Bottled water market is expected to grow at a CAGR of 6% by 2031. Presently, bottled water is generally considered as one of the largest beverage category both in terms of volume and value all across the globe. The market for bottled water has gained traction in the past few years due to rising demand for safer and healthy beverages worldwide.
Increasing per capita consumption coupled with awareness related to the consumption of safe water is anticipated to escalate the bottled water growth over the forecast period.
At present, Asia Pacific region captured the maximum share in revenue of the bottled water market and is anticipated to dominate over the forecast period. Increasing demand for bottled water from China, India, and Indonesia is anticipated to foster the growth of bottled water in Asia Pacific region over the forecast period. Besides this, rising focus of major manufacturers of bottled water and escalation in number of manufacturing plants is likely to foster the growth of bottled water in North America and Latin America region in future.
The global bottled water market is mainly concentrated in Asia Pacific. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
Key Players Identified Across the Value Chain in the Bottled Water Market include but are not limited to:
Groupe Danone, PepsiCo Inc., Mountain Valley Spring Company LLC, Grupo Vichy Catalan, The Coca Cola Company, Suntori Beverages and Food Ltd, Nestle Waters, HANGZHOU WAHAHA GROUP CO., LTD., Icelandic Glacial Inc., Niagara Bottling, LLC, Nongfu Spring, Norland International, VOSS of Norway AS, and Others Notable Players.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Bottled Water market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report