Bottled Water

Bottled Water

Global Bottled Water Market to Reach US$484.7 Billion by 2030

The global market for Bottled Water estimated at US$305.2 Billion in the year 2023, is expected to reach US$484.7 Billion by 2030, growing at a CAGR of 6.8% over the analysis period 2023-2030. Purified Water, one of the segments analyzed in the report, is expected to record a 6.0% CAGR and reach US$181.9 Billion by the end of the analysis period. Growth in the Mineral Water segment is estimated at 7.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$83.5 Billion While China is Forecast to Grow at 8.3% CAGR

The Bottled Water market in the U.S. is estimated at US$83.5 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$113.2 Billion by the year 2030 trailing a CAGR of 8.3% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.7% and 6.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.

Global Bottled Water Market - Key Trends & Drivers Summarized

Bottled water has become a ubiquitous product in both developed and developing countries, driven by consumer demand for convenience, health benefits, and safety. The bottled water market encompasses various types of water, including spring water, purified water, mineral water, and sparkling water, each offering distinct benefits and catering to different consumer preferences. This sector has seen significant growth due to increasing urbanization, a growing middle-class population, and heightened awareness about the importance of hydration and health. Bottled water is often perceived as a safer alternative to tap water, especially in regions where water quality is questionable.

The bottled water industry has also benefitted from advancements in packaging technology and distribution networks. Innovations in eco-friendly packaging materials, such as biodegradable plastics and recycled bottles, are gaining traction as environmental concerns become more pronounced. Additionally, strategic marketing and branding efforts by leading companies have played a crucial role in shaping consumer preferences and driving sales. The expansion of retail channels, including convenience stores, supermarkets, and online platforms, has made bottled water readily accessible to consumers worldwide, further propelling market growth.

The growth in the bottled water market is driven by several factors. Increasing health consciousness among consumers is a significant driver, with many opting for bottled water as a healthier alternative to sugary beverages. Technological advancements in water purification and filtration have enhanced the quality and safety of bottled water, appealing to health-conscious buyers. The rise in tourism and outdoor recreational activities has also spurred demand, as bottled water is a convenient hydration solution. Furthermore, the growing emphasis on sustainability has led to the development of eco-friendly packaging solutions, attracting environmentally conscious consumers. The expansion of distribution networks and the proliferation of e-commerce platforms have made bottled water more accessible, contributing to its robust market growth.

Select Competitors (Total 317 Featured) -

• Active Premium Beverages
• AG Barr PLC
• AGThia Group PJSC
• Acqua Minerale di Calizzano S.p.A.
• Acqua Minerale San Benedetto SpA
• Acqua Santa Di Roma Srl (Egeria)
• Adelholzener Alpenquellen GmbH
• Aguas de Cortes, S.A.
• Aguas de Fuensanta SL
• AGUA MINERAL SAN BENEDETTO, SAU
• Acqua Pradis S.p.A.
• Admiral Beverage Corporation
• Absopure Water Company
• Actiph Water Ltd. (United Kingdom)
• Active Organic Beverages Pty Limited

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