The bottled water market share is forecast to reach USD 102.44 billion, after growing at a CAGR of 5.88% during 2023-2027. The increased consumption of bottled water by urban consumers is analyzed to boost the addictions therapeutics market growth. Moreover, increasing packaging innovations in bottled water is the major trend enhancing the overall market demand for bottled water during the forecast period.
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Browse Technavio's 161-page report and in-depth TOC on "Bottled Water Market by product (still drinking water, sparkling water, and bottled spring water), distribution channel (off-trade and on-trade), and geography (APAC, North America, Europe, South America, and Middle East and Africa).
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Still drinking water: The market share growth by the still drinking water segment will be significant during the forecast period. Global still drinking water market is experiencing demand for on-the-go products due to the changes in consumer lifestyles.
Bottled spring water
APAC: 52% of market growth will develop from APAC during the forecast period. The growing trend of healthy living has led to an increase in the demand for water bottles with filters as they offer a healthier and safer drinking option compared with tap or bottled water.
Middle East and Africa
The bottled water market size will witness a YOY Growth Rate of 5.19% in 2023.
The rising concerns about plastic waste and its disposal will be a major challenge for the bottled water market during the forecast period.
Major key bottled water market players include: Bisleri International Pvt. Ltd, China Resources Cestbon Beverage China Co. Ltd., Danone SA, Eternal Beverages Inc., GANTEN AUSTRALIA PTY LTD., Gerolsteiner Brunnen GmbH and Co. KG, Icelandic Glacial Inc., Inner Mongolia Yili Industrial Group Co. Ltd., Keurig Dr Pepper Inc., Mountain Valley Spring Co. LLC, Nestle SA, Nongfu Springs Co. Ltd., Penta Water Co. LLC, PepsiCo Inc., Primo Water Corp., Starbucks Corp., The Coca Cola Co., The Wonderful Co. LLC, VEEN Waters Finland Oy, and VOSS of Norway AS
The report illustrates the lifecycle of the market, focusing on the adoption rates of the major regions such as the APAC, North America, Europe, South America, and Middle East and Africa.
Download the PDF sample report for highlights on the market size, growth momentum, regional growth opportunities, vendor analysis, and other factors influencing the market growth.
Precise market size estimation during the forecast period 2023-2027.
CAGR of the bottled water market forecast during 2023-2027.
Market-level data on units, average selling prices, and values of the bottled water market share.
Prediction of the upcoming trends, drivers, and factors that challenge the growth of the bottled water market.
Bottled water industry growth across APAC, North America, Europe, South America, and Middle East and Africa.