Bottled Water Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

Bottled Water Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

  • Submitted By: amyjames
  • Date Submitted: 10/07/2015 10:28 PM
  • Category: Business
  • Words: 1795
  • Page: 8

Transparency Market
Research

Bottled Water Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2014 - 2020

Published Date
10-07-2014

96 Page Report

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Press Release

Bottled Water Market Predicted to Expand at 8.3% CAGR
between 2014 and 2020 owing to Increase in Healthcare
Awareness

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Bottled Water Market

REPORT DESCRIPTION

Bottled water is regulated under the packaged food products by the Food and Drug Administration (FDA)
and is one of the fastest selling liquid refreshment drinks globally. In the food and beverage industry, the
bottled water market is one of the dynamic and fastest growing markets. Growing health concerns for
health, increasing disposable income, availability of functional water in various flavors, portability of
hygienic water in bottled packaging and launch of new innovative packaging have an imperative role in the
growth of bottled water market. The global market for the bottled water was worth USD 157.27 billion in
2013.
The bottled water market is regulated on three levels – federal, state and members of the International
Bottled Water Association (IBWA), at the industry level. The bottled water market unlike other food and
beverage market is less affected due to the fluctuations in the prices of raw material. Water is prime raw
material and is found in abundance, however the price of plastics used for packaging varies and thus
bottlers gains less profit over bottled water. The bottled water market is volume driven market and thus
demand and consumption varies significantly from one region to another region. While Western regions
have high per- capita consumption, Eastern nations has comparatively low per- capita consumption.
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