The Global Spring Water Market is expected to reach a value of USD 97,862.39 million by 2028. The increase in per capita spending and rapid urbanization are significant factors driving the market growth rate.
Likewise, the presence of large number of health-conscious consumers and increase in the incidences of diseases caused by the consumption of contaminated water is leading in high demand for spring waters extends lucrative opportunities for the growth of the spring water market.
According to Data Bridge Market Research, the market for spring water is expected to gain growth because of rise in consumer awareness regarding the health benefits of consuming spring water. Moreover, the introduction of eco-friendly packaging and flavored water with regulated ingredients, easy portability and convenience provided by spring water along with the rapid expansion of restaurants also accelerates market’s growth.
However, the increase in environment pollution through plastic bottles and lack of awareness regarding health issues through low-cost tap water might obstruct the market’s growth. On the other hand, the spring water is not cost effective when compared to the other drinks that can challenge the market in the aforementioned forecast period.
Now the question is which are the other regions that spring water market is targeting? Data Bridge Market Research has estimated Asia-Pacific to show profitable growth due to the huge population base and increasing incidences of ill health and diseases caused by the consumption of contaminated water within the region.
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Spring water market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of spring water companies’ contact us, https://www.databridgemarketresearch.com/toc/?dbmr=global-spring-water-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
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, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Spring Water Market – Industry Trends and Forecast to 2028