Purified water finds a spectrum of applications, offering versatility. Its primary feature is rigorous filtration, removing contaminants and impurities, and ensuring high-quality hydration. It serves as a foundation for various beverages, enhancing flavors without altering taste. Purified water is a staple for cooking, preserving natural flavors in recipes. In industries, it's a critical ingredient for pharmaceuticals and cosmetics. Moreover, its consumption promotes well-being, aids digestion, and supports overall health, making it an essential choice for hydration and various daily activities.
According to Data Bridge Market Research, the Global Purified Water Market accounted for USD 128,008.17 million in 2021 and is expected to reach USD 2,32,410.43 million by 2029. The market is expected to grow with a CAGR of 6.50% in the forecast period of 2022 to 2029.
“Increasing consumer preference for nutrient-fortified water boosts the market’s growth”
The purified water market experiences growth driven by the increasing consumer preference for nutrient-fortified water. As health-conscious individuals seek functional beverages, the demand for purified water infused with vitamins, minerals, and electrolytes surges. This trend aligns with evolving lifestyle choices, driving innovation in the purified water sector. The combination of hydration and essential nutrients propels market expansion, offering consumers a convenient and health-enhancing choice in the beverage landscape.
What restraints the growth of the global purified water market?
“Purified water is not cost-effective restraints the market’s growth”
The growth of the purified water market is hindered by the perception that purified water is not cost-effective. Consumers may perceive the price of purified water to be higher compared to other available alternatives. This perception can deter potential buyers from choosing purified water regularly, impacting market growth.
Segmentation: Global Purified Water Market
The global purified water market is segmented on the basis of category, product, quality, origin of product, raw material, pack size, distribution channel, and end user packaging.
- On the basis of category, the purified water market is segmented into plain and flavored.
- On the basis of product, the purified water market is segmented into still bottle water, packaged drinking water, functional water bottle, flavored bottled water, distilled bottled water, and carbonated bottle water.
- On the basis of quality, the purified water market is segmented into premium and non-premium.
- On the basis of origin of product, the purified water market is segmented into imported and domestic.
- On the basis of raw material, the purified water market is segmented into polyethylene terephthalate (PET) and glass.
- On the basis of pack size, the purified water market is segmented into 1501 ml and above , 1001 ml - 1500 ml, 501 ml - 1000 ml, 331 ml - 500ml and 330 ml.
- On the basis of distribution channel, the purified water market is segmented into store-based and non-store-based.
- On the basis of end user packaging, the purified water market is segmented into plastic bottle, glass bottle, drum (bulk), and can.
Regional Insights: Europe dominates the Global Purified Water Market
Europe dominates the purified water market due to the increasing population of health-conscious consumers in the region. Additionally, the expanding consumption of bottled beverages contributes to the market's acceleration. This dual trend underscores the demand for purified water as a healthful and convenient choice, fostering its robust expansion.
Asia-Pacific is expected to show a significant amount of growth due to a burgeoning population base. Furthermore, the increasing occurrence of health issues and diseases resulting from contaminated water consumption is expected to drive market expansion. The heightened concern for safe water sources underscores the demand for purified water, fostering its growth.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-purified-water-market
The Prominent Key Players Operating in the Global Purified Water Market Include:
- Nestlé (Switzerland)
- PepsiCo, Inc. (U.S.)
- The Coca-Cola Company (U.S.)
- Primo Water Corporation (U.S.)
- DANONE (France)
- FIJI Water Company LLC (U.S.)
- GEROLSTEINER BRUNNEN GMBH & CO. KG (Germany)
- VOSS WATER (Norway)
- RHODIUS Mineralquellen und Getränke GmbH & Co. KG (Germany)
- CG Roxane, LLC (U.S.)
- Vichy Catalan Corporation (Spain)
- Himalayan Mountain Valley Spring Water (India)
- A.G. Barr (U.K.)
- Bisleri International Pvt. Ltd. (India)
- SANPELLEGRINO (Italy)
- LaCroix Beverages, Inc. (U.S.)
- SUNTORY HOLDINGS LIMITED (Japan)
- Ferrarelle (Italy)
- Keurig Dr Pepper Inc. (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of global purified water market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Purified Water Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
