The
bottled water market is poised for robust growth globally driven
mainly by consumers increasingly shifting away from carbonated,
sugar-loaded beverages. This change in consumer preferences will
drive up demand for various varieties of bottled water, finds
Transparency Market Research in its latest report, titled ‘Bottled
Water Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2014 - 2020.’ TMR pegs the global bottled water market
at US$157.27 bn in 2013, and states that the market is expected to
exhibit a CAGR of 8.7% to rise to US$279.65 bn by 2020.
In
terms of volume, TMR says that the global bottled water market stood
at 267.91.billion liters in 2013 and will rise remarkably to touch
465.12 billion liters by the end of 2020. This translates to a 8.3%
CAGR for the global bottled water market in terms of volume. This
points toward the growing attractiveness of the bottled water market
in the global food and beverage industry. Although there is no dearth
of growth impellers for the market for bottled water, companies in
the market will find their growth hindered to some degree by the
availability of low-cost tap water. While this impact will not be a
devastating one—as can be deciphered from the robust growth
projections for this market—companies in the bottled water market
will nevertheless have to find ways to penetrate the cost-sensitive
markets in growth economies.
Browse
full
Bottled
Water Market
report at :
http://www.transparencymarketresearch.com/bottled-water-market.html
TMR
identifies two key opportunities for companies in the bottled water
market – designing equipment that will cater to the needs of
small-scale bottling operations and the development of sustainable
and non-toxic packaging materials that will appeal to eco-conscious
consumers.With the presence of a number of local artisanal bottlers
and private label brands selling their own brands of bottled water,
the global bottled water market is fragmented in nature. This
explains why about 60% of the global bottled water market is held by
hundreds of bottled water companies of varying sizes. However, two
global players – Groupe Danone and Nestle – held a sizeable share
of the global bottled water market in 2013.
For
the purpose of this study, TMR analysts have segmented the global
bottled water market based on products and the regional markets. By
product type, the global bottled water market is segmented into
carbonated water, still water, functional water, and flavored water.
In 2013, still water was the largest product segment globally, with a
market share (revenue) just short of 65%. However, the demand for
flavored and functional bottled water is growing at a faster pace
than that for still water as consumers are now looking for products
aligned with their fitness and well-being goals.
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a Brochure of this Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=658
In
2013, the carbonated bottled water segment stood as the second
largest in the market, accounting for 22.9% of all revenue as of
2013. However, the carbonated bottled water segment is losing its
sparkle as more consumers now prefer spending on healthy hydration
products.
Likewise,
by region, the global bottled water is composed of North America,
Europe, Asia Pacific, and Rest of the World. The bottled water market
is spread worldwide with processing and bottling operations taking
place in numerous countries worldwide. Bottled water exports are
proving increasingly lucrative, leading investments to be funneled
into the bottled water market. In 2013, Asia Pacific raked in about
33% of all revenues in the global bottled water market. In the next
few years, mature markets in North America and Europe will concede
ground to growth markets in Rest of the World and Asia Pacific, says
TMR.
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
Browse
the full Press Release :
http://www.transparencymarketresearch.com/pressrelease/bottled-water-market.htm
About
Us
Transparency
Market Research (TMR) is a global market intelligence company,
providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of Analysts, Researchers, and Consultants,
use proprietary data sources and various tools and techniques to
gather and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Mr.
Atil Chaudhari
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State Street, Suite 700
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NY 12207
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+1-518-618-1030
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