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Smart Water Cooler Market

The smart water cooler market is expected to witness market growth at a rate of 7.30% in the forecast period of 2022 to 2029. Data Bridge Market Research report on smart water cooler market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. Rapid urbanization is escalating the growth of smart water cooler market.

Smart water coolers is known to have two outlets including hot water and cold water, and this is what differentiates them from traditional water coolers. These water coolers possess various functions such as app control, temperature control and LCD display. They carry additional in-built features such as additional dispenser for room temperature water and water purification.

The rise in awareness about health and hygiene among consumers across the globe acts as one of the major factors driving the growth of smart water cooler market. The rapid expansion of the tourism and hospitality sector, and rise in smart water coolers are more energy efficient and environmentally friendly accelerate the market growth. The increase in temperature around the world and rise in awareness of timely consumption of water for better immune system and desire for clear skin further influence the market. Additionally, increase in food expenditure, rise in health-conscious consumers, surge in the disposable income of people and increase in food expenditure positively affect the smart water cooler market. Furthermore, rise in demand for purified water extend profitable opportunities to the market players in the forecast period of 2022 to 2029.

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