Global Bottled Water Market, By Type (Purified Water, Mineral Water and Sparkling/Carbonated Water), Category (Plain, Flavoured), Distribution Channel (Store-Based, Non-Store-Based), – Industry Trends and Forecast to 2029
Market Analysis and Size
The rise in healthcare awareness about waterborne diseases such as malaria, typhoid, diarrhea, food poisoning, and others is driving the market. Furthermore, bottled water is more portable and convenient, supporting market growth.
Data Bridge Market Research analyses that the bottled water market was valued at USD 283.6 billion in 2021 and is expected to reach the value of USD 476.45 billion by 2029, at a CAGR of 6.7% during the forecast period of 2022-2029.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Type (Purified Water, Mineral Water and Sparkling/Carbonated Water), Category (Plain, Flavored), Distribution Channel (Store-Based, Non-Store-Based),
|
|
Countries Covered
|
U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Denmark, Sweden, Poland, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Japan, Thailand, Indonesia, New Zealand, Vietnam, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., and rest of the Middle East and Africa, Brazil, Argentina & rest of South America
|
|
Market Players Covered
|
PepsiCo (US), Nestlé, A.G. (Switzerland), The Coca-Cola Company. (US), CG Roxane, LLC (US), Tempo Beverage Ltd (Israel), Keurig Dr Pepper Inc. (US), Dr Pepper/Seven Up, Inc (US), Ferrarelle (Italy), SANPELLEGRINO (Italy), Reignwood Investments UK Ltd (UK), LaCroix Beverages, Inc. (US), GEROLSTEINER BRUNNEN GMBH & CO. KG (Germany), and Mountain Valley Spring Water (US)
|
|
Opportunities
|
|
Market Definition
Bottled water is intended for human consumption and is obtained from a variety of sources, including wells, protected springs, or a public water supply. When compared to regular water, it has a high concentration of dissolved minerals or total dissolved solids (TDS). Before packaging, the bottles are typically treated with ultraviolet (UV) irradiation, which inhibits the growth of pathogenic organisms during storage or transportation. Following disinfection, these bottles are filled with water, labelled, and sold in a variety of sizes ranging from single-serve to large carboys for water coolers.
Global Bottled Water Market Dynamics
Drivers
- Numerous benefits of consuming bottled water
Due to the presence of quinine, a medication used to treat malaria and babesiosis, bottled water is also widely consumed as a healthy drink around the world. This bottled water contains 83 milligrams of quinine per litre and has excellent medicinal properties. Market manufacturers are now offering a diverse range of products with added sugars and flavors. These therapeutic benefits of bottled water are also propelling the product's demand on a global scale.
- The growing consumption of alcohol and development of additional flavourings
Another factor driving this growth is the use of bottled water in margaritas as a drink enhancer and for soothing dehydration due to its strong taste. Furthermore, children, teenagers, and young adults are drawn to the sparkling effect water under ultraviolet lights. Bottled water appears fluorescent when exposed to direct sunlight because quinine is reactive to UV radiation as a result of its quinine content. Due to its use in cocktail preparations and its medicinal properties, the market is expected to grow steadily over the forecast period. Bottled water manufacturers are expected to develop additional product flavourings over the forecast timeframe.
Opportunity
The rising disposable income of people as a result of industrialization and economic growth is a major driver of the global market for bottled water. Rapid urbanisation also contributes to increased demand, as it has resulted in increased consumption of alcohol, to which bottled water is frequently added. Aside from that, the growing popularity of social media and the internet has also had a positive impact on the market.
Restraints
However, increasing environmental pollution from plastic bottles and a lack of awareness about health issues due to low-cost tap water are among the major factors acting as restraints and will further challenge the bottled water market during the forecast period.
This bottled water market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the bottled water market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Bottled Water Market
Governments' extensive restrictions worldwide to combat the global coronavirus outbreak have created logistical challenges for the bottled water processing industry. Manufacturers have taken a number of initiatives to support market growth even during the COVID-19 pandemic. The initial months of the lockdown saw an increase in demand for bottled water due to consumers stockpiling in anticipation of lockdowns and scarcity. The trend, however, quickly deteriorated, along with decreased sales caused by global tourism industry setbacks.
Recent Development
- Nestle SA decided in April 2021 to sell its bottled water business in the United States and Canada to private equity firm One Rock Capital Partners for USD 4.3 billion, renaming the company BlueTriton Brands.
- Primo Water Corporation announced the acquisition of Mountain Valley Water Company of Los Angeles in October 2020, increasing the total number of customers to over 8,000.
- Agthia Group PJSC announced the launch of Al Ain Plant Bottle, the region's first plant-based water bottle, in February 2020. Agthia and Veolia, a global leader in optimised resource management, also signed an agreement to launch a PET water bottle collection initiative in the United Arab Emirates.
Global Bottled Water Market Scope
The bottled water market is segmented on the basis of type, category and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Purified Water
- Mineral Water
- Sparkling/Carbonated Water
Category
- Plain
- Flavoured
Distribution channel
- Store based
- Non store based
Bottled Water Market Regional Analysis/Insights
The bottled water market is analysed and market size insights and trends are provided by country, of type, category and distribution channel as referenced above.
The countries covered in the bottled water market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Denmark, Sweden, Poland, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Japan, Thailand, Indonesia, New Zealand, Vietnam, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., and rest of the Middle East and Africa, Brazil, Argentina & rest of South America.
Asia-Pacific dominates the bottled water market because consumer preference for healthier drinks over sugary drinks are increasing. North America is the second largest region in terms of bottled water market growth, owing to rising demand for clean water, rising consciousness about a healthier lifestyle, rising incidences of diseases caused by contaminated water consumption, and rising consumer awareness about the health benefits of preferring bottled water in this region. Europe is the third largest region in terms of bottled water market growth, owing to an increasing preference for healthier alternatives to sugar-based beverages in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bottled Water Market Share Analysis
The bottled water market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to bottled water market.
Some of the major players operating in the bottled water market are:
- PepsiCo (US)
- Nestlé, A.G. (Switzerland)
- The Coca-Cola Company. (US)
- CG Roxane, LLC (US)
- Tempo Beverage Ltd (Israel)
- Keurig Dr Pepper Inc. (US)
- Dr Pepper/Seven Up, Inc (US)
- Ferrarelle (Italy)
- SANPELLEGRINO (Italy)
- Reignwood Investments UK Ltd (UK)
- LaCroix Beverages, Inc. (US)
- GEROLSTEINER BRUNNEN GMBH & CO. KG (Germany)
- Mountain Valley Spring Water (US)
SKU-