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Bottled Water Market Set to Surge to USD 455.5 Billion by 2032 at a 6.5% CAGR | IMARC Group

09-26-2024 03:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Bottled Water Market Set to Surge to USD 455.5 Billion by 2032 at

๐†๐ฅ๐จ๐›๐š๐ฅ ๐๐จ๐ญ๐ญ๐ฅ๐ž๐ ๐–๐š๐ญ๐ž๐ซ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ: ๐Š๐ž๐ฒ ๐’๐ญ๐š๐ญ๐ข๐ฌ๐ญ๐ข๐œ๐ฌ ๐š๐ง๐ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ

๐’๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ:

โ— The global bottled water market size reached USD 255.1 Billion in 2023.
โ— The market is expected to reach USD 455.5 Billion by 2032, exhibiting a growth rate (CAGR) of 6.5% during 2024-2032.
โ— Asia Pacific leads the market, accounting for the largest bottled water market share.
โ— Still water maintains a dominant position in the market due to its simplicity and purity, making it a preferred choice among consumers.
โ— The market has been divided into supermarkets/hypermarkets, convenience stores, direct sales, on-trade, and others based on the distribution channels used.
โ— PET bottles dominate the market due to their lightweight nature and durability, making them easy to transport.
โ— Growing awareness of the negative health effects of sugary drinks and artificial additives is driving people towards healthier beverage choices.
โ— Bottled water brands are continuously innovating by offering a variety of flavor options, including citrus, berry, tropical fruit, cucumber, mint, and herbal infusions.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/bottled-water-market/requestsample

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

โ— ๐‚๐ก๐š๐ง๐ ๐ข๐ง๐  ๐‹๐ข๐Ÿ๐ž๐ฌ๐ญ๐ฒ๐ฅ๐ž ๐จ๐Ÿ ๐ˆ๐ง๐๐ข๐ฏ๐ข๐๐ฎ๐š๐ฅ๐ฌ:

The rising adoption of bottled water due to changing lifestyles of individuals is impelling the market growth. The increasing focus on health and wellness among people is supporting the market growth. Consumers are increasingly opting for healthier beverage options, shifting away from sugary drinks. This trend is driven by a desire to maintain hydration throughout the day and to support overall well-being. Besides this, fitness-conscious individuals are preferring bottled water as their beverage of choice during workouts and physical activities.

โ— ๐‘๐ข๐ฌ๐ข๐ง๐  ๐‡๐ž๐š๐ฅ๐ญ๐ก-๐‚๐จ๐ง๐ฌ๐œ๐ข๐จ๐ฎ๐ฌ๐ง๐ž๐ฌ๐ฌ:

The growing demand for bottled water due to the increasing number of health-conscious individuals is offering a positive market outlook. People are recognizing the importance of hydration and seeking clean and safe water options. Besides this, rising concerns about sugar intake and the health risks associated with sugary beverages are catalyzing the demand for bottled water. Its purity and absence of additives or calories make it appealing to health-conscious individuals. Furthermore, individuals are prioritizing their well-being and choosing products perceived as beneficial for their health.

โ— ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ข๐ง๐  ๐…๐จ๐œ๐ฎ๐ฌ ๐จ๐ง ๐„๐ง๐ก๐š๐ง๐œ๐ž๐ ๐‚๐จ๐ง๐ฏ๐ž๐ง๐ข๐ž๐ง๐œ๐ž:

The rising focus on enhanced convenience is contributing to the market growth. Individuals with busy lifestyles are increasingly adopting bottled water due to its portability. It allows for on-the-go consumption, making it ideal for commuters, travelers, and outdoor enthusiasts. Apart from this, the packaging options, such as single-serve bottles and resealable containers, cater to the diverse needs and preferences of individuals, further enhancing the convenience of bottled water consumption. Furthermore, improving accessibility to bottled water through expanded distribution channels is another aspect of enhanced convenience.

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=3131&flag=C

๐๐จ๐ญ๐ญ๐ฅ๐ž๐ ๐–๐š๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž:

โ— Still
โ— Carbonated
โ— Flavored
โ— Mineral

Still represents the largest segment as it appeals to a broad consumer base seeking hydration without added flavors or carbonation.

๐๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ:

โ— Supermarkets/Hypermarkets
โ— Convenience Stores
โ— Direct Sales
โ— On-Trade
โ— Others

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

๐๐ฒ ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐  ๐“๐ฒ๐ฉ๐ž:

โ— PET Bottles
โ— Metal Cans
โ— Others

PET bottles account for the largest market share due to the rising focus on cost-effective packaging solutions.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง:

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

Asia Pacific enjoys a leading position in the bottled water market on account of the increasing number of health-conscious individuals.

๐“๐จ๐ฉ ๐๐จ๐ญ๐ญ๐ฅ๐ž๐ ๐–๐š๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ:

The bottled water market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

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

๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ซ๐ž๐ช๐ฎ๐ข๐ซ๐ž ๐š๐ง๐ฒ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐จ๐ฏ๐ž๐ซ๐ž๐ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ž ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

IMARC Group

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

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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