Global Bottled Water Market Insights & Growth Forecast Highlighting 6.44% CAGR during 2017 – 2024
The growing trend among urban populations to make drinking water purified and easily accessible has indeed motivated the market for bottled water. At present, the overall demand for bottled water is rising due to numerous reasons, which are carefully studied and evaluated through a smart research report added to the wide database of Market Research Hub (MRH). This report is titled “Bottled Water Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2024”, which talks about the current & future insights focusing on the advancements in the global bottled water market.
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This report study aims to offer a precise update on ongoing trends, drivers, value forecasts, restraints and opportunities. Furthermore, market size and revenue share for several regions is also enclosed, which does prove useful for readers and new investors. Apart from this, other important aspects such as absolute $ opportunity, market regulations and industry supply chain analysis is also covered in the report. As per active research analytics, the global market for bottled water is anticipated to rise at a CAGR of 6.44% during the forecast period, 2017-2024. Based on revenue, the market is likely to acquire a valuation of US$307.2 billion during the mentioned period.
The report states that, manufacturers of bottled water are presenting new products having health benefits & new flavors; this is expected to offer functional benefits, convenience and better taste to the consumers. Furthermore, increasing disposable income together with consumer preferences towards bottled water, the market is projected to show positive signs in the coming years. The prominent regions examined in the report are North America, Europe, Asia Pacific (APAC), Latin America and Middle East & Africa (MEA). Each of these regions are analyzed on the basis of Y-o-Y growth projections, market size and BPS analysis.
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The final section of the report presents the competitive landscape which profiles the key players functioning in the global bottled water market. Key categories of players covered in the report include bottled water manufacturers, suppliers, as well as major retailers & raw material suppliers. Nestle Waters, PepsiCo Inc, Groupe Danone,The Coca Cola Company, Suntori Beverage & Food Ltd, Mountain Valley Spring Company, LLC., Unicer - Bebidas SA, Icelandic Water Holdings ehf., Grupo Vichy Catalan and CG Roxane, LLC, are some companies that have been debated in this report study. The players are analyzed in terms of financials, product offerings, recent developments and strategic overview.
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