Press release
Looking at Growing Demand of Bottled Water Market: Industry is Expected to Reach $319,860 Million by 2022, Globally
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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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The global bottled water market is segmented based on type and geography. Based on type, it is classified into still water, carbonated water, flavored water, and functional water. In 2015, the still water segment held the largest market share, accounting for three-fifths of the total market share and is expected to maintain this trend during the forecast period. In terms of geographical analysis, in 2015, Asia-Pacific dominated the market, occupying 35.6% share, followed by Europe with 27.1%. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Leading players invest huge capital in R&D activities to develop enhanced products to cater to the current demand. Key players operating in bottled water industry include Nestlé Waters, Hangzhou Wahaha Group Co., Ltd., The Coca Cola Company, Danone, PepsiCo Inc., Natural Waters of Viti Ltd., Icelandic Glacial Inc., Mountain Valley Spring Company, and Dasani.
Other bottled water companies in the value chain include (profiles not included in the report) Niagra Bottling, Apollinaris, Aquapura, Lithia, Nestle Waters North America, Persa, Mai Dubai, Malvern Water, Eden Springs Ltd., and Norland International Inc.
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, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
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