Global Bottled Water Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Bottled water is drinking water (e.g., well water, distilled water, mineral water, or spring water) packaged in plastic or glass water bottles. Bottled water may be carbonated or not.
Market Overview:The latest research study on the global Bottled Water market finds that the global Bottled Water market reached a value of USD 178140.0 million in 2022. It’s expected that the market will achieve USD 240028.0 million by 2028, exhibiting a CAGR of 5.1% during the forecast period.
LimitationsTrash cans and streets around the world are packed with plastic water bottles, causing a major environmental problem. People began to spread awareness, express their concerns on social media pages and groups, and organize activities against the improper handling of plastic water bottles. This has not only led to negative publicity in the global bottled water industry, but has also encouraged the government to develop a number of stringent regulations regarding the use of recyclable packaging solutions.
Although bottled water is considered safer and less polluting than tap water, not every trend is conducive to demand. This is mainly due to the packaging of bottled water and the lax enforcement of regulatory rules in less developed areas. Plastics used to pack bottled water are increasingly causing health problems because when bottled water is stored for long periods or at high temperatures, they immerse toxic chemicals in the water.
OpportunitiesEmerging economies such as Brazil are increasingly accepting high-quality bottled water. High quality bottled water has low sodium content and high mineral content. It is packaged in special glass or plastic, and its price is higher than that of ordinary bottled water. The price of high-quality bottled water brand is not as high as that of imported brand, so consumers can choose high quality bottled water. Consumption of quality bottled water is also highly driven by restaurants in countries such as Brazil, where tap water supply is rare. This is expected to boost demand for quality bottled water during the forecast period.
Compared with ordinary drinking water, the exclusive customized drinking water of enterprise information has an additional display of enterprise-related information. From a bottle of customized water, the brand image and culture of the company can be displayed, which is conducive to the future development of the brand culture of the company. Customized bottled drinking water can effectively improve the brand image of enterprises, which greatly reduces the promotion cost of enterprises, and provides a favorable guarantee for the sustainable development of enterprises. To provide customers with more reliable and safe quality services.
Region Overview:From 2023-2028, Asia-Pacific is estimated to witness robust growth prospects.
Company Overview:The top three companies are Nestle Waters, Danone and PepsiCo, Inc. with the revenue market share of 6.00%, 3.76% and 3.48% in 2018.
Nestlé Waters, “The Healthy Hydration Company”, is the water division of the Nestlé Group. Created in 1992, it is today the number one bottled water company worldwide, posting positive organic growth while significantly reducing energy and water consumption.
Danone Dedicated to bringing health through food to as many people as possible. Danone is a leading global food & beverage company built on four businesses: Essential Dairy and Plant-Based Products, Waters, Early Life Nutrition and Medical Nutrition.
Segmentation Overview:Among different product types, Still Bottle Water segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Super/Hypermarket segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Bottled Water market covered in Chapter 3:China Resources Beverage
PepsiCo, Inc.
Mai Dubai
Tingyi Holding Corporation
Suntory Beverage & Food Ltd
Hangzhou Wahaha Group Co., Ltd.
Nongfu Spring
Grupo Vichy Catalan
Tata Global Beverages
Danone
Ajegroup SA
Bisleri International Pvt. Ltd
Nestle Waters
Coca-Cola Company
Niagra Bottling
Gerolsteiner Brunnen GmbH & Co. KG
Hassia Mineralquellen GmbH & Co. KG
In Chapter 4 and Chapter 14.2, on the basis of types, the Bottled Water market from 2018 to 2029 is primarily split into:Still Bottle Water
Carbonated Bottle Water
Flavored Bottle Water
Functional Bottle Water
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Bottled Water market from 2018 to 2029 covers:Super/Hypermarket
Convenience/Drug Stores
Grocery Stores/Club Stores
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)