Press Release
Press Release
With the growing concerns regarding the safety of tap water, the demand for bottled water in North America is rising. The expansion of distribution channels owing to the robust growth of the e-commerce sector is surging the availability of innovative bottled water, which is aiding the market growth. The increasing demand for bottled water from business-to-business and residential consumers is also driving the market growth. Various leading companies are increasingly offering spring, purified, and mineral bottled water packaged in sustainable materials, which is anticipated to fuel the market. Moreover, the introduction of several campaigns by the key players to promote the health benefits of bottled water and consequently boost its consumption is likely to invigorate the market growth in the forecast period.
Some of the significant players in the market for bottled water are Nestlé SA (OTCMKTS: NSRGY) and PATHWATER. In March 2020, PATHWATER launched its refillable bottled water in Canada by entering into an exclusive Canadian distribution partnership with Hilary’s Salesman Inc. The company’s electrolyte-infused and pH-balanced still water is packaged in a sleek white brushed-aluminium bottle that encourages refilling and reusage. The formation of the still water also resonates with the body’s natural pH-levels to offer a crisp and clean taste as well as electrolytes for functional benefits. Further, the packaging makes the bottled water ideal for on-the-go uses and its composition allows users to reuse and repurpose single-use bottled water. This would aid in enhancing the sustainability of bottled water while reducing its environmental footprint.
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The major players in the North America bottled water market are Nestlé SA, The Coca-Cola Company, Danone S.A., PepsiCo Inc., Primo Water Corporation, and FIJI Water Company LLC., 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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