Bottled Water Market Research Report and Forecast up to 2024 Bottled Water Market - Global Industry Analysis, S
Bottled
Water
Market
-
Global
Industry
Analysis, Size, Share, Growth, Trends and
Forecast 2016 - 2024
Global Bottled Water Market: Overview
Transparency Market Research (TMR) offers an 8-year forecast for the global bottled
water market between 2016 and 2024. In terms of value, the market is expected to
register a CAGR of 6.6% during the forecast period (2016–2024). The main objective
of the report is to offer insights on the advancements in the bottled water market.
The study demonstrates market dynamics that are expected to influence the current
environment and future status of the global bottled water market over the forecast
period. The report aims to offer updates on trends, drivers, restraints, value
forecasts, and opportunities for manufacturers operating in the global bottled water
market.
View Report @ http://www.transparencymarketresearch.com/bottled-
water-market.html
Global Bottled Water Market: Drives and Restraints
Factors such as increasing health consciousness, hygiene awareness, lack of well-
developed public water infrastructure and demand for functional bottled water are
expected to fuel revenue and volume growth of the global bottled water market.
Bottled water manufacturers are introducing new products with health benefits and
new flavours which is resulting several product launches in the bottled water
market. The new products offering functional benefits, better taste and convenience
are preferred by consumers. Increasing disposable income and consumer
preferences for bottled water over aerated drinks and rising demand for functional
and flavoured water are expected to further fuel demand for bottled water across
the world. Globally, the growth of PET bottles sector has led to widespread supply
of bottled water, through wide network organized markets as well as several
grocery and club stores. These factors are expected to bolster growth of the bottled
water market in the near future.
A section of the report discusses how the overall competition in the market is
steadily increasing. It discusses various factors shaping the internal as well as
external competition in the market. Overall internal competition in the bottled water
market is observed to be comparatively high owing to a large number of major
providers of bottled water products and increasing number of small domestic
players in the market. The global bottled water industry is facing external