Industry Background:
Bottled drinking water is a packaged water and sources water from various sources such as groundwater, surface water, and others. It is majorly used in parties, restaurants, and pubs. Because of rising health issues because of water pollution is driving huge growth in the market. The global bottled drinking water and expected revenue is around USD 6,034 Mn in the year 2020. This market is expected to grow at a CAGR of 9.8% in the duration of 2020-2025.This growth is primarily driven by Rising Health Consciousness, Increase in Disposable Income in Emerging Economies and Growing Demand from Restaurants and Pubs.
Globally, a noticeable market trend is evident Growing Demand from the Bottles Drinking Water
. Major Vendors, such as Pepsico (United States), Gerolsteiner Brunnen (Germany), Ferrarelle (Italy), VOSS (United States), Hildon (England), Icelandic Glacial (Iceland), Penta Water Company, LLC (United States), Mountain Valley Spring Water (United States), Suntory (Japan) and AJE Group (Peru) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Rising Health Consciousness
- Increase in Disposable Income in Emerging Economies
- Growing Demand from Restaurants and Pubs
Market Trend
- Growing Demand from the Bottles Drinking Water
- Development in Packaging Techniques
Restraints
- The Slowdown in Economies Because of Coronavirus Pandemics
Opportunities
Growing Demand from the Restaurants and Increase in Research & Development
Challenges
High Cost Associated with Flavoured Bottled Drinking Water
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Bottled Drinking Water Study Sheds Light on
The Bottled Drinking Water Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Bottled Drinking Water industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Bottled Drinking Water industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.