North America Bottled Water Market

North America Bottled Water Market Value And Growth Size (2024 To 2029):

The North American Bottled Water Market was valued at USD 84.18 billion in 2024 and is expected to increase at an annual rate of 8.5% to USD 127.53 billion by 2029.

Bottled water is purified and contaminant-free drinking water that has been packaged. Plastic and glass water bottles are offered. It is one of the most convenient sources of water because it is both easily available and reasonably priced. Water is a crucial component, especially for human life, because it makes up 80 percent of the human body. Natural deposits, such as rivers, ponds, and other water storage facilities, are the primary source of mineral water. Unfortunately, the majority of water used to build all water sources around the world is contaminated by microbiological germs and viruses, chemicals, and other soluble contaminants. Because of the range of reliable purification techniques, bottled water is a viable option to drinking water solutions. Clean or sparkling water can be found in bottled water. Despite the introduction of soft drinks, consumers continue to choose bottled water. When compared to carbonated water sold at a price, a large bottle of bottled water containing 1 to 2.5 gallons is comparatively inexpensive.

Consumer trends are driving the expansion of the North America bottled water industry, from high-calorie beverages to healthy low-calorie solutions like bottled water. Market demand is being driven by the convenience of consumption and its impact on human nutrition. Moreover, the North America bottled water market growth is likely to be aided by the raising popularity of functional water among the working class and millennial populations. The North America bottled water industry is being driven by population growth in some residential areas and increased demand due to inadequate water supply management. Healthy lifestyles for activities such as trekking and other sporting activities, as well as a preference for bottled water, are the primary drivers of bottled water demand in the industry. Furthermore, there is a significant level of investment in potential requirements and developing enterprises in the bottled water industry.

Changes in customer tastes, which in turn raise demand for bottled water by-products, are also a result of increased consumer awareness of choosing healthy alternatives such fragrances instead of fizzy beverages. During the forecast period, consumer perceptions of the health benefits of bottled water usage are expected to drive the North America bottled water market during the foreseen period. Moreover, rising per capita spending and increased urbanization are expected to boost product demand during the projection period. Nestle Waters, for example, has concentrated on manufacturing light bottles. In addition, health and wellness trends, as well as the exquisite product offerings of various global and regional companies, are driving the need for functional water. The rise in consumer demand for functional beverages has been a major element in the industry's expansion.

Several reasons contribute to the North America bottled water industry's expansion, including the availability of handy containers and the government's ability to offer safe and reliable drinking water. Changes in raw material prices have less impact on the mineral water industry. Because the basic raw material is plentiful, the bottle's profit margin is determined by the cost of the plastic used to produce it. Moreover, the demand for bottled water is predicted to rise in the future, thanks to advances in bottling technology, as well as the expansion and availability of new packaging initiatives, health and wellness issues, green packaging, and a variety of flavored sparkling mineral water sectors which further increased the North America bottled water market growth in the next six years.

Large amounts of plastic trash generated from bottles that cannot be dissolved, on the other hand, can function as a barrier to future market expansion. The North America bottled water business is being hampered by campaigns to replace bottled water with low-cost tap water, environmental concerns, flood potential, and bottled water.

This Research Report on North America Bottled Water Market is segmented and sub segmented into following categories:

North America Bottled Water Market - By Product Type:

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

Based on product type, still water is anticipated to dominate the North America bottled water market growth during the forecast period. As people become more cognizant of their health, they are opting for packaged water and minimizing their intake of sugary drinks. Still, bottled water usage has risen in food establishments and restaurants, fueling industry growth. Furthermore, the US government's and the Food and Drug Administration's (FDA) tight restrictions on bottled water have increased consumers' trust in such items.

North America Bottled Water Market - By Packaging:

• PET bottles
• Glass Bottles
• Others

Based on packaging, PET bottles attributes for the largest North America bottled water market share during the forecast period. PET bottles have the highest demand due to consumer desire for the purest form of water and ease of handling, transportation, and storage. The PET bottle industry is expected to produce $209.1 billion in revenue by 2024. According to the report's researcher, this segment will have a demand for 409.7 billion litres of water by the end of the projected year.

North America Bottled Water Market - By Distribution Channel:

• Supermarket
• Convenience/drug stores
• Grocery stores
• Others

Based on distribution channel, supermarkets and hypermarkets are anticipated to propel the North America bottled water market forward during the forecast period since most of the consumers were showing interest towards the supermarkets, which comprises of every needs, that a consumer look for.

North America Bottled Water Market - By Region: 

• U.S
• Canada
• Mexico
• Rest of North America

The United States has the largest North America bottled water market share in the next six years. Consumer preference for pollution-free water with excellent health advantages drives the bottled water sector in the United States. The North America bottled water market is being driven by changing lifestyles, health concerns, convenience of handling, and portability of bottled water. Furthermore, population in the United States have begun to show interest in beverages that provide benefits beyond mere hydration, which is aiding the growth of the functional water market. In light of the country's concerns about obesity and other health issues, functional water's absence of calories and artificial substances appeals to health-conscious consumers.

KEY MARKET PLAYERS:

Key market Players of north america 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

RECENT HAPPENINGS IN THE MARKET:

Coca-Cola India Pvt. Ltd, the Indian subsidiary of the American beverage company Coca-Cola Co., planned to debut its global enhanced water brand Glaceau Smartwater in India.