IMARC Group's report titled "Bottled Water Market Report by Product Type (Still, Carbonated, Flavored, Mineral), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Direct Sales, On-Trade, and Others), Packaging Type (PET Bottles, Metal Cans, and Others), and Region 2024-2032". The global bottled water market size reached US$ 255.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 455.5 Billion by 2032, exhibiting a growth rate (CAGR) of 6.5% during 2024-2032. For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/bottled-water-market/requestsample Factors Affecting the Growth of the Bottled Water Industry: Emerging Health and Hydration Trends: The bottled water industry is currently experiencing strong growth due to prevailing health and hydration trends. As consumers across the globe prioritize their well-being, bottled water is emerging as their preferred choice as a healthier alternative to sugary and calorie-laden beverages. This trend has been further fueled by increasing awareness of the importance of staying hydrated for overall health. The increased convenience and portability of bottled water allows consumers to easily quench their thirst on the go, in line with modern lifestyle, thereby driving market growth. Rising Environmental Concerns and Sustainable Packaging: Growing sustainable packaging initiatives are driving the bottled water industry towards growth. Concerns about single-use plastic waste have increased the demand for eco-friendly solutions. Many companies now use recycled plastics or biodegradable materials for their bottles. Brands adopting these sustainable practices attract environmentally conscious consumers, address concerns and contribute to market growth. The tension between convenience and environmental responsibility continues to shape industry strategies and offerings, supporting market growth. Convenience and Accessibility: The growth of the bottled water industry is also being driven by its unmatched convenience and accessibility. Bottled water is available in a variety of sizes and formats, providing consumers with a portable, safe hydration option. This convenience factor is especially attractive to individuals with active and busy lifestyles who want clean drinking water readily available. Additionally, in areas where tap water quality is a major concern, bottled water provides a reliable and accessible source of safe hydration. Marketing efforts highlighting the purity and safety of bottled water have further accelerated the rate of product adoption, sustaining its growth in the market. Leading Companies Operating in the Global Bottled Water Industry:
- Bisleri International Pvt. Ltd.
- Danone S.A.
- Gerolsteiner Brunnen GmbH & Co. KG
- Nestle S.A.
- Nongfu Spring (Yangshengtang Co. Ltd.)
- Otsuka Pharmaceutical Co. Ltd.
- PepsiCo Inc.
- Primo Water Corporation
- Tata Consumer Products Limited
- The Coca-Cola Company
- Still
- Carbonated
- Flavored
- Mineral
- Supermarkets/Hypermarkets
- Convenience Stores
- Direct Sales
- On-Trade
- Others
- PET Bottles
- Metal Cans
- Others
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa