Vietnam Bottled Water Market Grow with a CAGR of 6.87% through 2030F

The Vietnam Bottled Water market is driven by rising health awareness, increasing disposable incomes, urbanization, demand for convenience, and concerns over water quality and safety.

According to TechSci Research report, “Vietnam Bottled Water Market – By Region, Competition, Forecast & Opportunities, 2030F”, the Vietnam Bottled Water market stood at USD 812.23 Million in 2024 and is anticipated to grow USD 930.89 Million by 2030 with a CAGR 6.87% during forecast period owing to the growing population and rising urbanization across the region. as more people move to urban areas for better job opportunities and lifestyle, there is an increased demand for bottled water due to convenience, especially in busy cities like Ho Chi Minh City and Hanoi. Urbanization brings with it concerns about water quality, driving consumers to opt for bottled water as a safer alternative. Also, the expanding middle class, with higher disposable incomes, is more likely to purchase bottled water regularly, contributing to market growth. As urban areas continue to expand, bottled water demand is expected to rise.

The Vietnam Bottled Water market is primarily driven by growing innovation across the region. Companies are increasingly introducing new products to cater to evolving consumer preferences, such as flavored waters, functional waters enriched with vitamins, electrolytes, or minerals, and enhanced water options targeting health-conscious individuals. Innovations in packaging, including eco-friendly and recyclable materials, are also gaining traction as sustainability becomes a priority for both consumers and brands. Also, technological advancements such as smart hydration products and advanced filtration systems are providing consumers with more personalized and convenient hydration solutions. As innovation continues to meet the demands of health-conscious, environmentally aware, and convenience-driven consumers, the bottled water market in Vietnam is expected to see continued growth.

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The Vietnam Bottled Water market is segmented into product type, capacity, packaging material, end user, and region.

Based on the packaging material, the glass segment is the fastest growing in the Vietnam Bottled Water market, driven by increasing consumer demand for premium, eco-friendly options. Glass packaging is perceived as a safer, healthier, and more environmentally sustainable alternative to plastic. With rising awareness of plastic pollution, many consumers, especially in urban areas, are opting for glass bottles to align with their health and sustainability values. Also, the premium segment of bottled water, which often features glass packaging, is gaining popularity among affluent consumers who seek high-quality products. This trend is contributing to the growing adoption of glass bottles in the Vietnamese bottled water market.

Based on the region, Central is the fastest-growing region in the Vietnam Bottled Water market driven by increasing urbanization, rising disposable incomes, and growing tourism. Cities like Da Nang and Hue are seeing rapid development, leading to higher demand for bottled water due to convenience, water quality concerns, and a more health-conscious population. The influx of domestic and international tourists also boosts bottled water consumption, particularly in hospitality and retail sectors. As infrastructure improves and the middle class expands in central Vietnam, the market for bottled water is experiencing significant growth, positioning the region as a key player in the industry’s expansion.

Major companies operating in the Vietnam Bottled Water market are:

• Suntory PepsiCo Vietnam Beverage
• La Vie Vietnam Ltd
• Coca-Cola Beverages Vietnam Limited
• Kim Boi Ole Natural Mineral Water Company
• Bestone India Private Limited
• Varahi Limited
• Saintley Sonne India Pvt Ltd
• G.V. Beverages LLP
• Nestle Vietnam Ltd
• Nuva Water

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“The Vietnam Bottled Water market is expected to grow in the future owing to the expansion of commercial sector across the region. As businesses, retail chains, and the hospitality industry grow, the demand for bottled water has surged. The increasing number of offices, hotels, restaurants, and cafes in urban and tourist areas is creating a steady need for bottled water, both for employees and customers. With a rising focus on employee wellness and customer satisfaction, businesses are increasingly providing bottled water as part of their services. Also, the retail sector, including supermarkets, convenience stores, and online platforms, is expanding its bottled water offerings to meet consumer demand. This commercial growth, combined with the rising middle class and consumer purchasing power, is fuelling the bottled water market's expansion in Vietnam, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

"Vietnam Bottled Water Market Segmented, By Product Type (Still Bottled Water, Carbonated Bottled Water, Others), By Capacity (Less than 1L, 1L-2L, More than 2L), By Packaging Material (Plastic, Glass, Others), By End User (Residential, Commercial), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of Vietnam Bottled Water market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Vietnam Bottled Water market.

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