Press release
Bottled Water Industry Value accounted for USD 350.2 Billion by 2022, Driven by the growing awareness about the importance of staying hydrated during the forecast, 2023-2033
According to the report, the global Bottled Water market accounted for a market size of USD 350.2 Billion in 2022, growing at a CAGR of 7.2% from 2023 to 2033. The awareness of waterborne diseases and the importance of consuming safe drinking water have led to a higher demand for bottled water. Consumers opt for bottled water as a precautionary measure to avoid the potential health risks associated with contaminated tap water. Busy lifestyles, urbanization, and the rise of convenience culture have contributed to the demand for bottled water. Consumers seek quick and readily available hydration options, and bottled water fulfills their need for a portable and easily accessible beverage.The growing awareness about the importance of staying hydrated and maintaining a healthy lifestyle has driven the demand for bottled water. Consumers are opting for bottled water as a healthier alternative to sugary beverages or as a convenient way to meet their daily hydration needs. Bottled water offers convenience and portability, making it a popular choice for on-the-go consumers. It is readily available in various sizes and formats, making it easy to carry and consume anywhere, whether at work, during travel, or outdoor activities.
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Key Highlights:
• The global Bottled Water Market size was valued at USD 350.2 Billion in 2022 growing at a CAGR of 7.2% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence is going to publish a new market research report providing market analysis that examines and evaluates the current and future conditions to identify trends, opportunities, and potential risks that may impact the performance of businesses operating within that market. This analysis typically involves collecting and analyzing data related to various factors such as economic indicators, consumer behavior, technological advancements, and regulatory policies that affect the market.
In terms of COVID-19 impact, the Bottled Water market report also includes the following data points:
• COVID-19 Impact on Bottled Water market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Bottled Water market
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Key Players
Some of the major Bottled Water players holding high market share include Danone, Hangzhou Wahaha Group CO, Ltd., Icelandic Glacial, and Nestlé. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Danone
• Hangzhou Wahaha Group CO, Ltd.
• Icelandic Glacial
• Nestlé
• Niagara Bottling, LLC.
• Nongfu Spring.
• Norland International
• PepsiCo
• The Coca-Cola Company
• VOSS of Norway AS.
Segmental Analysis
Market Segment By Product Type with focus on market share, consumption trend, and growth rate of Bottled Water Market:
• Flavored Bottled Water
• Still Bottled Water
• Carbonated Bottled Water
• Functional Bottled Water
Based on Product Type, Still bottled water currently hold the largest market share in the Bottled Water market.
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Global Bottled Water Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Industry and Market Understanding: This report provides a comprehensive overview of a particular industry or market, including its size, trends, key players, and future outlook. By purchasing this research report, you can gain a better understanding of the industry you are operating in or considering entering.
• Competitive Intelligence: This report provides detailed information on competitors, including their strengths and weaknesses, market share, financial analysis, key developments and strategies adopted, and product offerings. This information can help businesses develop effective competitive strategies.
• Investment Decisions: This report helps investors make informed decisions by providing data on market size, growth potential, and key trends. This information can be useful for identifying investment opportunities and evaluating risk.
• Regulatory Compliance: This report includes information on regulatory policies and requirements that affect a particular industry or market. This can be valuable information for businesses seeking to comply with regulations and avoid potential legal issues.
Overall, Bottled Water market research reports provide valuable insights and information that can help businesses and individuals make informed decisions in a rapidly changing global marketplace.
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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