Bottled Water Market: Agile and Customer-Centric Approaches for Untapped Opportunities #14
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Emergen Research’s latest market research report focuses on the global Bottled Water Market and the report provides in-depth analysis of each of its major segments. Reports about the global Bottled Water Market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfolios. The report also highlights the most important factors influencing industry revenue growth, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, strict regulatory frameworks, and a multitude of micro-economic and macro-economic factors. Bottled Water industry projections and qualitative and quantitative assessments have been provided by the report's authors.
The Bottled Water Market has witnessed significant growth over the past few decades, driven by the increasing demand for convenient and portable water solutions, rising health consciousness, and changing consumer preferences. Bottled water refers to packaged drinking water, available in various sizes and types, such as still, sparkling, flavored, and vitamin-enhanced. With concerns over water quality and safety in some regions, bottled water has emerged as a reliable and accessible alternative to tap water. Additionally, the growth of the bottled water market is also fueled by the surge in on-the-go consumption habits, urbanization, and the perception of bottled water as a healthier beverage choice.
Bottled water has become a staple beverage across the globe, catering to diverse consumer needs and preferences. The market offers a wide range of options, from natural spring water and mineral water to purified and alkaline water. Bottled water is typically sold in single-serve PET bottles, larger bottles for household consumption, and bulk containers for commercial and industrial use. The convenience of bottled water, coupled with the growing awareness of the importance of hydration for overall health, has contributed to its popularity in both developed and developing economies.
The global bottled water market size was USD Billion 303.56 in 2022 and is expected to register a revenue CAGR of 7.0% during the forecast period, according to the latest analysis by Emergen Research. One of the primary drivers of the bottled water market's growth is the increasing health consciousness among consumers. With rising concerns over the quality of tap water in certain regions, consumers are turning to bottled water as a safe and reliable source of hydration. Bottled water companies often highlight their water's purity and adherence to quality standards, appealing to health-conscious consumers seeking a trustworthy drinking option.
Furthermore, the surge in on-the-go consumption trends and urbanization has contributed to the demand for bottled water. As lifestyles become busier and people spend more time outside their homes, the convenience of bottled water makes it a popular choice for quick hydration on the move. The portability and accessibility of bottled water, available in various formats like single-serve bottles and water dispensers, align perfectly with modern consumer preferences.
Despite its widespread popularity, the bottled water market faces certain restraints that may impact its growth. One of the main challenges is the environmental impact of plastic bottles. The extensive use of plastic bottles for packaging bottled water has raised concerns about plastic waste and its contribution to pollution, particularly in oceans and landfills. Increasing awareness of environmental issues has led consumers and policymakers to seek more sustainable alternatives to single-use plastic bottles, which may impact the bottled water industry.
Moreover, the perception of tap water as a cost-effective and environmentally friendly option may hinder bottled water consumption in some regions. In areas with access to clean and safe tap water, consumers may opt for tap water over bottled water to reduce costs and minimize plastic waste.
The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.
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The report contains updated information about the ongoing COVID-19 pandemic and acts as an accurate analysis of the COVID-19 impact on the Bottled Water market. The report draws attention to the COVID-19 impact on the market and its crucial segments. As per the report, the current pandemic is one of the major contributing elements for the potential decline of the market in the coming years. The business sector has been drastically affected by the pandemic, which has adversely altered the market dynamics and demand trends. Financial difficulties brought by the pandemic have delayed the progress rate of various businesses and disrupted the global supply chains. The report further provides a future impact assessment of the Bottled Water market concerning COVID-19.
The report also discusses the key players involved in the market such as PepsiCo, Nestlé, The Coca-Cola Company, Primo Water Corporation, FIJI Water Company LLC, Gerolsteiner Brunnen GmbH & Co. KG, Voss of Norway, Nongfu Spring, Norland International, Icelandic Glacial
Additional information offered by the report:
Along with a complete overview of the global Bottled Water Market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Bottled Water Market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.
Major Geographies Analyzed in the Report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Bottled Water market expected to boost the growth of the industry in the coming years.
Bottled Water Market Segmentation:
Product Type Outlook (Revenue, USD Billion; 2019–2032)
Still Water
Sparkling Water
Flavored Water
Mineral Water
Others
Packaging Type Outlook (Revenue, USD Billion; 2019–2032)
PET Bottle
Glass Bottle
Collapsible Bottle
Biodegradable Plastic Bottles
Others
Distribution Channel Outlook (Revenue, USD Billion; 2019–2032)
Supermarkets/Hypermarkets
Convenience Stores
Online Retail
To know more about the report @ https://www.emergenresearch.com/industry-report/bottled-water-market
ToC of the report:
Chapter 1: Bottled Water Market overview and scope
Chapter 2: Bottled Water Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Bottled Water Market segmentation based on type applications
Chapter 9: Current and Future Trends
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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