The Europe bottled water market size was valued at USD 67.68 Billion in 2022 and is likely to reach USD 94.10 Billion by 2031, expanding at a CAGR of 3.73% during 2023 – 2031. Growth of the market is attributed to rapid urbanization, rising demand for fresh & safe water, and increasing number of water distillation plants.
Mineral water, Spring water, well water, and distilled water packaged water bottles made up of glass & plastic are known as bottled water. The bottled water is carbonated & it is a drinking water.
Minerals, suspended solids, algae, viruses, bacteria, and fungi are the substances removed from water during the distillation of water. Both chemical & physical methods are involved in the water distillation process.
The COVID-19 pandemic impacted the supply & demand of the Europe bottled water market. Decreasing supply of raw materials, lockdown across the globe, and supply chain disorders forced companies to close down production leading to unfortunate decline in market growth. Launch of vaccines to combat COVID-19 the pandemic is expected to contribute to the market growth over the forecast period.
Europe Bottled Water Market Trends, Drivers, Restraints, and Opportunities
Rising consumer concerns regarding the consumption of contaminated tap water is projected to boost the market.
Rapid innovations in bottled water technologies are the major factor fueling the market.
Lack of awareness about the bottled water is projected to restrict the market expansion during the forecast period.
High price of products is anticipated to hamper the market growth in the coming years.
R&D investment and technological advancement in bottled water market is projected to offer lucrative opportunities for the market players.
Scope of Europe Bottled Water Market Report
The report on the Europe bottled water market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Europe Bottled Water Market–Industry Analysis, Growth, Share, Size, Trends, and Forecast
Types (Sparkling and Still), Distribution Channels (On-trade Channels, Supermarkets & Hypermarkets, Convenience Stores, Home & Office Delivery, and Other Distribution Channels)
United Kingdom, Russia, France, Switzerland, Italy, Germany, and Rest of the Europe
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players covered in the Report
Highland Spring Ltd.; Fonti di Vinadio SpA; Rheinfelsquella H. Hovelmann GmbH & Co. KG; Nestle SA; Danane SA; Ferrarelle SpA; The Coca-Cola Company; Gerolsteiner Brunnen GmbH & Co. Kg; PepsiCo Inc.; and Agua Mineral San Benedetto SAU
Europe Bottled Water Market Segment Insights
The on-trade segment accounts for key share of the market
Based on distribution channel, the Europe bottled water market is fragmented into on-trade channels, supermarkets & hypermarkets, convenience stores, home & office delivery, and other distribution channels. The on-trade segment accounts for a key share of the market. Growth of the market is attributed to rising industrialization and increasing research & development activities in bottled water industry. However, the supermarket & hypermarket segment is anticipated to expand at a rapid pace during the forecast period due to increasing per capita income, increasing mobility of bottle, and rapid development in tourism sector.
The still segment is anticipated to hold significant market share
On the basis of types, the market is bifurcated into sparkling and still. The still segment accounts for a significant share of the market. Growth of the market is attributed to rapidly changing lifestyle of people and technological advancement in bottled water industrial development & infrastructure. The sparkling segment is anticipated to expand at a rapid pace during the forecast period due to factors such as rising investment by private sectors, rapidly growing population, and rising sale of water bottle online.
Germany is estimated to hold major market share
On the basis of region, the Europe bottled water market is categorized as United Kingdom, Russia, France, Switzerland, Italy, Germany, and Rest of the Europe. The market of United Kingdom is estimated to expand at a high CAGR during the forecast period due to factors such as increasing number of small & medium industries, rising number of café & pubs, and increasing ground & surface water pollutions. The market of Germany is estimated to hold major market share due to presence of major market players, rising consumption of functional water bottles, and increasing awareness among people.
The Europe bottled water market has been segmented on the basis of
- On-trade Channels
- Supermarkets & Hypermarkets
- Convenience Stores
- Home & Office Delivery
- Other Distribution Channels
- United Kingdom
- Rest of the Europe
- Highland Spring Ltd.
- Fonti di Vinadio SpA
- Rheinfelsquella H. Hovelmann GmbH & Co. KG
- Nestle SA
- Danane SA
- Ferrarelle SpA
- The Coca-Cola Company
- Gerolsteiner Brunnen GmbH & Co. Kg
- PepsiCo Inc.
- Agua Mineral San Benedetto SAU
Key players competing in the Europe bottled water market include Highland Spring Ltd.; Fonti di Vinadio SpA; Rheinfelsquella H. Hovelmann GmbH & Co. KG; Nestle SA; Danane SA; Ferrarelle SpA; The Coca-Cola Company; Gerolsteiner Brunnen GmbH & Co. Kg; PepsiCo Inc.; and Agua Mineral San Benedetto SAU.
Some of these players are using several market strategies such as collaborations, acquisitions, partnerships, merger, product launches, and capacity expansion to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.