The Global Bottled Water Market Value Expected To Reach $349 Billion By 2021 – The Business Research Company

The Global Bottled Water Market Value Expected To Reach $349 Billion By 2021 - The Business Research Company

“Bottled Water Market By Product (Sparkling, Still, Flovoured And Spring), By Packaging (Plastic, Glass, Can, Drum And Others), By Companies And By Regions – Global Market Size And Forecast To 2021”
Nestle Was The As The Largest Company In The Bottled Water Market, According To TBRC’s Report (Companies: Nestle, DANONE, Coca-Cola And Pepsi-Co)

The global bottled water market was valued nearly at $238 billion in 2017. Asia-Pacific is the largest market for bottled water, accounting for around 62% of the global market. The bottled water market in China is the largest in the world.

The bottled water market consists of sales of bottled water services and related goods by entities (organizations, sole traders and partnerships) that provide bottled water. The bottled water industry includes establishments that purify and bottle water.

Request For The Global Bottled Water Market Report At:

https://www.thebusinessresearchcompany.com/report/bottled-water-market

Bottled Water Market Size

The global market for bottled water is expected to reach around $349 billion in 2021, growing at a growth rate of around 10%. Industry growth is primarily driven by consumer concerns over rising obesity levels combined with an increase in public awareness about health issues in countries such as China, India and Indonesia had a positive effect on the bottled water market. Consumers have been switching from sugary carbonated drinks to healthier alternatives. This shift significantly contributed to the growth of bottled water in this region.

Players in the market include the global bottled water market is highly fragmented with a large number of local players present in most countries. The leading players in the global market that have a multi-country presence are Nestle, DANONE, Coca-Cola and Pepsi-Co.

Nestlé is the world’s largest food and beverage company, based out of Switzerland. They have more than 2000 brands ranging from global icons to local favorites, and they are present in 191 countries around the world. The company has three business divisions – Nestle Nutrition, Nestle Waters and Nestle Health Science. Nestle Waters also operates 55 brands, with production facilities in 91 countries and an employee base of more than 31,500.

Request For A Free Sample Of The Global Bottled Water Market Report At:

https://www.thebusinessresearchcompany.com/sample.aspx?id=789&type=smp

The key drivers of the bottled water market include:

Consumer Concerns – Consumer concerns over rising obesity levels combined with an increase in public awareness about health issues in countries such as China, India and Indonesia had a positive effect on the bottled water market. Consumers have been switching from sugary carbonated drinks to healthier alternatives. This shift significantly contributed to the growth of bottled water in this region.

The key restraints on the bottled water market include:

Campaigns and Restrictions against Improper Disposal of Plastic Bottles – The period 2011-2016 saw trash cans and streets all around the world overflowing with plastic water bottles, resulting in a major environmental concern. People started spreading awareness on social media pages and groups voicing their concern and organized campaigns against improper disposal of plastic water bottles. This not only led to negative publicity for the global bottled water industry but also encouraged governments to formulate several strict regulations regarding the use of recyclable packaging solutions. For instance, the impact of improper disposal of plastic bottles led San Francisco to ban plastic water bottles.

Place a direct purchase order of complete report (Individual License USD 5360) @ https://www.thebusinessresearchcompany.com/report/bottled-water-market 

 

About The Business Research Company.

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

Contact Information

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info

Follow us on Linkedin: https://in.linkedin.com/company/the-business-research-company

Media Contact
Company Name: The Business Research Company
Contact Person: Nitin
Email: Send Email
Phone: 08897263534
Address:1st Floor, Anshu Colors Building, Road Number 1 Park View Enclave, Jubilee Hills
City: Hyderabad 500033
State: Telengana
Country: India
Website: https://www.thebusinessresearchcompany.com/report/bottled-water-market