India Bottled Water Market, By Stock Keeping Units (Less than 1L, 1L-2L, More than 2L), By Packaging (Bottles, Barrels, Glasses), By End-User (Individual and Commercial), By Region, Competition, Forecast & Opportunities, FY2017-FY2027F
India bottled water market was valued at USD2434.49 million in FY2021 and is anticipated to grow at CAGR value of 13.25% in the forecast years, FY2023F-FY2027F to achieve market value of USD4781.47 million by FY2027F. The market growth can be attributed to factors like rapidly increasing disposable income among the Indian population and surge in the number of diseases caused due to drinking unpurified water. Increasing instances of water borne diseases like cholera, diarrhea, dysentery, hepatitis A, typhoid, and polio are driving the growth of the India bottled water market in the upcoming five years. Surge in the demand for purified, hygienic, and closed container waters is also supporting the market growth. Recent COVID-19 pandemic created a spur among the population to use only healthy and clean water, which also contributed to the growth of the India bottled water market. Increasing government initiatives, and favorable schemes to promote usage of bottled water for drinking, cooking, and other consumptions is further substantiating the growth of the India bottled water market in the future five years. Technological advancement and detailed research regarding purification of water, designing innovative packaging ideas, increasing investment from the government as well as private financial supports are also some of the major factors responsible for the growth of the India bottled water market in the next five years. Bottled water is water packaged in plastic bottles, and glass bottles & barrels which is safe for drinking and is certified by FSSAI. Bottled water is gaining popularity among consumers because it is thought to be more hygienic than loose normal water. Improved advertising and promotional schemes by market players and governments influence consumer purchasing behavior and thus aid the market growth in the forecast years.
The India bottled water market is segmented based on stock keeping units, packaging, end-user, region, and competitional landscape. Based on stock keeping units, the market is further fragmented into less than 1l, 1l-2l and more than 2l. Stock keeping unit between 1 liter to 2 liter, is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years due to evolving consumer preferences. Younger population that spends most of their time outside home due to work and other necessities, prefers to carry a modest amount of bottled water for their daily consumption.
Bisleri International Pvt. Ltd., Varun Beverages Ltd, Coca-Cola India Pvt. Ltd, Parle Agro Private Limited, Tata Consumer Products Limited, Indian Railway Catering and Tourism Corporation Limited, RMD Foods & Beverages Pvt. Ltd., United Breweries Limited (UBL), Picasona Agriculture Products Private Limited, Narang Group (RN), etc. are among the major market players in the India platform that lead the market growth of the India bottled water market.
Years considered for this report:
Historical Years: FY2017- FY2020
Base Year: FY2021
Estimated Year: FY2022E
Forecast Period: FY2023F – FY2027F
Objective of the Study:
- To analyze the historical growth in the market size of India bottled water market from FY2017 to FY2021.
- To estimate and forecast the market size of India bottled water market from FY2022E to FY2027F and growth rate until FY2027F.
- To classify and forecast India bottled water market based on stock keeping units, packaging, end-user, regional distribution, and competitive landscape.
- To identify dominant region or segment in the India bottled water market.
- To identify drivers and challenges for India bottled water market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India bottled water market.
- To identify and analyze the profile of leading players operating in India bottled water market.
- To identify key sustainable strategies adopted by market players in India bottled water market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of companies across India. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the companies which could not be identified due to the limitations of secondary research. TechSci Research analyzed the companies, distribution channels and presence of all major players across India.
TechSci Research calculated the market size of India bottled water market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Companies, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to bottled water
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as companies, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, India bottled water market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- India Bottled Water Market, By Stock Keeping Units:
- Less than 1L
- 1L-2L
- More than 2L
- India Bottled Water Market, By Packaging:
- Bottles
- Barrels
- Glasses
- India Bottled Water Market, By End-User:
- Individual
- Commercial
- India Bottled Water Market, By Region:
- North
- West
- South
- East
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India bottled water products market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Companies Mentioned1.Bisleri International Pvt. Ltd.
2.Varun Beverages Ltd
3.Coca-Cola India Pvt. Ltd
4.Parle Agro Private Limited
5.Tata Consumer Products Limited
6.Indian Railway Catering and Tourism Corporation Limited
7.RMD Foods & Beverages Pvt. Ltd.
8.United Breweries Limited (UBL)
9.Picasona Agriculture Products Private Limited
10.Narang Group (RN)
Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format
without printing rights