Latin America Bottled Water Market

Latin America Bottled Water Market Size (2024 to 2029)

Latin America Bottled Water Market was worth USD 29.86 billion in 2024 and estimated to be growing at a CAGR of 8.9%, to reach USD 45.73 billion by 2029.  

Bottled water is packaged drinking water that is purified and free from contamination. It is available in plastic and glass water bottles. It is very easily accessible and priced at an affordable cost making it one of the convenient sources of water.

MARKET DRIVERS AND RESTRAINTS

The growing number of educated and health-conscious people is increasing thereby creating a heightened demand for hygienic food and drinks.

As the demand for clean and hygienic water is increasing, the demand for bottled water will also increase. The growing demand for convenient, safe, healthy, and refreshing drinks from health-conscious consumers will continue to drive the growth prospects of the bottled water market. A rise in healthcare awareness about waterborne diseases such as malaria, typhoid, diarrhea, food poison is further driving the market. Moreover, bottled water is more portable and convenient to use as it is handy, thus supporting the market growth. However, the lower cost of tap water as compared to bottled water is one of the major restraints of the market. Stringent regulations for the approval of bottled water and the presence of harmful chemical bisphenol can further hamper growth.

This research report on the Latin America Bottled Water market has been segmented and sub-segmented into the following categories.

Latin America Bottled Water Market By Product Type

• Still water
• Carbonated water
• Flavored water
• Functional water

Latin America Bottled Water Market By Packaging

• PET bottles
• Glass bottles
• Others

Latin America Bottled Water Market By Distribution Channel

• Supermarkets
• Convenience/drug stores
• Grocery stores
• Others.

The market is dominated by still bottled water due to the rising number of health-conscious people. Flavored bottled water has witnessed large scale adoption in the bottled water market.

Latin America Bottled Water Market By Country

• Argentina
• Chile
• Peru
• Mexico
• Brazil
• Rest of Latin America

KEY MARKET PLAYERS

Key players operating in the bottled water market are Nestlé Waters, Hangzhou Wahaha Group Co., Ltd, The Coca Cola Company, Danone, PepsiCo Inc, Natural Waters of Viti Ltd,  Icelandic Glacial Inc, Mountain Valley Spring Company, Dasani, and others.