South & Central America Bottled Water Market

The South & Central America bottled water market is expected to grow from US$ 13.46 billion by 2022 to US$ 15.98 billion by 2028. It is estimated to grow at a CAGR of 2.9% from 2022 to 2028.  

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 key selling points. Premium bottled water may have less sodium, high mineral, and special glass or plastic packaging.

Nowadays, consumers are seeking added value in their purchases and turning to premium brands. Premium bottled water satisfies the growing consumer needs by introducing value-adding to drinking water. The demand for premium water is expanding from a niche category of consumers to a wider audience. The acceptance of premium bottled water is also gradually growing in emerging countries, such as Brazil.

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 is likely to offer lucrative opportunities to the South & Central America bottled water market during the forecast period.

South & Central America Bottled Water Market Revenue and Forecast to 2028 (US$ Billion) 

South & Central America Bottled Water Strategic Insights

Strategic insights for the South & Central America 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.

South & Central America Bottled Water Report Scope

South & Central America Bottled Water Regional Insights

The geographic scope of the South & Central America 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.

South & Central America Bottled Water Market Segmentation

The South & Central 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 onventional. 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 Argentina, Brazil, and the Rest of South & Central America. The Rest of South & Central America has contributed a substantial share in 2022.

Danone S.A.; FiJI Water Company LLC; Gerolsteiner Brunnen Gmbh and Co. Kg; Nestle S.A.; PepsiCo, Inc.; and the Coca-Cola Company are the leading companies operating in the South & Central America bottled water market.