The global bottled water market was valued at USD 292,368.0 million in 2019. Increase in awareness regarding health benefits offered by bottled water, rapid urbanization, surging cases of diseases caused due to consumption of contaminated water across the globe are key factors driving the global bottled water market.
Drinking bottled water has become a trivial habit in many people’s everyday lives. Growing awareness regarding the need to ensure safe drinking water has multiplied in the recent past. Small and medium enterprises (SMEs) have mushroomed in manufacturing ecofriendly and large bottles of water. Bottled water is sold in different quantities such as 200-250 ml pouches, 500 ml, 1 litre, 2 litre in bottles, and 20 to 50 litre in barrels. Increase in per capita spending, rapid urbanization, growing awareness among consumers regarding health benefits of consuming bottled water coupled with increasing preference for active lifestyle are some of the key factors expected to drive the global bottled water market in the next few years. On the other hand, environment impact of plastic bottles and stringent government regulations major growth restraining factors for bottled water market. Moreover, the high costs required to set up systems for producing bottled water commodities is immensely hampering the market. Several count of regions might depict a lack of trained professionals and a shortage of equipment that is required to procure the right kind of material used to make bottles. However, the small scale companies are gradually introducing cost-effective process to manufacture water bottle which could might sound as an offset to most of the restraints.
The global bottled water market has been segmented based on product, and region. Based on product, the global bottled water market is categorized into sparkling water, spring water, purified water, mineral water and others. Mineral water segment held majority of the market share in 2019. Geographically, North America dominated the global bottled water market in 2019, however, Asia Pacific is expected to be the fastest growing region by 2028.
Key players operating in the global bottled water market include Nestle Waters, The Coca-Cola Company, Nongfu Spring, Danone Waters of America, Inc., Bisleri International Pvt. Ltd., Vichy Catalan Corporation, Mountain Valley Spring Company, PepsiCo, Icelandic Glacial, GEROLSTEINER BRUNNEN GMBH & CO. KG, Hangzhou Wahaha Group., VOSS WATER, and FIJI Water Company LLC among others.
Bottled Water Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 292,368.0 million|
|Growth Rate||CAGR of 6.7% during 2021-2028|
|Segment Covered||Product, Regions|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Key Players Profiled||Coca-Cola Company, Nongfu Spring, Danone Waters of America, Inc., Nestle Waters, Bisleri International Pvt. Ltd., Mountain Valley Spring Company, PepsiCo, Vichy Catalan Corporation, Icelandic Glacial, GEROLSTEINER BRUNNEN GMBH & CO. KG, Hangzhou Wahaha Group., VOSS WATER, and FIJI Water Company among others.|
Key Segments of the Global Bottled Water Market
Product Overview, 2018-2028 (USD Million)
- Spring Water
- Sparkling Water
- Purified Water
- Mineral Water
Regional Overview, 2018-2028 (USD Million)
- North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
Reasons for the study
- Growing consumer awareness regarding health benefits of consuming bottled water
- Increase in incidences of water-borne diseases
- Rapid urbanization and increase in per capita spending
- Surging health-conscious population
What does the report include?
- The study on the global bottled water market includes qualitative insights such as drivers, restraints, challenges and opportunities
- Additionally, the market has been evaluated using the Porter’s Five Forces analysis
- The study covers qualitative and quantitative analysis of the market segmented on the basis of product, and region. Moreover, the study on bottled water market provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments
- The study includes the profiles of key players operating in the market with a significant global and/or regional presence
Who should buy this report?
- The report on the global bottled water market is suitable for all the players across the value chain including raw material suppliers, food and beverage industries, manufacturers, healthcare organizations, distributors, suppliers and technology geeks
- Venture capitalists and investors looking for more information on the future outlook of the global bottled water market
- Consultants, analysts, researchers, and academicians looking for insights shaping the global bottled water market
The concept of bottled water came into existence in the early 1900s in Western countries and mid of 1970s in India. Initially bottled water was viewed as choice of rich people. However, unavailability of clean drinking water, increasing health concerns, increasing awareness of health benefits among consumers has led fueled the demand for bottled water. Consumption is high in countries with problematic water supply and/or countries where bottled water in the form of branded products with special properties (e.g., a high mineral content) has long been established. Growing trend towards health and wellness across many countries will offer immense growth opportunities for bottled water in the coming years. Moreover, increase in burden of water-borne diseases caused due to intake of contaminated water has further stimulated the demand for bottled water. Moreover, there are numerous domestic and international industry players offering wide range of bottled water which will further boost market expansion in the coming few years.
The global bottled water market has been segmented based on product, and region. Based on product, the global bottled water market is categorized into spring water, purified water, sparkling water, mineral water, and others. Mineral water segment held substantial share of the market in 2019 owing to increase in product demand because of high nutrient value. Sparkling water segment will witness significant growth owing to its increased demand fueled by rapid shift towards healthy drinks.
Spring water segment is expected to grow at a rapid pace owing to growing concerns regarding artificial sweeteners and sugars in carbonated drinks. Purified water segment witness huge demand from developing regions such as Asia Pacific and Middle East and Africa.
The global bottled water market is cumulative to North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America dominated the global bottled water market in 2019, however Asia Pacific is expected to grow at a highest pace through 2028.
Increase in per capita expenditure, growing preference of consumers towards bottled water as a healthy alternative to other packaged beverages such as carbonated drinks and juices will drive the growth of bottled water market in North America. Furthermore, presence of key industry players are other major factors likely to boost the growth of the market in North America.
However, Asia Pacific is expected to grow at a rapid pace over the next few years. There is a strong growth potential in the emerging economies such as India, and China. Burgeoning population, phenomenal increase in tourism coupled with shortage and improper quality of drinking water will augment the growth of bottled water industry in these countries. Rapid urbanization along with presence of large bottling units in India will further augment growth of bottled water market in the region.