Report Overview

Global Bottled Water Market- Industry Trends & Forecast Report 2027

The global bottled water market was worth USD 230.4 billion in 2020 and is further projected to reach USD 405.2 billion by the year 2027, growing at a CAGR of 8.3% during the forecast period. The growth of the bottled water market can be attributed to the declining quality of tap water and increasing health consciousness among consumers. Furthermore, changing consumption patterns and increasing demand for bottled water in the hospitality and tourism sector are also strengthening the market. Additionally, the easy availability of bottled water in convenience stores and supermarkets/hypermarkets are also contributing to the growth of the global bottled water market.

Source: BlueWeave Consulting

Global Bottled Water Market- Overview

Drinking water packaged in plastic or glass bottles is referred to as bottled water. From 250 ml single-serve bottles to large water cooler carboys, these bottles can be found in a wide range of sizes. Many people use bottled water as an alternative to tap water, which is obtained from a variety of sources, including well water and public water supplies. Natural mineral water, purified water, and spring water are the three major types of bottled water. Aside from tasting better than tap water, bottled water is also affordable and convenient to carry, which contributes to its market growth.

Bottled Water Market Forecast and Trends

Growth Drivers

Increasing Water Pollution and Waterborne Diseases

National Resources Defense Council reports that around 80% of the world's wastewater is dumped untreated into the environment, which pollutes water sources such as rivers and lakes. Waterborne diseases affect more than 4 billion people and cause around 3.4 million deaths annually, making them one of the leading causes of death worldwide. Consequently, people increasingly turn to bottled water to meet their daily water needs. The bottled water market is expected to benefit from the increasing water pollution levels.

Flourishing Tourism Sector Worldwide

The flourishing tourism sector around the world is emerging as one of the major driving factors for the growth of the bottled water market. As people are traveling to new places, the need for hydration and clean water sources to prevent unwanted health conditions is crucial. Bottled water serves as an effective hydration solution for this reason. Additionally, airports, railways, hotels, and restaurants are also offering water in reusable plastic bottles, which is driving the growth of the market for bottled water.

Restraints

Increasing Pollution Due to Single Use Plastic Water Bottles

Single use plastic water bottles are one of the major causes of pollution worldwide. Around 80% of the plastic bottles that are sold end up in landfills, which can take up to or more than 1000 year to decompose. These plastic bottles also release harmful chemicals into the environment as they decompose. Furthermore, the manufacturing of plastic water bottles releases tons of carbon dioxide into the atmosphere each year. With such severe environmental effects, several regions are putting a complete ban on the production and sales of plastic water bottles, which may restrain the growth of the market.

Impact of COVID-19 on Bottled Water Market

The sudden outbreak of the COVID-19 pandemic has had a drastic effect on the global bottled water market. This is because of the restrictions on the supply chain caused by lockdown imposed by several countries to prevent the infection from spreading. The operations of bottled water production were also affected by social distancing norms and a shortage of workforce. Immediately after the lockdown was declared, consumer panic caused a huge demand and supply gap which caused the manufacturers to incur huge losses. Such factors negatively impacted the growth of the bottled water market during the outbreak of the COVID-19 pandemic.

Global Bottled Water Market - By Product Type

Based on product types, the bottled water market is segmented into spring water, purified water, mineral water, distilled water, sparkling water, and others. Due to increasing consumer awareness about naturally-occurring minerals in the water, the purified water segment holds the largest share of the bottled water market. Water purifiers remove impurities such as chemicals, bacteria, viruses, and other contaminants while retaining minerals such as calcium and magnesium. On the other hand, the mineral water segment also holds a substantial market share because of its prominent demand in the Asia-Pacific region.

Global Bottled Water Market - By Distribution Channel

Based on distribution channels, the global bottled water market is categorized into on-trade and off-trade segments. The off-trade segment is further classified into supermarkets/hypermarkets, convenience stores, retail stores, specialty stores, online channels, home, and office delivery, and others. Because of the high number of retail stores, especially in middle- and low-income countries, the retail store segment accounts for the largest market share. On the other hand, the on-trade segment also covers a substantial share in the market because of the expanding hospitality sector and increasing demand for bottled water in hotels, airports, offices, restaurants, and cafes, etc.

Global Bottled Water Market - Regional Insights

Geographically, the bottled water market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. The Asia-Pacific region accounts for the largest market share because of the deteriorating water quality and increasing prevalence of waterborne diseases across the region. Furthermore, emerging economies, such as India, do not have proper access to clean and safe drinking water due to which people have to resort to bottled water for quenching their thirst. Furthermore, the increasing launch of new varieties of bottled water and emerging local players are anticipated to present lucrative growth opportunities to the Asia-Pacific bottled water market.

Source: BlueWeave Consulting

Global Bottled Water Market - Competitive Landscape

The leading players in the global bottled water market are Nestlé Waters, Mountain Valley Spring Company, Hangzhou Wahaha Group Co., Ltd., Icelandic Glacial Inc., The Coca Cola Company, Danone, Dasani, PepsiCo Inc., Icelandic Glacial Inc., Natural Waters of Viti Ltd., Otsuka Pharmaceutical Co. Ltd, FIJI Water Company LLC, Hana Water-Hana Food Industries Co., Voss Water, Binzomah Group, National Beverage Corp., Vichy Catalan Corporation, Sunny Delight Beverages Company, CG Roxane, LLC, and other prominent players.

The market is highly consolidated due to the presence of established multinational corporations, such as The Coca-Cola Company, Nestle, PepsiCo, Voss Water, etc., that enjoy consumer brand loyalty. Nevertheless, a number of small and medium-sized players are gaining traction in the regional markets amid fierce competition. These companies consistently focus on launching a wide variety of bottled water in various sizes. Furthermore, they also adopt market strategies such as collaboration, partnerships, mergers, and acquisitions to gain a competitive edge and boost their sales and revenue.

Recent Developments

• In July 2021, Primo Water Corporation, a US-based water company, announced the acquisition of The Sweetwater Company, Inc., a bottled water company, to expand its consumer base and strengthen its footprint in the Pacific Northwest of the United States.
• In July 2021, LifeTime, a US-based healthy lifestyle brand, announced to be discontinuing plastic water sales and replacing them with aluminum bottles to cut down its plastic trash.

Scope of the Report

By Product Type

• Spring Water
• Purified Water
• Mineral Water
• Distilled Water
• Sparkling Water
• Others

By Distribution Channel

• On-Trade
• Off-Trade

1. Supermarkets/Hypermarkets
2. Convenience Stores
3. Retail Stores
4. Specialty Store
5. Online Channel
6. Home and Office Delivery
7. Others

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle-East & Africa

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Key Market Segments
2. Research Methodology
   1. Qualitative Research
   2. Methodology
   3. Regional Split of Primary & Secondary Research
   4. Secondary Research
   5. Primary Research
      1. Breakdown of Primary Research Respondents, By Region
      2. Breakdown of Primary Research Respondents, By Industry Participants
   6. Market Size Estimation
   7. Assumptions for the Study
   8. Market Breakdown & Data Triangulation
3. Executive Summary
4. Industry Insight and Growth Strategy
   1. Value Chain Analysis
   2. DROC Analysis
      1. Market Drivers
         1. Increasing Water Pollution and Waterborne Diseases
         2. Flourishing Tourism Sector Worldwide
      2. Market Restraints
         1. Increasing Pollution Due to Single Use Plastic Water Bottles
      3. Market Challenges
         1. Negative Impact of the COVID-19 Pandemic
      4. Market Opportunity
         1. Growing Demand for Sparkling and Flavored Drinking Water
         2. Increasing Consumer Awareness Towards Clean Drinking Water
   3. Recent Developments
   4. Porter’s Five Forces Analysis
      1. Bargaining Power of Buyers
      2. Bargaining Power of Suppliers
      3. Intensity of Rivalry
      4. Threat of New Entrants
      5. Threat of Substitutes
5. Bottled Water Market Overview
   1. Market Size & Forecast by Value, 2017-2027
   2. Market Size and Forecast, By Segment
      1. By Product Type
         1. Spring Water
         2. Purified Water
         3. Mineral Water
         4. Distilled Water
         5. Sparkling Water
         6. Others
      2. By Distribution Channel
         1. On-Trade
         2. Off-Trade
            1. Supermarkets/Hypermarkets
            2. Convenience Stores
            3. Retail Stores
            4. Specialty Store
            5. Online Channel
            6. Home and Office Delivery
            7. Others
      3. By Region
         1. North America
         2. Europe
         3. Asia-Pacific
         4. Latin America
         5. Middle East & Africa
6. North America Bottled Water Market Overview
   1. Market Size and Forecast
      1. By Value (USD Billion), 2020-2027
   2. Market Share and Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By Country
         1. U.S.
         2. Canada
7. Europe Bottled Water Market Overview
   1. Market Size and Forecast
      1. By Value (USD Billion), 2020-2027
   2. Market Share and Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By Country
         1. Germany
         2. U.K.
         3. Russia
         4. France
         5. Italy
         6. Spain
         7. Rest of Europe
8. APAC Bottled Water Market Overview
   1. Market Size and Forecast
      1. By Value (USD Billion), 2020-2027
   2. Market Share and Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By Country
         1. China
         2. India
         3. Japan
         4. South Korea
         5. Rest of APAC
9. LATAM Bottled Water Market Overview
   1. Market Size and Forecast
      1. By Value (USD Billion), 2020-2027
   2. Market Share and Forecast
      1. By Product Type
      2. By Distribution Channel
      3. By Country
         1. Mexico
         2. Brazil
         3. Rest of LATAM
10. MEA Bottled Water Market Overview
    1. Market Size and Forecast
       1. By Value (USD Billion), 2020-2027
    2. Market Share and Forecast
    3. By Product Type
    4. By Distribution Channel
    5. By Country
       1. Saudi Arabia
       2. UAE
       3. South Africa
       4. Rest of MEA
11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis (2020)
    3. Competitive Benchmarking by Operating Parameters
12. Impact of COVID-19 on Bottled Water Market
13. Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
    1. Nestlé Waters
    2. Mountain Valley Spring Company
    3. Hangzhou Wahaha Group Co., Ltd.
    4. Icelandic Glacial Inc.
    5. The Coca Cola Company
    6. Danone
    7. Dasani
    8. PepsiCo Inc.
    9. Icelandic Glacial Inc.
    10. Natural Waters of Viti Ltd.
    11. Otsuka Pharmaceutical Co. Ltd
    12. FIJI Water Company LLC
    13. Hana Water-Hana Food Industries Co.
    14. Voss Water
    15. Binzomah Group
    16. National Beverage Corp.
    17. Vichy Catalan Corporation
    18. Sunny Delight Beverages Company
    19. CG Roxane, LLC
    20. Other Prominent Players
14. Key Strategic Recommendations

List of Figures

Figure 1: Bottled Water Market Segmentation

Figure 2: Bottled Water Market Value Chain Analysis,

Figure 3: Company Market Share Analysis, 2020

Figure 4: Bottled Water Market Size, By Value (USD Billion), 2017-2027

Figure 5: Bottled Water Market Share (%), By Product Type , By Value, 2017-2027

Figure 6: Bottled Water Market Share (%), By Distribution Channel, By Value, 2017-2027

Figure 7: Bottled Water Market Share (%), By Region, By Value, 2017-2027

Figure 8: North America Bottled Water Market Size, By Value (USD Billion), 2017-2027

Figure 9: North America Bottled Water Market Share (%), By Product Type , By Value, 2017-2027

Figure 10: North America Bottled Water Market Share (%), By Distribution Channel, By Value, 2017-2027

Figure 11: North America Bottled Water Market Share (%), By Country, By Value, 2017-2027

Figure 12: Europe Bottled Water Market Size, By Value (USD Billion), 2017-2027

Figure 13: Europe Bottled Water Market Share (%), By Product Type , By Value, 2017-2027

Figure 14: Europe Bottled Water Market Share (%), By Distribution Channel, By Value, 2017-2027

Figure 15: Europe Bottled Water Market Share (%), By Country, By Value, 2017-2027

Figure 16: the Asia-Pacific Bottled Water Market Size, By Value (USD Billion), 2017-2027

Figure 17: the Asia-Pacific Bottled Water Market Share (%), By Product Type , By Value, 2017-2027

Figure 18: the Asia-Pacific Bottled Water Market Share (%), By Distribution Channel, By Value, 2017-2027

Figure 19: Asia-Pacific Bottled Water Market Share (%), By Country, By Value, 2017-2027

Figure 20: Latin America Bottled Water Market Size, By Value (USD Billion), 2017-2027

Figure 21: Latin America Bottled Water Market Share (%), By Product Type , By Value, 2017-2027

Figure 22: Latin America Bottled Water Market Share (%), By Distribution Channel, By Value, 2017-2027

Figure 23: Latin America Bottled Water Market Share (%), By Country, By Value, 2017-2027

Figure 24: Middle East & Africa Bottled Water Market Size, By Value (USD Billion), 2017-2027

Figure 25: Middle East & Africa Bottled Water Market Share (%), By Product Type, By Value, 2017-2027

Figure 26: Middle East & Africa Bottled Water Market Share (%), By Distribution Channel, By Value, 2017-2027

Figure 27: Middle East & Africa Bottled Water Market Share (%), By Region, By Value, 2017-2027

List of Tables

Table 1: Bottled Water Market Size, By Product Type, By Value, 2017-2027

Table 2: Bottled Water Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

Table 3: Bottled Water Market Size, By Region, By Value (USD Billion), 2017-2027

Table 4: North America Bottled Water Market Size, By Product Type, By Value (USD Billion), 2017-2027

Table 5: North America Bottled Water Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

Table 6: North America Bottled Water Market Size, By Country, By Value (USD Billion), 2017-2027

Table 7: Europe Bottled Water Market Size, By Product Type , By Value (USD Billion), 2017-2027

Table 8: Europe Bottled Water Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

Table 9: Europe Bottled Water Market Size, By Country, By Value (USD Billion), 2017-2027

Table 10: the Asia-Pacific Bottled Water Market Size, By Product Type, By Value (USD Billion), 2017-2027

Table 11: the Asia-Pacific Bottled Water Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

Table 12: the Asia-Pacific Bottled Water Market Size, By Country, By Value (USD Billion), 2017-2027

Table 13: Latin America Bottled Water Market Size, By Product Type , By Value (USD Billion), 2017-2027

Table 14: Latin America Bottled Water Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

Table 15: Latin America Bottled Water Market Size, By Country, By Value (USD Billion), 2017-2027

Table 16: The Middle-East & Africa Bottled Water Market Size, By Product Type, By Value (USD Billion), 2017-2027

Table 17: The Middle-East & Africa Bottled Water Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

Table 18: The Middle-East & Africa Bottled Water Market Size, By Country, By Value (USD Billion), 2017-2027

Table 19: Nestlé Waters Financial Analysis

Table 20: Nestlé Waters Business Overview

Table 21: Mountain Valley Spring Company Financial Analysis

Table 22: Mountain Valley Spring Company Business Overview

Table 23: Hangzhou Wahaha Group Co., Ltd. Corporation Financial Analysis

Table 24: Hangzhou Wahaha Group Co., Ltd. Corporation Business Overview

Table 25: Icelandic Glacial Inc. Financial Analysis

Table 26: Icelandic Glacial Inc. Business Overview

Table 27: The Coca Cola Company Financial Analysis

Table 28: The Coca Cola Company Business Overview

Table 29: Danone Financial Analysis

Table 30: Danone Business Overview

Table 31: Dasani Financial Analysis

Table 32: Dasani Business Overview

Table 33: PepsiCo Inc. Financial Analysis

Table 34: PepsiCo Inc. Business Overview

Table 35: Icelandic Glacial Inc. Financial Analysis

Table 36: Icelandic Glacial Inc. Business Overview

Table 37: Natural Waters of Viti Ltd. Financial Analysis

Table 38: Natural Waters of Viti Ltd. Business Overview

Table 39: Otsuka Pharmaceutical Co. Ltd. Financial Analysis

Table 40: Otsuka Pharmaceutical Co. Ltd. Financial Analysis

Table 41: FIJI Water Company LLC Financial Analysis

Table 42: FIJI Water Company LLC Financial Analysis

Table 43: Hana Water-Hana Food Industries Co. Financial Analysis

Table 44: Hana Water-Hana Food Industries Co. Financial Analysis

Table 45: Voss Water Financial Analysis

Table 46: Voss Water Financial Analysis

Table 47: Binzomah Group Financial Analysis

Table 48: Binzomah Group Financial Analysis

Table 49: National Beverage Corp. Financial Analysis

Table 50: National Beverage Corp. Financial Analysis

Table 51: Vichy Catalan Corporation Financial Analysis

Table 52: Vichy Catalan Corporation Financial Analysis

Table 53: Sunny Delight Beverages Company Financial Analysis

Table 54: Sunny Delight Beverages Company Financial Analysis

Table 55: CG Roxane, LLC Financial Analysis

Table 56: CG Roxane, LLC Financial Analysis