Bottled Water Market Analysis on Trends and Developments 2019

Posted by Shiva on June 19th, 2019

Bottled Water Market Size and Growth Rate:

Bottled Water Market size was worth USD 169,863 million in 2018 and is estimated to reach USD 319,860 million by 2023, growing at a CAGR of 9.5% throughout the forecast period 2018 - 2023. Bottled water is packaged drinking water which is purified and free from contamination. It is available in plastic and glass water bottles and is the most convenient way for the body to fulfill its hydration needs being readily accessible in nearby retail stores and supermarkets.

Bottled Water Market Drivers and Restraints:

The market is driven by the increase in healthcare awareness about waterborne diseases such as malaria, typhoid, diarrhea, food poisoning, and others. Furthermore, bottled water is more portable and convenient to use as it is handy hence supporting the market growth. In addition to that, tap water is available at a lower price, which also poses a restraint to market growth. Apart from raising awareness levels for a higher intake of water among prosperous parts of the world, the bottled water market also stands to gain impetus from the increasing popularity of carbonated water. On the other hand, the environmental impact of plastic bottles and strict government rules are a few restraints obstructing the bottled water market from attaining a stronger growth rate.

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Report segmented as:

By Type:

  • Still water
  • Carbonated water
  • Flavored water
  • Functional water

By Packaging:

  • Polyethylene Terephthalate (PET) bottles
  • Glass bottles
  • Others

Geographical analysis:

In terms of regional analysis, in 2015, Asia-Pacific led the market, occupying 35.6% share, followed by Europe with 27.1%. Regionally, the market is segmented across North America, Europe, Asia-Pacific, and Latin America and the Middle East and Africa.

Important market players:

Major players operating in bottled water industry include Nestlé Waters, Hangzhou Wahaha Group Co., Ltd., The Coca Cola Company, Danone, PepsiCo Inc., Natural Waters of Viti Ltd., Icelandic Glacial Inc., Mountain Valley Spring Company, and Dasan, Niagra Bottling, Apollinaris, Aquapura, Lithia, Nestle Waters North America, Persa, Mai Dubai, Malvern Water, Eden Springs Ltd., and Norland International Inc.

The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence, and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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Joined: June 11th, 2019
Articles Posted: 88

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