In a recently published report, Allied Market Research valued the global bottled water market at $301.7 billion in 2021. It also assessed the industry to reach $515.3 billion by 2031, rising a CAGR of 5.5% from 2022 to 2031.
What does the AMR research report include?
The report examines competitive dynamics by analyzing business segments, product offerings, target market revenues, and geographical presence. It offers a comprehensive overview of the strategic developments by leading players in the landscape. This study also includes qualitative insights into market dynamics such as drivers, restraints, and opportunities. Moreover, it encompasses regulatory analysis and pricing strategies. The research applies analytical tools like Porterβs Five Forces framework across North America, Europe, Asia-Pacific, and LAMEA regions to provide well-refined and authentic data sets.
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Current trends in the global bottled water market, including R&D activities, regulatory frameworks, and government initiatives, are examined in this piece. Over 3,500 documents related to the industry have been investigated to produce valuable industry insights for the global bottled water sector. This comprises product literature, industry announcements, annual reports, and credible journals from industry participants and government sources.
Contemporary trends in the industry
Increasing awareness of health and hygiene
There is an increasing health awareness among consumers, resulting in a noticeable decline in soda consumption as people look for healthier alternatives. Data from the U.S. Centers for Disease Control and Prevention indicated a marked drop in soda sales, while bottled water gained popularity. In response, governments in Europe and North America promoted public health initiatives encouraging water consumption, further enhancing the bottled water market.
Rise in bottled water consumption in developing countries
Another significant trend is the rapid expansion of bottled water consumption in emerging markets, especially in Asia-Pacific, Latin America, and Africa. Issues surrounding water quality and access to safe drinking water heightened the demand for bottled water in these areas. For example, data from the Indian Ministry of Drinking Water and Sanitation revealed that only about 70% of the population had access to safe drinking water, increasing reliance on bottled alternatives.
Sustainable practices
Sustainability emerged as a key focus in the late 2010s, due to the growing regulatory demands to tackle plastic waste. The European Union introduced the Single-Use Plastics Directive aimed at reducing plastic pollution. This encouraged bottled water companies to develop more eco-
friendly packaging solutions.
Companies profiled in the study
- Danone
- Niagara Bottling, LLC
- Nestle Waters
- PepsiCo Inc.
- The Coca-Cola Company
- VOSS of Norway AS
- Nongfu Spring
- Icelandic Glacial Inc.
- BlueTriton Brands, Inc.
- HANGZHOU WAHAHA GROUP CO., LTD.
Regional highlights
The bottled water market in the Asia-Pacific region is anticipated to experience the highest CAGR of 7.0% during the forecast period, capturing 27.0% of the market share in 2021. This growth is primarily influenced by rising demand for bottled water in countries like China, India, Japan, and Australia. China stands out as the leading consumer of bottled water, followed closely by India and Japan. Furthermore, global manufacturers view the Asia-Pacific market as highly appealing due to factors such as low labor costs, affordable expenses for establishing production facilities, and inexpensive bottled water. These aspects are fueling the growth of the bottled water industry in this area.
FAQs covered
Β· What are the upcoming trends in the global bottled water industry?
Β· Which is the largest regional market?
Β· What is the estimated size of the landscape?
Β· Which top companies in the market are profiled in the study?
The Allied Market Research report on the global bottled water sector offers key insights and newer perspectives on the landscape for stakeholders. Companies can use this information to
capitalize on growth opportunities, improve their product lines, and effectively strengthen their market positions through strategic moves to achieve their growth objectives.
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About UsΒ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting toΒ assistΒ its clientsΒ to makeΒ strategic business decisions andΒ achieveΒ sustainable growth in their respective market domain.Β
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with variousΒ companiesΒ and this helps us in digging out market data that helps us generateΒ accurateΒ research data tables and confirms utmost accuracy in our market forecasting.Β Each and everyΒ data presented in the reports published by us is extracted through primary interviews with top officials from leading companies ofΒ domainΒ concerned. Our secondary data procurementΒ methodologyΒ includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.Β




