Bottled Water Market – Global Industry Analysis, Size, Share, Growth, Trends, Forecast 2016 – 2024
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Albany, NY — (SBWIRE) — 10/24/2016 — Transparency Market Research (TMR) delivers key insights on the global bottled water market in its recent outlook titled “Bottled Water Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024”. In terms of value, the global bottled water market is expected to expand at a CAGR of 6.6% during the forecast period (2016–2024). In 2015, the global bottled water market was valued at US$ 169.9 Bn and is expected to reach US$ 307.2 Bn by 2026.
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On the basis of product type, the global bottled water market is segmented into still bottle water, carbonated bottle water, flavoured bottle water, and functional bottle water. . Demand for bottled water has grown significantly owing to increasing consumption of flavored water and a shift from consuming carbonated drinks. Increasing health consciousness, improving living standards, and increasing consumer preference for flavoured and functional bottled water are factors expected to drive growth of the global bottled water market during the forecast period. On the basis of packaging, the global bottled water market is segmented into PET bottles, glass bottles and others, where PET bottles dominates the global bottled water market.
This report covers trends driving each segment and offers analysis and insights regarding the potential of the bottled water market in specific regions. In terms of value, North America is expected to remain the most dominant market throughout the forecast period, followed by Asia Pacific. In 2015, markets in APAC and North America, collectively accounted for over 45% market share, in terms of value. North America is expected to remain the largest market through 2024, followed by Asia Pacific and Europe.
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Key players in the global bottled water market report include bottled water suppliers and manufacturers such as Key players in the global bottled water market report include bottled water suppliers and manufacturers such as Nestle Waters, Groupe Danone, PepsiCo Inc, The Coca Cola Company, Mountain Valley Spring Company, LLC., Suntori Beverage & Food Ltd, Unicer – Bebidas SA, Grupo Vichy Catalan, Icelandic Water Holdings ehf., CG Roxane, LLC
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