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Find Global Bottled Water Market Research Report - Size, Share, Development, Growth and Demand Forecast to 2023
Bottled Water Market
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Bottled water contributes a large portion in the global soft drinks industry. With increasing responsiveness among consumers about being hydrated by drinking safe water is driving the growth of global bottled water market. The demand and consumption of bottled water varies significantly from one region to another region.
Bottled water market is less affected by fluctuating prices of raw materials. As water, which is the prime raw material used, is found in abundance, the bottlers’ sales margin depends on the price of plastic used for making the bottles.
The various types of bottled water available are flavored bottled water, carbonated bottled water, still bottled water and functional bottled water. Based on application, the global bottled water market can be categorized as domestic, industrial and commercial bottled water. And based on regulated levels, global bottled water can be classified as federal, state and industry level.
Rising wellness and healthcare concerns, innovations in bottling technology supported by new packaging initiatives, green packaging, growth and availability of various flavored and carbonated bottled water segments is expected to boost the demand of bottled water globally in coming years.
Substitution of bottled water by low cost tap water, environmental impact, potential of leaching in water and campaigns against bottled water are some of the hindrances in the growth of global bottled water market.
Explore Research Report At: https://www.psmarketresearch.com/market-analysis/bottled-water-market
Some of the major players in the global bottled water market include PepsiCo Inc., Nestle Waters, Groupe Danone, Icelandic Water Holdings ehf, The Coca- Cola Company, Mountain Valley Spring Company, LLC, Hangzhou Wahaha Group Co., Ltd., Sunny Delight Beverages Company, and Balance Water Company.
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