Dublin, Nov. 25, 2022 (GLOBE NEWSWIRE) — The “2022 North American Outdoor Drinking Fountain Market” report has been added to ResearchAndMarkets.com’s offering.
The North American Outdoor Drinking Fountains Market is valued at more than $30.0 million in 2021. The market is expected to witness slow growth during the forecast period (2021-2028). Among the key factors driving the development are the emphasis on clean drinking water solutions, school mandates, infrastructure charges, grants, financial aid, rising health awareness, and opportunities of the weather is so hot. Growth in bottling stations with reliable plumbing infrastructure and in-built filters will likely result in demand shifting from bottled water to water supply systems. Outdoor drinking fountains with bottle fillers are in demand, capturing more than 35.0 percent of the market.
A comprehensive analysis of the Outdoor Drinking Fountain Market (drinking fountains, bottle fillers) in North America including market size, market share by competitor, market share by distribution channel, drivers, restraints, product pricing trends, industry quotes, company profiles and market forecasts to 2028 for the United States and Canada.
This study aims to provide a detailed analysis of the North American Outdoor Drinking Fountain Market along with the qualitative trends for the year 2021. The market includes outdoor stand alone drinking fountains, bottle fillers, drinking fountains and bottle filler combination units, and water coolers.
The market figures included in this report represent the revenues generated by the companies operating in the United States Outdoor Drinking Fountain Market. The base year for the study is 2021 and the forecast period is from 2021 to 2028.
This study captures the following information on the United States drinking fountain market:
Market Size, Growth Rate, and Revenue Forecasts (2021-2028)
Drivers and Constraints of Growth
Quotes by Key Industry Participants
Market Share Analysis
Elkay Manufacturing Company
Most Dependable Fountains Inc.
Murdock Manufacturing Inc.
Willoughby Stainless Fountain
State governments and municipalities are widely promoting water fountains and bottle filling stations in public places such as recreational centers and national parks, among others, with the primary goal of reducing waste. plastic. Additionally, states across the US are introducing bills to ensure accessibility to clean drinking water for children. The demand for drinking fountains and bottle fillers will increase with increasing health awareness and awareness of plastic waste among citizens.
“Educational institutions are expected to be subject to increased demand for drinking fountains in the coming years. The demand is likely to be driven by mandates to provide free drinking water to schools and increased construction of a condominium,” said Shilpa Tiku, Chief Research Officer and Partner.
Pricing plays a major role in the outdoor drinking fountain market as demand is highly dependent on economic and financing conditions. Depending on the material and features, the price for drinking fountains ranges from $564.00 to over $16,000.00. Almost 50.0 percent of drinking fountains are available in the lower price range ($2,000.00-$5,000.00).
Key challenges in the North American Outdoor Drinking Fountains Market include sustaining a fluctuating economy and changing regulations, threat of substitution (the convenience offered by bottled water), deteriorating plumbing infrastructure, poor water quality, and COVID-19 and heightened sanitation concerns. COVID-19 has resulted in supply chain bottlenecks, and labor shortages that have significantly affected companies’ operations such as higher lead times. This has resulted in increased operating costs, thereby affecting market share. Companies with strong distribution networks are able to retain customers and maintain market share.
Stainless steel is a popular choice of material for outdoor drinking fountains because of its exceptional properties such as durability and corrosion resistance, among others.
In 2021, the majority of sales by revenue will be from parks. Educational and private institutions/HOAs are expected to be subject to increased demand for drinking fountains in the coming years.
Main Topics Covered:
I. Scope of Research
IV. Country Profile, US
V. Country Profile, Canada
VI. Executive Summary: Key Data Points
VII. Market Drivers/Effects
VIII. Market Restraints/Effects
IX. Market Trends
a. Overview of Product Features,
b. Material Analysis of Outdoor Drinking Fountains
c. Dimension Analysis of Outdoor Drinking Fountains
d. Impact of COVID – 19 on the Design and Technology of Outdoor Drinking Fountains
e. Rise in Bottle Fillers
f. Water Fountains with Filters
h. Regional Breakdown
i. Consumer Trends.
J. Outdoor Drinking Fountains with Baths
k. Marketing Trends
l. Distribution Trends
m. Pricing Trends (Product Pricing Analysis $500-$2,000, $2,000-$5,000, $5,000-$10,000, $10,000-$16,000), 2021
X. Competitive Landscape
XI. Market Data
a. Revenue Forecast, Outdoor Drinking Fountains, 2021-2028
b. Market Share by Countries, by Revenue, 2021
c. Market Share by Manufacturers, by Revenue, 2021
d. Market Share by Product Type, by Revenue, 2021.
e. Market Share by Material, by Revenue, 2021
f. Market Share by Installation Technology, by Revenues, (Wall Mounted vs. Free Standing) 2021
Mr. Market share of End User Applications, by Revenues, (Parks & Recreation vs. Educational Institutes vs. Dog Parks vs. others) 2021
h. Market Share by Replacement vs. New Construction by Revenues, 2021
i. Market Share by Filtered vs Unfiltered Drinking Fountains, by Revenue, 2021
J. Market Share by Refrigerated vs Non-refrigerated, by Revenue, 2021
k. Market Share by Distribution Channels, by Revenue, (Plumbing/HVACR Distributors vs. Online vs. Catalog vs. Direct Sales) 2021
For more information about this report visit https://www.researchandmarkets.com/r/vghb1y
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