Share on

Bottled Water Market Analysis By Product Type ( Still Water, Carbonated Water, Flavoured Water And Functional Water), By Packaging ( PET Bottles, Glass Bottles And Others) , By Distribution Channel ( Supermarket, Convenience/drug Stores, Grocery Stores And Others) And By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Size, Share, Trends, Demand, Growth and Competitive Analysis Forecast Research Report 2022 to 2027

Published: January, 2022
ID: 6809
Pages: 175
Formats: report pdf report excel report power bi report ppt

Bottled Water Market Value, Size, Growth (2022-2027)

The Global Bottled Water Market size was worth US$ 283.01 billion in 2021 and is predicted to have the US$ 510.3 billion by 2027 and register a CAGR of 5.5% during 2022-2027.

Bottled Water Market

Bottled Water Market Scenario

Water that is packed and either carbonated or not is referred to as bottled water. The need for clean and hygienic packaged solutions is rising as awareness of numerous health issues, such as gastrointestinal disorders brought on by drinking contaminated water, grows. Drinking water shortages in some areas further raise the need for clean drinking water, which drives up product sales and boosts the global bottled water market expansion. The demand among business travelers, professionals who are in the workforce, and for domestic consumption has been rising

Bottled Water Market Report Coverage:

REPORT METRIC

DETAILS

Market Size Available

2021 to 2026

Base Year

2021

Forecast Period

2022 to 2027

CAGR

5.5%

Fastest Growing Market

Asia Pacific Bottled Water Market

Largest Market

North America Bottled Water Market

Segments Analysed

By Product Type, By Packaging, and By Distributional Channels

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Analysed

North America, Europe, Asia Pacific, Latin America, Middle East, and Africa

Bottled Water Market Drivers

The global market for bottled water is primarily driven by the lack of drinking water in some regions of the world. Drinking contaminated water increases your risk of developing gastrointestinal issues, reproductive issues, and neurological abnormalities, among other health issues. Worldwide demand for bottled water is being driven by the population's growing knowledge of the negative effects of tainted water. The quick expansion of the bottled water industry across the global markets has been largely attributed to the simple accessibility of bottled water in a variety of retail settings, including grocery, supermarkets, and convenience stores.

In addition, the introduction and accessibility of many kinds of bottled water products, including mineral water, sparkling water, and distilled water, have gained popularity in recent decades, supporting the global bottled water market expansion. The demand for bottled water among health-conscious customers has been spurred by the expanding urban population, rising disposable income, increased consumer health consciousness, and greater knowledge of waterborne diseases. Additionally, producers are increasingly switching to PET and plant-based water bottles to achieve sustainability due to growing worries about the plastic waste produced by the bottled water business. In developed economies like Europe and North America, the demand for bottled water is anticipated to increase as a result of these eco-friendly bottles. In the near future, the global bottled water market expansion is anticipated to be significantly aided by creative packaging. The use of environmentally friendly materials in the manufacture of bottles greatly aids in fostering a favorable brand perception among consumers. Another strategy used by producers to distinguish their bottled water goods and cater to more affluent consumers is premiumization. The premium brands' exceptional quality and exclusivity are emphasized by the makers. Therefore, premiumization is crucial in helping manufacturers generate large profits.

Bottled Water Market Restraints

Due to the high energy requirements for water extraction, processing, and bottling, the manufacturers of bottled water are coming under growing pressure from environmentalists for their manufacturing practices. The environmental degradation brought on by improper plastic bottle disposal adds another layer to this issue, and it will likely limit the future growth of the global bottled water market.

Recent Developments in the Global Bottled Water Market

  • Agthia Group introduced a plant-based bottle in February 2020 as a step toward developing a sustainable and environmentally friendly bottle solution.

Bottled Water Market Segmentation

By Product:

•Spring Water

•Purified Water

•Mineral Water

•Sparkling Water

More than 40.0% of the total revenue in 2021 came from the purified segment, and it is anticipated that this segment would continue to lead during the projected period. Due to the fact that contaminants in running water are typically the source of diseases including dysentery, diarrhea, and typhoid, consumers are looking for water-saving measures, and businesses are tackling the same problems. The sparkling market is anticipated to increase at the fastest pace, 7.4%, between 2022 and 2027. Customers' growing preference for sparkling beverages as a healthier alternative to sugary beverages like cola to reduce sugar content levels is driving the industry. The body's elevated sugar levels cause type 2 diabetes, obesity, and other related health issues.

By Distribution channel:

• Off-trade

•On-trade

In 2021, the off-trade segment's revenue share was greater than 85%. All retail establishments, including traditional stores, micro markets, convenience stores, supermarkets, and hypermarkets, are included in this section. The simplicity of choosing the needed brand of bottled water with a specific combination of minerals more rapidly will drive market expansion throughout the forecast period. The following stores carry a variety of brands, including Aquafina, Dasani, Nestlé, and Danone.

The fastest CAGR is expected to occur in the on-trade channel from 2022 to 2027, at 7.7%. Restaurants, cafes, clubs, motels, and lounges are just a few of the establishments in this area.

Growing health and hygiene concerns, together with an increase in COVID-19 instances, have pushed customers to choose packaged water over more conventional options in these establishments. Additionally, it is anticipated that the opening of nightclubs, bars, and outdoor activities at resorts and hotels will increase bottled drinking water consumption through this channel.

Bottled Water Market Regional Analysis

The Global Bottled Water Market Report includes the segmentation of Regions:

  • Asia Pacific

  • North America

  • Middle East

  • Latin America

  • Europe

The Asia Pacific region has the highest revenue share is also predicted to grow at the fastest rate between 2022 and 2027. One of the main factors promoting the market expansion is the rising awareness of the value of health and wellness in nations like China, India, Malaysia, and Indonesia. This is because there is a higher need for sanitary consumables. The demand for bottled options is rising along with the knowledge of the value of hygienic beverage options, opening up new opportunities for market expansion in the area.

The rising popularity of healthy living, intense exercise, and other physical and outdoor pursuits are further factors contributing to the strong demand for bottled water. The majority of Americans prefer packaged water to water directly from the faucet because they believe it to be safer and more practical. Additionally, the growing consumer demand for environmentally friendly and sustainable packaging options is anticipated to present both established manufacturers and fresh competitors with profitable business opportunities.

Bottled Water Market Key Players

  1. Nestlé

  2.  PepsiCo

  3.  The Coca-Cola Company

  4. DANONE

  5. Primo Water Corporation

  6. FIJI Water Company LLC

  7. Gerolsteiner Brunnen GmbH & Co. KG

  8. VOSS WATER

  9. Nongfu Spring

  10. National Beverage Corp.

Please wait. . . . Your request is being processed

FAQ's

What can be the total Bottled Water Market value?

The Global Bottled Water Market size was worth US$ 283.01 billion in 2021 and is predicted to have the US$ 510.3 billion by 2027 and register a CAGR of 5.5% during 2022-2027.

Mention the region which has the largest share in the Bottled Water Market?

Asia Pacific region is expected have the largest market share of the global Bottled Water Market

Name any three Bottled Water Market key players?

FIJI Water Company LLC, Gerolsteiner Brunnen GmbH & Co. KG and VOSS WATER are the global Bottled Water Market key players

What is the major effecting factor in the global Bottled Water Market?

Due to the high energy requirements for water extraction, processing, and bottling, the manufacturers of bottled water are coming under growing pressure from environmentalists for their manufacturing practices. The environmental degradation brought on by improper plastic bottle disposal adds another layer to this issue, and it will likely limit future growth of the global bottled water market.

Mention the latest driver in the global Bottled Water Market?

The global market for bottled water is primarily driven by the lack of drinking water in some regions of the world.

Related Reports

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: sales@marketdataforecast.com

Click for Request Sample