Europe Bottled Water Market

Europe Bottled Water Market Growth and Forecast (2022 - 2027):

The Europe Bottled Water Market was worth the US $ xx million in 2020, and it is estimated that it will reach a valuation of US $ xx million by the end of 2025 with an annual compound rate of xx% between 2021 and 2026.

Market Overview:

Bottled water is a type of drinking water that is generally served at one time using PET bottles or glass bottle containers. Available in different types of containers and water retention capacities from 100 ml to 10 liters. Bottled water packaging is designed according to the needs of the end-user. Different types of bottled water can be used, such as bottled water, sparkling water, fluoridated water, spring water, etc. Water purification is accomplished through multiple-barrier sources, which may include source protection, source monitoring, reverse osmosis, ultraviolet distillation, Micron filtration, light, and ozonation. Purified water shines by adding or enhancing the aroma or by injecting carbon dioxide. Bottled water is the most convenient way to meet your hydration needs. Some mineral water is called sparkling water, like carbonated water. In this water, there is an "effervescence" that is generally produced by carbon dioxide gas. Water with no added carbonic acid is still water. With increasing urbanization and economic stability around the world, the bottled water market is expected to lead in the future.

Europe Bottled Water Market Growth:

The increasing number of health-conscious consumers and the increasing incidence of diseases due to the consumption of contaminated water are having a direct impact on the growth of the Europe Bottled Water market.

Drivers:

As health awareness of the importance of drinking pure water increases, people are becoming more and more interested in bottled water. The availability of sparkling and flavored bottled water is another factor driving the growth of the Europe Bottled Water market. The increase in health problems mainly due to the consumption of contaminated water from tap water is a key factor in driving demand in the Europe Bottled Water market. In particular, the lack of safe drinking water available to the population of countries and concerns about contaminated urban tap water are propositions that support the rapid expansion of the Europe Bottled Water market. Additionally, higher sparkling water growth is expected to have a major impact on the Europe Bottled Water market due to better health benefits and added nutrients. In addition, the demand for bottled water from the soft drink industry is expected to revitalize the Europe Bottled Water market. At the same time, growing awareness of the benefits of bottled water and a growing preference for an active lifestyle are expected to create unexplored opportunities in the Europe Bottled Water market. Increasing demand driven by population growth and inefficient water supply management in certain residential areas is driving the Europe Bottled Water market. The ease of handling and portability of the bottle is another factor driving the market. The growing concern of consumers about the consumption of contaminated tap water is also one of the main contributors to the European Bottled Water market. The European bottled water market has expanded with increased sales in the carbonated water and purified water categories, both in commercial and commercial channels. Rising per capita spending and rapid urbanization are important factors to increase market growth, increase consumer awareness of the health benefits of bottled water consumption, increase consumer awareness of health benefits Preference for bottled water and increased contamination from drinking-induced diseases, increasing health-conscious consumers, increasing demand as the population grows, and ineffective management of the water supply in certain residential areas are the main factors driving the Europe Bottled Water market boom. Furthermore, the increasing R&D activity and the modernization of the new products offered in the market will create new opportunities for the Europe Bottled Water market in the forecast period 2022 - 2027. The growing trend towards a healthy lifestyle and the widespread use of bottled water in activities such as hiking and other sports activities are the main factors behind the high demand for Europe Bottled Water in the market. Furthermore, high investments driven by the potential demand and new start-ups in the bottled water sector are key factors driving the Europe Bottled Water market growth. Lifestyle changes and rising disposable income are also driving the Europe Bottled Water market growth. A major factor driving the growth of the Europe Bottled Water market is the growing demand for potable water among consumers as awareness of contaminated waterborne diseases, such as cholera and typhoid fever, increases. Also, the retail sector is growing, and bottled water is readily available is driving the growth of the Europe Bottled Water market. Increasing awareness of personal health care about waterborne diseases such as typhoid, malaria, food poisoning, diarrhea, etc., is expected to continue to be a major factor driving market demand for the Europe Bottled Water market. Increased consumer awareness of consuming healthy alternatives like scented water instead of carbonated soft drinks is also a reason for the shift in consumer preferences, increasing demand for Europe Bottled Water by-products.

Restraints:

Large amounts of plastic bottle waste that do not break down naturally can act as a factor impeding future Europe Bottled Water market growth. Increased environmental pollution through PET bottles and increased lack of awareness of health issues through inexpensive tap water are major factors playing a pharmaceutical role, among others, and will further challenge the Europe Bottled Water market during the forecast period.

Europe Bottled Water Market Segmentation Analysis:

By type, the Europe Bottled Water market is segmented into carbonated water, flavored water, purified water, and functional water. The demand for functional water is expected to expand in the forecast period as the recent rise in popularity among the millennial population and the working class. Functional water is pure water with added ingredients like herbs and vitamins.

On the basis of packaging, the Europe Bottled Water market is segmented into glass bottles, PET bottles, and others. PET bottles are the most widely used type of packaging in the European Bottled Water industry.

On the basis of distribution channels, the Europe Bottled Water market is segmented into convenience stores/pharmacies, grocery stores, supermarkets, and others. Convenience stores will make more contributions than other sectors, as consumers will have access to bottled water at their closest store.

Regional Analysis:

Europe is the third-largest region in terms of the growth of the bottled water market, where there is a growing preference for sugar-based beverages over bottled water. Germany, France, the United Kingdom, and Spain are the main bottled water markets in Europe. The rapid primacy and growth of fortified and flavored water are driving the UK bottled water market. The presence of many manufacturers in Spain is a factor that drives the growth of the Spain Bottled Water market. The trend towards a healthy lifestyle is contributing to the growth of the Germany Bottled Water market. Changes in water consumption habits and the introduction of innovative products such as scented water are expected to support the growth of the France Bottled Water market.

Key Players in the Market:

Key players in the Europe Bottled Water Market are

Nestle Waters, PepsiCo Inc., Icelandic Water Holdings ehf, Groupe Danone, Mountain Valley Spring Company, LLC, The Coca-Cola Company, Sunny Delight Beverages Company, Hangzhou Wahaha Group Co., Ltd., And Balance Water Company.