Glass Bottled Drinking Water Market to be Dominated by Mineral Water Segment through 2027
Rising awareness among
people regarding the ill-effects of drinking contaminated water and greater
availability of various types of various types of bottled water are expected to
drive the demand for the global glass bottled drinking water market in the
forecast period, 2023-2027.
According to TechSci
Research report, “Glass Bottled Drinking
Water Market - Global Industry Size,
Share, Trends, Opportunity, and Forecast, 2017-2027”, the global glass bottled drinking water market is expected to register
growth at a formidable rate during the forecast period. The market growth can
be attributed to the increase in awareness among population about waterborne
diseases such as malaria, typhoid, diarrhea, food poisoning, and others. As
people are becoming more conscious of their environment, they are making a
switch from plastic bottled drinking water to glass bottled drinking water,
which is contributing to the market growth of glass bottled drinking water. Besides,
increasing health-conscious population across the world, owing to rising
incidences of lifestyle disorders and rising healthcare expenditure is adding
to the demand for nutrient-fortified water, which in turn, is supporting the
market growth. Increasing government initiatives to reduce environmental
pollution caused by plastic waste is a major factor for the high demand for
glass bottled drinking water. Emergence of flavored bottled water and shifting
preference of consumers towards healthy drink alternatives over normal sugary
drinks are anticipated to increase the sales of glass bottled drinking water in
the coming years. Easy availability of glass bottled drinking water at various
retail outlets such as grocery stores, supermarkets, convenience stores, etc. and
increasing adoption of glass bottles by food & beverage industry to offer
beverages are likely to boost the market growth even further during the
forecast period.
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data Figures spread through 110 Pages and an in-depth TOC on "GLOBAL GLASS BOTTLED DRINKING WATER MARKET"
The global glass bottled
drinking water market is segmented by type, packaging size,
distribution channel, and region.
Based on type, the market is divided spring, mineral,
sparkling, and others. The mineral glass bottled water segment is anticipated
to register the highest growth in the global glass bottled drinking water
market. The segment growth can be attributed to the
increasing consumption of mineral water owing to its health benefits. Mineral
water contains substances such as magnesium, calcium, sodium, zinc, which are
beneficial for overall well-being. People with heart diseases, diabetes, or
other lifestyle disorders are widely adopting mineral water in their lifestyle
to improve overall functioning of the body.
Based
on the packaging size, the market is segmented into below 500 ml, 500ml-1L,
above 1L. The 500 ml-1L segment is expected to hold the largest market share in
the global glass bottled drinking water market, owing to the availability of different
types of drinking water in this category. Besides, the 500 ml-1L glass bottled
drinking water is easier to carry and can be used for storage in the long run.
Based
on distribution channel, the market is divided into supermarkets/hypermarkets, departmental
stores, convenience stores, online, and others. The supermarkets/hypermarkets
segment is expected to dominate the global glass bottled water market during
the forecast period, owing to the enhanced convenience for consumers for
quickly picking the required drink and the wide number of options to choose
from. However, online segment is anticipated to register the fastest growth
during the forecast period due to the rise in e-commerce channels offering
bottled glass water and high internet penetration across the globe.
Major market players
operating in global glass bottled drinking water market are:
- Saratoga Spring Water Co.
- Sanpellegrino S.p.A.
- Mountain Valley Spring Company,LLC
- Danone Waters of America
- Antipodes Water Company Limited
- Nestlé Waters Marketing et Distribution
- SAS (Perrier)
- FineWaters Media,LLC
- Hildon Limited
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“North America is anticipated to
register the highest growth in the global glass bottled drinking water during
the forecast period, owing to the growing trend of living a healthy lifestyle
and rising demand for eco-friendly and sustainable packaging solutions. Besides,
heightened awareness regarding the importance of hygienic beverages in the
region and growing options for bottled drinking water provided by the market
players are expected to boost the growth of the global glass bottled drinking
water market in the region. Most American population do not prefer drinking
water straight from the tap and they are more inclined towards glass bottled
drinking water, preferred to be a safer and more convenient option.
Additionally, increasing disposable income, increasing per capita water
consumption, and rise in the standard of living are some of the factors
expected to boost the growth of the global glass bottled drinking water market.”
said Mr. Karan Chechi, Research Director, TechSci Research, a research based global
management consulting firm.
“Glass
Bottled Drinking Water Market - Global Industry
Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Type
(Spring, Mineral, Sparkling, Others), By Packaging Size (Below 500 ml,
500ml-1L, above 1L), Distribution Channel (Supermarkets/Hypermarkets,
Departmental Stores, Convenience Stores, Online, and Others {Airports,
Railways, etc.}) and By Region”,
has evaluated the future growth potential of global glass bottled drinking
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 global glass bottled
drinking water market.
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