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Bottled Water Market Size, Share, Industry, Forecast and outlook (2024-2031)
Bottled Water Market Overview
Global Bottled Water Market Projected to Reach US$ 388.3 Billion by 2031, Reports DataM Intelligence
The latest report from DataM Intelligence provides a comprehensive overview of the global bottled water market, estimating its value at US$ 252.6 billion in 2022 with a projected growth to US$ 388.3 billion by 2031. The market is expected to exhibit a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period spanning 2024 to 2031.
The competitive landscape of the bottled water market is intensifying with key players such as Bisleri International Pvt. Ltd., Nestle SA, The Coca-Cola Company Inc., and others actively participating in market operations. The report highlights the increasing demand for safe drinking water, driven by drinking water shortages in various regions, which in turn fuels product sales and stimulates market expansion.
Market Scope and Metrics
The report encompasses a detailed analysis of the bottled water market, including:
CAGR: 5.5%
Forecast Period: 2024-2031
Segments Covered: Product, Distribution Channel, Packaging, and Region
Regions Covered: North America, Europe, Asia-Pacific, South America, and Middle East & Africa
Fastest Growing Region: Asia-Pacific
Largest Region: North America
Insights Covered in the Report
The report offers valuable insights into the bottled water market dynamics, including:
- Competitive Landscape Analysis
- Company Profile Analysis
- Market Size, Share, and Growth
- Demand Trends
- Recent Developments
- Mergers and Acquisitions
- New Product Launches
- Growth Strategies
- Revenue Analysis
- Porter’s Analysis
- Pricing Analysis
- Regulatory Analysis
- Supply-Chain Analysis
- Other Key Insights
For more information and to access the sample report
Market Dynamics
The increasing consumer health concerns, coupled with rising awareness of health issues and the demand for safe drinking water, are driving market expansion. Consumer preferences shifting towards healthier alternatives and the rising consumption of packaged bottled water are expected to further propel market growth.
Segmentation Analysis
The global bottled water market is segmented based on product, distribution channel, packaging, and region. The report highlights the growing adoption of the off-trade segment, driven by consumer preferences and convenience factors.
Geographical Penetration
North America emerges as a significant market for bottled water, fueled by consumer preferences shifting away from sugary drinks. The region witnesses a surge in retail sales of bottled water as consumers seek alternatives to carbonated beverages.
Competitive Landscape
Key players in the global bottled water market include Bisleri International Pvt. Ltd., Nestle SA, The Coca-Cola Company Inc., and others, actively contributing to market growth and innovation.
Related Reports:
Bottled Water Testing Equipment Market
Bottled Water Processing Market
Carbonated Ready to Drink Tea Market
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