Press release
Bottled Water Market Growth Analysis By Top Key Players: PepsiCo Inc., Nestl Waters, The Coca Cola Company, Hangzhou Wahaha Group Co., Ltd., Danone, Natural Waters of Viti Ltd., Mountain Valley Spring Company, Icelandic Glacial Inc., and Dasani.
The functional water bottle segment is expected to witness the highest growth, owing to increasing consumer inclination towards energy-based beverages with added minerals.Bottled Water Market Overview:
Global bottled water market was valued at $169,863 million in 2015, and is expected to reach $319,860 million by 2022, expanding at a CAGR of 9.5% during the forecast period 2014 - 2022. Bottled water is packaged drinking water that is purified and free from contamination. It is available in plastic and glass water bottles, and is the most convenient way for the body to fulfill its hydration needs being easily available in nearby retail stores and supermarkets. The market driven by the rise in healthcare awareness about waterborne diseases such as malaria, typhoid, diarrhea, food poisoning, and others. Moreover, bottled water is more portable and convenient to use as it is handy, thus supporting the market growth. In addition, tap water is available at a lower cost, which also poses a restrain to market growth.
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The bottled water market is expected to witness notable growth in the coming years owing to change in lifestyle patterns of consumers as they more inclined towards most convenient sources of water and food to save their time. However, stringent regulations for the approval of bottled water and availability of tap water at lower cost are major factors that impede the market growth. Moreover, the harmful effects of using plastic bottles owing to presence of chemicals such as bisphenol A (BPA) can cause neurological diseases and behavioral problems among children.
Bottled water is the most convenient sources of water as it is available in various convenient packages, which enable consumers to carry them easily. These water bottles are handy and suitable for on-the-go usage. In addition, they are easily available in the retail and departmental stores, which supports the growth of the bottled water industry.
Top Investment Pockets
Currently, flavored bottle water segment has witnessed large-scale adoption in the bottled water market. Carbonated, still, and functional bottled water are other segments of the market. These segments are anticipated to witness increase in market share owing to rise in awareness about waterborne diseases.
Top Winning Strategy
The winning strategies mentioned below are the result of analysis of the key players in the bottled water market. The data obtained through press releases by the companies has limited scope to publicly available information. The key strategies tracked from the recent developments of the companies in this industry include:
Product Launch: Various variants of sparkling water and carbonated water are launched in the market.
Mergers & Acquisitions: Takeovers are implemented by market leaders to strengthen their reach to customers or enhance technical capabilities.
Agreements and Partnerships: Leading players are signing supply & sales agreements and plastic bottles manufacturing partnerships to capture major market share and compete with other players.
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Key players in this market concentrate to acquire local players to strengthen their market reach as well as to expand their customer base. Major companies profiled in the report include
PepsiCo Inc.,
Nestl Waters,
The Coca Cola Company,
Hangzhou Wahaha Group Co., Ltd.,
Danone,
Natural Waters of Viti Ltd.,
Mountain Valley Spring Company,
Icelandic Glacial Inc., and Dasani.
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Table of Content
Chapter: 1 INTRODUCTION
1.1 Report description
1.2 Research methodology
1.2.1 Secondary research
1.2.2 Primary research
1.2.3 Analyst tools and models
Chapter: 2 EXECUTIVE SUMMARY
2.1 CXO perspective
Chapter: 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factors
3.3 Top winning strategies
3.4 Top investment pockets
3.5 Porters five forces analysis
3.5.1 Moderate bargaining power of suppliers due to low switching costs and large number of suppliers
3.5.2 Moderate bargaining power of buyers due to high demand and large number of buyers
3.5.3 Low threat of substitution
3.5.4 High threat of new entrants due to increasing demand of water, low investment costs and improved distribution channels
3.5.5 High competition among rivalries due to innovative strategies adopted by competitors
3.6 Drivers
3.6.1 Portable and convenient for use
3.6.2 Raising health awareness
3.6.3 Premium quality and taste of bottled water
3.6.4 Availability of functional water in different flavours
3.7 Restraints
3.7.1 Stringent regulations for the bottled water
3.7.2 Harmful effects of using plastic bottles
3.7.3 Availability of tap water at lower cost
3.8 Opportunities
3.8.1 Changing life style patterns of consumers
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Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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