According to a new market research report published by Global Insight Services” Bottled Water Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
There are many different types of bottled water on the market, from sparkling water to water with added vitamins. And while bottled water is more expensive than tap water, many people view it as worth the price. The bottled water industry has come under scrutiny in recent years, as environmental groups have raised concerns about the amount of plastic waste that is produced by the industry. But bottled water is still going strong, and shows no signs of slowing down.
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Key Players
- Nestle Waters
- Danone
- Coca-Cola
- PepsiCo
- Gerolsteiner
- Vittel
- Nongfu Spring
- Wahaha
Key Trends
In recent years, there have been some key trends in bottled water technology.
One of the most significant has been the rise of premium bottled water. This has been driven by a number of factors, including the growing health consciousness of consumers and the perception that premium bottled water is healthier than tap water.
Another key trend has been the increasing popularity of flavored and functional waters. This is again driven by health concerns, as consumers are looking for ways to increase their water intake without having to drink plain water.
Key Drivers
The bottled water market is growing rapidly for a number of reasons.
- Tap water quality is declining in many parts of the world. This is due to a variety of factors, including climate change, pollution and depletion of groundwater resources. As a result, people are increasingly turning to bottled water as a safe and reliable source of drinking water.
- Health consciousness is on the rise. More and more people are aware of the importance of staying hydrated and are therefore willing to pay for bottled water. This is especially true in developed countries, where people have greater disposable incomes.
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Market Segments
By Product
- Spring Water
- Purified Water
- Mineral Water
- Sparkling Water
By Distribution Channel
- Online
- Supermarkets
- Convenience Stores
- Grocery Stores
- Others
Reasons to buy Bottled Water Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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