Size of the bottled water market worth USD 510 billion by 2030 at

New York, U.S., July 27, 2022 (GLOBE NEWSWIRE) — Market overview

According to a comprehensive research report by Market Research Future (MRFR), “bottled water market Information by Type, Category, Distribution Channel and Region – Forecast to 2030the market is expected to acquire a size of over $510 billion by the end of 2030. The report further predicts that the market will thrive at a healthy CAGR of over 6.8% during the period of exam.

Market summary

Purified, contaminant-free drinking water packaged in bottles is known as bottled water. It is readily available at adjacent retail stores and supermarkets in plastic and glass water bottles and is the most convenient way for the body to meet its hydration needs. Rising expenditure per person and rapid urbanization are two significant factors accelerating the growth of the market. The number of consumers concerned about their well-being is increasing due to growing consumer awareness of the health benefits of drinking filtered water. The market share of bottled water is driven by an increase in illnesses caused by growing consumer demand, use of contaminated water, and consumer awareness of the health benefits of drinking filtered water.

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Report Scope:

Report attribute Details
Market size 2030 $510 billion
CAGR 6.8% (2020-2030)
base year 2019
Forecast period 2020-2030
Historical data 2018
Forecast units Value (USD billion)
Report cover Revenue forecasts, competitive landscape, growth factors and trends
Segments Covered by type, category, distribution channel and region
Geographical areas covered North America, Europe, Asia-Pacific and Rest of the World (RoW)
Key Market Drivers Increased open mindfulness of medical issues in nations
modernization expansion

Market Competitive Landscape:

The main competitors in the bottled water market are:

  • PepsiCo
  • Danone
  • Nestle Waters
  • Hangzhou Wahaha Group.
  • Sunny Delight Beverage Company
  • CG Roxane, LLC
  • Icelandic glacier.
  • Catalan Society of Vichy
  • Bebidas SA
  • SUNTORY BEVERAGE & FOOD LIMITED
  • Mountain Valley Spring Company
  • The Coca-Cola Company
  • Balance Trading Company
  • VOSS WATER
  • FIJI Water Company LLC and AJE

Covered USP market:

Market factors:

The demand for bottled water has increased as people become more aware of waterborne diseases such as malaria, typhoid, dysentery, food poisoning, etc. neurological diseases, reproductive problems and gastrointestinal diseases. This could fuel the bottled water market during the expected growth period. Factors such as an increase in urban population, higher disposable income, higher standard of living, and development of environment-friendly container materials are significant drivers for the expansion of the water market in a bottle.

Because customers place more importance on health and wellness, nutrient-enriched water is becoming increasingly popular. Demand from business travellers, working professionals and domestic consumption has increased. Products with labels such as “alkaline”, “rich in electrolytes”, “fortified”, “caffeinated water” and “fortified with hydrogen or supplemental oxygen” have gained popularity over the years. last years.

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Market constraints:

However, it is anticipated that increased efforts to reduce environmental contamination caused by improper disposal of plastic water bottles could hamper market expansion. There are health risks associated with drinking bottled water. Due to the high energy requirements for extracting, processing and bottling water, bottled water manufacturers are coming under increasing pressure from environmentalists for their manufacturing practices. The environmental damage caused by improper disposal of plastic bottles adds another layer to this problem and will likely limit future expansion of the bottled water industry in the United States.

COVID 19 analysis

The bottled water industry has faced logistical challenges due to numerous government regulations around the world to combat COVID-19. More than a year and a half has passed since the first global outbreak of COVID-19. This involves increasing bottling capacity, acquiring more supplies for production and packaging, and speaking with retailers to gauge demand. Due to the risk of illness among employees, some bottled water manufacturing companies have either closed or reduced operations. Because of this, bottled water manufacturing has declined, which was already down due to the COVID-19 pandemic.

During the first few months of shutdown, demand for bottled water increased as customers stockpiled supplies in anticipation of shutdowns and shortages. However, losses in the global tourism industry soon led to lower sales and a further reduction in the trend. However, due to the increase in demand for bottled water in food outlets and restaurants, lifting the ban following the COVID-19 scenario could improve the performance of the industry. bottled water. Additionally, consumers are increasingly aware of good cleanliness and health practices, which is expected to increase the demand for bottled water post-pandemic.

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Market segmentation

By product type

The largest market category for bottled water in the world is still packaged drinking water.

Per package

The fastest growing bottled water sector is plastic bottles.

By package size

The main market category for bottled water in the world was 500ml and above.

By request

The largest sector of the bottled water market was that of fillers and cappers.

By technology

The market category for RO bottled water was the strongest.

Regional outlook

The highest CAGR is predicted for the bottled water market in Asia-Pacific. The rise in demand for bottled water in countries like China, India, Japan, Australia and others is the cause. After the use of bottled water in China, there are countries like India and Japan. Asia-Pacific is also a desirable market for manufacturers around the world due to low labor costs, start-up costs for manufacturing facilities, and low prices for bottled water. These elements are fueling the demand for bottled water in this area.

The incorporation of vital components like proteins, vitamins, amino acids and minerals in different functional drinks is responsible for the surge in demand for fortified drinks. The market is expected to grow due to the launch of new inventive functional water types by beverage companies that produce water using mixtures of modified proteins and minerals. Because it appeals to health-conscious consumers, available water is gradually becoming an important commercial and popular beverage category in the North American region, including the United States and Canada. As a result, the demand for bottled water is increasing. As a result, the demand for bottled water is increasing. Major producers and traders in the country have started promoting functional water as a substitute for fruit juices and soft drinks.

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