With the continuous improvement of people's pursuit of health and quality, the drinking water equipment industry has developed rapidly in recent years. According to statistics, the market size of drinking water equipment in 2023 has reached 19.9 billion (AVC monitoring data shows), showing a growing trend.
The growth of the drinking water equipment market is mainly due to the following factors: first, with the acceleration of urbanization and the improvement of residents' living standards, more and more people have begun to pay attention to the quality and safety of drinking water, thereby increasing the market demand for drinking water equipment, with the continuous progress of technology, the quality and function of drinking water equipment are also constantly improving, to meet the needs of consumers for high-quality, high-performance products. With the rise of Internet e-commerce, the sales channels of drinking water equipment are also expanding, providing a new impetus for the growth of the market, according to the data, the sales transaction in 2023 is 19.9 billion.
In the drinking water equipment market, various types of equipment have their unique application scenarios and advantages, the automatic filtration system of water dispenser can effectively remove impurities and harmful substances in the water to ensure the safety and health of drinking water, and the water dispenser can provide hot and cold water conveniently and quickly to meet people's daily drinking water needs;
It is estimated that by 2027, the scale of China's commercial water purifier market will further grow to 21.40 billion yuan, with a compound annual growth rate of 15.7% compared with 2023, the sales scale of new machines will reach 19.79 billion yuan, and the after-sales service market will reach 1.61 billion yuan. At present, commercial water purifiers have become a subdivision of the water purifier industry with great development potential.
However, the competition in the drinking water equipment market is also becoming increasingly fierce, enterprises need to continue to innovate, improve product quality and service levels, in order to be invincible in the fierce market competition, enterprises also need to pay attention to consumer needs and feedback, and actively solve the problems encountered by consumers in the process of use, and enhance consumers' trust and loyalty to the brand.