Water is an incredibly important aspect of daily lives. Bottled water is a necessary and reliable way to deliver safe drinking water. There are various types of bottled water such as spring water, purified water, mineral water, ground water and others. Bottled water is packaged in plastic or glass bottles. Bottled water can be carbonated or not. Bottled water offers a good taste, quality, and convenience.
The global bottled water market is mainly driven by increased health awareness and changing consumer lifestyle. The bottled water market is expected to witness rapid growth fueled by strong demand for clean, flavored and hygienic drinking water. Other important factors driving the bottled water market are an advancement in user-friendly packaging. Strong growth of tourism industry and portability of hygienic bottled water is also expected to trigger demand for bottled water. However, stringent regulations regarding packaging of water and bottled water standards are expected to hamper the growth of the market to some extent. Moreover, easy availability of tap water and rising concerns with regarding increasing plastic waste is expected to present a challenge for industry participants.
Asia Pacific was the leading regional market for bottled water, with over 30% share of total consumption in 2014. Huge population, strong economical growth, increasing disposable income, coupled with changing lifestyle has resulted in strong growth of bottled water market in Asia-Pacific region. Asia-Pacific is expected to remain a major regional market for bottled water during the next five years. North America and Europe are expected grow at a moderate pace forecast period. However, North America and Europe are expected to experience decline its market share during the forecast period. Latin America and the Middle East are also expected to witness the robust growth of bottled water market in the years to come.
Over the next five years, Planet Market Reports projects that Bottled Spring Water will register a –% CAGR in terms of revenue, reach US $ million by 2023, from US $ million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Bottled Spring Water market by product type, application, key manufacturers and key regions.
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To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Unflavored Bottled Spring Water
Flavored Bottled Spring Water
Segmentation by application:
Supermarkets and Hypermarkets
This report also splits the market by region:
Middle East & Africa
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
The Mountain Valley Spring Company
Tibet Water Resources
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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To study and analyze the global Bottled Spring Water consumption value & volume by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Bottled Spring Water market by identifying its various subsegments.
Focuses on the key global Bottled Spring Water manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Bottled Spring Water with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Bottled Spring Water submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Customization of this Report can be done as per client’s requirement.
Name: Jennifer Daniel
Organization: Planet Market Reports