Asia Pacific Bottled Water Market
No. of Pages: 131 | Report Code: BMIRE00025884 | Category: Food and Beverages
No. of Pages: 131 | Report Code: BMIRE00025884 | Category: Food and Beverages
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.
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.
Strategic insights for the Asia Pacific Bottled Water provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 74.56 Billion |
| Market Size by 2028 | US$ 110.45 Billion |
| Global CAGR (2022 - 2028) | 6.8% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Asia-Pacific
|
| Market leaders and key company profiles |
|
The geographic scope of the Asia Pacific Bottled Water refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Asia Pacific Bottled Water Market is valued at US$ 74.56 Billion in 2022, it is projected to reach US$ 110.45 Billion by 2028.
As per our report Asia Pacific Bottled Water Market, the market size is valued at US$ 74.56 Billion in 2022, projecting it to reach US$ 110.45 Billion by 2028. This translates to a CAGR of approximately 6.8% during the forecast period.
The Asia Pacific Bottled Water Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Bottled Water Market report:
The Asia Pacific Bottled Water Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Bottled Water Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Bottled Water Market value chain can benefit from the information contained in a comprehensive market report.
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