Convenience and Functional Benefits key Propositions underpinning Bottled Water Market Growth
Bottled water has captured the worldwide consumer demand for safe and contaminant-free water in meeting the hydration requirements. The rising health concern arising from consuming contaminated water that are mostly sourced from tap water is a key factor bolstering the demand in the bottled water market. The lack of readily available safe drinking water for populations especially in developing countries and concerns about municipal tap water being contaminated are propositions that has supported the rapid expansion of the bottled water market. Manufacturers in the bottled water market are increasingly capitalizing on consumer concerns about the presence of chemical contaminants in the tap water, making it unfit for drinking for the population. This may be attributed to the lack of adequate regulations for ensuring the safety of tap water in several communities in developing regions all over the world. The convenient availability of bottled water and their affordability has been key factors bolstering the uptake in such communities, thus boosting the bottled water market. Bottled water also pitch higher attractiveness from their notable health benefits. The trend is evident in the rising demand for flavored and functional bottled water.
New Flavors and Constant Advancement in Treatment Technologies to boost Bottled Water Market
Several manufacturers and beverages companies in the global bottled water market are also tapping on lucrative avenues arising out of growing inclination of consumers to shift from aerated and carbonated drinks to healthy drinking water containing minerals. Among the various types of products in the bottled water market, the demand for distilled bottle type is expected to emerge at a higher growth rate than all others by the end of 2022. Apart from this, the sale of spring bottled water dominates currently and is expected to remain so. The presence of natural minerals and qualities in spring bottled water is what drives the popularity of this product type. Constant efforts to introduce new flavors that meet the changing preferences of consumers in the bottles water market is fueling the growth of the market. Coupled with this, advances in treatment technologies are catalyzing the rapid strides that the bottled water market is witnessing over the assessment period.
Better Packaging Materials and More Stringent Regulations key Challenges, Overcoming them to Pave Way for Lucrative Avenues
Although bottled water have been considered safer than tap water and contaminant-free, not every trend favors the demand. This is mainly on account of the packaging of bottled water and less strict implementation of regulations governing regulation in less developed regions. There is mounting health concern from the plastics used in packaging bottled water as they are found to leach toxic chemicals into the water when bottled water is stored for long time or at high temperatures. Brands in the bottled water market strive to overcome these challenges by introducing BPA-free plastics. A more important concern can be the presence of these toxic chemicals when bottled water is transported from one region to another. Nevertheless, companies are searching for better packaging materials and also introducing products that meet stringent manufacturing regulations prevailing in developed countries, to overcome these constraints in the bottled water market.
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About the Report
The report titled “Bottled Water Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022” presents evidence-based insights into the key growth drivers and challenges, discernible consumer adoption trends, prevailing regulatory landscape in various regions, and recent technological advances shaping the dynamics of the bottled water market. The evaluations help market participants to identify prominent investment pockets and avenues in various product segments such as spring water, purified water, mineral water, sparkling bottled water, artesian well water, tap water, and distilled bottled water. The analyses takes a closer look at prospects in key sales channels in the bottled water market such as wholesales, supermarket, convenience store, online retailers, and grocery stores.
Bottled water essentially consists of various types of packaged drinking water and is considered contaminant free. Various products in the bottled water market contain various health promoting ingredients and help in not just meeting the hydration needs of consumers but also offer a number of functional benefits. The demand for bottled water stored in PET bottles is gathering pace among consumers, especially in developing and developed nations. A large chunk of sales in the bottled water market is done using retail stores and from wholesalers. Furthermore, several companies are also focusing on environmental-friendly water treatment technologies and better packaging materials, which will open promising avenues in the market.
Additional Questions Answered
The report on the bottled water market to offer holistic insight into the demand dynamics by taking a critical look at various facets influencing it growth. Some of the more useful questions that the report sheds light on include:
- Will wholesale/distributor sales channel expected to retain its dominance in the bottled water market?
- Which trends will support the lucrative demand for PET bottled water?
- Will Europe maintain its status quo as the leading regional market for bottled water throughout the forecast period?
- What will underpin staggering rise in demand for bottled water in Asia Pacific excluding Japan (APEJ)?
- To what extent the adoption of home water treatment technologies impede the demand in ten bottled water market?
Competition Tracking of Bottled Water Market
The study offers a granular assessment of the factors that influence the strategic dynamics in the bottled water market. It offers a detailed insight into the product portfolio of prominent players and strategies adopted by them to consolidate their positions. Some of the leading players operating in the global bottled water are Bisleri International Pvt. Ltd., Nestle S.A, Voss of Norway ASA, Fiji Water Company LLC, and Societe des Eaux Minerales d'Evian SA.
The research report titled “Bottled Water Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022” presents comprehensive insights into the key growth dynamics, competitive contours, prevailing opportunities, and trends in the bottled water market. The study offers a detailed assessment of the potential of the bottled water market. The analysis evaluates the various prospects by offering detailed CAGR forecasts of various segments over 2017–2022 and year-over-year (YoY) growth of the overall bottled water market during 2012–2022. The various assessments of the opportunities in the bottle water market and the detailed estimations are covered in 14 chapters. The concluding four sections includes information on the research methodology, list of secondary and primary sources for the research, complete list of assumptions and acronyms, and the last one on disclaimer.
Chapter 1 – Executive Summary
The first chapter in the report offers a critical look at the bottled water evolution trajectories and offers insight into the prominent opportunities and factors shaping them. The section also highlights key trends that pave way for new, lucrative avenues in the bottled water market.
Chapter 2 – Overview of Global Bottled Water Market
The second section offers a comprehensive snapshot of the bottled water market and focuses on the key dynamics such as trends, drivers, and impeding factors. The section defines the market, which also included its taxonomy. The chapter offers a detailed forecasts and Y-o-Y growth figures of the overall bottled water market during the historical period. This sections covers assessment of supply chain dynamic, cost structure, and intensity map characterizing the presence of key players in the bottled water market.
Chapter 3 – Product Type Assessment and Forecasts of Bottled Water Market
This chapter focuses the growth dynamics and estimations of various product segments in the bottled water market. The section makes a critical comparison of market share and revenue of these segments with respect to different regions in the bottled water market. Key product types of bottled water covered are spring water, purified water, mineral water, sparkling bottled water, artesian well water, tap water, and distilled bottled water.
Chapter 4 – Sales Channel Assessment and Forecasts of Bottled Water Market
This section takes a closer look at the size of the various sales channels in the bottled water market. It makes a comparison of the revenue share and Y-o-Y growth comparisons of key sales channels in various regions during 2012–2022. Key sales channels analyzed here are wholesales, supermarket, convenience store, online retailers, and grocery stores.
Chapter 5 – Product Size Assessment and Forecasts of Bottled Water Market
The chapter in the report offers an incisive insight into the factors affecting the demand and revenue share of various product sizes in the bottled water market. The analyses compared their revenue contributed by these segments in various regions. Key sizes covered here are less than 300 ml, 300-350ml, 350- 550ml, 1-3liter, 3-liter, and more than 5 liter.
Chapter 6 – Packaging Type Assessment and Forecasts of Bottled Water Market
This section elaborates on the demand and prospects of various packaging types for products in the bottled water market. The analyses include taking a closer look at the market size and forecasts of these segments during 2017–2022. Key packaging types analyzed in the report are PET and glass bottled water.
Chapter 7 – Regional Assessment and Forecasts of Bottled Water Market
The chapter presents a comprehensive evaluation of the various regional prospects of the bottle water market by analyzing the market size and forecast of key regions. The section offers a critical evaluation of the revenue share of various regions and their contribution to various segments such as product, sales channel, and packaging type. Key regional markets analyzed in the report are North America, Latin America, Asia Pacific excluding Japan (APEJ), Europe, Japan, and the Middle East and Africa (MEA).
Chapter 6 – North America Assessment and Forecasts of Bottled Water Market
The chapter takes a critical look at regional opportunities in North America bottled water market. Key countries whose prospects are analyzed in this section are the U.S. and Canada.
Chapter 7 - Latin America Assessment and Forecasts of Bottled Water Market
This section offers a detailed evaluation of the demand dynamics and opportunities in Latin America market for bottled water. The evaluations include detailed forecasts the regional market and the revenue prospect of the key countries in the market such as Argentina, Brazil, and Mexico.
Chapter 10 – Europe Assessment and Forecasts of Bottled Water Market
The chapter takes looks at the regional trends and opportunities in the Europe bottled water market. Various countries of the region analyzed here are the U.K., Germany, France, Spain, Italy, and the Nordics.
Chapter 11 – Japan Assessment and Forecasts of Bottled Water Market
The section sheds light on the revenue share of various segments in Japan, and offers detailed size and forecast of the regional market.
Chapter 12 – APEJ Assessment and Forecasts of Bottled Water Market
The section looks at market size and forecasts of the APEJ bottled water market during 2017–2022. The section look at the revenue contribution of key countries to the regional market. Key countries analyzed in the chapter are China, India, Malaysia, Thailand, Singapore, and Australia.
Chapter 13 – MEA Assessment and Forecasts of Bottled Water Market
The chapter takes a detailed comparison of the revenue contributed by various countries of MEA with respect to different key segments. GCC, South Africa, Nigeria, and Israel are the key countries whose forecasts and estimations are offered here.
Chapter 14 – Stakeholder Ecosystem and Competitive Landscape of Bottled Water Market
The report analyzes the key determinants of the overall competitive landscape and factors influencing the entry of new players in the bottled water market. The analysis also include information on key financial and sales data and SWOT analysis of various players in the market. Key companies profiled in the report are Bisleri International Pvt Ltd., Nestle SA, Voss of Norway ASA, FIJI Water Company LLC, Mountain Valley Water Co., Societe des Eaux Minerales d'Evian SA., and PepsiCo,Inc.
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