Bottled Water Market Predicted to Expand at 8.3% CAGR between 2014 and 2020 owing to Increase in Healthcare Awareness : Transparency Market Research

Albany – NY, Oct. 20, 2015 (GLOBE NEWSWIRE) — As per this report, on the basis of product type, the bottled water market is segmented into carbonated, functional, still, and flavored bottled water. Among these, in 2013, still bottled water represented 64.9% of the market, making it the dominant segment in the market on the basis of revenue. The still bottled water segment is expected to lead the market and maintain its superiority during the forecast horizon.Following still bottled water, carbonated water stood as the second largest product segment, holding a 22.9% share on the basis of revenue in the 2013. Nonetheless, carbonated water sales are predicted to decline in the forecast horizon.

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The report states that the functional and flavoured bottled water segments are expected to grow more expeditiously in comparison to the still bottled water segment in the forecast period. This is due to the growing awareness among people on healthy hydration, due to which they are more inclined towards water with vitamins as well as various types of flavored water such as mint, lemon, and orange.According to this TMR report, on the basis of geography, the bottled water market is segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW). Amongst these, Asia Pacific led the market in 2013, holding a share of 33% in the global bottled water market. The factors responsible for the increasing demand for bottled water from Asia Pacific are the rise in disposable incomes, rising population, rising health awareness, and introduction of new packaging. Additionally, Europe and North America are projected to lose their share to RoW and Asia Pacific in the forecast horizon.

Key international brands in the global bottled water market include Perrier (Nestle Waters), Evian (Groupe Danone), Volvic (Groupe Danone), and Fiji Natural Artesian water (Fiji), Groupe Danone, Nestle Waters, PepsiCo Inc, Perrier, Coca-Cola, Poland spring, and Fiji. Amongst these, in 2013, Groupe Danone and Nestle led the market.

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The market has been segmented as follows:

Bottled Water Market: Product Analysis

  •     Still
  •     Carbonated
  •     Flavored
  •     Functional

Bottled Water Market: Regional Analysis

    North America

  •         U.S.
  •         Others

    Europe

  •         Germany
  •         Others

    Asia Pacific

  •         China
  •         India
  •         Others

    RoW

  •         Brazil
  •         Others

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