Bottled Water Market Analysis, Growth Opportunities, Future Demand And Leading Player By 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 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 in
the years to come.
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.
Regional Analysis:
The geographical evaluation of the global Bottled Water Market 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.
Browse Full
Report @ https://www.marketresearchfuture.com/reports/bottled-water-market-2252
The key
players of the Bottled Water Market 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
NOTE: Our Team of Researchers are Studying
Covid19 and its Impact on Various Industry Verticals and wherever required we
will be considering Covid19 Footprints for Better Analysis of Market and
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