New York, June 16, 2022 (GLOBE NEWSWIRE) -- The Insight Partners published the latest research study on Bottled Water Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type (Sparkling and Still), Category (Functional and Conventional), Flavor (Plain and Flavored), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others), and Geography. Health concerns among consumers and a shift in demand from carbonated soft drinks to bottled waters are driving the bottled water market. However, the environmental impacts of bottled water are expected to restrict the bottled water market growth. Bottled water is defined as water that meets all the necessary regulations for potable water, is sealed in a sanitary container, and is sold for human consumption.
In 2021, Asia Pacific dominated the global bottled water market. The region is expected to continue its dominance during the forecast period. The bottled water market trends are influenced by the rise in health-conscious consumers and a shift of consumers from soft drinks to bottled water. Along with this, the increase in demand for sparkling and flavored water in countries like China and India is fueling the growth of the bottled water market across the region.
Get Exclusive Access to Sample Pages of Bottled Water Market Size - COVID-19 Impact and Global Analysis with Strategic Insights at: https://www.theinsightpartners.com/sample/TIPRE00004540/
Report Coverage | Details |
Market Size Value in | US$ 228.84 Billion in 2022 |
Market Size Value by | US$ 322.85 Billion by 2028 |
Growth rate | CAGR of 5.9% from 2022 to 2028 |
Forecast Period | 2022-2028 |
Base Year | 2022 |
No. of Pages | 150 |
No. Tables | 111 |
No. of Charts & Figures | 68 |
Historical data available | Yes |
Segments covered | Type, Category, Flavor, and Distribution Channel |
Regional scope | North America; Europe; Asia Pacific; Latin America; MEA |
Country scope | US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina |
Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Bottled Water Market: Competition Landscape and Key Developments
Danone; FIJI Water Company LLC; GEROLSTEINER BRUNNEN GMBH & CO. KG; The Coca-Cola Company; Nestlé S.A; Nongfu Spring; BlueTriton Brands, Inc.; PepsiCo, Inc; Voss of Norway AS; and RHODIUS Mineralquellen und Getränke GmbH & Co. KG are among the key players operating in the market. Leading market players adopt various business strategies such as mergers and acquisitions to expand their geographical presence and consumer base across the world.
Place Your Inquiry Before Buying: https://www.theinsightpartners.com/inquiry/TIPRE00004540/
Health Concerns Among Consumers Increase Demand for Bottled Drinking Water
There has been an increase in awareness about waterborne diseases such as malaria, typhoid, diarrhea, and food poisoning, which has led the consumers to consume safe and hygienic water leading to an increase in demand for bottled water. Furthermore, an increase in concern regarding various health-related issues such as gastrointestinal diseases, neurological disorders, and reproductive problems is surging the need for clean and hygienic bottled water. Various bottled water manufacturers are increasingly adding flavored and functional water to their product portfolio due to the growing concerns about rising obesity levels. The consumption of carbonated water can lead to problems such as digestive issues, weight gain, and heartburn, intensifying the consumer's shift toward low-calorie flavored and functional bottled water.
Bottled Water Market Size: Segment Overview
Based on type, the market is segmented into sparkling and still. In 2021, the still segment held a larger bottled water market share. Still water is purified to remove harmful contaminants such as viruses, bacteria, parasites, heavy metals, and fungi.
Based on category, the market is segmented into functional and conventional. The conventional segment is expected to grow rapidly during the forecast period.
Based on flavor, the bottled water market is segmented into plain and flavored. The flavored segment is expected to be the fastest-growing segment during the forecast period. This is due to the shift in the consumer's preference from carbonated soft drinks to flavored bottled waters.
Based on distribution channel, the market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment is expected to grow rapidly during the forecast period. The increased demand for different types of bottled water will lead to an increased consumer footfall in the supermarkets and hypermarkets as these stores have different varieties of bottled water along with different brands.
Connect with Our Research Analyst On: https://www.theinsightpartners.com/speak-to-analyst/TIPRE00004540/
Based on distribution channel, the bottled water market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment is expected to be the fastest-growing segment in the bottled water market. Supermarkets and hypermarkets are huge retail establishments offering an extensive range of products such as groceries, personal care, and household products.
These stores provide products from various brands at a reasonable price. Shoppers can easily find the right product at such stores. Moreover, these stores offer attractive discounts, multiple payment options, and a pleasant customer experience. Bottled water manufacturers increasingly prefer selling their products through supermarkets and hypermarkets, owing to heavy customer footfall. Moreover, many leading bottled water manufacturers sell their products through well-known supermarkets such as Walmart, Aldi, and Carrefour, owing to their customer reach and wide distribution network.
The global bottled water market is segmented into five main regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. In 2021, Asia Pacific dominated the global bottled water market. An increase in health-conscious consumers and a shift in consumer demand from carbonated soft drinks to bottled water are driving the bottled water market across the region. Along with this, the growing acceptance of premium bottled water is having a positive impact on the bottled water market. Tourism and international trade in countries such as India have increased significantly. NRI and foreign consumers prefer premium bottled water or international standards bottle water to avoid falling ill due to any water change. Thus, these factors have led to an increased acceptance of bottled water in Asia Pacific countries. North America was the second-largest region for the bottled water market in 2021.
In 2021, Asia Pacific accounted for the largest global bottled water market share. Bottled water is considered the most convenient form of water since it is available in a variety of suitable containers that make it easy for customers to transport. These water bottles are convenient for on-the-go use. Recovering tourism industry, rising health and wellness awareness among consumers, a lack of access to safe water, and consumer preference changed from water purifiers to bottled water in the Asia Pacific.
In 2021, the still segment held the largest market share. In 2021, still water was popular among consumers due to its positive health benefits, as still water is sourced from natural resources such as springs and public water supply. These factors assisted still water in maintaining its dominance in the type segment of the bottled water market in 2021.
In 2021, the plain segment held the largest market share. Easy availability of plain water in grocery stores, the safety of the water and the cost assisted the market growth in 2021.
Based on material, the sparkling segment is expected to be the fastest-growing segment during the forecast period. People all across the world are increasingly changing to healthier and more innovative drinks, including sparkling water, as the trend of adopting a healthy lifestyle among all age groups increases. The market is expected to be driven by the increased customer preference for sparkling water over sodas and sugary carbonated drinks.
Concerns over growing obesity levels, along with increased public knowledge about health issues in nations such as China, India, and Indonesia, boosted the bottled water business. Consumers are shifting away from sugary carbonated beverages and toward healthier options. This shift contributed significantly to the expansion of bottled water.
By Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- Australia
- South Korea
- Japan
- Rest of APAC
Middle East and Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
South America
- Brazil
- Argentina
- Rest of SAM
Buy Premium Copy of Bottled Water Market Size, Share, Revenue, Strategic Insights and Forecasts 2022-2028 Research Report at - https://www.theinsightpartners.com/buy/TIPRE00004540/
Major Key Player - Bottled Water Market
- Danone
- FIJI Water Company LLC
- GEROLSTEINER BRUNNEN GMBH & CO. KG
- The Coca-Cola Company
- Nestlé S.A
- Nongfu Spring
- BlueTriton Brands, Inc.
- PepsiCo, Inc
- Voss of Norway AS
- RHODIUS Mineralquellen und Getränke GmbH & Co. KG
Browse Latest and Related Reports:
Drinking Water Adsorbents Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Product (Zeolite, Clay, Activated Alumina, Activated Carbon, Manganese Oxide, Cellulose, Others)
Water Quality Sensor Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (TOC Analyzers, PH Sensor, Dissolved Oxygen Analyzers, Conductivity Sensors, Turbidity Meters, Others); Application (Laboratories, Industrial, Aquaculture, Drinking Water, Wastewater Treatment, Others) and Geography
Water Treatment Systems Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Process (Distillation, Ultra-violet Sterilization, Reverse Osmosis, Filtration, Ion-exchange, Others); Type (Drinking Water Treatment Systems, Industrial Water Treatment Systems, Wastewater Treatment System, Natural Water Treatment Systems, Well Water Treatment Systems, Others); Application (Ground Water, Brackish Sea Water Desalination, Rainwater Harvesting, Grey Water Treatment, Others); Industry Vertical (Agricultural, Aquaculture, Food and Beverage, Construction, Mining and Metals, Oil and Gas, Pharmaceuticals, Others) and Geography
UV Disinfection Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Application (Wastewater, Drinking Water, Process Water, Others); End-user (Residential, Commercial, Industrial) and Geography
Poultry Vaccines Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Broiler, Layer, and Breeder), Technology (Live Attenuated Vaccines, Inactivated Vaccines, Recombinant Vaccines, and Others), Dosage Form (Liquid Vaccines, Freeze-Dried Vaccines, and Dust/Powdered Vaccines), Disease [Newcastle Disease, Avian Influenza, Marek's Disease, Infectious Bronchitis (IB), Infectious Bursal Disease (IBD), Salmonellosis, and Others], Route of Administration [Drinking water (D/W) and Spray, Intramuscular (I/M), Subcutaneous (S/C), and Others], End User (Poultry Farms & Hatchery, Veterinary Hospitals, and Poultry Vaccination Centers & Clinics)
Chlorine Dioxide Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Type (Electrolytic Method, Chemical Method); Applications (Drinking Water, Waste Water, Swimming Water, Cooling Water, Others) and Geography
Soft Drinks Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Product (Carbonated Soft Drinks, Juices and Juice Concentrates, Bottled Water, RTD Tea and Coffee, Others) and Geography
Infused Bottled Water Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Ingredient (Fruit, Herbs, Others); Distribution Channel (Hypermarkets and Supermarket, Convenience Stores, Online, Others) and Geography
Purified Bottled Water Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Category (Plain, Flavored); Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, Others) and Geography
Bottled Water Processing Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Equipment Type (Filter, Bottle Washer, Filler and Capper, Blow Molder, Others); Technology (Reverse Osmosis, Ultrafiltration, Microfiltration, Chlorination, Others); Application (Still Water, Sparkling Water, Flavored Water) and Geography
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
Industry Research: https://www.theinsightpartners.com/categories/consumer-goods
Press Release: https://www.theinsightpartners.com/pr/bottled-water-market