Global Packaged Water Market Overview:
Packaged Waters are commonly used by Tourists and Travelers, these disposable packaged Drinking water bottles are also used for commercial purposes as they symbolize professionalism. The growth in the Packaged Water market is facilitated by growth in Tourism Industry as well as on account of rising demand for professionalism across multiple industry verticals. The disposable nature of water bottles is associated with environmental concerns. Most regions are moving towards sustainability and have established waste management regulations regarding plastics used in packaged food and beverages. Currently the players are invested in improving their existing product offerings to be able to cater to growing demand for packaged foods. Some of the players profiled in the study are Coca-Cola Company (United States), PepsiCo (United States), Nestle (Switzerland), Bisleri (India), Parle Agro (India), Tata Global Beverages (India), Danone (France), Nongfu Spring (China) and Hangzhou Wahaha Group (China).
On the basis of geography, the market of Packaged Water has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Offline (Hypermarkets, Supermarkets, Multi-Brand Stores, Specialty Retail Stores, Independent Retailers) will boost the Packaged Water market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Glass will boost the Packaged Water market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rising Health Awareness
- Growth in Tourism Industry
Influencing Trend
- Demand for Sustainable and Disposable Solutions
Restraints
- Presence of Counterfeit Products
Opportunities
- Regulations Promoting Use of Disposable Bottles
Challenges
- Establish Proper Recycle & Waste Management Mechanism
Key Market Developments:
On 27th February, 2020 Danone Announced its Intended Acquisition of Harrogate Spring Water (Leading United Kingdom Based Premium Water Bottle Manufacturer), this Acquisition will Enhance Danones Portfolio in the UK Market. and On 9th March, 2021 - Nestle Acquired Essentia (Premium Functional Water Manufacturer), the Motive Behind the Acquisition was to Strengthen Nestles Presence in Premium Functional Water Segment.
On 10th November, 2019 Coca Cola Announces its 'Hyperlocal' Strategy to Launch Bottled Water in Regional Markets, This Key Move by Coca Cola is a Part of its Expansion Plan. and On 8th August, 2019 - Nestle Launched its Packaged Water Brand Pure Life. This Product Lunch Is Intended to Capture More Than Half of the Packaged Water Market Share in the Coming Years.
United States, FDA Code of Federal Regulations Title 21; Ensures and Evaluates Manufacturing and Quality Standards That Set Maximum Levels of Contaminant Including Chemical, Physical, Microbial, And Radiological Contaminants Allowed in Packaged Water and European Union, Regulation No 1169/2011; Authorizes and Inspects the Packaged Water to Ensure the Consumption Quality and Labelling of the Packaged Water Bottles Across the European Union
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Target Audience:
Packaged Water Manufactures, New Entrants and Investors, Packaged Water Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Packaged Water market on the basis of product [Still, Carbonated, Flavored and Functional] , application [Adult and Children], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Packaged Water market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Packaged Water industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Manikchand Oxyrich (India), Himalayan (India) and Kingfisher (India).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Packaged Water market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.