Bottled Water Market to Surge USD 476.45 billion with Growing CAGR of 6.7% by 2029, Size, Share, Trends, Drivers, Challenges, Demand, and Revenue Outlook - Digital Journal

2023-01-13 13:08:46 By : Ms. wanda chen

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Global Bottled Water Market, By Type (Purified Water, Mineral Water and Sparkling/Carbonated Water), Category (Plain, Flavoured), Distribution Channel (Store-Based, Non-Store-Based), – Industry Trends and Forecast to 2029 Tilting Edge Bander

Bottled Water Market to Surge USD 476.45 billion with Growing CAGR of 6.7% by 2029, Size, Share, Trends, Drivers, Challenges, Demand, and Revenue Outlook - Digital Journal

The rise in healthcare awareness about waterborne diseases such as malaria, typhoid, diarrhea, food poisoning, and others is driving the market. Furthermore, bottled water is more portable and convenient, supporting market growth.

Data Bridge Market Research analyses that the bottled water market was valued at USD 283.6 billion in 2021 and is expected to reach the value of USD 476.45 billion by 2029, at a CAGR of 6.7% during the forecast period of 2022-2029.

Report Scope and Market Segmentation

Bottled water is intended for human consumption and is obtained from a variety of sources, including wells, protected springs, or a public water supply. When compared to regular water, it has a high concentration of dissolved minerals or total dissolved solids (TDS). Before packaging, the bottles are typically treated with ultraviolet (UV) irradiation, which inhibits the growth of pathogenic organisms during storage or transportation. Following disinfection, these bottles are filled with water, labelled, and sold in a variety of sizes ranging from single-serve to large carboys for water coolers.

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Due to the presence of quinine, a medication used to treat malaria and babesiosis, bottled water is also widely consumed as a healthy drink around the world. This bottled water contains 83 milligrams of quinine per litre and has excellent medicinal properties. Market manufacturers are now offering a diverse range of products with added sugars and flavors. These therapeutic benefits of bottled water are also propelling the product’s demand on a global scale.

Another factor driving this growth is the use of bottled water in margaritas as a drink enhancer and for soothing dehydration due to its strong taste. Furthermore, children, teenagers, and young adults are drawn to the sparkling effect water under ultraviolet lights. Bottled water appears fluorescent when exposed to direct sunlight because quinine is reactive to UV radiation as a result of its quinine content. Due to its use in cocktail preparations and its medicinal properties, the market is expected to grow steadily over the forecast period. Bottled water manufacturers are expected to develop additional product flavourings over the forecast timeframe.

The rising disposable income of people as a result of industrialization and economic growth is a major driver of the global market for bottled water. Rapid urbanisation also contributes to increased demand, as it has resulted in increased consumption of alcohol, to which bottled water is frequently added. Aside from that, the growing popularity of social media and the internet has also had a positive impact on the market.

Bottled Water Market report contains historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. Market definition in the report gives the scope of particular product with respect to the driving factors and restraints in the market. All the information, facts, and statistics covered in the report lead to actionable ideas, improved decision-making and better business strategies. Bottled Water Market report assists define, describe and forecast the market by type, by application and by region. This market research report has been crafted with the most excellent and superior tools of collecting, recording, estimating and analyzing market data.

In this global Bottled Water Market report, all the company profiles of the major players and brands are covered extensively. The report also measures market drivers, market restraints, challenges, opportunities and key developments in the market. Businesses can have an idea about complete background analysis of the ABC industry which includes an assessment of the parental market. This effective and insightful business report aids clients to stay ahead of the time and competition. The research and analysis carried out in this Bottled Water Market report helps clients to predict investment in an emerging market, expansion of market share or success of a new product with the help of global market research analysis.

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The bottled water market is segmented on the basis of type, category and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Global Bottled Water Market Research Report

Chapter 1 Bottled Water Market Overview

Chapter two Global Economic Impact on Industry

Chapter three Global Bottled Water Market Competition through Manufacturers

Chapter four Global Production, Revenue (Value) via Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by way of Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by using Type

Chapter 7 Global Bottled Water MarketAnalysis through Application

Chapter eight Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Complete Report Details with Facts and Figures along respective Images and Graphs (TOC)

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Bottled Water Market to Surge USD 476.45 billion with Growing CAGR of 6.7% by 2029, Size, Share, Trends, Drivers, Challenges, Demand, and Revenue Outlook - Digital Journal

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