The bottled water market was valued at USD 283.6 billion in 2021 and is expected to reach the value of USD 476.45 billion by 2029, at a CAGR of 6.7% during the forecast period of 2022-2029.
Market Analysis and Size
The rise in healthcare awareness about waterborne diseases such as malaria, typhoid, diarrhea, food poisoning, and others is driving the market. Furthermore, bottled water is more portable and convenient, supporting market growth.
Data Bridge Market Research analyses that the bottled water market was valued at USD 283.6 billion in 2021 and is expected to reach the value of USD 476.45 billion by 2029, at a CAGR of 6.7% during the forecast period of 2022-2029.
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What restraints the growth of the global bottled water market?
“Increasing environmental pollution caused by plastic bottles restrain the market growth”
The bottled water market faces a restraint due to the increasing environmental pollution caused by plastic bottles. The widespread use of single-use plastic bottles has led to a significant accumulation of plastic waste, resulting in environmental pollution and harm to ecosystems. This has raised concerns among consumers and regulatory bodies regarding the sustainability and environmental impact of bottled water. As a result, there is a growing demand for alternative packaging solutions and a shift towards more sustainable options such as reusable water bottles and filtered tap water. The industry is actively seeking solutions to mitigate the environmental impact and promote eco-friendly practices to address this restraint.
Market Definition
Bottled water is intended for human consumption and is obtained from a variety of sources, including wells, protected springs, or a public water supply. When compared to regular water, it has a high concentration of dissolved minerals or total dissolved solids (TDS). Before packaging, the bottles are typically treated with ultraviolet (UV) irradiation, which inhibits the growth of pathogenic organisms during storage or transportation. Following disinfection, these bottles are filled with water, labelled, and sold in a variety of sizes ranging from single-serve to large carboys for water coolers.
Global Bottled Water Market Scope
The bottled water market is segmented on the basis of type, category and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
· Type
· Purified Water
· Mineral Water
· Sparkling/Carbonated Water
· Category
· Plain
· Flavoured
· Distribution channel
· Store based
· Non store based
Bottled Water Market Regional Analysis/Insights
· The bottled water market is analysed and market size insights and trends are provided by country, of type, category and distribution channel as referenced above.
· The countries covered in the bottled water market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Denmark, Sweden, Poland, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Japan, Thailand, Indonesia, New Zealand, Vietnam, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., and rest of the Middle East and Africa, Brazil, Argentina & rest of South America.
Competitive Landscape and Bottled Water Market Share Analysis
The bottled water market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to bottled water market.
Some of the major players operating in the bottled water market are:
· PepsiCo (US)
· Nestlé, A.G. (Switzerland)
· The Coca-Cola Company. (US)
· CG Roxane, LLC (US)
· Tempo Beverage Ltd (Israel)
· Keurig Dr Pepper Inc. (US)
· Dr Pepper/Seven Up, Inc (US)
· Ferrarelle (Italy)
· SANPELLEGRINO (Italy)
· Reignwood Investments UK Ltd (UK)
· LaCroix Beverages, Inc. (US)
· GEROLSTEINER BRUNNEN GMBH & CO. KG (Germany)
· Mountain Valley Spring Water (US)
Segmentation: Global Bottled Water Market
Global bottled water market is segmented on the basis of product type, distribution channel and geography. By Product Type (Still Water, Sparkling Water, Functional Water), Distribution Channel (Convenience Stores, Home & Office Delivery, Supermarkets/Hypermarkets, On-Trade, Others) and Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa) FACTORS DRIVING GROWTH IN BOTTLED WATER MARKET Innovative products launch and strategy adopted by various competitors
In March 2017, Nestlé Waters collaborated with Danone and Origin Materials to develop PET plastic bottles, which were made from 100% renewable and sustainable resources.
In November 2017, The Coca-Cola Company launched its bottled water brand Kinley in Nepal in order to gain domestic market share.
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MAJOR TOC OF THE REPORT
Ø Chapter One: Introduction
Ø Chapter Two: Market Segmentation
Ø Chapter Three: Market Overview
Ø Chapter Four: Executive Summary
Ø Chapter Five: Premium Insights
Ø Chapter Six: Bottled Water Market
Get TOC Details:
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