Bottled Water Products Market Opportunities, Business Forecast To 2028
The global bottled water products market size was valued at USD 211.9 Bn in the year 2021, witnessing a CAGR rate of 10.9% during the forecast period 2021-2028. Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “Bottled Water Products Market: by Product Type (Still water, Flavored water, Carbonated water, Functional water, and Others), By Packaging (Glass Bottle, PET Bottle, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Online Stores, Grocery Stores, Drug Stores, Others), and - Global/Region/Country Forecast to 2028.”.”
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Growing disposable
income is fuelling the Bottled Water Products Market
Bottled water is packaged water, which might be
mineral water, distilled water and spring water. The packaging comes in
different sizes like single-serving bottles to carboys, which are bigger in
size. Packaging comes as either glass water bottles or PET bottles. The water
is either carbonated or non-carbonated. Carbonated water is called as fizzy
water is almost related to soda water in which carbon dioxide gas is dissolved
under pressure.
One of the major factors fuelling the bottled water products market growth is the growing health awareness amid population. Changing lifestyle is compelling to approach for the mineral rich drinking water which is likely to augment the bottled water market growth. The launch of novel products into the market with added advantages including mineral rich drinking water, flavored water and vitamin rich drinking water is fascinating the huge number of the people towards the bottled water. A few more factors that are boosting the market growth are growing disposable income and handling of bottled water. On the other hand, the strict government rules in case of packaging are likely to hamper the bottled water products market growth. Use of plastic bottles causes pollution, which is hampering the bottle water products market growth
Asia
Pacific accounted for major share in the Bottled Water Products Market
On the basis of geographical analysis,
global bottled water products market is categorized into major regions such as
Latin America, North America, Middle East, Africa, Europe and Asia Pacific.
Among all these regions, Asia Pacific is leading the global bottled water
products market due to the growing population size. Growing consciousness amid
people regarding the impact of the high sugar content in the beverages is
compelling to choose the bottled water product which is augmenting the market
growth in this region. Vendors or the manufacturers are introducing novel
products in different sizes. North America and Europe are the regions follow
the Asia Pacific and fuelling the market growth. North America bottle water
products market is the saturated market with a stable demand.
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Competitive
Analysis – Bottled Water Products Market
Major players operating in the Bottled Water
Products Market are PepsiCo, Inc. (U.S), Coca-Cola
Company (U.S), Nestle
Waters (France), CG Roxane,
LLC (U.S), Fonti Di
Vinadio S.P.A. (Italy) and Ajegroup
SA (Peru). Key players in the market believe in following key strategies
including major collaborations, acquisitions and novel product launches.
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