Bottled Water Market Size to Hit US$ 364.43 Billion at 7.3% CAGR by 2028

IMARC Group's report titled "𝐁𝐨𝐭𝐭𝐥𝐞𝐝 𝐖𝐚𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞 (𝐒𝐭𝐢𝐥𝐥, 𝐂𝐚𝐫𝐛𝐨𝐧𝐚𝐭𝐞𝐝, 𝐅𝐥𝐚𝐯𝐨𝐫𝐞𝐝, 𝐌𝐢𝐧𝐞𝐫𝐚𝐥), 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥 (𝐒𝐮𝐩𝐞𝐫𝐦𝐚𝐫𝐤𝐞𝐭𝐬/𝐇𝐲𝐩𝐞𝐫𝐦𝐚𝐫𝐤𝐞𝐭𝐬, 𝐂𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐜𝐞 𝐒𝐭𝐨𝐫𝐞𝐬, 𝐃𝐢𝐫𝐞𝐜𝐭 𝐒𝐚𝐥𝐞𝐬, 𝐎𝐧-𝐓𝐫𝐚𝐝𝐞, 𝐚𝐧𝐝 𝐎𝐭𝐡𝐞𝐫𝐬), 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐓𝐲𝐩𝐞 (𝐏𝐄𝐓 𝐁𝐨𝐭𝐭𝐥𝐞𝐬, 𝐌𝐞𝐭𝐚𝐥 𝐂𝐚𝐧𝐬, 𝐚𝐧𝐝 𝐎𝐭𝐡𝐞𝐫𝐬), 𝐚𝐧𝐝 𝐑𝐞𝐠𝐢𝐨𝐧 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖". The global bottled water market size reached US$ 237.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 364.43 Billion by 2028, exhibiting a growth rate (CAGR) of 7.3% during 2023-2028.

𝐅𝐨𝐫 𝐚𝐧 𝐢𝐧-𝐝𝐞𝐩𝐭𝐡 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐫𝐞𝐟𝐞𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/bottled-water-market/requestsample

𝐅𝐚𝐜𝐭𝐨𝐫𝐬 𝐀𝐟𝐟𝐞𝐜𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐭𝐡𝐞 𝐁𝐨𝐭𝐭𝐥𝐞𝐝 𝐖𝐚𝐭𝐞𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

𝐄𝐦𝐞𝐫𝐠𝐢𝐧𝐠 𝐇𝐞𝐚𝐥𝐭𝐡 𝐚𝐧𝐝 𝐇𝐲𝐝𝐫𝐚𝐭𝐢𝐨𝐧 𝐓𝐫𝐞𝐧𝐝𝐬:

The bottled water industry is currently experiencing robust growth due to the prevailing health and hydration trends. As consumers around the world increasingly prioritize their well-being, bottled water is emerging as a preferred choice for its perception as a healthier alternative to sugary and calorie-laden beverages. This trend is further fueled by a growing awareness of the importance of staying hydrated for overall health. The enhanced convenience and portability of bottled water also allows consumers to easily quench their thirst on the go, which aligns with modern lifestyles, thereby catalyzing market growth.

𝐑𝐢𝐬𝐢𝐧𝐠 𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐂𝐨𝐧𝐜𝐞𝐫𝐧𝐬 𝐚𝐧𝐝 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠:

Rising sustainable packaging initiatives is driving the bottled water industry toward growth. Concerns about single-use plastic waste have augmented the demand for eco-friendly solutions. Many companies now use recycled plastic or biodegradable materials for their bottles. Brands embracing these sustainable practices attract environmentally conscious consumers, eliminating concerns and contributing to market growth. The tension between convenience and environmental responsibility continues to shape the industry's strategies and offerings, thereby supporting market growth.

𝐂𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐜𝐞 𝐚𝐧𝐝 𝐀𝐜𝐜𝐞𝐬𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐲:

The bottled water industry's growth is also being propelled by its unmatched convenience and accessibility. Bottled water is available in various sizes and formats, offering consumers a portable, safe hydration option. This convenience factor is especially appealing to individuals with active and busy lifestyles who seek readily available clean drinking water. Furthermore, in regions where tap water quality is a major concern, bottled water provides a reliable and accessible source of safe hydration. Marketing efforts highlighting the purity and safety of bottled water have further accelerated the product adoption rate, sustaining its growth in the market.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐁𝐨𝐭𝐭𝐥𝐞𝐝 𝐖𝐚𝐭𝐞𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

Bisleri International Pvt. Ltd.
Danone S.A.
Gerolsteiner Brunnen GmbH & Co. KG
Nestle S.A.
Nongfu Spring (Yangshengtang Co. Ltd.)
Otsuka Pharmaceutical Co. Ltd.
PepsiCo Inc.
Primo Water Corporation
Tata Consumer Products Limited
The Coca-Cola Company

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐭𝐚𝐛𝐥𝐞 𝐨𝐟 𝐜𝐨𝐧𝐭𝐞𝐧𝐭𝐬: https://www.imarcgroup.com/bottled-water-market

𝐁𝐨𝐭𝐭𝐥𝐞𝐝 𝐖𝐚𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐁𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞:

Still
Carbonated
Flavored
Mineral

Still represented the leading segment due to the widespread consumer preference for its natural and refreshing taste.

𝐁𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥:

Supermarkets/Hypermarkets
Convenience Stores
Direct Sales
On-Trade
Others

Based on the distribution channel, the market has been divided into supermarkets/hypermarkets, convenience stores, direct sales, on-trade, and others.

𝐁𝐲 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐓𝐲𝐩𝐞:

PET Bottles
Metal Cans
Others

PET bottles represented the largest segment as they are lightweight, convenient, and easily recyclable. 

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Asia Pacific's dominance in the bottled water market is attributed to the region's large population, rising disposable incomes, and increasing health consciousness among consumers.

𝐆𝐥𝐨𝐛𝐚𝐥 𝐁𝐨𝐭𝐭𝐥𝐞𝐝 𝐖𝐚𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The heightened emphasis on health and wellness among consumers has augmented the demand for bottled water as it is perceived as a healthier alternative to sugary beverages, thereby propelling market growth. Apart from this, rising environmental concerns and sustainability efforts that prompt companies to adopt eco-friendly packaging solutions like PET bottles and reduce their carbon footprint is another major growth-inducing factor. Furthermore, the convenience and accessibility associated with bottled water have catalyzed market growth as consumers seek on-the-go hydration solutions. Additionally, the rapid expansion of the urban population, particularly in the Asia Pacific region, where elevating urbanization levels and inflating disposable incomes are driving higher consumption rates, is contributing to market growth.

𝐍𝐨𝐭𝐞: 𝐈𝐟 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐭𝐡𝐚𝐭 𝐢𝐬 𝐧𝐨𝐭 𝐜𝐮𝐫𝐫𝐞𝐧𝐭𝐥𝐲 𝐰𝐢𝐭𝐡𝐢𝐧 𝐭𝐡𝐞 𝐬𝐜𝐨𝐩𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐰𝐞 𝐰𝐢𝐥𝐥 𝐩𝐫𝐨𝐯𝐢𝐝𝐞 𝐢𝐭 𝐭𝐨 𝐲𝐨𝐮 𝐚𝐬 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧.

𝐎𝐭𝐡𝐞𝐫 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐁𝐲 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩

𝐌𝐞𝐬𝐢𝐟𝐮𝐫𝐚𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/mesifurane-market

𝐒𝐭𝐨𝐮𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/stout-market

𝐏𝐚𝐜𝐤𝐚𝐠𝐞𝐝 𝐒𝐮𝐧𝐟𝐥𝐨𝐰𝐞𝐫 𝐒𝐞𝐞𝐝𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/packaged-sunflower-seeds-market

𝐌𝐢𝐱𝐞𝐝 𝐓𝐨𝐜𝐨𝐩𝐡𝐞𝐫𝐨𝐥𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/mixed-tocopherols-market

𝐌𝐚𝐫𝐠𝐚𝐫𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/margarine-market

𝐑𝐢𝐜𝐞 𝐍𝐨𝐨𝐝𝐥𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/rice-noodles-market

𝐓𝐨𝐦𝐚𝐭𝐨 𝐊𝐞𝐭𝐜𝐡𝐮𝐩 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/prefeasibility-report-on-a-tomato-ketchup-manufacturing-plant

𝐏𝐫𝐨𝐛𝐢𝐨𝐭𝐢𝐜 𝐃𝐢𝐞𝐭𝐚𝐫𝐲 𝐒𝐮𝐩𝐩𝐥𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/probiotic-dietary-supplement-market

𝐀𝐜𝐢𝐝𝐢𝐭𝐲 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/acidity-regulators-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA

Follow us on Twitter: @imarcglobal

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

This release was published on openPR.