Asia-Pacific Bottled Water Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Asia-Pacific Bottled Water Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Asia-Pacific Bottled water Market is witnessing a CAGR of 9.8% during the forecast period (2020-2025).

Key Highlights

• Asia-Pacific continues to show a strong growth rate in the bottled water controlling a market share of 35% in terms of revenue. China is the largest bottled water consumed country followed by India and Japan.
• The competition in Asia-Pacific Bottled Water Market is considerably high, with many regional and local players along with many private label brands. Health concerns, thirst for innovative products and multiple distribution channels are expected to boost the growth of the market.

Key Market TrendsGrowing Demand for Functional Bottled Water

The functional bottled water market is expanded to grow, owing to a change in beverage consuming habits, with preference shifting from high sugar, carbonated beverages to functional and flavored water. In China, there is a growing urban class who prefer to drink functional beverages as they don't have time to eat a balanced meal every day. The growth of the functional water in the Asia-Pacific region is supporting the growth of the bottled water market from last few years.

India is the fastest growing market

India doesn't have any control over the entry and quality of products, which is attracting many new players, especially in rural areas. With the rise in health awareness, increase in tourism and ease of availability of bottled water, there is an increase in per capita consumption of bottled water in India. India packaged bottled water industry is dominated by top five players, namely, Bisleri, PepsiCo, The Coca Cola Company, Dhariwal, and Parle. These companies struggle to penetrate the small cities and towns due to poor infrastructure, providing an opportunity from small regional players to build a presence in the regional market.

Competitive Landscape

Asia-Pacific Bottled Water Market includes the company profiles of Aqua Max, Groupe Danone, Pepsico Inc, The Coca-Cola Company, TATA Group. Feb 2018 - PepsiCo launched a new sparkling water product, called bubly, that comes in eight flavors: limebubly, grapefruitbubly, strawberrybubly, lemonbubly, orangebubly, applebubly, mangobubly and cherrybubly.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

IBM Corporation
Oracle Corporation
Internap Corporation
Packet Inc. (An Equinix Inc. Company)
Scaleway Inc.
Amazon Web Services Inc
Rackspace Inc.
CenturyLink, Inc.
LightEdge Solutions, Inc

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