The global Bottled market size is expected to be worth around US$ 505.19 billion by 2030, according to a new report by Vision Research Reports.
The global Bottled market size was valued at US$ 217.66 billion in 2020 and is anticipated to grow at a CAGR of 11.5% during forecast period 2021 to 2030.
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Growth Factors
The growing awareness regarding the adverse health effects of consuming sugary drinks, such as weight gain, obesity, diabetes, and heart disease, is supporting the consumption of alternative beverages, such as still and sparkling water.
The growth of the market is primarily attributed to rising awareness regarding the importance of hydration. According to a study conducted by the International Bottled Water Association in 2018, it was revealed that 93% of American citizens want bottled water to be sold in most stores selling beverages. A substantial part of the population prefers to quench their thirst using bottled water over other beverages.
Increasing preference for nutrient-fortified water is trending owing to the rising importance of health and wellness among buyers. The water demand has been increasing among travelers, working professionals, and for use in households.
COVID-19 has impacted the market for bottled water as many quick-service restaurants have been witnessing a significant drop in their sales. For instance, according to a blog post by CNBC LLC, McDonald’s had witnessed a decline of 22% in March compared to the previous month. COVID-19 compelled the company to shut down its dining rooms.
Report Highlights
The purified water segment held the largest share of more than 35.0% in 2020. According to a United Nations study published in 2018, almost 16,000 desalination plants across 177 countries provide purified water. Increasing water needs due to population growth, increased per capita water consumption, urbanization, economic development, and falling water supplies due to climate change and contamination exacerbate water scarcity in most regions of the world. The demand for ultra-purified water derived from desalination technology is anticipated to grow during the forecast period to tackle these concerns.
The sparkling water segment is anticipated to be the fastest-growing segment with a CAGR of 11.7% from 2021 to 2030. Sparkling water is also marketed as sparkling drinking water or sparkling mineral water. Water that contains the same amount of carbon dioxide as its source post-treatment is defined as sparkling water. The segment demand is estimated to primarily stem from the developed markets of the U.S., France, Canada, Germany, and the U.K.
The Beverage Digest, a privately-owned publication in the U.S., states that sparkling water has become an everyday drink for most Americans. This can be attributed to the product’s health advantages, coupled with a growing shift in consumer preference toward healthy drinks. This trend is likely to be the key factor for segment growth.
Asia Pacific held the largest share of over 42.0% in 2020 and is expected to maintain its lead throughout the forecast period. The regional market is mainly driven by the growing preference for bottled water due to rising health issues caused by contaminated water consumption. Changing water consumption habits, growing organized retail sectors, and the introduction of innovative products, such as flavored water are further expected to support the regional market growth.
Key Players
Market Segmentation
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Bottled Market, By Product
7.1. Bottled Market, by Product, 2020-2030
7.1.1. Spring
7.1.1.1. Market Revenue and Forecast (2016-2030)
7.1.2. Purified
7.1.2.1. Market Revenue and Forecast (2016-2030)
7.1.3. Mineral
7.1.3.1. Market Revenue and Forecast (2016-2030)
7.1.4. Sparkling
7.1.4.1. Market Revenue and Forecast (2016-2030)
7.1.5. Distilled
7.1.5.1. Market Revenue and Forecast (2016-2030)
7.1.6. Others
7.1.6.1. Market Revenue and Forecast (2016-2030)
Chapter 8. Global Bottled Market, Regional Estimates and Trend Forecast
8.1. North America
8.1.1. Market Revenue and Forecast, by Product (2016-2030)
8.1.2. U.S.
8.1.3. Rest of North America
8.1.3.1. Market Revenue and Forecast, by Product (2016-2030)
8.2. Europe
8.2.1. Market Revenue and Forecast, by Product (2016-2030)
8.2.2. UK
8.2.2.1. Market Revenue and Forecast, by Product (2016-2030)
8.2.3. France
8.2.3.1. Market Revenue and Forecast, by Product (2016-2030)
8.2.4. Rest of Europe
8.2.4.1. Market Revenue and Forecast, by Product (2016-2030)
8.3. APAC
8.3.1. Market Revenue and Forecast, by Product (2016-2030)
8.3.2. India
8.3.2.1. Market Revenue and Forecast, by Product (2016-2030)
8.3.3. China
8.3.3.1. Market Revenue and Forecast, by Product (2016-2030)
8.3.4. Japan
8.3.4.1. Market Revenue and Forecast, by Product (2016-2030)
8.3.5. Rest of APAC
8.3.5.1. Market Revenue and Forecast, by Product (2016-2030)
8.4. MEA
8.4.1. Market Revenue and Forecast, by Product (2016-2030)
8.4.2. GCC
8.4.2.1. Market Revenue and Forecast, by Product (2016-2030)
8.4.3. North Africa
8.4.3.1. Market Revenue and Forecast, by Product (2016-2030)
8.4.4. South Africa
8.4.4.1. Market Revenue and Forecast, by Product (2016-2030)
8.4.5. Rest of MEA
8.4.5.1. Market Revenue and Forecast, by Product (2016-2030)
8.5. Latin America
8.5.1. Market Revenue and Forecast, by Product (2016-2030)
8.5.2. Brazil
8.5.2.1. Market Revenue and Forecast, by Product (2016-2030)
8.5.3. Rest of LATAM
8.5.3.1. Market Revenue and Forecast, by Product (2016-2030)
Chapter 9. Company Profiles
9.1. Nestlé
9.1.1. Company Overview
9.1.2. Product Offerings
9.1.3. Financial Performance
9.1.4. Recent Initiatives
9.2. PepsiCo
9.2.1. Company Overview
9.2.2. Product Offerings
9.2.3. Financial Performance
9.2.4. Recent Initiatives
9.3. The Coca-Cola Company
9.3.1. Company Overview
9.3.2. Product Offerings
9.3.3. Financial Performance
9.3.4. Recent Initiatives
9.4. DANONE
9.4.1. Company Overview
9.4.2. Product Offerings
9.4.3. Financial Performance
9.4.4. Recent Initiatives
9.5. Primo Water Corporation
9.5.1. Company Overview
9.5.2. Product Offerings
9.5.3. Financial Performance
9.5.4. Recent Initiatives
9.6. FIJI Water Company LLC.
9.6.1. Company Overview
9.6.2. Product Offerings
9.6.3. Financial Performance
9.6.4. Recent Initiatives
9.7. Gerolsteiner Brunnen GmbH & Co. KG
9.7.1. Company Overview
9.7.2. Product Offerings
9.7.3. Financial Performance
9.7.4. Recent Initiatives
9.8. VOSS WATER
9.8.1. Company Overview
9.8.2. Product Offerings
9.8.3. Financial Performance
9.8.4. Recent Initiatives
9.9. Nongfu Spring
9.9.1. Company Overview
9.9.2. Product Offerings
9.9.3. Financial Performance
9.9.4. Recent Initiatives
9.10. Rhodius Mineralquellen Und Getranke GmbH & Co KG
9.10.1. Company Overview
9.10.2. Product Offerings
9.10.3. Financial Performance
9.10.4. Recent Initiatives
Chapter 10. Research Methodology
10.1. Primary Research
10.2. Secondary Research
10.3. Assumptions
Chapter 11. Appendix
11.1. About Us
11.2. Glossary of Terms
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