Bottled Water Market Size, Trends and Insights By Product Type (Still Water, Sparkling Water, Functional Water, Others), By Capacity Type (3 Gallons, 5 Gallons, Others), By Packaging Type (PET, Cans, Others), By Distribution Channel (Off-trade, Supermarkets & Hypermarkets, Convenience Stores, Grocery Stores, Others, On-trade, Online, Restaurant/Hotels, Cafes, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Água Mineral
- Alba Suntory Beverage & Food Ltd.
- Bisleri International
- BlueTriton Brands Inc.
- DANONE
- Others
Reports Description
Global Bottled Water Market was valued at USD 333.2 Billion in 2023 and is expected to reach USD 538.9 Billion by 2032, at a CAGR of 5.67% during the forecast period 2023 – 2032.
Bottled water is packaged drinking water that meets all applicable government, regional, and country standards. It is sealed in a sanitary container and is sold for human consumption. Bottled water is drinking water packaged in plastic or glass water bottles. Sizes range from small single serving bottles to containers.
Market Drivers
Increasing Concerns about Gastrointestinal Diseases
The increasing prevalence of gastrointestinal diseases across the globe is mainly driving the bottled water market. Gastrointestinal (GI) symptoms are widespread and carry heavy economic and social consequences.
According to data published by the United States, Centre for Disease Control and Prevention organization in the United States 11% of the population suffer from a chronic digestive disease, with a prevalence rate as high as 35% for those 65 years and over. These diseases are caused by to consumption of contaminated water.
Thus, such growing incidences of gastrointestinal diseases are boosting the demand for bottled water during the forecast period.
Growing awareness about health and Increasing Preferences for Nutrient Fortified Water
Growing disposable income across emerging economies such as China, India, South Korea, and Brazil, is creating awareness about health, which in turn boosts the demand for bottled water because it is purified, deionized, and demineralized.
This water is free from pollutants and potable. According to the United Nations, some 2.2 billion people across the globe do not have access to safe drinking water. Developing nations depend on bottled water to make up for this shortfall. Such factors are augmenting the overall market growth during the forecast period.
Drinking water scarcity in several regions further necessitates demand for safe drinking water. For instance, Egypt, facing water scarcity, was the fastest growing market for treated bottled water from 2018 to 2021, the UNU report said.
People are giving preferences for nutrient fortified water because fortified water contains protein, amino acids, electrolytes, vitamins and minerals, or bioactive botanicals. Due to such functional benefits, demand for nutrient fortified water is increasing across the globe, thereby driving market growth.
Market Restraints
Bottled water is manufactured by using various raw materials such as PET, HDPE and Others. Stringent regulations related to these materials across the globe are restraining the bottled water market during the forecast period. Improper disposable of bottled water is creating an environmental population, which in turn restraining the market growth.
Furthermore, less adaptation of bottled water in many underdeveloped countries, and the lack of universal directives about packaging and mineral content of bottled water are also restraining the market growth.
Market Opportunities
Growing Awareness about Health and Wellness
Disposable income is increasing across the globe, which in turn creates awareness about health and well ness in many developed and developing countries such as U.S., Canada, France, Germany, China, India, and Japan among others. People are increasingly focusing on their health and wellness due to growing disposable income, which in turn boosts the demand for purified and ultra-purified bottled water across the globe.
Increasing demand for bottled water among travellers, working professionals, and in-house consumers due to the ease and convenience of these bottles is expected to create lucrative opportunities for the market during the forecast period.
Furthermore, innovation in product development such as the introduction of various flavours of water such as alkaline, electrolyte-rich, fortified, and caffeinated water, fortified with additional hydrogen or oxygen is expected to create more opportunities during the forecast period.
Bottled Water Market Segmentation Analysis
Global Bottled Water market is segmented by product type, packaging type, capacity type, distribution channel and region. By Product type market is further sub segmented into still water, sparkling water, functional water, and others. Among all these, still, water held the highest market share in 2022 and is expected to keep its dominance during the forecast period.
Still, water is effective and prevents various diseases such as dysentery, diarrhea, and typhoid. The still water does not contain dissolved carbon dioxide. It contains fluoride which prevents tooth decay. Sparkling water held the second largest market in 2022.
The functional water segment is expected to grow at the highest CAGR during the forecast period. Due to an increasing awareness about health and wellness consumers are becoming increasingly conscious of their overall health and wellness and actively seeking out functional beverages that can support their specific health goals.
By packaging type, the PET packaging segment held the highest market share in 2022 and is expected to keep its dominance during the forecast period owing to the low cost of PET packaging as compared to other packaging materials. PET packaging material is easily available, lightweight and cost effective due to these benefits their utilization is increasing in bottle packaging, thereby boosting market growth.
By distribution channel market is segmented into on trade and off trade distribution channel segments. Off trade distribution channel segment held the highest market share in 2022 and is expected to keep its dominance during the forecast period. Off trade distribution channels include supermarkets/hypermarkets, speciality stores, grocery stores etc. Growing number of these stores globally is expected to boost the growth of this segment during the forecast period.
Bottled Water Market Regional Insight
By region, bottled water market is segmented into Asia Pacific, Europe, North America, Middle East & Africa and Latin America. Asia Pacific held the highest market share of 42.00% in 2022 and is expected to keep its dominance during the forecast period.
Factors such as growing disposable income, changing lifestyle, increasing working population and increasing awareness about health in many emerging countries such as China, India, Japan, South Korea, Indonesia, Singapore, Australia and Vietnam are boosting the growth in this region.
According to the United Nations, India was the 12th largest consumer of bottled water in the world by value and the 14th biggest by volume in 2022. Furthermore, in 2022 Singapore and Australia were the biggest per capita consumers of bottled water at 1,129 litres and 504 litres a year respectively, according to the same report. Thus, such increasing consumption of bottled water in these countries is expected to drive market growth in this region.
North America held the second largest market share in 2022 and is expected to keep its position during the forecast period owing to increasing demand for bottled water in the U.S. and Canada. Increasing awareness about health and wellness among people in this region is mainly driving the bottled water market growth during the forecast period.
Europe held the third largest market share in 2022 and is expected to grow at a significant CAGR during the forecast period. Major countries such as Germany, France, Russia, Spain, the UK and the Netherlands are prominent consumers of bottled water in this region.
Rapidly growing tourism European tourism industry is attracting millions of tourists every year. These tourists prefer bottled water for reliable and safe drinking, which in turn is expected to boost the demand for the bottled water market, thereby market growth.
Middle East & Africa and Latin America region are expected to grow at a steady growth rate during the forecast period.
Report Scope
| Feature of the Report | Details |
| Market Size in 2023 | USD 333.2 Billion |
| Projected Market Size in 2032 | USD 538.9 Billion |
| Market Size in 2022 | USD 310.45 Billion |
| CAGR Growth Rate | 5.67% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Product Type, Capacity Type, Packaging Type, Distribution Channel and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Bottled Water Market Competitive Landscape
- Água Mineral
- Alba Suntory Beverage & Food Ltd.
- Bisleri International
- BlueTriton Brands Inc.
- DANONE
- FIJI Water Company LLC
- Gerolsteiner Brunnen GmbH & Co. KG
- Groupe Danone
- Himalayan Oxyrich
- Kaiary Angosto
- Keurig Dr Pepper Inc.
- Kona Deep
- Mountain Valley Spring Company LLC
- National Beverage Corp.
- Nestle Waters
- Nongfu Spring
- Parle Agro
- PepsiCo
- Perrier KHS Group
- Primo Water Corporation
- Tata Global Beverages Ltd. (TGBL)
- The Coca-Cola Company
- Unicer-Bebidas SA Grupo
- VOSS WATER
- Others
These key players are adopting various organic and inorganic growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
Recent Developments in Market
- In Oct 2022, The Coca-Cola Company entered in Chinese market and launched premium vapour distilled bottled water. Through this new product, Coca- Cola will enhance its presence in the Chinese market.
- In Mar 2023, Tata Consumer Products is announced to make substantial investments in its mineral water brands, such as Tata Copper+ and Himalayan. The development comes at a time when its plans to acquire leading bottled water brand Bisleri could not come to fruition. Through this investment, Tata consumer product is aiming to strengthen its product portfolio in the Indian Market.
Global Bottled Water Market Segmentation-
By Product Type
- Still Water
- Sparkling Water
- Functional Water
- Others
By Capacity Type
- 3 Gallons
- 5 Gallons
- Others
By Packaging Type
- PET
- Cans
- Others
By Distribution Channel
- Off-trade
- Supermarkets & Hypermarkets
- Convenience Stores
- Grocery Stores
- Others
- On-trade
- Online
- Restaurant/Hotels
- Cafes
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Bottled Water Market, (2024 – 2033) (USD Billion)
- 2.2 Global Bottled Water Market: snapshot
- Chapter 3. Global Bottled Water Market – Industry Analysis
- 3.1 Bottled Water Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Increasing Concerns about Gastrointestinal Diseases
- 3.2.2 Growing awareness about health and Increasing Preferences for Nutrient Fortified Water
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product Type
- 3.7.2 Market Attractiveness Analysis By Capacity Type
- 3.7.3 Market Attractiveness Analysis By Packaging Type
- 3.7.4 Market Attractiveness Analysis By Distribution Channel
- Chapter 4. Global Bottled Water Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Bottled Water Market: Company Market Share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Bottled Water Market – Product Type Analysis
- 5.1 Global Bottled Water Market Overview: By Product Type
- 5.1.1 Global Bottled Water Market Share, By Product Type, 2022 and – 2033
- 5.2 Still Water
- 5.2.1 Global Bottled Water Market by Still Water, 2024 – 2033 (USD Billion)
- 5.3 Sparkling Water
- 5.3.1 Global Bottled Water Market by Sparkling Water, 2024 – 2033 (USD Billion)
- 5.4 Functional Water
- 5.4.1 Global Bottled Water Market by Functional Water, 2024 – 2033 (USD Billion)
- 5.5 Others
- 5.5.1 Global Bottled Water Market by Others, 2024 – 2033 (USD Billion)
- 5.1 Global Bottled Water Market Overview: By Product Type
- Chapter 6. Global Bottled Water Market – Capacity Type Analysis
- 6.1 Global Bottled Water Market Overview: By Capacity Type
- 6.1.1 Global Bottled Water Market Share, By Capacity Type, 2022 and – 2033
- 6.2 3 Gallons
- 6.2.1 Global Bottled Water Market by 3 Gallons, 2024 – 2033 (USD Billion)
- 6.3 5 Gallons
- 6.3.1 Global Bottled Water Market by 5 Gallons, 2024 – 2033 (USD Billion)
- 6.4 Others
- 6.4.1 Global Bottled Water Market by Others, 2024 – 2033 (USD Billion)
- 6.1 Global Bottled Water Market Overview: By Capacity Type
- Chapter 7. Global Bottled Water Market – Packaging Type Analysis
- 7.1 Global Bottled Water Market Overview: By Packaging Type
- 7.1.1 Global Bottled Water Market Share, By Packaging Type, 2022 and – 2033
- 7.2 PET
- 7.2.1 Global Bottled Water Market by PET, 2024 – 2033 (USD Billion)
- 7.3 Cans
- 7.3.1 Global Bottled Water Market by Cans, 2024 – 2033 (USD Billion)
- 7.4 Others
- 7.4.1 Global Bottled Water Market by Others, 2024 – 2033 (USD Billion)
- 7.1 Global Bottled Water Market Overview: By Packaging Type
- Chapter 8. Global Bottled Water Market – Distribution Channel Analysis
- 8.1 Global Bottled Water Market Overview: By Distribution Channel
- 8.1.1 Global Bottled Water Market Share, By Distribution Channel, 2022 and – 2033
- 8.2 Off-trade
- 8.2.1 Global Bottled Water Market by Off-trade, 2024 – 2033 (USD Billion)
- 8.3 Supermarkets & Hypermarkets
- 8.3.1 Global Bottled Water Market by Supermarkets & Hypermarkets, 2024 – 2033 (USD Billion)
- 8.4 Convenience Stores
- 8.4.1 Global Bottled Water Market by Convenience Stores, 2024 – 2033 (USD Billion)
- 8.5 Grocery Stores
- 8.5.1 Global Bottled Water Market by Grocery Stores, 2024 – 2033 (USD Billion)
- 8.6 Others
- 8.6.1 Global Bottled Water Market by Others, 2024 – 2033 (USD Billion)
- 8.7 On-trade
- 8.7.1 Global Bottled Water Market by On-trade, 2024 – 2033 (USD Billion)
- 8.8 Online
- 8.8.1 Global Bottled Water Market by Online, 2024 – 2033 (USD Billion)
- 8.9 Restaurant/Hotels
- 8.9.1 Global Bottled Water Market by Restaurant/Hotels, 2024 – 2033 (USD Billion)
- 8.10 Cafes
- 8.10.1 Global Bottled Water Market by Cafes, 2024 – 2033 (USD Billion)
- 8.11 Others
- 8.11.1 Global Bottled Water Market by Others, 2024 – 2033 (USD Billion)
- 8.1 Global Bottled Water Market Overview: By Distribution Channel
- Chapter 9. Bottles Water Market – Regional Analysis
- 9.1 Global Bottles Water Market Regional Overview
- 9.2 Global Bottles Water Market Share, by Region, 2022 & – 2033 (USD Billion)
- 9.3. North America
- 9.3.1 North America Bottles Water Market, 2024 – 2033 (USD Billion)
- 9.3.1.1 North America Bottles Water Market, by Country, 2024 – 2033 (USD Billion)
- 9.3.1 North America Bottles Water Market, 2024 – 2033 (USD Billion)
- 9.4 North America Bottles Water Market, by Product Type, 2024 – 2033
- 9.4.1 North America Bottles Water Market, by Product Type, 2024 – 2033 (USD Billion)
- 9.5 North America Bottles Water Market, by Capacity Type, 2024 – 2033
- 9.5.1 North America Bottles Water Market, by Capacity Type, 2024 – 2033 (USD Billion)
- 9.6 North America Bottles Water Market, by Packaging Type, 2024 – 2033
- 9.6.1 North America Bottles Water Market, by Packaging Type, 2024 – 2033 (USD Billion)
- 9.7 North America Bottles Water Market, by Distribution Channel, 2024 – 2033
- 9.7.1 North America Bottles Water Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 9.8. Europe
- 9.8.1 Europe Bottles Water Market, 2024 – 2033 (USD Billion)
- 9.8.1.1 Europe Bottles Water Market, by Country, 2024 – 2033 (USD Billion)
- 9.8.1 Europe Bottles Water Market, 2024 – 2033 (USD Billion)
- 9.9 Europe Bottles Water Market, by Product Type, 2024 – 2033
- 9.9.1 Europe Bottles Water Market, by Product Type, 2024 – 2033 (USD Billion)
- 9.10 Europe Bottles Water Market, by Capacity Type, 2024 – 2033
- 9.10.1 Europe Bottles Water Market, by Capacity Type, 2024 – 2033 (USD Billion)
- 9.11 Europe Bottles Water Market, by Packaging Type, 2024 – 2033
- 9.11.1 Europe Bottles Water Market, by Packaging Type, 2024 – 2033 (USD Billion)
- 9.12 Europe Bottles Water Market, by Distribution Channel, 2024 – 2033
- 9.12.1 Europe Bottles Water Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 9.13. Asia Pacific
- 9.13.1 Asia Pacific Bottles Water Market, 2024 – 2033 (USD Billion)
- 9.13.1.1 Asia Pacific Bottles Water Market, by Country, 2024 – 2033 (USD Billion)
- 9.13.1 Asia Pacific Bottles Water Market, 2024 – 2033 (USD Billion)
- 9.14 Asia Pacific Bottles Water Market, by Product Type, 2024 – 2033
- 9.14.1 Asia Pacific Bottles Water Market, by Product Type, 2024 – 2033 (USD Billion)
- 9.15 Asia Pacific Bottles Water Market, by Capacity Type, 2024 – 2033
- 9.15.1 Asia Pacific Bottles Water Market, by Capacity Type, 2024 – 2033 (USD Billion)
- 9.16 Asia Pacific Bottles Water Market, by Packaging Type, 2024 – 2033
- 9.16.1 Asia Pacific Bottles Water Market, by Packaging Type, 2024 – 2033 (USD Billion)
- 9.17 Asia Pacific Bottles Water Market, by Distribution Channel, 2024 – 2033
- 9.17.1 Asia Pacific Bottles Water Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 9.18. Latin America
- 9.18.1 Latin America Bottles Water Market, 2024 – 2033 (USD Billion)
- 9.18.1.1 Latin America Bottles Water Market, by Country, 2024 – 2033 (USD Billion)
- 9.18.1 Latin America Bottles Water Market, 2024 – 2033 (USD Billion)
- 9.19 Latin America Bottles Water Market, by Product Type, 2024 – 2033
- 9.19.1 Latin America Bottles Water Market, by Product Type, 2024 – 2033 (USD Billion)
- 9.20 Latin America Bottles Water Market, by Capacity Type, 2024 – 2033
- 9.20.1 Latin America Bottles Water Market, by Capacity Type, 2024 – 2033 (USD Billion)
- 9.21 Latin America Bottles Water Market, by Packaging Type, 2024 – 2033
- 9.21.1 Latin America Bottles Water Market, by Packaging Type, 2024 – 2033 (USD Billion)
- 9.22 Latin America Bottles Water Market, by Distribution Channel, 2024 – 2033
- 9.22.1 Latin America Bottles Water Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 9.23. The Middle East and Africa
- 9.23.1 The Middle-East and Africa Bottles Water Market, 2024 – 2033 (USD Billion)
- 9.23.1.1 The Middle-East and Africa Bottles Water Market, by Country, 2024 – 2033 (USD Billion)
- 9.23.1 The Middle-East and Africa Bottles Water Market, 2024 – 2033 (USD Billion)
- 9.24 The Middle-East and Africa Bottles Water Market, by Product Type, 2024 – 2033
- 9.24.1 The Middle-East and Africa Bottles Water Market, by Product Type, 2024 – 2033 (USD Billion)
- 9.25 The Middle-East and Africa Bottles Water Market, by Capacity Type, 2024 – 2033
- 9.25.1 The Middle-East and Africa Bottles Water Market, by Capacity Type, 2024 – 2033 (USD Billion)
- 9.26 The Middle-East and Africa Bottles Water Market, by Packaging Type, 2024 – 2033
- 9.26.1 The Middle-East and Africa Bottles Water Market, by Packaging Type, 2024 – 2033 (USD Billion)
- 9.27 The Middle-East and Africa Bottles Water Market, by Distribution Channel, 2024 – 2033
- 9.27.1 The Middle-East and Africa Bottles Water Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- Chapter 10. Company Profiles
- 10.1 Água Mineral
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.2 Alba Suntory Beverage & Food Ltd.
- 10.2.1 Overview
- 10.2.2 Financials
- 10.2.3 Product Portfolio
- 10.2.4 Business Strategy
- 10.2.5 Recent Developments
- 10.3 Bisleri International
- 10.3.1 Overview
- 10.3.2 Financials
- 10.3.3 Product Portfolio
- 10.3.4 Business Strategy
- 10.3.5 Recent Developments
- 10.4 BlueTriton Brands Inc.
- 10.4.1 Overview
- 10.4.2 Financials
- 10.4.3 Product Portfolio
- 10.4.4 Business Strategy
- 10.4.5 Recent Developments
- 10.5 DANONE
- 10.5.1 Overview
- 10.5.2 Financials
- 10.5.3 Product Portfolio
- 10.5.4 Business Strategy
- 10.5.5 Recent Developments
- 10.6 FIJI Water Company LLC
- 10.6.1 Overview
- 10.6.2 Financials
- 10.6.3 Product Portfolio
- 10.6.4 Business Strategy
- 10.6.5 Recent Developments
- 10.7 Gerolsteiner Brunnen GmbH & Co. KG
- 10.7.1 Overview
- 10.7.2 Financials
- 10.7.3 Product Portfolio
- 10.7.4 Business Strategy
- 10.7.5 Recent Developments
- 10.8 Groupe Danone
- 10.8.1 Overview
- 10.8.2 Financials
- 10.8.3 Product Portfolio
- 10.8.4 Business Strategy
- 10.8.5 Recent Developments
- 10.9 Himalayan Oxyrich
- 10.9.1 Overview
- 10.9.2 Financials
- 10.9.3 Product Portfolio
- 10.9.4 Business Strategy
- 10.9.5 Recent Developments
- 10.10 Kaiary Angosto
- 10.10.1 Overview
- 10.10.2 Financials
- 10.10.3 Product Portfolio
- 10.10.4 Business Strategy
- 10.10.5 Recent Developments
- 10.11 Keurig Dr Pepper Inc.
- 10.11.1 Overview
- 10.11.2 Financials
- 10.11.3 Product Portfolio
- 10.11.4 Business Strategy
- 10.11.5 Recent Developments
- 10.12 Kona Deep
- 10.12.1 Overview
- 10.12.2 Financials
- 10.12.3 Product Portfolio
- 10.12.4 Business Strategy
- 10.12.5 Recent Developments
- 10.13 Mountain Valley Spring Company LLC
- 10.13.1 Overview
- 10.13.2 Financials
- 10.13.3 Product Portfolio
- 10.13.4 Business Strategy
- 10.13.5 Recent Developments
- 10.14 National Beverage Corp.
- 10.14.1 Overview
- 10.14.2 Financials
- 10.14.3 Product Portfolio
- 10.14.4 Business Strategy
- 10.14.5 Recent Developments
- 10.15 Nestle Waters
- 10.15.1 Overview
- 10.15.2 Financials
- 10.15.3 Product Portfolio
- 10.15.4 Business Strategy
- 10.15.5 Recent Developments
- 10.16 Nongfu Spring
- 10.16.1 Overview
- 10.16.2 Financials
- 10.16.3 Product Portfolio
- 10.16.4 Business Strategy
- 10.16.5 Recent Developments
- 10.17 Parle Agro
- 10.17.1 Overview
- 10.17.2 Financials
- 10.17.3 Product Portfolio
- 10.17.4 Business Strategy
- 10.17.5 Recent Developments
- 10.18 PepsiCo
- 10.18.1 Overview
- 10.18.2 Financials
- 10.18.3 Product Portfolio
- 10.18.4 Business Strategy
- 10.18.5 Recent Developments
- 10.19 Perrier KHS Group
- 10.19.1 Overview
- 10.19.2 Financials
- 10.19.3 Product Portfolio
- 10.19.4 Business Strategy
- 10.19.5 Recent Developments
- 10.20 Primo Water Corporation
- 10.20.1 Overview
- 10.20.2 Financials
- 10.20.3 Product Portfolio
- 10.20.4 Business Strategy
- 10.20.5 Recent Developments
- 10.21 Tata Global Beverages Ltd. (TGBL)
- 10.21.1 Overview
- 10.21.2 Financials
- 10.21.3 Product Portfolio
- 10.21.4 Business Strategy
- 10.21.5 Recent Developments
- 10.22 The Coca-Cola Company
- 10.22.1 Overview
- 10.22.2 Financials
- 10.22.3 Product Portfolio
- 10.22.4 Business Strategy
- 10.22.5 Recent Developments
- 10.23 Unicer-Bebidas SA Grupo
- 10.23.1 Overview
- 10.23.2 Financials
- 10.23.3 Product Portfolio
- 10.23.4 Business Strategy
- 10.23.5 Recent Developments
- 10.24 VOSS WATER
- 10.24.1 Overview
- 10.24.2 Financials
- 10.24.3 Product Portfolio
- 10.24.4 Business Strategy
- 10.24.5 Recent Developments
- 10.25 Others.
- 10.25.1 Overview
- 10.25.2 Financials
- 10.25.3 Product Portfolio
- 10.25.4 Business Strategy
- 10.25.5 Recent Developments
- 10.1 Água Mineral
List Of Figures
Figures No 1 to 38
List Of Tables
Tables No 1 to 102
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2032
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
|
|
| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- Água Mineral
- Alba Suntory Beverage & Food Ltd.
- Bisleri International
- BlueTriton Brands Inc.
- DANONE
- FIJI Water Company LLC
- Gerolsteiner Brunnen GmbH & Co. KG
- Groupe Danone
- Himalayan Oxyrich
- Kaiary Angosto
- Keurig Dr Pepper Inc.
- Kona Deep
- Mountain Valley Spring Company LLC
- National Beverage Corp.
- Nestle Waters
- Nongfu Spring
- Parle Agro
- PepsiCo
- Perrier KHS Group
- Primo Water Corporation
- Tata Global Beverages Ltd. (TGBL)
- The Coca-Cola Company
- Unicer-Bebidas SA Grupo
- VOSS WATER
- Others
FAQs
The stringent regulation pertaining to PET packaging material is major restraint in global bottled water market.
The growing demand for nutrient fortified bottled Water is major driver in global bottled water market.
The “Still Water” category dominated the market in 2022.
The key players in the market are Água Mineral, Alba Suntory Beverage & Food Ltd., Bisleri International, BlueTriton Brands Inc., DANONE, FIJI Water Company LLC, Gerolsteiner Brunnen GmbH & Co. KG, Groupe Danone, Himalayan Oxyrich, Kaiary Angosto, Keurig Dr Pepper Inc., Kona Deep, Mountain Valley Spring Company LLC, National Beverage Corp., Nestle Waters, Nongfu Spring, Parle Agro, PepsiCo, Perrier KHS Group, Primo Water Corporation, Tata Global Beverages Ltd. (TGBL), The Coca-Cola Company, Unicer-Bebidas SA Grupo, VOSS WATER, Others.
“Asia Pacific” had the largest share in the Bottled Water Market.
The global market is projected to grow at a CAGR of 5.67% during the forecast period, 2023-2032.
The Bottled Water Market size was valued at USD 333.2 Billion in 2023.