According to the latest report by IMARC Group, titled, “Bottled Water Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global bottled water market reached a value of US$ 220.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 339.5 Billion by 2027, exhibiting a CAGR of 7.4% during 2022-2027.
Bottled water serves a steady taste, improved purity, and better quality in comparison to tap water. The bottles are usually treated with ultraviolet (UV) irradiation before packaging to prevent the growth of pathogens during storage and transportation. After the disinfection process, the bottles are filled with water, labeled, and sold in different sizes.
Market Trends
The increasing consumer health consciousness, along with the high prevalence of water-borne diseases due to unsafe drinking water, is primarily augmenting the demand for bottled water. Furthermore, the rapid product premiumization on account of rising disposable income levels is also bolstering the market growth.
The expanding HoReCa sector is further driving the adoption of premium bottled water on a global level. Additionally, the increasing participation of the masses in outdoor games and activities is promoting the utilization of compact water bottles. Besides this, the installation of smart vending machines for bottled water across numerous countries is positively influencing the market growth. Moreover, the introduction of lightweight and eco-friendly packaging solutions for bottled water will continue to drive the global market in the coming years.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The report has segmented the market on the basis of Product Type, Distribution Channel, Packaging Type and Region.
Market Breakup by Product Type:
- Still
- Carbonated
- Flavored
- Mineral
Market Breakup by Distribution Channel:
- Supermarkets/Hypermarkets
- Convenience Stores
- Direct Sales
- On-Trade
- Others
Market Breakup by Packaging Type:
- PET Bottles
- Metal Cans
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Bisleri International Pvt. Ltd.
- Danone S.A.
- Gerolsteiner Brunnen GmbH & Co. KG
- Nestle S.A.
- Nongfu Spring (Yangshengtang Co. Ltd.)
- Otsuka Pharmaceutical Co. Ltd.
- PepsiCo Inc.
- Primo Water Corporation
- Tata Consumer Products Limited
- The Coca-Cola Company.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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