Bottled Water Market, By Product Type (Still Water, Carbonated Water, Functional Water, and Flavored Water), By Packaging (Cans, PET, and Others), By Distribution Channel (On-Trade, and Off-Trade) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Bottled Water Market was valued at US$ 360.4 Billion in 2024 and is projected to grow at a CAGR of 7.00% to reach US$ 667.6 Billion by 2034.

The bottled water market has witnessed significant growth in recent years, driven by increasing consumer awareness regarding the importance of hydration, a shift towards healthier beverage choices, and concerns about the quality of tap water in certain regions. Bottled water refers to water packaged in plastic or glass containers for consumption.

Dividing this target market into segments:

Bottled Water Market is segmented based on Type, Category, Sales Channel and Region.

Product Type Insight

On the basis of Product Type, the target market is segmented into Still Water, Carbonated Water, Functional Water, and Flavored Water.

Packaging Insight

On the basis of Packaging, the target market is segmented into Cans, PET, and Others.

Distribution Channel Insight

On the basis of Distribution Channel, the target market is segmented into On-Trade, and Off-Trade.

Regional Insights:

On region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

• North America market is estimated to witness a significantly high revenue share over the forecast period due to rising investment and funding. The bottled water business in North America is well-established, and consumers there have a strong sense of wellness and health.
• Asia Pacific market is estimated to witness a fastest revenue share over the forecast period. The Asia-Pacific region experiences robust growth in the bottled water market, driven by urbanization, changing lifestyles, and a rising middle class.

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.

The key players operating the Bottled Water Market includes, Nestle Waters S.A., The Hangzhou Wahaha Group Co., Ltd., The Coca-Cola Company, Danone SA., PepsiCo Inc., Natural Waters of Viti Ltd., Icelandic Water Holdings ehf, Mountain Valley Spring Company, LLC, S. Dasani & Co., Niagara Bottling, LLC.

Recent Development:

             The New Launched Product News,

• In June 2023, ZenWTR, the world's first beverage in a bottle made from 100% recycled, certified ocean-bound plastic, launched a newly refreshed brand design reinforcing its commitment to ocean preservation and sustainability. The redesigned brand identity represents ZenWTR's commitment to providing delicious, ultra-pure vapor distilled water and encouraging consumer and industry development.
• In August 2023, Coca-Cola India, a Coca-Cola Co. subsidiary headquartered in Gurugram, India, launched a 100 percent-recycled polyethylene terephthalate (rPET) water bottle. After a comprehensive evaluation of the material's food safety, the FSSAI approved the use of recycled PET in food packaging, making the introduction of the rPET bottle feasible.