Market potential for packaged water industry
Companies such as Danone S. Nonetheless, the utilization of novel ingredients is gaining traction in the global market. This, in turn, is likely to surge the functional water market revenue in the forthcoming years.
Convenience of consumption and its effect on human nutrition are the factors that are increasing the demand of the market.
Bottled water market segmentation
Your premium period will expire in 0 day s close x. To identify high growth areas and analyzing opportunities for the stakeholders in the market. Among the other three segments, functional and flavored water are anticipated to gain moderate ground in the near future whereas carbonated bottle water will lose demand share. Various barriers to entry in the industry are analyzed and rated on the basis of their impact on the competition level in the market. On the other hand, the government should seek to readdress its legal relationship with the private sector with regard to drinking water. Increasing disposable income and consumer preferences for bottled water over aerated drinks and rising demand for functional and flavored water are expected to further fuel demand for bottled water across the world. In conclusion, we all hope that the government will soon issue a legal framework that provides a win-win solution for all parties. It provides a market outlook for — and sets the forecast within the context of the bottled water ecosystem, including strategic developments, latest regulations, and new product offerings in the global bottled water market. To Provide a country-level analysis of the current market size and future prospects.
The government guarantees that current licenses will not be terminated until they expire, and that this will also pertain to licenses still being processed.
A section of the report highlights bottled water demand, region-wise.
Bottled water products market
The growing popularity of functional water among the working class and millennial populations is expected to improve the development of the market. The tendency is for these foreign companies to join or acquire a local company that already has a sizeable share of the bottled water market. The vastly populated region of Asia Pacific had two of the most promising emerging economies in China and India, whose urban populations are the key targets of the vendors operating in this market. The sales of bottled water have recently surpassed soft drinks sales in the United States and the bottled water sector is thus a leading horse prompting companies to invest and expand their functional offerings. However, expanding at an above-average CAGR of 8. Owing to consumer preference for purest form of water and the ease of handling, transportation, and storage — the demand for PET bottles is the strongest. Volume-wise, there will be an estimated demand of
To conclude with, Bottled Water Market report is a complete guide to understand the market trends and plan the business accordingly. Institutional customers include establishments such as restaurants, offices and hotels.
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