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Bottled Water Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2030

Bottled Water Market Size, Share & Trends Analysis - Global...

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Bottled Water Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2030
Bottled Water Market Size, Share...
Report Code
RO13/107/2065

Publish Date
28/Jun/2022

Pages
210
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The global bottled water market size was US$ 231.1 billion in 2021. The global bottled water market is forecast to grow to US$ 848.1 billion by 2030 by registering a compound annual growth rate (CAGR) of 9.1% during the forecast period from 2022 to 2030. 
Bottled water is filtered and contamination-free drinking water that has been packaged. The bottled water is generally sold in plastic and glass water bottles and is readily available in local supermarkets and grocery stores.

Factors Influencing the Market
The easy availability of bottled water at retail stores, local supermarkets, and grocery stores will fuel the growth of the bottled water market during the forecast period. 
The fact that bottled water is a handy form of water and is available in a wide range of sizes and convenient containers will benefit the market during the forecast period. In addition, changing lifestyle patterns and the unavailability of pure water will also contribute to the growth of the bottled water market during the forecast period. 
Rising demand for alkaline water, electrolyte-rich, fortified water will also accelerate the growth of the bottled water market during the study period. 
The growing employment rate and millennial populations will drive the demand for bottled water during the study period. Plain and flavoured types of still and sparkling water are also gaining traction. As a result, it will benefit the bottled water market in the coming years.

COVID-19 Impact Analysis
The bottled water sector faced logistical hurdles as a result of the extensive limitations enacted by governments around the world to combat COVID-19 pandemic. According to the International Bottled Water Association (IBWA), bottled water businesses boosted their production capacities in 2020 as the demand for them increased. The market witnessed a sudden increase in the demand for nutrient-fortified water. In addition to that, alkaline, electrolyte-rich, fortified, and other labels became popular, which escalated the growth of the bottled water market.

Regional Analysis
The Asia-Pacific bottled water market is forecast to record the highest growth rate. The growth of the regional market is attributed to the growing preference for bottled water as a result of the rising health issues caused by contaminated water. In addition, the rising population of the region and the unavailability of pure water is driving the demand for bottled water in the region. 
Changing water consumption habits, combined with the rising number of supermarkets, retail sectors, etc., will also drive the bottled water market forward during the study period.

Competitors in the Market
• Nestlé
• PepsiCo
• The Coca-Cola Company
• DANONE
• Primo Water Corporation
• FIJI Water Company LLC.
• Gerolsteiner Brunnen GmbH & Co. KG
• VOSS WATER
• Nongfu Spring
• Rhodius Mineralquellen Und Getranke GmbH & Co KG
• Other Prominent Players

Market Segmentation
The global bottled water market segmentation focuses on Product, Distribution Channel, and Region. 
By Product Type:
• Spring
• Purified
• Mineral
• Sparkling
• Distilled
• Others
By Distribution Channel:
• Offline
• Online
By Region
● North America
o The U.S.
o Canada
o Mexico
● Europe
▪ Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
▪ Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America
 

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