Global Bottled Water Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global bottled water market in its upcoming report titled, “Global Bottled Water Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global bottled water market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global bottled water market report has been segmented on the basis of product type and region.

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This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Bottled water is a type of drinking water that commonly comes in one time use PET bottles or glass bottle packaging. It is available in various types of packaging and water holding capacity from 100 ml to 10 liters. Packaging of bottled water is designed according to the end-users needs. There is different type of bottled water available such as sparkling water, mineral water, spring water, fluoridated water, etc. Bottled water is regulated by various government organizations such as Food and Drug Administration (FDA), Bureau of Indian Standards (BIS), Food Standards Australia New Zealand (FSANZ), etc.

Water is essential for survival of all living species. Individuals need to consume around 2 liters of water to keep themselves hydrated. Bottled water provides pure and non-contaminated water for consumption. Rising health awareness regarding the importance of drinking pure water is making individuals more inclined towards bottled water. Major factor driving the growth of the bottled water market is increasing demand for safe drinking water among consumers due to increasing awareness regarding diseases that spread by contaminated water such as cholera, typhoid, etc. Availability of carbonated and flavored bottled water is another factor fueling the growth of the global market. Changing lifestyle and rising disposable income are also propelling the growth of the market. Furthermore, growing retail sector and easy availability of bottled water are factors boosting the growth of the target market.

However, the high cost of bottled water compared to tap water and Bisphenol A (BPA) content in PET bottles that is harmful for the individual’s health which may hamper the growth of the global bottled water market.

Nonetheless, development of low cost bottled water with degradable packaging and the introduction of a new range of flavored bottled water can create higher revenue opportunities for players in the target market.

The North America accounts for the largest market share in terms of revenue, owing to increasing consumption of bottled water among consumers. In addition, the presence of large amount of manufacturers in this region is also a factor boosting the growth of the market. The Asia Pacific market is expected to witness a lucrative growth, especially in emerging economies, owing to increasing population and rising health awareness among individuals.

Global Bottled Water Market Segmentation:

By product type:

• Still Water
• Carbonated Water
• Functional Water
• Flavored Water

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa