Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for global professionals · Friday, December 4, 2020 · 532,110,551 Articles · 3+ Million Readers

Bottled Water Market is Estimated to Experience a Notable Rise in the Span of Coming Years

Bottled Water Market

Bottled Water Market

Rising health awareness, convenience of use, premium quality and taste, and availability of functional water in different flavors fuel the growth of the market.

PORTLAND, OREGON, UNITED STATES, October 22, 2020 /EINPresswire.com/ -- Rising health awareness, convenience of use, premium quality and taste, and availability of functional water in different flavors fuel the growth of the global bottled water market. On the other hand, stringent regulations for the bottled water, harmful effects of using plastic bottles, and availability of tap water at lower cost impede the growth to some extent. Nevertheless, changing life style patterns of consumers is expected to create lucrative opportunities in the industry.

According to the report published by Allied Market Research, the global bottled water market was estimated at $169.86 billion in 2015 and is expected to hit $319.86 billion by 2022, registering a CAGR of 9.5% from 2014 to 2022. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends.

Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/1802

Covid-19 scenario-
• Bottled water that is readily available in supermarkets and retail stores experienced a decline in its demand from consumers, as most of the stores were brought to closure during the first phase of the lockdown.
• Also, disruptions in the supply chain and shortage in raw materials have negatively impacted the market.
• However, with the existing regulations being eased off gradually in most of the countries, the market is expected to get back to its position soon.

The global bottled water market is analyzed across product type and geography. Based on product type, the functional water bottle segment held the highest share in 2015 and is expected to rule the roost by the end of 2022. The same segment is also expected to register the fastest CAGR throughout the forecast period. The other segments analyzed in the research report include carbonated water, flavored water, and still water.

Get Detailed COVID-19 Impact Analysis on the Bottled Water Market @ https://www.alliedmarketresearch.com/request-for-customization/1802?reqfor=covid

Based on region, Asia-Pacific would remain lucrative till 2022. The region held the largest share in 2015 and is also expected to portray the fastest CAGR OF 10.6% by 2022. The other provinces studied in the report include North America, Europe, and LAMEA.

The key market players analyzed in the global bottled water market report include Hangzhou Wahaha Group Co., Ltd., Dasani, Mountain Valley Spring Company, Nestlé Waters, Danone, PepsiCo Inc., Natural Waters of Viti Ltd., Icelandic Glacial Inc., and The Coca Cola Company.These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry.

Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/bottled-water-market/purchase-options

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

David Correa
Allied Analytics LLP
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

Powered by EIN Presswire


EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.

Submit your press release