North America Bottled Water Market Forecast to 2028

North America 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 : BMIRE00025955 | Region : North America | Industry : Consumer Goods | Published Date : 16/Sep/2022

The North America bottled water market is expected to grow from US$ 72.02 billion by 2022 to US$ 104.12 billion by 2028. It is estimated to grow at a CAGR of 6.3% from 2022 to 2028.

Health has become an increasingly influential factor in consumers' choice of soft drinks. Various health issues are influencing the dynamics of the soft drinks industry. Nowadays, consumers are looking for healthier alternatives to carbonated soft drinks and are gradually shifting from soda to bottled water. This shift is mainly driven by a change in consumers' preferences from high-sugar and unnatural drinks to healthier alternatives. Soft drinks, particularly carbonates, have been criticized for their high sugar content. The increasing demand for healthy soft drink options has resulted in a huge requirement for bottled water.

Furthermore, carbonated water can also lead to problems, such as digestive issues, weight gain, and heartburn. For the soft drinks industry, the growing issue of obesity is a major challenge.

Once associated with high-income countries, obesity is now also prevalent in low- and middle-income countries. The high consumption of sugar-rich soft drinks has contributed to this problem. Various bottled water companies are highly focused on offering flavored and functional water. These products are in high demand due to the growing concerns about rising obesity levels. Consumers are increasingly shifting toward low-calorie flavored water and functional water. Hence, a shift in demand from carbonated soft drinks to bottled water is driving the market substantially. The North America bottled water market is expected to grow at a notable CAGR during the forecast period.

North America Bottled Water Market Revenue and Forecast to 2028 (US$ Billion)

North America Bottled Water Market Segmentation

The North America 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 the US, Mexico, and Canada. The US has contributed a substantial share in 2022.

Danone S.A., Bluetriton Brands, Inc.; FiJI Water Company LLC; Gerolsteiner Brunnen Gmbh and Co.Kg; Nestle S.A.; PepsiCo, Inc.; RHODIUS mineralquellen und Getranke Gmbh & CO.KG; the Coca-Cola Company; and Voss of Norway AS are the leading companies operating in the market.

At 6.3% CAGR, the North America Bottled Water Market is speculated to be worth US$ 104.12 billion by 2028, says The Insight Partners

According to The Insight Partners’ research, The North America bottled water market was valued at US$ 72.02 billion in 2022 and is expected to reach US$ 104.12 billion by 2028, registeringan annual growth rate of 6.3% from 2022 to 2028.Increase in health concerns among consumers and shift in demand from carbonated soft drinks to bottled water are the critical factors attributed to the market expansion.

There is an increasing demand for bottled water due to rising health concerns among consumers about consuming contaminated water. Such conditions raise consumers' hygiene standards toward drinking safe water to maintain a healthy life. In places where people have no access to a safe water system or their water system does not supply high-quality water, bottled water is used as an alternative. Additionally, the heightened awareness of the need to stay hydrated has also been driving The North America bottled water market.

Increasing health awareness among consumers is leading to a rise in the adoption of new products with health benefits. Bottled water manufacturing companies are also extensively introducing new products to provide consumers with functional benefits, better taste, and convenience. In 2019, Nestlé launched Nestlé Pure Life Active. It is the first alkaline variant of the brand’s bottled water produced locally. Such innovative products offer several health benefits to consumers. As a result, many health-conscious people are choosing bottled water over other beverages, which also contributes to the increase in sales. Hence, an increase in health concerns among consumers is creating the demand for bottled drinking water, thus driving the market.

On the contrary,environmental Impacts of bottled water hurdles the growth of the North America bottled water market.

Based on type, North America bottled water market is bifurcated into sparkling and still. The still segment held 56.32% market share in 2022, amassing US$ 40.56 billion. It is projected to garner US$ 57.70 billion by 2028 to expand at 6.1% CAGR during 2022–2028.

Based on category, North America bottled water market is bifurcated into functional and conventional. The conventional segment held 79.85% market share in 2022, amassing US$ 57.51 billion. It is projected to garner US$ 83.84 billion by 2028 to expand at 6.5% CAGR during 2022–2028.

Based on flavor, North America bottled water market is bifurcated into plain and flavored. The plain segment held 71.18% market share in 2022, amassing US$ 51.26 billion. It is projected to garner US$ 72.71 billion by 2028 to expand at 6.0% CAGR during 2022–2028.

Based on distribution channel, North America bottled water market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The convenience stores segment held 40.41% market share in 2022, amassing US$ 29.10 billion. It is projected to garner US$ 42.19 billion by 2028 to expand at 6.4% CAGR during 2022–2028.

Based on country, North America bottled water market has been categorised into the US, Canada, and Mexico. Our regional analysis states that US captured 83.34% market share in 2022. It was assessed at US$ 60.02 billion in 2022 and is likely to hit US$ 87.97 billion by 2028, exhibiting a CAGR of 6.6% during the forecast period.

Key players dominating North America bottled water market are Danone S.A, Bluetriton Brands,Inc; FiJI Water Company LLC; Gerolsteiner Brunnen Gmbh And Co.Kg; Nestle S.A; PepsiCO,Inc; RHODIUS mineralquellen and Getranke Gmbh & CO.KG; 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 North America Bottled Water Market, by Type

1.3.2 North America Bottled Water Market, by Category

1.3.3 North America Bottled Water Market, by Flavor

1.3.4 North America 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. North America Bottled Water Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. North America 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. North America Bottled Water – Market Analysis

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

7. North America 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. North America 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. North America 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. North America 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. North America Bottled Water Market – Country Analysis

11.1 North America: Bottled Water Market

11.1.1 North America: Bottled Water Market, by Key Country

11.1.2 North America: Bottled Water Market, by Key Country

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

11.1.2.1.1 US: Bottled Water Market , by Type

11.1.2.1.2 US: Bottled Water Market , by Category

11.1.2.1.3 US: Bottled Water Market , by Flavor

11.1.2.1.4 US: Bottled Water Market , by Distribution Channel

11.1.2.2 Canada: Bottled Water Market –Revenue and Forecast to 2028 (US$ Billion)

11.1.2.2.1 Canada: Bottled Water Market , by Type

11.1.2.2.2 Canada: Bottled Water Market , by Category

11.1.2.2.3 Canada: Bottled Water Market , by Flavor

11.1.2.2.4 Canada: Bottled Water Market , by Distribution Channel

11.1.2.3 Mexico: Bottled Water Market –Revenue and Forecast to 2028 (US$ Billion)

11.1.2.3.1 Mexico: Bottled Water Market , by Type

11.1.2.3.2 Mexico: Bottled Water Market , by Category

11.1.2.3.3 Mexico: Bottled Water Market , by Flavor

11.1.2.3.4 Mexico: Bottled Water Market , 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 Bluetriton Brands, Inc.

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 FIJI Water Company LLC.

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 Gerolsteiner Brunnen Gmbh And Co. Kg

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 Nestlé S.A.

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 RHODIUS Mineralquellen und Getränke GmbH & Co. KG

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 The Coca-Cola Company

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

13.9 Voss of Norway AS

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES.

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

Table 2.             US Bottled Water Market , by Type – Revenue and Forecast to 2028 (USD Billion)

Table 3.             US Bottled Water Market , by Category – Revenue and Forecast to 2028 (USD Billion)

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

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

Table 6.             Canada: Bottled Water Market , by Type – Revenue and Forecast to 2028 (USD Billion)

Table 7.             Canada: Bottled Water Market , by Category – Revenue and Forecast to 2028 (USD Billion)

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

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

Table 10.          Mexico Bottled Water Market , by Type – Revenue and Forecast to 2028 (USD Billion)

Table 11.          Mexico Bottled Water Market , by Category – Revenue and Forecast to 2028 (USD Billion)

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

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

Table 14.          List of Abbreviation

LIST OF FIGURES.

Figure 1.           North America Bottled Water Market Segmentation

Figure 2.           North America Bottled Water Market Segmentation – By Country

Figure 3.           North America Bottled Water Market Overview

Figure 4.           North America Bottled Water Market, By Type

Figure 5.           North America Bottled Water Market, by Country

Figure 6.           North America Porter's Five Forces Analysis

Figure 7.           Ecosystem: North America Bottled Water Market

Figure 8.           North America Expert Opinion

Figure 9.           North America Bottled Water Market Impact Analysis of Driver and Restraints

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 25.        North America: Bottled Water Market Revenue Share, by Key Country (2021 and 2028)

Figure 26.        North America: Bottled Water Market Revenue Share, by Key Country (2021 and 2028)

Figure 27.        US: Bottled Water Market –Revenue and Forecast to 2028 (US$ Billion)

Figure 28.        Canada: Bottled Water Market –Revenue and Forecast to 2028 (US$ Billion)

Figure 29.        Mexico: Bottled Water Market –Revenue and Forecast to 2028 (US$ Billion)

The List of Companies - North America Bottled Water Market

● Danone S.A.

● Bluetriton Brands,Inc.

● FiJI Water Company LLC.

● Gerolsteiner Brunnen Gmbh and Co.Kg.

● Nestle S.A.

● PepsiCo, Inc.

●  RHODIUS mineralquellen und Getranke Gmbh & CO.KG.

● 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 North America bottled water market.

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

● The key findings and recommendations highlight crucial progressive industry trends in North America 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 North America 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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