is segregated into floor mounting and wall mounting. The floor mounting segment is expected to register a robust growth rate in the coming years. Key features such as being suitable for indoor & outdoor use, adjustable timed flow valve, solid construction with smooth circular design eliminating sharp corners, and concealed pipework is likely to drive the market.

On the basis of application, the market is classified as schools & education institutes, parks, recreational places, sports complexes & playgrounds, and others. The school & education institutes segment is projected to register a considerable CAGR during the forecast period, owing to the availability of a wide range of robust wall mount and floor mount stainless steel models.

Global Water Fountain Market Applications

Based on sales channel, the market is divided into offline and online. Offline stores are expected to drive the market. Consumer benefits such as instant customer services and product queries are likely to boost the offline store segment in the forecast period.

In terms of region, the global water fountain market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The Asia Pacific region is anticipated to dominate the market during the projection period, owing to the increasing number of government initiatives. Moreover, with rising awareness about alternatives to bottled water for the reduction of plastic waste. Growing health concerns and environmental issues are increasing the demand for water fountains in the region.

Global Water Fountain Market Regions

Segments

The global water fountain market has been segmented on the basis of

Installation Type

  • Outdoor
  • Indoor

Mounting Type

  • Floor Mounting
  • Wall Mounting

Application

  • School & Education Institutes
  • Parks
  • Recreational Places
  • Sports Complexes & Playgrounds
  • Others

Sales Channel

  • Offline
  • Online

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

Competitive Landscape

Key players in the global water fountain market are Elkay Manufacturing Company; Zip Water; Enware Australia Pty Ltd; Aqua Cooler; The Britex Group; Landmark Products Pty Ltd; Aquafil; Area Safe Products Pty Ltd.; Grillex; Furphy Foundry Pty Ltd; aquaBUBBLER; and Mountain Fresh.

These companies adopted development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to expand their consumer base worldwide.

On July 01, 2022, Elkay Manufacturing and Zurn Water Solutions completed the merger and created Zurn Elkay Water Solutions opts to be one of the large water management solutions providers that aim to improve the environment and health of consumers.

On February 15, 2023, Zip Water, launched new sparkling water HydroTaps which has Zip MicroPurity technology. The company offers various range of stylish and elegant HydroTaps to provide a healthy solution for homes.

Global Water Fountain Market Key Players

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Water Fountain Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Water Fountain Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Water Fountain Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Water Fountain Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Water Fountain Market Size & Forecast, 2015-2030
      4.5.1 Water Fountain Market Size and Y-o-Y Growth
      4.5.2 Water Fountain Market Absolute $ Opportunity
   4.6 Global Water Fountain Market- Pricing Analysis
   4.7 Global Water Fountain Market- Investment Scenario
Chapter 5 Global Water Fountain Market Analysis and Forecast By Installation Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Installation Type
      5.1.2 Basis Point Share (BPS) Analysis By Installation Type
      5.1.3 Absolute $ Opportunity Assessment By Installation Type
   5.2 Water Fountain Market Size Forecast By Installation Type
      5.2.1 Outdoor
      5.2.2 Indoor
   5.3 Market Attractiveness Analysis By Installation Type
Chapter 6 Global Water Fountain Market Analysis and Forecast By  Mounting Type
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By  Mounting Type
      6.1.2 Basis Point Share (BPS) Analysis By  Mounting Type
      6.1.3 Absolute $ Opportunity Assessment By  Mounting Type
   6.2 Water Fountain Market Size Forecast By  Mounting Type
      6.2.1 Floor Mounting
      6.2.2 Wall Mounting
   6.3 Market Attractiveness Analysis By  Mounting Type
Chapter 7 Global Water Fountain Market Analysis and Forecast By Application
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By Application
      7.1.2 Basis Point Share (BPS) Analysis By Application
      7.1.3 Absolute $ Opportunity Assessment By Application
   7.2 Water Fountain Market Size Forecast By Application
      7.2.1 School & Education Institutes
      7.2.2 Parks
      7.2.3 Recreational Places
      7.2.4 Sport Complex & Playgrounds
      7.2.5 Others
   7.3 Market Attractiveness Analysis By Application
Chapter 8 Global Water Fountain Market Analysis and Forecast By Sales Channel
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities By Sales Channel
      8.1.2 Basis Point Share (BPS) Analysis By Sales Channel
      8.1.3 Absolute $ Opportunity Assessment By Sales Channel
   8.2 Water Fountain Market Size Forecast By Sales Channel
      8.2.1 Offline
      8.2.2 Online
   8.3 Market Attractiveness Analysis By Sales Channel
Chapter 9 Global Water Fountain Market Analysis and Forecast by Region
   9.1 Introduction
      9.1.1 Key Market Trends & Growth Opportunities by Region
      9.1.2 Basis Point Share (BPS) Analysis by Region
      9.1.3 Absolute $ Opportunity Assessment by Region
   9.2 Water Fountain Market Size Forecast by Region
      9.2.1 North America
      9.2.2 Europe
      9.2.3 Asia Pacific
      9.2.4 Latin America
      9.2.5 Middle East & Africa (MEA)
   9.3 Market Attractiveness Analysis by Region
Chapter 10 Coronavirus Disease (COVID-19) Impact
   10.1 Introduction
   10.2 Current & Future Impact Analysis
   10.3 Economic Impact Analysis
   10.4 Government Policies
   10.5 Investment Scenario
Chapter 11 North America Water Fountain Analysis and Forecast
   11.1 Introduction
   11.2 North America Water Fountain Market Size Forecast by Country
      11.2.1 U.S.
      11.2.2 Canada
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 North America Water Fountain Market Size Forecast By Installation Type
      11.6.1 Outdoor
      11.6.2 Indoor
   11.7 Basis Point Share (BPS) Analysis By Installation Type
   11.8 Absolute $ Opportunity Assessment By Installation Type
   11.9 Market Attractiveness Analysis By Installation Type
   11.10 North America Water Fountain Market Size Forecast By  Mounting Type
      11.10.1 Floor Mounting
      11.10.2 Wall Mounting
   11.11 Basis Point Share (BPS) Analysis By  Mounting Type
   11.12 Absolute $ Opportunity Assessment By  Mounting Type
   11.13 Market Attractiveness Analysis By  Mounting Type
   11.14 North America Water Fountain Market Size Forecast By Application
      11.14.1 School & Education Institutes
      11.14.2 Parks
      11.14.3 Recreational Places
      11.14.4 Sport Complex & Playgrounds
      11.14.5 Others
   11.15 Basis Point Share (BPS) Analysis By Application
   11.16 Absolute $ Opportunity Assessment By Application
   11.17 Market Attractiveness Analysis By Application
   11.18 North America Water Fountain Market Size Forecast By Sales Channel
      11.18.1 Offline
      11.18.2 Online
   11.19 Basis Point Share (BPS) Analysis By Sales Channel
   11.20 Absolute $ Opportunity Assessment By Sales Channel
   11.21 Market Attractiveness Analysis By Sales Channel

Chapter 12 Europe Water Fountain Analysis and Forecast
   12.1 Introduction
   12.2 Europe Water Fountain Market Size Forecast by Country
      12.2.1 Germany
      12.2.2 France
      12.2.3 Italy
      12.2.4 U.K.
      12.2.5 Spain
      12.2.6 Russia
      12.2.7 Rest of Europe
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Europe Water Fountain Market Size Forecast By Installation Type
      12.6.1 Outdoor
      12.6.2 Indoor
   12.7 Basis Point Share (BPS) Analysis By Installation Type
   12.8 Absolute $ Opportunity Assessment By Installation Type
   12.9 Market Attractiveness Analysis By Installation Type
   12.10 Europe Water Fountain Market Size Forecast By  Mounting Type
      12.10.1 Floor Mounting
      12.10.2 Wall Mounting
   12.11 Basis Point Share (BPS) Analysis By  Mounting Type
   12.12 Absolute $ Opportunity Assessment By  Mounting Type
   12.13 Market Attractiveness Analysis By  Mounting Type
   12.14 Europe Water Fountain Market Size Forecast By Application
      12.14.1 School & Education Institutes
      12.14.2 Parks
      12.14.3 Recreational Places
      12.14.4 Sport Complex & Playgrounds
      12.14.5 Others
   12.15 Basis Point Share (BPS) Analysis By Application
   12.16 Absolute $ Opportunity Assessment By Application
   12.17 Market Attractiveness Analysis By Application
   12.18 Europe Water Fountain Market Size Forecast By Sales Channel
      12.18.1 Offline
      12.18.2 Online
   12.19 Basis Point Share (BPS) Analysis By Sales Channel
   12.20 Absolute $ Opportunity Assessment By Sales Channel
   12.21 Market Attractiveness Analysis By Sales Channel
Chapter 13 Asia Pacific Water Fountain Analysis and Forecast
   13.1 Introduction
   13.2 Asia Pacific Water Fountain Market Size Forecast by Country
      13.2.1 China
      13.2.2 Japan
      13.2.3 South Korea
      13.2.4 India
      13.2.5 Australia
      13.2.6 South East Asia (SEA)
      13.2.7 Rest of Asia Pacific (APAC)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Asia Pacific Water Fountain Market Size Forecast By Installation Type
      13.6.1 Outdoor
      13.6.2 Indoor
   13.7 Basis Point Share (BPS) Analysis By Installation Type
   13.8 Absolute $ Opportunity Assessment By Installation Type
   13.9 Market Attractiveness Analysis By Installation Type
   13.10 Asia Pacific Water Fountain Market Size Forecast By  Mounting Type
      13.10.1 Floor Mounting
      13.10.2 Wall Mounting
   13.11 Basis Point Share (BPS) Analysis By  Mounting Type
   13.12 Absolute $ Opportunity Assessment By  Mounting Type
   13.13 Market Attractiveness Analysis By  Mounting Type
   13.14 Asia Pacific Water Fountain Market Size Forecast By Application
      13.14.1 School & Education Institutes
      13.14.2 Parks
      13.14.3 Recreational Places
      13.14.4 Sport Complex & Playgrounds
      13.14.5 Others
   13.15 Basis Point Share (BPS) Analysis By Application
   13.16 Absolute $ Opportunity Assessment By Application
   13.17 Market Attractiveness Analysis By Application
   13.18 Asia Pacific Water Fountain Market Size Forecast By Sales Channel
      13.18.1 Offline
      13.18.2 Online
   13.19 Basis Point Share (BPS) Analysis By Sales Channel
   13.20 Absolute $ Opportunity Assessment By Sales Channel
   13.21 Market Attractiveness Analysis By Sales Channel
Chapter 14 Latin America Water Fountain Analysis and Forecast
   14.1 Introduction
   14.2 Latin America Water Fountain Market Size Forecast by Country
      14.2.1 Brazil
      14.2.2 Mexico
      14.2.3 Rest of Latin America (LATAM)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Latin America Water Fountain Market Size Forecast By Installation Type
      14.6.1 Outdoor
      14.6.2 Indoor
   14.7 Basis Point Share (BPS) Analysis By Installation Type
   14.8 Absolute $ Opportunity Assessment By Installation Type
   14.9 Market Attractiveness Analysis By Installation Type
   14.10 Latin America Water Fountain Market Size Forecast By  Mounting Type
      14.10.1 Floor Mounting
      14.10.2 Wall Mounting
   14.11 Basis Point Share (BPS) Analysis By  Mounting Type
   14.12 Absolute $ Opportunity Assessment By  Mounting Type
   14.13 Market Attractiveness Analysis By  Mounting Type
   14.14 Latin America Water Fountain Market Size Forecast By Application
      14.14.1 School & Education Institutes
      14.14.2 Parks
      14.14.3 Recreational Places
      14.14.4 Sport Complex & Playgrounds
      14.14.5 Others
   14.15 Basis Point Share (BPS) Analysis By Application
   14.16 Absolute $ Opportunity Assessment By Application
   14.17 Market Attractiveness Analysis By Application
   14.18 Latin America Water Fountain Market Size Forecast By Sales Channel
      14.18.1 Offline
      14.18.2 Online
   14.19 Basis Point Share (BPS) Analysis By Sales Channel
   14.20 Absolute $ Opportunity Assessment By Sales Channel
   14.21 Market Attractiveness Analysis By Sales Channel
Chapter 15 Middle East & Africa (MEA) Water Fountain Analysis and Forecast
   15.1 Introduction
   15.2 Middle East & Africa (MEA) Water Fountain Market Size Forecast by Country
      15.2.1 Saudi Arabia
      15.2.2 South Africa
      15.2.3 UAE
      15.2.4 Rest of Middle East & Africa (MEA)
   15.3 Basis Point Share (BPS) Analysis by Country
   15.4 Absolute $ Opportunity Assessment by Country
   15.5 Market Attractiveness Analysis by Country
   15.6 Middle East & Africa (MEA) Water Fountain Market Size Forecast By Installation Type
      15.6.1 Outdoor
      15.6.2 Indoor
   15.7 Basis Point Share (BPS) Analysis By Installation Type
   15.8 Absolute $ Opportunity Assessment By Installation Type
   15.9 Market Attractiveness Analysis By Installation Type
   15.10 Middle East & Africa (MEA) Water Fountain Market Size Forecast By  Mounting Type
      15.10.1 Floor Mounting
      15.10.2 Wall Mounting
   15.11 Basis Point Share (BPS) Analysis By  Mounting Type
   15.12 Absolute $ Opportunity Assessment By  Mounting Type
   15.13 Market Attractiveness Analysis By  Mounting Type
   15.14 Middle East & Africa (MEA) Water Fountain Market Size Forecast By Application
      15.14.1 School & Education Institutes
      15.14.2 Parks
      15.14.3 Recreational Places
      15.14.4 Sport Complex & Playgrounds
      15.14.5 Others
   15.15 Basis Point Share (BPS) Analysis By Application
   15.16 Absolute $ Opportunity Assessment By Application
   15.17 Market Attractiveness Analysis By Application
   15.18 Middle East & Africa (MEA) Water Fountain Market Size Forecast By Sales Channel
      15.18.1 Offline
      15.18.2 Online
   15.19 Basis Point Share (BPS) Analysis By Sales Channel
   15.20 Absolute $ Opportunity Assessment By Sales Channel
   15.21 Market Attractiveness Analysis By Sales Channel
Chapter 16 Competition Landscape
   16.1 Water Fountain Market: Competitive Dashboard
   16.2 Global Water Fountain Market: Market Share Analysis, 2021
   16.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      16.3.1 Elkay Manufacturing Company
      16.3.2 Zip Water
      16.3.3 Enware Australia Pty Ltd
      16.3.4 Aqua Cooler
      16.3.5 The Britex Group
      16.3.6 Landmark Products Pty Ltd 
      16.3.7 aquafil
      16.3.8 Area Safe Products Pty Ltd.
      16.3.9 Grillex
      16.3.10 Furphy Foundry Pty Ltd
      16.3.11 aquaBUBBLER
      16.3.12 Mountain Fresh

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