Bottled Water Market Global & Regional Sales Performance, Business Strategies, Research & Development Activities to 2020-2030
Increased disposable income, rising health awareness, and shifting preference towards bottled water over aerated drinks are the key attributes driving the growth of the global bottled water market. Bottled water has emerged as a convenient means for transportation of water to regions affected with water scarcity. It has become an integral part of daily routine across the developed countries owing to high purity and mineral rich properties of bottled water. Unavailability of potable water across major countries has accelerated the growth of bottled water. Bottled water producers across the globe are focusing towards enriching water with essential salts and minerals required for maintaining healthy lifestyle. With rising health awareness across the developed and developing has resulted in adoption of sparkled water over the aeriated beverages, thereby fueling the growth of the global bottled water market. Increased disposable income and declining price due to emergence of local bottled water brands is anticipated to contribute significantly towards the growth of the global bottled water market during the forecast period.
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North America contributed a dominating share to the global bottled water in 2019 owing to increased adoption of bottled water over aerated drinks and rising health awareness across the United States. Increased demand for bottled water across the United States fueled by rising health consciousness and declining prices of bottled water is expected to drive the growth of North America bottled water during the forecast period. Asia Pacific contributed a significant share to the global bottled water market in 2019 and is anticipated to be the fastest growing geography during the forecast period owing to increased disposable income across emerging countries, rising health availability and limited availability of clean water. Middle East & Africa is anticipated to be a lucrative market during forecast period owing to high dependence on bottled drinking water.
Bottled Water Market Share Analysis, by Geography (2019)
The report titled “Bottled Water Market – Global Market Share, Trends, Analysis and Forecasts, 2020-2030” offers market estimates for a period 2018 to 2030, wherein 2018 is historic period, 2019 is the base year, and 2020 to 2030 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global bottled water market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global bottled water market is segmented based on product type, packaging material, sales channel, consumption, and geography. Based on product type, the global bottled water market is segmented into spring water, purified water, mineral water, sparkling water, and others. Based on packaging material, the global bottled water market is segmented into plastic, glass, and others. Based on sales channel, the global bottled water market is segmented into supermarket/hypermarket, convenience stores, online retail stores, and others. Based on consumption, the global bottled water market is segmented into at-home and out-of-home consumption. Based on geography, the global bottled water market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
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The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on bottled water tools and services. Further, market share of prominent companies in the global bottled water market would also be estimated. the study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the bottled water companies.