Asia Pacific Bottled Water Market Forecast to 2028

Asia Pacific Bottled Water Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Sparkling and Still), Category (Functional and Conventional), Flavor (Plain and Flavored), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)

Report Code : BMIRE00025884 | Region : Asia Pacific | Industry : Consumer Goods | Published Date : 14/Sep/2022

The Asia Pacific bottled water market is expected to grow from US$ 74.56 billion by 2022 to US$ 110.45 billion by 2028. It is estimated to grow at a CAGR of 6.8% from 2022 to 2028.

There is an increased emphasis on developing eco-friendly and recyclable packaging solutions for bottled water. For instance, the Coca-Cola Company focuses on increasing recycling rates and driving a more circular economy by incorporating it into its packaging. The company is constantly evolving its packaging to reduce its environmental impact by increasing the use of recycled plastic, which has a smaller carbon footprint than PET and single-use plastic. Additionally, in October 2021, Coca-Cola collaborated with tech partners to create a bottle prototype from 100% plant-based sources. RHODIUS Mineralquellen is also taking a big step toward more sustainability. According to the news released in March 2022, from now on, all the company's PET bottles will be made of 75% recycled PET.

Danone also aims to make its packaging 100% circular. The company has ongoing initiatives to implement eco-design principles for packaging. Evian's pilot program focuses on eliminating nonrecyclable shrink film by using specially designed adhesive and tape handles to keep water bottles together. Therefore, the trend of eco-friendly bottled water packaging is expected to impact the APAC market during the forecast period positively.

Asia Pacific Bottled Water Market Revenue and Forecast to 2028 (US$ Billion)

Asia Pacific Bottled Water Market Segmentation

The Asia Pacific bottled water market is segmented on the basis of type, flavor, category , distribution channel, and country. Based on type, the market is bifurcated into sparkling and still. In 2022, the still segment held the largest market share.

Based on category, the market is bifurcated into functional and conventional. In 2022, the conventional segment held a larger market share. Based on flavor, the market is bifurcated into plain and flavored. In 2022, the plain segment held the largest market share.

Based on distribution channel, the market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. In 2022, the convenience stores segment held the largest market share.

Based on country, the regional market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China has contributed a substantial share in 2022.

Danone S.A.; FiJI Water Company LLC; Nongfu Spring; Gerolsteiner Brunnen Gmbh And Co.Kg; Nestle S.A.; PepsiCo, Inc.; the Coca-Cola Company; and Voss of Norway AS are the leading companies operating in the Asia Pacific bottled water market.

At 6.8% CAGR, the Asia Pacific Bottled Water Market is speculated to be worth US$ 110.45 billion by 2028, says The Insight Partners

According to the Insight Partners’ research, the Asia Pacific bottled water market was valued at US$ 74.56 billion in 2022 and is expected to reach US$ 110.45 billion by 2028, registering an annual growth rate of 6.8% from 2022 to 2028.Growing acceptance of premium bottled water and eco-friendly bottled water packaging are the critical factors attributed to the market expansion.

Premium water bottles set themselves apart from the mainstream with a unique selling point. They attract a target group of consumers and command a higher value than the mainstream market. Price could be linked with the source of water, which may have a distinct mineral composition or link to a specific place or area. The purity of water and added functionality are also some of the key selling points. Premium bottled water may have less sodium content, high mineral content, and special glass or plastic packaging. Nowadays, consumers are seeking added value in their purchases and turning to premium brands. Premium bottle water satisfies the growing consumer needs by introducing value-adding to the drinking water. The demand for premium water is expanding from a niche category of consumers to a wider audience. Furthermore, various premium brands are moving beyond bottled water into other categories. Brands such as evian and volvic have expanded their range from pure water to flavors and fruit inclusions. Hence, the growing acceptance of premium bottled water will offer lucrative opportunities for the growth of The APAC bottled water market during the forecast period.

On the contrary, environmental Impacts of bottled water hurdles the growth of the Asia Pacific bottled water market.

Based on type, the Asia Pacific Bottled Water market is bifurcated into sparkling and still. The still segment held 62.62% market share in 2022, amassing US$ 46.69 billion. It is projected to garner US$ 68.27 billion by 2028 to expand at 6.5% CAGR during 2022–2028.

Based on category, the Asia Pacific bottled water market is bifurcated into functional and conventional. The conventional segment held 78.87% market share in 2022, amassing US$ 58.80 billion. It is projected to garner US$ 88.02 billion by 2028 to expand at 7.0% CAGR during 2022–2028.

Based on flavor, the Asia Pacific bottled water market is bifurcated into plain and flavored. The plain segment held 71.03% market share in 2022, amassing US$ 52.96 billion. It is projected to garner US$ 77.44 billion by 2028 to expand at 6.5% CAGR during 2022–2028.

Based on distribution channel, the Asia Pacific bottled water market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The convenience stores segment held 42.28% market share in 2022, amassing US$ 31.52 billion. It is projected to garner US$ 46.88 billion by 2028 to expand at 6.8% CAGR during 2022–2028.

Based on country, the Asia Pacific bottled water market has been categorized into the Australia, China, India, Japan, South Korea, and Rest of Asia Pacific. Our regional analysis states that China captured 44.87% market share in 2022. It was assessed at US$ 33.45 billion in 2022 and is likely to hit US$ 51.67 billion by 2028, exhibiting a CAGR of 7.5% during the forecast period.

Key players dominating the Asia Pacific bottled water market are Danone S. A; FiJI Water Company LLC; Nongfu Spring; Gerolsteiner Brunnen Gmbh and Co. Kg; Nestle S.A; PepsiCo, Inc; the Coca-Cola Company; and Voss of Norway AS among others.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 APAC Bottled Water Market, by Type

1.3.2 APAC Bottled Water Market, by Category

1.3.3 APAC Bottled Water Market, by Flavor

1.3.4 APAC Bottled Water Market, by Distribution Channel

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. APAC Bottled Water Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. APAC Bottled Water Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increase in Health Concerns Among Consumers

5.1.2 Shift in demand from Carbonated Soft Drinks to Bottled Water

5.2 Market Restraints

5.2.1 Environmental Impacts of Bottled Water

5.3 Market Opportunities

5.3.1 Growing Acceptance of Premium Bottled Water

5.4 Future Trends

5.4.1 Eco-Friendly Bottled Water Packaging

5.5 Impact Analysis Of Drivers And Restraints

6. APAC Bottled Water – Market Analysis

6.1 APAC Bottled Water Market –Revenue and Forecast to 2028 (USD Billion)

7. APAC Bottled Water Market Analysis – By Type

7.1 Overview

7.2 Bottled Water Market Breakdown, by Type, (2021 and 2028)

7.3 Sparkling

7.3.1 Overview

7.3.2 Sparkling: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

7.4 Still

7.4.1 Overview

7.4.2 Still: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

8. APAC Bottled Water Market Analysis – By Category

8.1 Overview

8.2 Bottled Water Market Breakdown, by Category, (2021 and 2028)

8.3 Functional

8.3.1 Overview

8.3.2 Functional: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

8.4 Conventional

8.4.1 Overview

8.4.2 Conventional: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

9. APAC Bottled Water Market Analysis – By Flavor

9.1 Overview

9.2 Bottled Water Market Breakdown, by Flavor, (2021 and 2028)

9.3 Plain

9.3.1 Overview

9.3.2 Plain: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

9.4 Flavored

9.4.1 Overview

9.4.2 Flavored: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

10. APAC Bottled Water Market Analysis – By Distribution Channel

10.1 Overview

10.2 Bottled Water Market Breakdown, by Distribution Channel, (2021 and 2028)

10.3 Supermarkets and Hypermarkets

10.3.1 Overview

10.3.2 Supermarkets and Hypermarkets: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

10.4 Convenience Stores

10.4.1 Overview

10.4.2 Convenience Stores: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

10.5 Online Retail

10.5.1 Overview

10.5.2 Online Retail: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

10.6 Others

10.6.1 Overview

10.6.2 Others: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

11. APAC Bottled Water Market – Country Analysis

11.1 Asia-Pacific: Bottled Water Market

11.1.1 Asia-Pacific Bottled Water Market Breakdown, by Key Countries

11.1.2 Asia-Pacific Bottled Water Market Breakdown, by Key Countries

11.1.2.1 Australia Bottled Water Market Revenue Forecasts to 2028 (US$ Billion)

11.1.2.1.1 Australia Bottled Water Market Breakdown by Type

11.1.2.1.2 Australia Bottled Water Market Breakdown by Category

11.1.2.1.3 Australia Bottled Water Market Breakdown by Flavor

11.1.2.1.4 Australia Bottled Water Market Breakdown by Distribution Channel

11.1.2.2 China Bottled Water Market Revenue Forecasts to 2028 (US$ Billion)

11.1.2.2.1 China Bottled Water Market Breakdown by Type

11.1.2.2.2 China Bottled Water Market Breakdown by Category

11.1.2.2.3 China Bottled Water Market Breakdown by Flavor

11.1.2.2.4 China Bottled Water Market Breakdown by Distribution Channel

11.1.2.3 India Bottled Water Market Revenue Forecasts to 2028 (US$ Billion)

11.1.2.3.1 India Bottled Water Market Breakdown by Type

11.1.2.3.2 India Bottled Water Market Breakdown by Category

11.1.2.3.3 India Bottled Water Market Breakdown by Flavor

11.1.2.3.4 India Bottled Water Market Breakdown by Distribution Channel

11.1.2.4 Japan Bottled Water Market Revenue Forecasts to 2028 (US$ Billion)

11.1.2.4.1 Japan Bottled Water Market Breakdown by Type

11.1.2.4.2 Japan Bottled Water Market Breakdown by Category

11.1.2.4.3 Japan Bottled Water Market Breakdown by Flavor

11.1.2.4.4 Japan Bottled Water Market Breakdown by Distribution Channel

11.1.2.5 South Korea Bottled Water Market Revenue Forecasts to 2028 (US$ Billion)

11.1.2.5.1 South Korea Bottled Water Market Breakdown by Type

11.1.2.5.2 South Korea Bottled Water Market Breakdown by Category

11.1.2.5.3 South Korea Bottled Water Market Breakdown by Flavor

11.1.2.5.4 South Korea Bottled Water Market Breakdown by Distribution Channel

11.1.2.6 Rest of Asia-Pacific Bottled Water Market Revenue Forecasts to 2028 (US$ Billion)

11.1.2.6.1 Rest of Asia-Pacific Bottled Water Market Breakdown by Type

11.1.2.6.2 Rest of Asia-Pacific Bottled Water Market Breakdown by Category

11.1.2.6.3 Rest of Asia-Pacific Bottled Water Market Breakdown by Flavor

11.1.2.6.4 Rest of Asia-Pacific Bottled Water Market Breakdown by Distribution Channel

12. Industry Landscape

12.1 Overview

12.2 Merger & Acquisition

12.3 Business Planning and Strategy

12.4 Expansion & Collaboration

12.5 Product News

13. Company Profiles

13.1 Danone S.A.

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 FIJI Water Company LLC.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Gerolsteiner Brunnen Gmbh And Co. Kg

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Nestlé S.A.

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Nongfu Spring

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 PepsiCo, Inc.

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 The Coca-Cola Company

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Voss of Norway AS

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES.

Table 1.             APAC Bottled Water Market –Revenue and Forecast to 2028 (USD Billion)

Table 2.             Australia Bottled Water Market Revenue and Forecasts to 2028 – By Type (US$ Billion)

Table 3.             Australia Bottled Water Market Revenue and Forecasts to 2028 – By Category (US$ Billion)

Table 4.             Australia Bottled Water Market, by Flavor – Revenue and Forecast to 2028 (USD Billion)

Table 5.             Australia Bottled Water Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Billion)

Table 6.             China Bottled Water Market Revenue and Forecasts to 2028 – By Type (US$ Billion)

Table 7.             China Bottled Water Market Revenue and Forecasts to 2028 – By Category (US$ Billion)

Table 8.             China Bottled Water Market, by Flavor – Revenue and Forecast to 2028 (USD Billion)

Table 9.             China Bottled Water Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Billion)

Table 10.          India Bottled Water Market Revenue and Forecasts to 2028 – By Type (US$ Billion)

Table 11.          India Bottled Water Market Revenue and Forecasts to 2028 – By Category (US$ Billion)

Table 12.          India Bottled Water Market, by Flavor – Revenue and Forecast to 2028 (USD Billion)

Table 13.          India Bottled Water Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Billion)

Table 14.          Japan Bottled Water Market Revenue and Forecasts to 2028 – By Type (US$ Billion)

Table 15.          Japan Bottled Water Market Revenue and Forecasts to 2028 – By Category (US$ Billion)

Table 16.          Japan Bottled Water Market, by Flavor – Revenue and Forecast to 2028 (USD Billion)

Table 17.          Japan Bottled Water Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Billion)

Table 18.          South Korea Bottled Water Market Revenue and Forecasts to 2028 – By Type (US$ Billion)

Table 19.          South Korea Bottled Water Market Revenue and Forecasts to 2028 – By Category (US$ Billion)

Table 20.          South Korea Bottled Water Market, by Flavor – Revenue and Forecast to 2028 (USD Billion)

Table 21.          South Korea Bottled Water Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Billion)

Table 22.          Rest of Asia-Pacific Bottled Water Market Revenue and Forecasts to 2028 – By Type (US$ Billion)

Table 23.          Rest of Asia-Pacific Bottled Water Market Revenue and Forecasts to 2028 – By Category (US$ Billion)

Table 24.          Rest of Asia Pacific Bottled Water Market, by Flavor – Revenue and Forecast to 2028 (USD Billion)

Table 25.          Rest of Asia Pacific Bottled Water Market, by Distribution Channel – Revenue and Forecast to 2028 (USD Billion)

Table 26.          List of Abbreviation

LIST OF FIGURES.

  .

Figure 1.           APAC Bottled Water Market Segmentation

Figure 2.           APAC Bottled Water Market Segmentation – By Country

Figure 3.           APAC Bottled Water Market Overview

Figure 4.           APAC Bottled Water Market, By Type

Figure 5.           APAC Bottled Water Market, by Country

Figure 6.           APAC Porter's Five Forces Analysis

Figure 7.           Ecosystem: APAC Bottled Water Market

Figure 8.           APAC Expert Opinion

Figure 9.           APAC Bottled Water Market Impact Analysis Of Driver And Restraints

Figure 10.        APAC Bottled Water Market – Revenue and Forecast to 2028 (USD Billion)

Figure 11.        APAC Bottled Water Market Breakdown, by Type, (2021 and 2028)

Figure 12.        APAC Sparkling: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 13.        APAC Still: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 14.        APAC Bottled Water Market Breakdown, by Category, (2021 and 2028)

Figure 15.        APAC Functional: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 16.        APAC Conventional: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 17.        APAC Bottled Water Market Breakdown, by Flavor, (2021 and 2028)

Figure 18.        APAC Plain: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 19.        APAC Flavored: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 20.        APAC Bottled Water Market Breakdown, by Distribution Channel, (2021 and 2028)

Figure 21.        APAC Supermarkets and Hypermarkets: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 22.        APAC Convenience Stores: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 23.        APAC Online Retail: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 24.        APAC Others: Bottled Water Market – Revenue and Forecast to 2028 (US$ Billion)

Figure 25.        Asia-Pacific Bottled Water Market Breakdown by Key Countries, 2021 & 2028 (%)

Figure 26.        Asia-Pacific Bottled Water Market Breakdown by Key Countries, 2021 & 2028 (%)

Figure 27.        Australia Bottled Water Market Forecasts to 2028 (US$ Billion)

Figure 28.        China Bottled Water Market Forecasts to 2028 (US$ Billion)

Figure 29.        India Bottled Water Market Forecasts to 2028 (US$ Billion)

Figure 30.        Japan Bottled Water Market Forecasts to 2028 (US$ Billion)

Figure 31.        South Korea Bottled Water Market Forecasts to 2028 (US$ Billion)

Figure 32.        Rest of Asia-Pacific Bottled Water Market Forecasts to 2028 (US$ Billion)

The List of Companies - Asia Pacific Bottled Water Market

● Danone S.A.

● FiJI Water Company LLC.

● Gerolsteiner Brunnen Gmbh And Co.Kg.

● Nestle S.A.

● Nongfu Spring- APAC.

● PepsiCO,Inc.

● The Coca-Cola Company.

● Voss of Norway AS.

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific bottled water market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in Asia Pacific bottled water market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the bottled water market, as well as those hindering it.

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

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