Global Bottled Water Market Overview
Global bottled water market has seen remarkable and continued annual growth over the past several years due to high consumer demand for high-quality drinking water, the fear of diseases as an aftermath of drinking contaminated tap water, and the easy transportability and handiness provided by bottled water. There has been a growing obesity problem in the West, particularly in the European and North American populations which is linked with increased consumption of soft drinks by children. This also played a major role in increased sales of bottled water. Recently the demand for functional water is escalated because of health and wellness trends, coupled with attractive product offerings from different global and regional players. This has been the crucial factor that is driving the growth of the market. The ease of consumption and its result on human nutrition are the aspects that are rising the demand of the market. Environmental pollution produced by plastic trash poses a challenge to the market's growth. The consumption of bottled water also leads to health hazards. However, the introduction of flavored water with regulated ingredients and eco-friendly packaging can provide a prospect for market growth.
According to 6Wresearch, the Global Bottled Water Market size is anticipated to register growth during the forecast period 2020-2026. Geographically, North America holds the maximum shares in the market as the well-established bottled water market and also the upsurge in demand for functional water as there is a growth in the number of health-conscious customers, and owing to that most the marketers have started to position functional water as a substitute to fruit juices and carbonated drinks. Moreover, the three inspiring water brands, in response to the damaging impact of plastic, have created means to create bottles from other materials. One water- This UK-based company took their sustainable water to the next level and brought out a carton version. The new eco-friendly packaging is completely recyclable and made from paperboard. Just water- American brand, Just Water bottle is plant-derived, the paper comes from trees, and the cap and shoulder come from sugar cane. Cano water- CanO water supply is an indefinitely recyclable option for plastic bottles. They use aluminum cans to contain their water.
The Global bottled water Market report thoroughly covers the market by quality, product, types, material, purchasing sources, the origin of the product, pack size, end-users packaging, and regions including North America, Latin America, Europe, Asia Pacific, Middle East & Africa and the key countries. Global bottled water Market outlook report provide an unbiased and detailed analysis of the on-going Global bottled water Market trends, opportunities/high growth area and market drivers which would help the stakeholders to devise and align their market strategies, according to the current and future market dynamics.
Key Highlights of the Report
- Global Bottled Water Market Outlook
- Global Bottled Water Market Overview
- Global Bottled Water Market Trends
- Global Bottled Water Market Forecast
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Market Drivers and Restraints
- Industry Life Cycle
- Global Bottled Water Market Share, By Players
- Competitive Benchmarking
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for the Middle East Bottled Water Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for Africa Bottled Water Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for North America Bottled Water Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for Latin America Bottled Water Market
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