Global Bottled Water Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Carbonated Water, Flavored Water, Still Water, and Functional Water.By Packaging;
PET, and Cans.By Distribution Channel;
On-Trade and Off-Trade.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Bottled Water Market (USD Million), 2021 - 2031
In the year 2024, the Global Bottled Water Market was valued at USD 300,214.45 million. The size of this market is expected to increase to USD 459,009.16 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.
The global bottled water market has witnessed significant growth driven by increasing consumer awareness regarding hydration, health, and convenience. Bottled water, encompassing various types like purified, mineral, flavored, and functional waters, has become a staple in daily hydration routines worldwide. This market's expansion is further fueled by rising urbanization, changing lifestyles, and concerns over the quality of tap water in many regions. Advancements in packaging technologies, ensuring safety, portability, and sustainability, have also contributed to market growth.
Regionally, North America and Europe have historically been major markets for bottled water, characterized by high per capita consumption and strong demand for premium and flavored varieties. Asia Pacific presents substantial growth opportunities due to increasing disposable incomes, urbanization, and growing health consciousness among consumers. Regulatory frameworks addressing environmental concerns related to plastic waste and efforts towards sustainable packaging solutions are shaping the market's future dynamics, encouraging innovations in biodegradable materials and recycling initiatives. As consumer preferences evolve towards healthier choices and convenience, the global bottled water market is poised for continued expansion and diversification in the coming years.
Global Bottled Water Market Recent Developments
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In April 2023, Nestlé partnered with Acreto for a new line of bottled water from 100% plant-based materials.
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In February 2023, PepsiCo teamed up with LanzaTech for bottled water made from captured carbon emissions.
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In September 2022, Essentia Water launched Essentia Plus, an electrolyte-infused bottled water.
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In June 2022, Coca-Cola and The Ocean Cleanup launched Clear Ocean, bottled water from 100% recycled ocean plastic.
Segment Analysis
The Global Bottled Water Market is segmented by Type into carbonated water, flavored water, still water, and functional water.
Carbonated water caters to consumers seeking fizzy and refreshing beverages, often consumed as an alternative to sugary sodas. The flavored water segment, enriched with natural or artificial flavors, has gained significant traction as a healthier and more appealing option. Meanwhile, still water remains a staple, favored for its natural taste and purity, while functional water, infused with vitamins, minerals, or electrolytes, appeals to health-conscious consumers seeking additional benefits from hydration.
By Packaging, the market is categorized into PET bottles and cans. PET bottles dominate due to their lightweight, durability, and cost-effectiveness, making them the preferred choice for on-the-go consumption. Cans, however, are gaining popularity for their eco-friendliness and ability to retain the beverage's freshness, catering to sustainable packaging trends.
The Distribution Channel is bifurcated into on-trade and off-trade. On-trade includes direct consumption in restaurants, cafes, and bars, driven by premium and branded bottled water demand. Off-trade channels, including supermarkets, convenience stores, and online platforms, account for a significant share as they provide easy accessibility and bulk purchase options, fueling consumer convenience and growth.
Global Bottled Water Segment Analysis
In this report, the Global Bottled Water Market has been segmented by Type, Packaging, Distribution Channel and Geography.
Global Bottled Water Market, Segmentation by Type
The Global Bottled Water Market has been segmented by Type into Carbonated Water, Flavored Water, Still Water and Functional Water.
Carbonated water, also known as sparkling water or soda water, is infused with carbon dioxide gas under pressure to produce bubbles, offering a fizzy and refreshing taste. It appeals to consumers seeking a bubbly alternative to traditional still water. Flavored water expands on this concept by incorporating natural or artificial flavors to enhance taste without the calories or sugar content found in many soft drinks. This variant caters to health-conscious individuals looking to hydrate with a hint of flavor, ranging from fruity to herbal profiles.
Still water remains the fundamental staple of the bottled water market, prized for its purity and simplicity. It undergoes filtration processes to remove impurities and minerals, appealing to consumers prioritizing clean hydration. Functional water represents a burgeoning segment designed to offer added health benefits beyond basic hydration. It may include infused vitamins, minerals, electrolytes, or other ingredients aimed at boosting energy, aiding digestion, or promoting overall wellness. This category targets a growing demographic interested in beverages that provide more than just hydration, aligning with trends towards health and wellness in the beverage industry.
Global Bottled Water Market, Segmentation by Packaging
The Global Bottled Water Market has been segmented by Packaging into PET, and Cans.
PET bottles dominate the market due to their widespread availability, convenience, and recyclability. PET packaging is favored for its lightweight nature, which reduces transportation costs and environmental impact compared to glass alternatives. PET bottles are durable and often come in various sizes, catering to different consumer needs from single-serve to larger formats. This versatility has made PET the preferred choice in many regions, especially in markets where portability and convenience are critical factors driving consumer decisions.
Cans are gaining traction in the bottled water market due to their recyclability and perceptions of freshness and convenience. Canned water appeals to environmentally conscious consumers seeking alternatives to plastic packaging. Cans are lauded for their ability to maintain water quality and taste, while also being easily stackable and space-efficient. This packaging format is particularly popular in markets where sustainability is a key concern, as aluminum cans are widely recycled and have a high rate of post-consumer recyclability. The choice between PET and cans in the bottled water market reflects a balance between consumer preferences for convenience, environmental impact, and product freshness, shaping the market's competitive landscape globally.
Global Bottled Water Market, Segmentation by Distribution Channel
The Global Bottled Water Market has been segmented by Distribution Channel into On-Trade and Off-Trade.
The On-Trade segment encompasses the sale of bottled water in establishments such as restaurants, cafes, hotels, and bars. This channel often includes premium and branded bottled water, appealing to consumers seeking a high-quality dining experience. Increasing urbanization and tourism have contributed to the growth of this segment, as bottled water is a staple offering in hospitality settings.
The Off-Trade segment dominates the market, comprising retail distribution channels like supermarkets, hypermarkets, convenience stores, and online retailers. This channel caters to bulk purchases and at-home consumption, offering a wide variety of bottled water options, including flavored and functional waters. The rising trend of e-commerce has further strengthened the off-trade segment, providing consumers with the convenience of doorstep delivery and broader access to product ranges.
Global Bottled Water Market, Segmentation by Geography
In this report, the Global Bottled Water Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Bottled Water Market Share (%), by Geographical Region, 2024
North America, characterized by a high per capita consumption of bottled water, leads the market with a strong preference for purified and flavored water variants. The region benefits from stringent regulatory standards ensuring product quality and safety, thereby bolstering consumer confidence. In Europe, the market is influenced by increasing health consciousness and a shift towards healthier beverage choices, driving the demand for premium and functional bottled water products. Innovations in packaging and sustainability efforts also play a crucial role in market growth across European countries.
Asia Pacific emerges as a rapidly expanding market fueled by urbanization, rising disposable incomes, and changing lifestyle patterns. Countries like China and India witness significant consumption growth, driven by convenience and the perception of bottled water as a safer alternative to tap water. In the Middle East and Africa, the market is shaped by growing tourism, urbanization, and concerns over water quality, leading to a surge in demand for bottled water products. Latin America showcases diverse preferences with a growing inclination towards flavored and functional waters, influenced by cultural shifts and increasing awareness of hydration benefits. Overall, each region in the global bottled water market presents distinct opportunities and challenges, influenced by local consumer behaviors, economic factors, and regulatory landscapes.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Bottled Water Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Waterborne diseases increase demand
- Brand loyalty supports market stability
- Outdoor activities boost sales
- Bulk buying options and subscriptions grow - Bulk buying options and subscription services are increasingly popular in the bottled water market due to their convenience and cost-effectiveness. Consumers are opting to purchase larger quantities of bottled water at once, often through online platforms or membership-based services. This trend is driven by the desire for savings and the convenience of having water delivered regularly without the need for frequent store visits.
Bulk buying also appeals to businesses and institutions seeking consistent supply for their operations. As environmental concerns grow, some companies offer eco-friendly packaging options for bulk purchases, aligning with consumer preferences for sustainability alongside convenience.
Restraints:
- Seasonal demand variations challenge production
- Rural distribution infrastructure limits growth
- Scrutiny over water sourcing impacts trust - The bottled water industry faces scrutiny over its water sourcing practices, which directly impacts consumer trust and brand reputation. Concerns range from the environmental impact of water extraction to the ethical considerations of sourcing from local communities. Transparent communication about sourcing locations, water quality testing, and sustainability efforts are crucial for maintaining consumer confidence.
Companies that proactively address these concerns through certifications, partnerships with conservation organizations, and sustainable practices can mitigate distrust and strengthen their market position. Regulatory compliance and adherence to industry standards further bolster trust in bottled water brands.
Opportunities:
- Home delivery and subscription services expand
- Advancements in bottling technology
- Collaboration with hospitality sectors
- Bulk and multipack options gain popularity - Bulk and multipack options are gaining popularity among consumers seeking value and convenience in their bottled water purchases. Multipack offerings, such as packs of six or twelve bottles, appeal to households and individuals looking to stock up on essentials for daily consumption or special occasions. These options often feature a variety of bottle sizes and types, catering to different consumer preferences and usage scenarios.
Bulk and multipack promotions and discounts also encourage larger purchases, driving sales volume for retailers and manufacturers alike. As sustainability becomes a key consideration, efforts to reduce packaging waste and offer recyclable or reusable packaging options further enhance the appeal of bulk and multipack choices in the market.
Competitive Landscape Analysis
Key players in Global Bottled Water Market include
- Nestlé Waters
- Hangzhou Wahaha Group Co., Ltd.
- The Coca-Cola Company
- Danone
- PepsiCo Inc.
- Natural Waters of Viti Ltd.
- Icelandic Glacial
- Mountain Valley Spring Company
- Dasani
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Packaging
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Bottled Water Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Waterborne diseases increase demand
- Brand loyalty supports market stability
- Outdoor activities boost sales
- Bulk buying options and subscriptions grow
- Restraints
- Seasonal demand variations challenge production
- Rural distribution infrastructure limits growth
- Scrutiny over water sourcing impacts trust
- Opportunities
- Home delivery and subscription services expand
- Advancements in bottling technology
- Collaboration with hospitality sectors
- Bulk and multipack options gain popularity
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Bottled Water Market, By Type, 2021 - 2031 (USD Million)
- Carbonated Water
- Flavored Water
- Still Water
- Functional Water
- Global Bottled Water Market, By Packaging, 2021 - 2031 (USD Million)
- PET
- Cans
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Global Bottled Water Market, By Distribution Channel, 2021 - 2031 (USD Million)
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On-Trade
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Off-Trade
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- Global Bottled Water Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Bottled Water Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape Analysis
- Company Profiles
- Nestlé Waters
- Hangzhou Wahaha Group Co., Ltd.
- The Coca-Cola Company
- Danone
- PepsiCo Inc.
- Natural Waters of Viti Ltd.
- Icelandic Glacial
- Mountain Valley Spring Company
- Dasani
- Company Profiles
- Analyst Views
- Future Outlook of the Market