And the numbers do not stay idle.
From 2014 to 2017 due to an increasing concern regarding various health problems caused by consumption of contaminated water, the global bottled market grew from $170.6 billion to $238.5 billion following 8.74% yearly growth, states the report on the Bottled Water Market 2018 from The Business Research Company.
By value the market is going to reach $349 billion by 2021 following 10% yearly growth.
The volume’s growth will be a bit lower, but not by a significant number, at 9.3% yearly growth to reach 623 billion liters by 2021.
The consumption of the bottled water in 2017 was the highest in the Asia Pacific region accounting for 42% of the global bottled water consumption.
Following the health awareness trend, bottled water consumers in the Asia Pacific region are also increasingly adopting new products with health benefits, such as functional water, which added functional value in the form of minerals, oxygen and vitamins.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
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