Bottled water is defined as drinking water processed and packed in plastic or glass water bottles for human consumption. Purified bottled water is the bottled water which has been filtered or processed to remove impurities like chemicals and other contaminants. In several countries, tap water is purified in order to make it safe for human consumption. The demand for purified bottled water is rising globally as consumers prefer bottled water over ordinary water owing to the growing focus on health. Additionally, the diversification in sales channels and the increasing adoption of online retail to sell and distribute the product further propel the demand for bottled water in the global market.
MARKET DYNAMICS
Rising water needs owing to increase in population, raised per capita water consumption, economic development, urbanization, and falling water supplies due to climate change and contamination exacerbate water scarcity in most regions worldwide. The demand for purified water derived from desalination technology is predicted to rise throughout the forecast period to tackle these concerns. Moreover, increasing consumer consciousness towards the health benefits associated with consuming bottled water is forecasted to drive market growth during the projection period. Inclination towards bottled water rather than ordinary water, especially among youths, is also expected to drive the market. However, the high cost of purified bottled water is predicted to hamper the market growth during the forecast period.
MARKET SCOPE
The "Global Purified Bottled Water Market Analysis to 2028" is a specialized and in-depth study of the food & beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the purified bottled water market with detailed market segmentation by category, distribution channel. The global purified bottled water market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading purified bottled water market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global purified bottled water market is segmented into category, distribution channel. By category, the purified bottled water market is classified into plain, flavored. By distribution channel, the purified bottled water market is classified into supermarkets and hypermarkets, convenience stores, online retail, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global purified bottled water market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The purified bottled water market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
BThe report analyzes factors affecting the purified bottled water market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the purified bottled water market in these regions.
MARKET PLAYERS
The report covers vital developments in the purified bottled water market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the purified bottled water market are anticipated to lucrative growth opportunities in the future with the rising demand for purified bottled water in the global market. below mentioned is the list of few companies engaged in the purified bottled water market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the purified bottled water market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Nestl?
- PepsiCo
- The Coca-Cola Company
- DANONE
- FIJI Water Company LLC.
- Primo Water Corporation
- Gerolsteiner Brunnen GmbH & Co. KG
- Nongfu Spring
- VOSS WATER
- Rhodius Mineralquellen Und Getranke GmbH & Co KG
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.