The scope of our recent study on "Bottled Water Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type (Sparkling and Still), Category (Functional and Conventional), Flavor (Plain and Flavored), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)" includes the factors fueling the market growth; revenue estimation, forecast, and market share analysis; and the identification of significant market players and their key developments.

The bottled water market is expected to grow from US$ 228.84 billion in 2022 to US$ 322.85 billion by 2028; it is estimated to grow at a CAGR of 5.9% from 2022 to 2028.

Bottled water is defined as water that meets all the necessary regulations for potable water, is sealed in a sanitary container, and is sold for human consumption.

Based on distribution channel, the bottled water market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment is expected to be the fastest-growing segment in the bottled water market. Supermarkets and hypermarkets are huge retail establishments offering an extensive range of products such as groceries, personal care, and household products. These stores provide products from various brands at a reasonable price. Shoppers can easily find the right product at such stores. Moreover, these stores offer attractive discounts, multiple payment options, and a pleasant customer experience. Bottled water manufacturers increasingly prefer selling their products through supermarkets and hypermarkets, owing to heavy customer footfall. Moreover, many leading bottled water manufacturers sell their products through well-known supermarkets such as Walmart, Aldi, and Carrefour, owing to their customer reach and wide distribution network.

The global bottled water market is segmented into five main regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. In 2021, Asia Pacific dominated the global bottled water market. An increase in health-conscious consumers and a shift in consumer demand from carbonated soft drinks to bottled water are driving the bottled water market across the region. Along with this, the growing acceptance of premium bottled water is having a positive impact on the bottled water market. Tourism and international trade in countries such as India have increased significantly. NRI and foreign consumers prefer premium bottled water or international standards bottle water to avoid falling ill due to any water change. Thus, these factors have led to an increased acceptance of bottled water in Asia Pacific countries. North America was the second-largest region for the bottled water market in 2021.

Impact of COVID-19 Pandemic on Bottled Water Market

Initially, in 2020 the COVID-19 pandemic adversely affected the bottled water market due to the shutdown of manufacturing facilities and the restrictions on transportation and logistics. The disruptions in the supply chain hampered the supply of bottled water. However, businesses are growing as governments of various countries have eased imposed restrictions. Moreover, vaccination drives have led to a rise in business activities across the globe. The start of operations in the bottled water manufacturing units is positively impacting the bottled water market. The relaxation of lockdown restrictions has led to the opening up of supermarkets and hypermarkets as well as retail stores, which is increasing the availability and supply of bottled water, thus, having a positive impact on the bottled water market.

The "Global Bottled Water Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global bottled water market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The bottled water market is segmented based on type, category, flavor, distribution channel, and geography. Based on type, the market is segmented into sparkling and still. In terms of category, the market is segmented into functional and conventional. Based on flavor, the market is bifurcated into plain and flavored. In terms of distribution channel, the bottled water market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. Based on geography, the market is segmented into five main regions-North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. Asia Pacific is expected to be the fastest-growing region for the bottled water market over the forecast period, followed by North America and Europe.

Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: sales@premiummarketinsights.com