Global Bottled Water Market: Growing Health and Hygiene Consciousness Drives Demand, Notes TMR
Obtain Report Details @ http://www.transparencymarketresearch.com/bottled-water-market.html According to the research report released by TMR, the global bottled water market is expected to reach US$307.2 bn by the end of 2024.
The market was valued at US$169.9 bn in 2015 and is expected to rise at a CAGR of 6.6% within a forecast period from 2016 to 2024.
Still bottled water is expected to continue being the dominant product type in the global bottled water market throughout the forecast period.
Regionally, the report shows North America and Europe to be in the lead currently, with a swift pace of growth shown by emerging economies from Asia Pacific and Latin America.
Of these, the primary driver is considered to be the high demand for clean and hygienic drinking water across all regions.
As a result, consumers are demanding for bottled water that is purified through artificial means that can provide a higher level of hygiene than tap water," states a TMR analyst.
Fill the form for an exclusive sample of this report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=658 The global bottled water market is being pushed further by the growing demand for still bottled water among consumers who are looking for clean water that is caffeine-free, calorie-free, and does not contain any artificial ingredients.
The market is also being driven by the increasing amount of disposable incomes present among individuals from emerging economies, where a large number of leading players are beginning to set up manufacturing facilities.
The information presented in this review is based on a Transparency Market Research report, titled, "Bottled Water Market (Product Type – Still Bottle Water, Carbonated Bottle Water, Flavored Bottle Water, and Functional Bottle Water; Packaging – PET Bottles and Glass Bottles; Distribution Channel – Super/Hypermarket, Convenience/Drug Stores, Grocery Stores/Club Stores, and Foodservice/Vending) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024."
Key segments of the Global Bottled Water Market By Product Type Still Bottle Water Carbonated Bottle Water Flavored Bottle Water Functional Bottle Water By Packaging PET Bottles Glass Bottles Others By Distribution Channel Super/Hypermarket Convenience/Drug Stores Grocery Stores/Club Stores Others (Foodservice/Vending) For more information on this press release visit: http://www.sbwire.com/press-releases/bottled-water-market/release-820467.htm Media Relations Contact Transparency Market Research Transparency Market Research Telephone: 518-618-1030 Email: Click to Email Transparency Market Research Web: http://www.transparencymarketresearch.com/bottled-water-market.html