Bottled Water Market Scope And Analysis

Report Code : TIPRE00004540
Category : Food and Beverages

Status : Published
No. of Pages : 150

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Bottled Water Market Analysis and Scope (2023 to 2028)

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Bottled Water Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 228.84 Billion
Market Size by 2028	US$ 322.85 Billion
Global CAGR (2022 - 2028)	5.9%
Historical Data	2020-2021
Forecast period	2023-2028
Segments Covered	By Type Sparkling and Still By Category Functional and Conventional By Flavor Plain and Flavored By Distribution Channel Supermarkets and Hypermarkets Convenience Stores Online Retail
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Danone S A Bluetriton Brands Inc Fiji Water Company LLC Gerolsteiner Brunnen Gmbh And Co Kg Nestl S A Nongfu Spring PepsiCo Inc Rhodius Mineralquellen und Getr nke GmbH Co KG The Coca Cola Company

Covid-19 Impact:

The COVID-19 pandemic affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The food & beverages industry suffered due to serious disruptions in supply chains and shutdowns of production plants in the initial phases of the pandemic. The shutdown of manufacturing plants in leading countries in North America, Europe, Asia Pacific, South & Central America, and the Middle East & Africa disturbed the global supply chains, manufacturing, delivery schedules, and goods sales. Further, various companies announced possible delays in product deliveries and a slump in future sales of their products in 2020. In addition, the bans imposed by various countries in Europe, Asia, and North America on international travel compelled enterprises to temporarily suspend their collaboration and partnership plans

In 2020, various industries had to slow down their operations due to disruptions in value chains caused by the shutdown of national and international boundaries. After lockdowns were announced, the demand for bottled water increased as households rushed to secure supplies. During the pandemic, the lack of access to safe water or adequate infrastructure, coupled with health concerns, mainly drove up bottled water sales worldwide. On the other hand, as tourists and office workers were forced to stay home, countries with service-focused economies have seen drops in plastic bottle sales. As economies started reviving their operations in 2021, the demand for bottled water is rising globally. Reopening business activities in the hospitality & tourism sector are creating a demand for bottled water. The increasing demand for bottled water is expected to offer more growth opportunities for the bottled water market during the forecast period.

Competitive Landscape and Key Companies:

Some of the prominent players operating in the global bottled water market include Danone; FIJI Water Company LLC; GEROLSTEINER BRUNNEN GMBH & CO. KG; The Coca-Cola Company; Nestlé S.A; Nongfu Spring; BlueTriton Brands, Inc.; PepsiCo, Inc; Voss of Norway AS; RHODIUS Mineralquellen und Getränke GmbH & Co. KG among others. These players offer bottled water with flavors and are offering products in sustainable packaging solution to attract a large number of consumers.