Global Spring Water Market, By Category (Plain, Flavored), Product (Still Bottle Water, Packaged Drinking Water, Functional Water Bottle, Flavored Bottled Water, Distilled Bottled Water, Carbonated Bottle Water), Quality (Premium, Non-Premium), Origin of Product (Imported, Domestic), Raw Material (Polyethylene Terephthalate (PET), Glass), Pack Size (1501 ml and above , 1001 ml - 1500 ml, 501 ml - 1000 ml, 331 ml - 500ml, 330 ml), Distribution Channel (Store-Based, Non-Store-Based), End User Packaging (Plastic Bottle, Glass Bottle, Drum (Bulk), Can), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Spring Water Market
The spring watermarked size is expected to reach a value of USD 97,862.39 million by 2028. Spring watermarked report analyses the growth, which is currently being growing due to the rapid change in the water consumption habits.
The spring water generally contains a variety of minerals such as magnesium, sodium and calcium. But the amount of minerals varies based on the source from which this spring water is bottled.
The increase in per capita spending and rapid urbanization is one of the major factors anticipated to drive the spring water market growth rate. Moreover, the rise in consumer awareness regarding the health benefits of consuming spring water is also expected to fuel the growth of the spring water market in the forecast period of 2021 to 2028. Also the market is largely driven by the rise in consumer awareness regarding health benefits of preferring spring water. Additionally, the introduction of eco-friendly packaging and flavored water with regulated ingredients, easy portability and convenience provided by spring water along with the rapid expansion of restaurants are also expected to highly impact the growth of the spring water market. While, the high demand from huge population and inefficient water supply management in certain residential areas are also amongst the major factors expected to fuel the growth of the spring water market in the above mentioned forecast period.
In addition, the presence of large number of health-conscious consumers and increase in the incidences of diseases caused by the consumption of contaminated water are expected to bring various opportunities that will lead to the growth of the spring water market in the above mentioned forecast period.
However, the increase in environment pollution through plastic bottles and lack of awareness regarding health issues through low-cost tap water are expected to act as a major limiting factor for spring water market, whereas the, spring water is not cost effective when compared to the other drinks which can challenge the growth of the spring water market in the forecast period of 2021 to 2028.
This spring water market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the spring water market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Spring Water Market Scope and Market Size
The spring water market is segmented on the basis of category, product, quality, origin of product, raw material, pack size, distribution channel and end user packaging. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on category, the spring water market is segmented into plain and flavored.
- Based on product, the spring water market is segmented into still bottle water, packaged drinking water, functional water bottle, flavored bottled water, distilled bottled water and carbonated bottle water.
- On the basis of quality, the spring water market is segmented into premium and non-premium.
- Based on origin of product, the spring water market is segmented into imported and domestic.
- On the basis of raw material, the spring water market is segmented into polyethylene terephthalate (PET) and glass.
- On the basis of pack size, the spring water market is segmented into1501 ml and above , 1001 ml - 1500 ml, 501 ml - 1000 ml, 331 ml - 500ml and 330 ml.
- The distribution channel segment of the spring water market is segmented into store-based and non-store-based. The store-based segment has further been segmented into supermarkets and hypermarkets, convenience stores and others.
- On the basis of end user packaging, the spring water market is segmented into plastic bottle, glass bottle, drum (bulk) and can.
Spring Water Market Country Level Analysis
The spring water market is analyzed and market size, volume information is provided by country, category, product, quality, origin of product, raw material, pack size, distribution channel and end user packaging as referenced above.
The countries covered in the spring water market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe leads the spring water market because of the large number of health-conscious consumers and increase in the use of bottled beverages. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the large population base and increase in the incidences of ill health and diseases caused by the consumption of contaminated water.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Spring Water Market Share Analysis
The spring water market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to spring water market.
The major players covered in the spring water market report are Nestlé, PepsiCo, Inc., The Coca-Cola Company, DANONE, Primo Water Corporation, FIJI Water Company LLC,GEROLSTEINER BRUNNEN GMBH & CO. KG, VOSS WATER,RHODIUS Mineralquellen und Getränke GmbH & Co. KG, CG Roxane, LLC, Vichy Catalan Corporation, Himalayan, Mountain Valley Spring Water, Bisleri International Pvt. Ltd., SANPELLEGRINO, LaCroix Beverages, Inc., SUNTORY HOLDINGS LIMITED, A.G. Barr, Ferrarelle, and Keurig Dr Pepper Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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