Albany, NY -- (SBWIRE) -- 04/05/2018 -- Bottled water is drinking water packaged in plastic or glass water bottles. It can be carbonated or noncarbonated and flavored or unflavored. It is produced from groundwater or public water sources. The production of Bottled water can be segmented based on the products and applications. The bottled water processing should take place in a safe environment, and it is very critical to avoid any contamination of pathogenic bacteria.

A comprehensive analysis of this market is also presented by product (unflavored bottled spring water and flavored bottled spring water), by distribution channel (supermarkets and hypermarkets, convenience stores, and individual retailers), and by geography (Americas, APAC, Europe, and MEA).

The health benefits associated with the consumption of spring water is one of the key factors driving this market's growth. Spring water is collected from natural, mountain, or artesian springs. Some of the benefits associated with drinking spring water is that it is devoid of contaminants usually found in drinking water as it comes from water that flows to the surface from a clean underground water source. Moreover, the water is also rich in minerals that are extremely beneficial for the body. Also, spring water has a neutral or slighly alkaline pH, which helps in neutralizing the acidity in the body and reduces the damage caused by free radicals.

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The introduction of a variety of new flavors of spring water in the market is of the recent trends gaining significant traction. The vendors in the market are constantly striving to come up with new flavors of spring water to cater to the changing consumer preferences and to keep the consumers interested in the market. For instance, in October 2016, Ice River Springs announced the launch of its new product Ice River Green. The product is available in three flavors — lemon, lime, and orange tangerine. Similarly, Imperial Spring Water launched spring water products flavored like alcoholic beverages, and the flavors included Gin & Tonic, Pastiche, Whiskey & Cola, and Rum & Cola, and Rosé. The products, however, contain no alcohol, artificial flavors, or added sugar. With the advent of such flavors of bottled spring water, the market is likely to have a positive outlook over the next few years.

The global bottled water market to grow at a CAGR of 7.95% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global bottled water market for 2017-2021. To calculate the market size, the report considers the sales of various types of bottled water such as bottled spring water, still drinking water and sparkling water.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

report, Global Bottled Water Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Competitive landscape and key vendors

The global bottled spring water market is highly dynamic as it is subject to rapid changes in consumer demand and preferences. The market is highly fragmented because of the presence of numerous small and large vendors. The vendors in the market compete on the basis of factors such as price, quality, innovation, reputation, and distribution. The intense competition among the vendors in the market often encourages them to reduce their product prices, negatively affecting margins and market growth.

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Key vendors in this market are -

Coca-Cola
Danone
Nestlé
The Mountain Valley Spring Company
Tibet Water Resources

Other prominent vendors in the market include Aqua Gold, Boreal Water Collection, Icelandic Water Holdings, Isbre Holding, Suntory Group, and VOSS of Norway.

Market driver
Increasing premiumization in bottled water
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Market challenge
Threat from substitute products
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Market trend
Increased demand for bottled water with added minerals
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Key questions answered in the report include
What will the market size and the growth rate be in 2021?
What are the key factors driving the global bottled spring water market?
What are the key market trends impacting the growth of the global bottled spring water market?
What are the challenges to market growth?
Who are the key vendors in the global bottled spring water market?
What are the market opportunities and threats faced by the vendors in the global bottled spring water market?
What are the trending factors influencing the market shares of the Americas, APAC, Europe, and MEA?
What are the key outcomes of the five forces analysis of the global bottled spring water market?