Press release
Bottled Water Market Share Analysis by Top Brands - The Coca-Cola Company, Nestlé S.A, Nongfu Spring, BlueTriton Brands
Bottled water is mostly of two types - carbonated/sparkling or still water. Bottled water is packaged drinking water that is purified and free from contamination.Bottled Water Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Sparkling and Still), Category (Functional and Conventional), Flavor (Plain and Flavored), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)
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The bottled water market is expected to grow from US$ 228.84 billion in 2022 to US$ 322.85 billion by 2028; it is estimated to grow at a CAGR of 5.9% from 2022 to 2028.
Danone; FIJI Water Company LLC; GEROLSTEINER BRUNNEN GMBH & CO. KG; The Coca-Cola Company; Nestlé S.A; Nongfu Spring; BlueTriton Brands, Inc.; PepsiCo, Inc; Voss of Norway AS; and RHODIUS Mineralquellen und Getränke GmbH & Co. KG are among the key players operating in the bottled water market. The leading players adopt strategies such as mergers & acquisitions and product launches to expand their geographic presence and consumer base.
Key suggestions for the new participants.
- Piece of the pie examination of the top business players.
- Market conjectures for at least 9 years of the relative multitude of referenced fragments, sub-portions, and the local business sectors.
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and suggestions).
- Organization profiling with point by point techniques, financials, and ongoing turns of events.
- Serious arranging planning the key regular patterns.
- Key suggestions in key business portions dependent on market assessments.
Shift in Demand from Carbonated Soft Drinks to Bottled Water
During the COVID-19 pandemic, consumers worldwide increasingly prioritized their health and wellness, boosting the demand for purified and ultra-purified bottled water. Consumers are increasingly consuming water on the go as it is a healthier option than high-calorie, carbonated, and sugary drinks such as sports drinks and juices. According to an article published in Beverage Industry in September 2021, the sales of bottled water grew by 4.7% in 2020. The growing awareness among the consumers regarding healthy beverages as well as the decision to abstain from carbonated soft drinks among many consumers is leading to an increased shift towards bottled water.
Key Industry Insights
This Market report is a wide audit that incorporates an itemized review of the Bottled Water business. The report clarifies kind of Bottled Water and application in various verticals of the market with respect to different nations and key areas. The examination has recorded and assessed all the central members in the worldwide Bottled Water market and analyzed them based on various measurements, for example, yearly deals shipments volume, verifiable development rates, market income, and promoting techniques. Based on every one of these discoveries, the worldwide Bottled Water industry study report proposes key intends to improve market positions for existing business sector members.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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