North America Bottled Water Market Growth, Share, Size, and Demand Analysis

Posted by Shiva on October 21st, 2019

North America Bottled Water Market Overview:

North America Bottled Water Market was worth USD 70.10 billion in 2019 and is expected to attain USD 104.40 billion by 2024, at a CAGR of 8.4% throughout the forecast period 2019 - 2024. Bottled water is a packaged drinking water that does not contain any impurities or contaminants. This kind of packaged water is the most suitable way for the human body to fulfil its hydration requirements as they are readily accessible in regular retail stores and supermarkets. 

North America Bottled Water Market drivers and restraints:

The global market is supported by the rise in healthcare awareness about waterborne diseases like malaria, typhoid, diarrhea, food poisoning, and others. Bottled water is more portable and convenient, which is further propelling market growth. In addition to that, tap water is available at a lower cost that also poses a restraint to market expansion. Apart from raising awareness levels for a higher intake of water among prosperous parts of the globe, the bottled water market also stands to gain impetus from escalating 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 expansion 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 of North America Bottled Water Market:

On the basis of geography, the market is analysed under various regions namely U.S.A and Canada. The Bottled Water market was dominated by North America.

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Leading players involved in the North America Bottled Water Market:

Major players operating in bottled water industry are 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.

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Shiva

About the Author

Shiva
Joined: June 11th, 2019
Articles Posted: 88

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