Boiling Water Tap Industry Research:the global market for Boiling Water Tap was valued at US$ 1,328.14 million in the year 2023 and is projected to reach a revised size of US$ 2,038.92 million by 2030
A boiling water tap, also known as a hot water tap or instant hot water dispenser, is a specialized fixture that provides immediate access to boiling water. Unlike traditional kettles or stovetop heating methods, boiling water taps are directly plumbed into the water supply and have a heating element or boiler system built into the tap itself. When activated, the tap delivers boiling water instantaneously, eliminating the need to wait for water to boil on a separate appliance. Boiling water taps are designed for convenience and efficiency, allowing users to quickly and easily obtain hot water for various purposes, such as making tea, coffee, or cooking. They are often equipped with safety features, such as child locks or insulated spouts, to prevent accidental scalding. Boiling water taps can be installed in residential kitchens, offices, or commercial environments, providing a practical solution for instant hot water needs while saving time and energy compared to traditional methods of heating water.
Boiling water taps have become popular in modern kitchens, particularly in Europe and North America, for their convenience, energy efficiency and advanced safety features. These taps provide instant hot water for cooking, beverages and other tasks, and are increasingly integrated with smart home systems for enhanced control and energy management.
According to the new market research report "Boiling Water Tap- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global market for Boiling Water Tap was valued at US$ 1,328.14 million in the year 2023 and is projected to reach a revised size of US$ 2,038.92 million by 2030, growing at a CAGR of 5.78% during the forecast period 2024-2030.
Source: QYResearch, "Boiling Water Tap- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
Source: QYResearch, "Boiling Water Tap- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
This report profiles key players of Boiling Water Tap such as Quooker, Feiyu, GROHE, etc.
In 2023, the global top five Boiling Water Tap players account for 48.55% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Boiling Water Tap.
Boiling Water Faucet Industry Trends
The industry is making a big push to integrate smart technology into boiling water taps. Consumers are increasingly looking for products that can be seamlessly integrated into the smart home ecosystem. Future boiling water taps are expected to offer features such as remote control via mobile apps, voice activation, and automatic temperature adjustment. This trend is in line with the growth of the broader smart home market, where convenience and energy efficiency are crucial.
As environmental issues become more prominent, the boiling water tap industry is focusing on sustainability. Manufacturers are developing products that minimize energy consumption, use environmentally friendly materials, and reduce water waste. Energy-saving heating technologies are becoming the standard, and there is a growing emphasis on creating products that are both environmentally friendly and cost-effective for consumers. The industry is also likely to see an increase in sustainability-related certifications and standards, further driving innovation in the field.
While the boiling water tap market is relatively mature in Europe, North America, and Asia Pacific, there is still huge growth potential in emerging markets, especially the Middle East, Africa, and Latin America. With rising disposable income and growing consumer awareness of the benefits of these products, manufacturers are likely to launch customized products for these regions. Such expansion could also drive the development of more affordable models to meet the needs of a wider range of consumers.
As demand for environmentally friendly and sustainable solutions continues to grow, future trends in boiling water taps are expected to focus on improving energy efficiency, adopting advanced filtration systems and expanding into emerging markets. In addition, there will be a greater emphasis on customization options, safety innovations, and making these products more affordable and suitable for a wider range of consumers. The continued development of boiling water taps reflects a wider trend towards smarter, more sustainable and more user-friendly solutions.
About The Authors
| Bai Lili - Electronics Industry Analyst bailili@qyresearch.com
Focusing on the electronics and communications field for a long time, she has observed, followed up and researched on various links in the industry chain, such as semiconductors, consumer electronics, home appliances, wired communications, wireless communication systems, Internet of Things (IoT) and smart home for a long time. She has rich experience in industry research and has completed many successful cases. |
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About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
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