- High demand for bottled water is being driven by growing health awareness and concern among travellers.
- Insufficient infrastructure of well-developed public water and inaccessibility to clean & safe drinking water has increased the demand for bottled water.
- The Asia Pacific region has the major market share of bottled water.
Global Bottled Water Market is projected to grow at the CAGR of 6%. Growing health awareness and number of hygiene related issues and increasing number of people traveling across the globe are the key drivers of this market. Increase in incidence of number of diseases such as diabetes and obesity has led to consumers to switch from carbonated drinks to zero-calorie or ultra-low calorie beverages. Consumers are aware of negative effect of sugar added beverages and carbonated drinks, so now they prefer to hydrate themselves by opting for drinking various flavored water, fortified water etc. Insufficient infrastructure of well-developed public water and inaccessibility to clean & safe drinking water has increased the demand for bottled water.
Leading Key Players:
This report includes a study of strategies such as mergers and acquisitions, product launches by the major bottled water market players. It further includes product portfolios, developments of leading major players which includes
- Nestle Waters (France)
- Groupe Danone (France)
- PepsiCo Inc (U.S.)
- The Coca Cola Company (U.S.)
- Mountain Valley Spring Company, LLC. (U.S.)
- Suntori Beverage & Food Ltd (Japan)
- Grupo Vichy Catalan (Spain)
Global bottled water market is moderately concentrated in Europe whereas in APAC it is highly concentrated. Bottled water manufacturers are focusing on expanding their product line by providing large variety of flavors and attractive packaging
The global bottled water market is segmented on the basis of by type, packaging, process type, application and region
The global bottled water market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these APAC region has the major market share. Bottled water is largely consumed in countries like India and China. China, U.S., Belgium and Germany are the major importers of bottled water in the world. Emerging markets like India and China have been considered as potential markets for bottled water due to growing demand for bottled water.