Bottled Water Market Research Future Insights
According to MRFR analysis, the Global Bottled Water Market is expected to register a CAGR of 6.80% from 2022 to 2030and hold a value of over USD 512.5 million by 2030.
The global bottled water market refers to the industry involved in the production, packaging, distribution, and marketing of water that is sold in bottles or other containers for consumption. This market includes a wide range of products, including purified, spring, mineral, and sparkling water, as well as flavored and vitamin-enhanced water. The bottled water market has experienced significant growth in recent years, driven by factors such as increased health consciousness, convenience, and concerns over the safety and quality of tap water in certain regions.
The COVID-19 pandemic had a significant impact on the global bottled water market. On one hand, the demand for bottled water has increased as people have become more concerned about the safety and cleanliness of their drinking water. With more people staying at home and consuming water in larger quantities, the sales of bottled water have surged.
On the other hand, the pandemic has also created challenges for the bottled water industry, particularly in terms of supply chain disruptions and logistical issues. The pandemic has also led to a greater emphasis on sustainability and eco-friendliness in the bottled water industry.
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Regional Analysis
The largest region of the global bottled water market is Asia-Pacific. This region is home to some of the world’s most populous countries, including China and India, where the demand for bottled water has been rapidly growing due to concerns over water quality and safety.
The report projects that the Asia-Pacific region will continue to dominate the market in the coming years, driven by factors such as population growth, urbanization, and increasing disposable income.
Within the Asia-Pacific region, China is the largest market for bottled water, followed by India and Indonesia. These countries are expected to drive the growth of the bottled water market in the region, as more people become health-conscious and demand for safe and convenient drinking water continues to rise.
Market Segmentation
The Global Bottled Water Market has been segmented into type and application.
Based on the type, the market has been segmented into water, carbonated water and functional water.
Based on the application, the market has been segmented into filter bottle washers, blow molder and shrink wrapper.
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Key Players
Some of the key market players are:
CG Roxane LLC
Icelandic Glacial
Vichy Catalan Corporation
Bebidas SA
SUNTORY BEVERAGE & FOOD LIMITED
Mountain Valley Spring Company
The Coca-Cola Company
PepsiCo
Danone
Nestle Waters
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