Press release
Bottled Water Market Size To Exceed USD 451.94 Billion by 2030, CAGR Of 6.9% | Nestlé S.A., The Coca-Cola Company
Bottled Water Market
Bottled water refers to drinking water packaged in plastic or glass water bottles. It is considered as a convenient and portable drinking solution for daily use as well as during travel. Bottled water is widely consumed as a healthy and safe substitute for carbonated drinks and sugary beverages.
Market Dynamics:
The bottled water market is driven by rising health consciousness among consumers and perception of bottled water being healthier than regular tap water. Additionally, improving product availability through expanding retail networks including supermarkets, hypermarkets, and online retailers along with aggressive marketing campaigns by key players are also fueling the market growth. Furthermore, changing lifestyle and increasing disposable income in developing countries are prompting more consumers to opt for bottled water on-the-go. Robust economic development in Asia Pacific and Latin American countries is expected to generate significant demand for bottled water during the forecast period.
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Growing Popularity of Alternative Packaging Presents New Opportunities
While plastic packaging remains dominant, the bottled water industry is exploring alternative materials and formats to respond to environmental concerns. There is huge scope for bottled water companies to promote sustainable packaging solutions like aluminum cans, glass bottles and plant-based bioplastics which are recyclable or compostable. Products packaged in recyclable materials cater to the growing demand for eco-friendly options and enhance brand image. Manufacturers are also innovating bottle-less formats like cartons, pouches and tablets which ensures minimum packaging waste. New production technologies help reduce carbon and water footprint. The shift towards sustainable options presents lucrative growth opportunities for forward-thinking brands to capture the health and environment conscious consumer segment.
Increasing Demand for Flavored and Functional Water Indicates Rising Product Diversification
Earlier, bottled water meant just plain drinking water but lately functional variants infused with ingredients like fruits, herbs and vitamins have gained popularity. Product innovation and variety is a major trend in the bottled water industry. Along with still and sparkling variants, flavored waters enhanced with natural essences of berries, lemon, orange etc see strong demand. Functional waters packed with antioxidants, minerals and added nutrition cater to fitness enthusiasts and health seekers. Companies are utilizing sensory marketing strategies to engage modern consumers through exciting flavors, attractive packaging and novel bottle sizes. Research on usage of prebiotics and probiotics in functional waters will further accelerate diversification. The trend of diversified products tailored for specific consumer segments will drive future growth in the bottled water market.
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Top Companies Featured in This Report:
★ Nestlé S.A.
★ The Coca-Cola Company
★ PepsiCo Inc.
★ Danone S.A.
★ Mountain Valley Spring Company LLC
★ The Hangzhou Wahaha Group Co., Ltd.,
Market Segmentation:
By Product Type:
★ Still
★ Carbonated
★ Flavored
★ Functional
★ Polyethylene Terephthalate (PET)
★ Glass
★ Hypermarkets
★ Supermarkets
★ Convenience Stores
★ Online Stores
★ Others
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
The report offers insights on the following aspects:
Chapter 1: Study Coverage
Chapter 2: Executive Summary
Chapter 3: Analysis of Bottled Water Market Competition Landscape by Players
Chapter 4: Assessment of Bottled Water Market Size by Type and Application
Chapter 5: Global and Regional Analysis
Chapter 6: Company Profiles, recent developments, and investments
Chapter 7: Analysis of Market Opportunities, Challenges, Risks, and Influencing Factors
Chapter 8: Evaluation of Value Chain and Sales Channels, including breakthrough product developments
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology/Research Approach
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Bottled Water sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
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Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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