Rise in Wellness Concerns and Evolution of Packaging Initiatives to Boost Demand in the Global Bottled Water Market

Rise in Wellness Concerns and Evolution of Packaging Initiatives to Boost Demand in the Global Bottled Water Market

  • Submitted By: amyjames
  • Date Submitted: 11/19/2015 9:30 PM
  • Category: Business
  • Words: 1937
  • 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

Demand for Functional and Flavored Bottled Water to See
Sustained Increase as Consumers look for Healthy Hydration

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Bottled Water Market

REPORT DESCRIPTION

The global bottled water market is one of the most dynamic markets operating within the foods and
beverages industry. A paradigm shift in consumer preferences in favor of bottled water as a more hygienic
option of drinking water has benefited the market both in terms of demand creation and revenue
generation. According to market research reports, the global bottled water market was valued at
US$157.27 billion in 2013 and is expected to reach US$279.65 billion by the end of 2020, registering an
impressive growth at a CAGR of 8.7% from 2013 to 2020. In terms of volume the market is expected to
grow at a CAGR of 8.3% and reach a market size of 465.12 billion liters by 2020.
The activities inthe bottled water market are regulated by the Food and Drug Administration (FDA) in the
U.S.Bottled water is considered as a type of packaged food under the Federal Food, Drug and Cosmetic
Act. At the global level, its operations are monitored and regulated by the International Council of Bottled
Water Associations (ICBWA).
Browse Full Global Bottled Water Market Report With Complete TOC @
http://www.transparencymarketresearch.com/bottled-water-market.html
The global market for bottled water is highly fragmented in nature,with a large number of private label
brands and local bottlerspitted against each otherin a fierce competition to occupy the larger share of the
market. However, it is...

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