ALBANY, N.Y.--(BUSINESS WIRE)--Transparency Market Research announces the release of a new report titled “Bottled Water Market (Still, Carbonated, Flavored and Functional) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”. According to the report, the global bottled water market stands to grow from a volume of 267.91 billion liters in 2013 to 465.12 billion liters by 2020, registering an 8.3% CAGR during that period.
On the basis of product type, the market for bottled water is categorized into carbonated, still, functional, and flavored. In 2013, still bottled water held the largest share of the revenue at 64.9%, with carbonated bottled water following suit at 22.9%. Carbonated bottled water, however, is projected to lose market share over the coming years. Rise in the health-conscious population around the globe is anticipated to boost the demand for functional and flavored bottled water.
Geographically, the bottled water market is segmented into North America, Europe, Asia Pacific, and Rest of the World. In 2013, Asia Pacific dominated the global market with a 33% share, driven by its growing population, increasing health awareness, rise in disposable income, and introduction of innovative packaging solutions.
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The report indicates that the bottled water market is dominated by local and domestic players rather than international companies. Some of the prominent participants in the global bottled water market are Unicer - Bebidas SA, Suntory Beverage & Food Ltd, Ajegroup SA, HassiaWaters International GmbH & Co. KG, CG Roxane, LLC, Tibet 5100 Water Resources Holdings Ltd., Grupo Vichy Catalan, Icelandic Water Holdings ehf., Fonti Di Vinadio S.P.A., Nestle Waters, Hangzhou Wahaha Group Co., Ltd., PepsiCo, Inc., Mountain Valley Spring Company, LLC, The Coca-Cola Company, and Groupe Danone.
- Blog: http://www.tmrblog.com/2015/03/global-bottled-water-market-is-expected.html
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Transparency Market Research is a U.S.-based market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.