Bottled Water Market Types by Trends, Growth Rate, Opportunities & Forecast To 2027
Market Synopsis:
Bottled water is gaining momentum owing to the innovations
introduced by the key vendors operating in the market. The report offered by
Market Research Future (MRFR) has highlighted that the global bottled water market is poised to
exhibit moderate growth pace during the forecast period 2017 to 2022. Flavor
innovations in bottled water are likely to gain traction of the market in the
years to come.
The shifts in consumer behavior towards healthy lifestyle have
led to the introduction of vitamins and other nutrients induced water. With the
increasing population of health-conscious people, the demand for bottled water
with nutrients is expected to increase. This, in turn, is prognosticated to
catapult the market on a growth trajectory. Rising disposable income in
developing nations resonates strong growth potential for the market players.
These economies are projected to remain highly lucrative in the years to come.
The governments set the standards on the drinkability of
water. The standardization of hygiene levels by the government bodies is
anticipated to favor the proliferation of the Bottled Water Market types over
the next couple of years. Increasing awareness, coupled with the rising urban
population, is projected to support the growth of the Bottled Water Market
types in the years to come.
Competitive Dashboard:
The key players of the Bottled Water Market types studied in
this report are Groupe Danone (France), Nestle Waters (France), PepsiCo Inc
(U.S.), Suntori Beverage & Food Ltd (Japan), Mountain Valley Spring
Company, LLC. (U.S.), The Coca Cola Company (U.S.), and Grupo Vichy Catalan
(Spain).
Market Segmentation:
By type, the global bottled water market has been segmented
into spring water, purified water, mineral water, sparkling water, well water
and others
On the basis of packaging, the bottled water market has been
segmented into packaging PET bottles, glass bottles, and others
Based on process type, the global bottled water market has
been segmented into distilled water, sterile water, RO water, desalination, and
others
The bottled water market, by application, has been segmented
into flavored water, tonic water, fruit infused water, fortified water, and
others
Regional Analysis:
The geographical evaluation of the global Bottled
Water Market types spans across four major regions - North America, Asia
Pacific, Europe, and the Rest of the World (RoW). Asia Pacific exhibits
tremendous growth opportunities and is likely to hold the maximum market share
over the next couple of years. The primary factor poised to drive the expansion
of the bottled water market in the region is the rising urban migration. The
changing lifestyle, in conjunction with increasing per capita income is likely
to catalyze the proliferation of the bottled water market in the region across
the forecast period. In addition, the rising standards of living are also
projected to boost the growth trajectory of the market in the nearby future. Europe
and North America are anticipated to exhibit moderate growth owing to the strong
economy of the region.
Industry News:
In June 2019, Ferns N Petals (FNP), a flower and gifts
retailer based out of India, has launched its own bottled water under the brand
name of FNP. The water contains higher levels of TDS (Total Dissolved Solids)
which is not only safer but also makes the water tastier.
In June 2019, Vita Coco, a producer, and distributor of
coconut water, has ventured into competitive bottled water space with its new
water brand, Ever & Ever. The producer has chosen recycle-friendly aluminum
for the launch of its water brand.
In June 2019, Duo has launched a new “wild water” from the Larkfire,
which is a naturally-sourced water. The company has developed the product
specially for pairing with whiskeys.
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will be considering Covid19 Footprints for Better Analysis of Market and
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