COVID - 19 Impact on Bottled Water Market Share, Size, Growth, Trend, Top Manufacturer and Future Insights 2020

Bottled Water Market - By Product Type (Sparkling, Still, Flavored And Spring), By Packaging (Plastic, Glass, Can, Drum And Others), By Companies, And By Region, Opportunities And Strategies – Global Forecast To 2022 By The Business Research Company

The global bottled water market was valued at around $238 billion in 2017 and is expected to reach $349 billion in 2021, growing at a CAGR (compound annual growth rate) of 9.99% during 2017-2021. In terms of volume, the market is estimated at 437 billion liters in 2017 and is expected to reach 623 billion liters in 2021, growing at a CAGR of 927% during 2017-2021.

The Key drivers of the bottled water market include:-
Consumer concerns over rising obesity levels combined with an increase in public awareness about health issues in countries such as China, India and Indonesia had a positive effect on the bottled water market. Consumers have been switching from sugary carbonated drinks to healthier alternatives. This shift significantly contributed to the growth of bottled water in this region.

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Bottled Water Market Segmentation:-
By Product Type
1. Packaged Drinking Water – Still
2. Spring + Mineral – Still
3. Flavored Water – Still
4. Functional Water
5. Spring + Mineral – Sparkling
6. Flavored Water – Sparkling
7. Packaged Drinking Water – Sparkling

By End User Packaging
1. Plastic Bottle
2. Drum (Bulk)
3. Glass Bottle
4. Can
5. Others

Plastic Bottle packaging was the largest segment in the global bottled water market, with 57.6% share of the market.

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By Geography - The bottled water market is segmented into
1.North America
2.Western Europe
3.Asia Pacific
4.Eastern Europe
5.South America
6.Middle East
7.Africa

Some of the major key players involved in the bottled water market are
1. Nestle Waters
2. Danone
3. Hangzhou Wahaha Group Co
4. The Coca-Cola Company
5. Nongfu Spring

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

This release was published on openPR.