Bottled Water Market Revenue, Growth, Restraints, Trends, Company Profiles, Analysis & Forecast

Rising concerns over quality and safety of tap water is a major factor driving market revenue growth

The Bottled Water Market has witnessed significant growth over the past few decades, driven by the increasing demand for convenient and portable water solutions, rising health consciousness, and changing consumer preferences. Bottled water refers to packaged drinking water, available in various sizes and types, such as still, sparkling, flavored, and vitamin-enhanced. With concerns over water quality and safety in some regions, bottled water has emerged as a reliable and accessible alternative to tap water. Additionally, the growth of the bottled water market is also fueled by the surge in on-the-go consumption habits, urbanization, and the perception of bottled water as a healthier beverage choice.

Bottled water has become a staple beverage across the globe, catering to diverse consumer needs and preferences. The market offers a wide range of options, from natural spring water and mineral water to purified and alkaline water. Bottled water is typically sold in single-serve PET bottles, larger bottles for household consumption, and bulk containers for commercial and industrial use. The convenience of bottled water, coupled with the growing awareness of the importance of hydration for overall health, has contributed to its popularity in both developed and developing economies.

The global bottled water market size was USD Billion 303.56 in 2022 and is expected to register a revenue CAGR of 7.0% during the forecast period, according to the latest analysis by Emergen Research. One of the primary drivers of the bottled water market's growth is the increasing health consciousness among consumers. With rising concerns over the quality of tap water in certain regions, consumers are turning to bottled water as a safe and reliable source of hydration. Bottled water companies often highlight their water's purity and adherence to quality standards, appealing to health-conscious consumers seeking a trustworthy drinking option.

Furthermore, the surge in on-the-go consumption trends and urbanization has contributed to the demand for bottled water. As lifestyles become busier and people spend more time outside their homes, the convenience of bottled water makes it a popular choice for quick hydration on the move. The portability and accessibility of bottled water, available in various formats like single-serve bottles and water dispensers, align perfectly with modern consumer preferences.

Despite its widespread popularity, the bottled water market faces certain restraints that may impact its growth. One of the main challenges is the environmental impact of plastic bottles. The extensive use of plastic bottles for packaging bottled water has raised concerns about plastic waste and its contribution to pollution, particularly in oceans and landfills. Increasing awareness of environmental issues has led consumers and policymakers to seek more sustainable alternatives to single-use plastic bottles, which may impact the bottled water industry.

Moreover, the perception of tap water as a cost-effective and environmentally friendly option may hinder bottled water consumption in some regions. In areas with access to clean and safe tap water, consumers may opt for tap water over bottled water to reduce costs and minimize plastic waste.

The Global Bottled Water Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Bottled Water industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Bottled Water market along with crucial statistical data about the Bottled Water market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.

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Key companies operating in the Bottled Water market include:

PepsiCo, Nestlé, The Coca-Cola Company, Primo Water Corporation, FIJI Water Company LLC, Gerolsteiner Brunnen GmbH & Co. KG, Voss of Norway, Nongfu Spring, Norland International, Icelandic Glacial

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Bottled Water market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

  • Comprehensive analysis of the competitive scenario and its changing dynamics
  • Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
  • In-depth 8-year analysis of the Global Bottled Water Market
  • Critical understanding of the key market segments
  • Comprehensive analysis of the drivers, restraints, trends, and opportunities
  • Detailed regional analysis and extensive company profiling
  • Extensive assessment of current and emerging trends of the market

For more informative information, please visit us @https://www.emergenresearch.com/industry-report/bottled-water-market

Bottled Water Market Segmentation:

  • Product Type Outlook (Revenue, USD Billion; 2019–2032)

    • Still Water
    • Sparkling Water
    • Flavored Water
    • Mineral Water
    • Others
  • Packaging Type Outlook (Revenue, USD Billion; 2019–2032)

    • PET Bottle
    • Glass Bottle
    • Collapsible Bottle
    • Biodegradable Plastic Bottles
    • Others
  • Distribution Channel Outlook (Revenue, USD Billion; 2019–2032)

    • Supermarkets/Hypermarkets
    • Convenience Stores
    • Online Retail

 

Bottled Water Market Segmentation by Regions:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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