Global Bottled Water Market to Grow at a CAGR of 6.70% During 2022-2027, Aided by the Growing Cost-Effectiveness of Bottled Water

The market growth can be attributed to the growing cost-effectiveness of bottled water, which, in turn, is boosting its demand among all socioeconomic classes. As countries such as Yemen, Libya, and Jordan, among others, are battling water scarcity and the unavailability of safe drinking water, various non-profit organisations and governments across the globe are distributing bottled water to enhance the accessibility of pure and safe drinking water. Moreover, leading companies are increasingly launching sparkling water to capitalise on the growing consumer demand for premium bottled water. The development of flavoured bottled water with innovative flavours owing to the booming health and wellness trend is also augmenting the market growth.

The increasing launches of innovative flavoured and sparkling water by the leading companies are expected to drive the market growth of bottled water in the forecast period. For instance, Danone S.A. (OTCMKTS: DANOY) launched its first sparkling water in bottled and canned formats through its brand, evian, in January 2022. The product would be available in 50 cl and 1L 100% rPET bottles, 75 cl glass bottles, and 33cl aluminium cans. The launch follows the company’s ‘Drink True’ global campaign that reflects the purity and authenticity of the company’s sourced mineral water. The sparkling water encourages healthy hydration while providing a clean and elegant taste of evian natural mineral water.

Market Analysis by Type, Distribution Channel, and Region:

• The market, on the basis of type, can be divided into spring water, purified water, mineral water, distilled water, and sparkling water, among others.
• The distribution channels for bottled water include supermarkets and hypermarkets, convenience stores, home and office delivery, and on trade channels, among others.
• The regional markets for bottled water include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The rising awareness regarding the importance of pure and safe water is boosting the demand for bottled water.
• The market growth of bottled water can be attributed to rapid urbanisation and surging disposable incomes, which, in turn, is surging per-capita drinking water consumption.
• The growing preference for bottled water as a healthy alternative to sugary carbonated beverages is driving the market growth.
• The rising demand for bottled water with sustainability packaging is providing impetus to the market’s expansion.

Key Offerings of the Report:

• The EMR report gives an overview of the global market for bottled water for the periods (2017-2021) and (2022-2027).
• The report also offers the historical (2017-2021) and forecast (2022-2027) markets for the types, distribution channels, and major regions of bottled water.
• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global bottled water market are Nestlé SA, The Coca-Cola Company, Danone S.A., PepsiCo Inc., FIJI Water Company LLC, and BlueTriton Brands, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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