Bottled Water Market Size, Share, and Trends 2024 to 2034

Bottled Water Market (By Product: Purified, Spring, Mineral, Distilled, Sparkling, and Others; By Distribution Channel: Supermarkets & Hypermarkets, Convenience Stores, Grocery Stores, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024 - 2033

  • Last Updated : May 2024
  • Report Code : 1314
  • Category : Consumer Goods

Bottled Water Market Size and Growth 2024 to 2033

The global bottled water market size accounted for USD 318.31 billion in 2023, and it is expected to hit around USD 538.58 billion by 2033, poised to grow at a CAGR of 5.4% from 2024 to 2033.

Bottled Water Market Size 2024 to 2033

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Bottled Water Market Key Takeaways

  • Asia Pacific dominated the market with the highest market share of 40.14% in 2023.
  • By Product, the purified segment dominated the market in 2023.
  • By Distribution Channel, the supermarkets & hypermarkets segment dominated the global risk analytics market in 2023.

Asia Pacific Bottled Water Market Size and Growth 2024 to 2033

The Asia Pacific bottled water market size was estimated at USD 127.76 billion in 2023 and is predicted to be worth around USD 223.51 billion by 2033, at a CAGR of 5.8% from 2024 to 2033.

Asia Pacific Bottled Water Market Size 2024 to 2033

Based on the region, in terms of revenue, the Asia Pacific dominated the global bottled water market in 2023 and is estimated to sustain its dominance during the forecast period. It accounted for more than 40.14% of the market share in 2023. This is mainly due to the increasing demand for the bottled water owing to the lack of drinkable water, rising health consciousness, growing awareness regarding waterborne health diseases, rising disposable income, rapid urbanization, growing penetration of food service industry, and improvement in living standards. Moreover, the rapidly developing organized retail sector and growing demand for functional water is significantly contributing towards the development of the bottled water market in the region.

Bottled Water Market Share, By Region, 2023 (%)

Asia Pacific is also estimated to be the fastest-growing region during the forecast period. This is owing to the presence of huge youth population that demands quality food and beverage items owing to increased health consciousness.

North America Bottled Water Market Size and Growth 2024 to 2033

The North America bottled water market size was calculated at USD 73.85 billion in 2023 and is projected to expand around USD 133.03 billion by 2033, poised to grow at a CAGR of 6.1% from 2024 to 2033.

Year Market Size (USD Billion)
2023 73.85
2024 78.34
2025 83.10
2026 88.15
2027 93.49
2028 99.16
2029 105.17
2030 111.54
2031 118.29
2032 125.45
2033 133.03

 

Bottled Water Market Growth Factors

The scarcity of drinkable water in certain parts of the globe is a primary driver of the global bottled water market. Drinking contaminated water gives rise to various health risks such as gastrointestinal problems, reproductive problems, and neurological disorders. The rising awareness among the population about the ill effects of contaminated water is driving the demand for the bottled water across the globe. The easy availability of bottled water in various retail outlets such as groceries, supermarkets, and convenience stores has had played an exponential role in the rapid growth of the bottled water industry around the global markets. Furthermore, the introduction and availability of various types of bottled water products such as mineral water, sparkling water, and distilled water has gained traction in the past few decades, thereby fostering the market growth.

The growing urban population, rising disposable income, growing health consciousness among the consumers, and increasing awareness regarding waterborne diseases have fueled the demand for the bottled water among the health conscious consumers. Further, growing concerns regarding the plastic wastes from the bottled water industry have encouraged the manufacturers to increasing adopt the PET and plant-based water bottles to achieve sustainability. These eco-friendly bottles are expected to drive the demand for the bottled water in the developed economies like Europe and North America. The innovative packaging is expected to play a crucial role in the growth of the market in the foreseeable future. The adoption of sustainable materials in making bottles is very helpful in creating a positive brand image among the consumers.

Premiumization is another strategy used by the manufacturers to differentiate bottled water products to serve the premium customers. The manufacturers emphasizes on the high quality and exclusivity of their premium brands. Hence, the premiumization plays an essential role in generating handsome revenues for the manufacturers.

Bottled Water Market Scope

Report Highlights Details
Bottled Water Market Size in 2023 USD 318.31 Billion
Bottled Water Market Size by 2033 USD 538.58 Billion
Bottled Water Market Growth Rate from 2024 to 2033 CAGR of 5.4%
Largest Market North America
Fastest Growing Market Asia Pacific
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Product, and By Distribution Channel
Companies Mentioned Nestle, The Coca Cola Company, VOSS Water, Fiji Water Company, PepsiCo, Danone, Primo Water Corporation, Nongfu Spring, Otsuka Pharmaceutical Co. Ltd.

 

Product Insights

By product, the purified segment led the market with considerable revenue share in 2023 and is anticipated to retain its dominance throughout the forecast period. This is attributed to the presence of desalination facilities across the globe that serves the need for the purified water. According to the United Nations, there are around 16,000 desalination facilities in across 177 nations of the world that provides purified water. The rapid growth in the population, increasing disposable income, increasing per capita water consumption, and improvement in the standard of living are the various important factors that boosted the growth of the purified water segment across the globe.

On the other hand, the sparkling water segment is estimated to be the fastest-growing segment during the forecast period. This is attributed to the rising popularity of the sparkling water among the consumers owing to its fizzy and bubbly taste. Further sparkling water is known to stave off dehydration and it has become a popular substitute for sodas. Hence, the sparkling water segment is estimated to grow at a rapid pace during the forecast period.

Distribution Channel Insights

By distribution channel, the supermarkets & hypermarkets segment led the market with notable revenue share in 2023 and is anticipated to retain its dominance throughout the forecast period. The supermarkets & hypermarkets provide a very wide range of consumer goods and food and beverages products along with convenience and huge discounts. It operates in convenient timings and is available in easy accessible areas. It attracts huge customer base and offers consistent revenue to the market players.

On the other hand, the others segment is estimated to be the fastest growing segment owing to the growing popularity of e-commerce and online food delivery apps across the globe. The rising penetration of internet and rapidly growing users of internet is expected to boost the growth of the e-commerce channels during the forecast period, thereby boosting the growth of this segment.

Key Companies & Market Share Insights

The market is moderately fragmented with the presence of several local companies. These market players are striving to gain higher market share by adopting strategies, such as investments, partnerships, and acquisitions & mergers. Companies are also spending on the development of improvedproducts. Moreover, they are also focusing on maintaining competitive pricing.

In February 2020, Agthia Group launched a plant-based bottle as a step towards the sustainable and eco-friendly bottle solution.

In September 2020, Danone partnered with PepsiCo, for the distribution of Danone Water’s brand “Evian” in Canada.

Bottled Water Market Companies

  • Nestle
  • PepsiCo
  • The Coca Cola Company
  • Fiji Water Company
  • Danone
  • VOSS Water
  • Nongfu Spring
  • Primo Water Corporation
  • Otsuka Pharmaceutical Co. Ltd.
  • RhodiusMineralquellen Und Getranke GmbH & Co KG

Market Segmentation

By Product

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

By Distribution Channel

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Grocery Stores
  • Others

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Frequently Asked Questions

The global bottled water market was valued at USD 318.31 billion in 2023 and is projected to hit USD 538.58 billion by 2033.

The global bottled water market is expected to grow at a noteworthy CAGR of 5.4% from 2024 to 2033.

Rising health consciousness and increasing government initiative to reduce plastic wastes are the driving factors of the bottled water market.

The major players in the bottled water market are Nestle, The Coca Cola Company, VOSS Water, Fiji Water Company, PepsiCo, Danone, Primo Water Corporation, Nongfu Spring, Otsuka Pharmaceutical Co. Ltd.

The Asia Pacific will lead the global bottled water market.

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Bottled Water Market, By Product

7.1. Bottled Water Market, by Product Type, 2024-2033

7.1.1. Purified

7.1.1.1. Market Revenue and Forecast (2021-2033)

7.1.2. Spring

7.1.2.1. Market Revenue and Forecast (2021-2033)

7.1.3. Mineral

7.1.3.1. Market Revenue and Forecast (2021-2033)

7.1.4. Distilled

7.1.4.1. Market Revenue and Forecast (2021-2033)

7.1.5. Sparkling

7.1.5.1. Market Revenue and Forecast (2021-2033)

7.1.6. Others

7.1.6.1. Market Revenue and Forecast (2021-2033)

Chapter 8. Global Bottled Water Market, By Distribution Channel

8.1. Bottled Water Market, by Distribution Channel, 2024-2033

8.1.1. Supermarkets & Hypermarkets

8.1.1.1. Market Revenue and Forecast (2021-2033)

8.1.2. Convenience Stores

8.1.2.1. Market Revenue and Forecast (2021-2033)

8.1.3. Grocery Stores

8.1.3.1. Market Revenue and Forecast (2021-2033)

8.1.4. Others

8.1.4.1. Market Revenue and Forecast (2021-2033)

Chapter 9. Global Bottled Water Market, Regional Estimates and Trend Forecast

9.1. North America

9.1.1. Market Revenue and Forecast, by Product (2021-2033)

9.1.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.1.3. U.S.

9.1.3.1. Market Revenue and Forecast, by Product (2021-2033)

9.1.3.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.1.4. Rest of North America

9.1.4.1. Market Revenue and Forecast, by Product (2021-2033)

9.1.4.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.2. Europe

9.2.1. Market Revenue and Forecast, by Product (2021-2033)

9.2.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.2.3. UK

9.2.3.1. Market Revenue and Forecast, by Product (2021-2033)

9.2.3.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.2.4. Germany

9.2.4.1. Market Revenue and Forecast, by Product (2021-2033)

9.2.4.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.2.5. France

9.2.5.1. Market Revenue and Forecast, by Product (2021-2033)

9.2.5.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.2.6. Rest of Europe

9.2.6.1. Market Revenue and Forecast, by Product (2021-2033)

9.2.6.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.3. APAC

9.3.1. Market Revenue and Forecast, by Product (2021-2033)

9.3.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.3.3. India

9.3.3.1. Market Revenue and Forecast, by Product (2021-2033)

9.3.3.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.3.4. China

9.3.4.1. Market Revenue and Forecast, by Product (2021-2033)

9.3.4.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.3.5. Japan

9.3.5.1. Market Revenue and Forecast, by Product (2021-2033)

9.3.5.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.3.6. Rest of APAC

9.3.6.1. Market Revenue and Forecast, by Product (2021-2033)

9.3.6.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.4. MEA

9.4.1. Market Revenue and Forecast, by Product (2021-2033)

9.4.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.4.3. GCC

9.4.3.1. Market Revenue and Forecast, by Product (2021-2033)

9.4.3.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.4.4. North Africa

9.4.4.1. Market Revenue and Forecast, by Product (2021-2033)

9.4.4.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.4.5. South Africa

9.4.5.1. Market Revenue and Forecast, by Product (2021-2033)

9.4.5.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.4.6. Rest of MEA

9.4.6.1. Market Revenue and Forecast, by Product (2021-2033)

9.4.6.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.5. Latin America

9.5.1. Market Revenue and Forecast, by Product (2021-2033)

9.5.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.5.3. Brazil

9.5.3.1. Market Revenue and Forecast, by Product (2021-2033)

9.5.3.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

9.5.4. Rest of LATAM

9.5.4.1. Market Revenue and Forecast, by Product (2021-2033)

9.5.4.2. Market Revenue and Forecast, by Distribution Channel (2021-2033)

Chapter 10. Company Profiles

10.1. Nestle

10.1.1. Company Overview

10.1.2. Product Offerings

10.1.3. Financial Performance

10.1.4. Recent Initiatives

10.2. PepsiCo

10.2.1. Company Overview

10.2.2. Product Offerings

10.2.3. Financial Performance

10.2.4. Recent Initiatives

10.3. The Coca Cola Company

10.3.1. Company Overview

10.3.2. Product Offerings

10.3.3. Financial Performance

10.3.4. Recent Initiatives

10.4. Fiji Water Company

10.4.1. Company Overview

10.4.2. Product Offerings

10.4.3. Financial Performance

10.4.4. Recent Initiatives

10.5. Danone

10.5.1. Company Overview

10.5.2. Product Offerings

10.5.3. Financial Performance

10.5.4. Recent Initiatives

10.6. VOSS Water

10.6.1. Company Overview

10.6.2. Product Offerings

10.6.3. Financial Performance

10.6.4. Recent Initiatives

10.7. Nongfu Spring

10.7.1. Company Overview

10.7.2. Product Offerings

10.7.3. Financial Performance

10.7.4. Recent Initiatives

10.8. Primo Water Corporation

10.8.1. Company Overview

10.8.2. Product Offerings

10.8.3. Financial Performance

10.8.4. Recent Initiatives

10.9. Otsuka Pharmaceutical Co. Ltd.

10.9.1. Company Overview

10.9.2. Product Offerings

10.9.3. Financial Performance

10.9.4. Recent Initiatives

10.10. RhodiusMineralquellen Und Getranke GmbH & Co KG

10.10.1. Company Overview

10.10.2. Product Offerings

10.10.3. Financial Performance

10.10.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research

11.2. Secondary Research

11.3. Assumptions

Chapter 12. Appendix

12.1. About Us

12.2. Glossary of Terms

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