India Bottled Water Market Growth or Demand Increase or Decrease for what contains ?
India Bottled Water Market CAGR Estimation:
The market for bottled water in India was estimated to be worth USD 3792.39 million in 2023 and is projected to grow at a compound annual growth rate of 13% to USD 8922.00 million by 2030 (2024–2030).
India Bottled Water Market Segmentation:
by Product
Flavoured Water
Purified Water
Mineral Water
Sparkling Water
Others
The market is divided into product categories such as sparkling water, mineral water, flavor-infused water, and purified water. With a market share of over 40.0% in 2023, the purified segment is expected to continue to dominate the market throughout the duration of the forecast. Waterborne illnesses such as diarrhea, typhoid, and dysentery are often brought on by tainted particles in the water. As a result, both consumers and companies are looking for ways to save water. For example, Aquafina offers filtered, sodium-free, and purified drinking substitutes. India is predicted to have a 500 million litre annual demand for pure water bottles containing mineral water, and the market is projected to grow at a rate of 25–35 percent annually.
by Distribution Channel
Off-trade
On-trade
The market is divided into off-trade and on-trade segments based on the distribution channel. In 2023, the off-trade sector had the highest revenue share of 85.6%. All retail establishments, including supermarkets, small markets, hypermarkets, convenience stores, and traditional stores, are included in this sector. Throughout the projection period, the market will expand due to the growing simplicity with which consumers may choose a preferred brand of bottled water with a specific mineral combination quickly. Among the brands available in the off-trade sector are Aquafina, Bisleri, Himalayan, Bailley, and Kinley.The on-trade channel is predicted to expand at the fastest rate of 7.7 percent between 2024 and 2030. Establishments in this category include restaurants, cafés, clubs, hotels, and lounges. Growing worries about sanitation and health, combined with a spike in COVID-19 cases, have
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India Bottled Water Market Growth or Demand in which regions?
The growth and demand for bottled water in India are particularly pronounced in urban and semi-urban regions. Metropolitan areas like Mumbai, Delhi, Bengaluru, and Chennai lead the demand due to higher disposable incomes, rapid urbanization, and increased health awareness among residents. These cities experience a significant surge in bottled water consumption driven by busy lifestyles and concerns over water quality.In addition, tier-2 and tier-3 cities are witnessing a growing demand for bottled water as infrastructure development and rising living standards improve access to packaged beverages. Rural areas are also gradually adopting bottled water, although at a slower pace, driven by increasing awareness and improved distribution networks.Overall, while major urban centers remain the primary drivers of growth, expanding consumer awareness and infrastructure improvements are contributing to increased demand across various regions of India.
India Bottled Water Market Scope Methodology:
The competitive landscape of the India Bottled Water market encompasses aspects like technology adoption, financial strength, portfolio, mergers and acquisitions, joint ventures, and strategic alliances. A comprehensive report delves into the drivers, limitations, opportunities, and challenges inherent in the India Bottled Water market. The report employed a bottom-up approach to ascertain India Bottled Water market estimations and growth rates.
To gain insights into India Bottled Water market penetration, pricing dynamics, demand analysis, and competitive panorama, the report executed regional analysis at local, regional, and global levels. Essential details about the India Bottled Water market, including stakeholders, investors, and new entrants, are presented to facilitate the development of marketing strategies and investment plans.
Both primary and secondary data gathering techniques were employed for the India Bottled Water Market. Primary approaches involved surveys, questionnaires, and interviews with industry leaders and business proprietors, while secondary data encompassed sources like press releases, annual and financial reports, white papers, etc. SWOT analysis was leveraged to pinpoint market vulnerabilities and weaknesses, while the PORTER framework was applied to gauge industry competitiveness within the India Bottled Water Market.
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India Bottled Water Market Key Players:
Bisleri
Himalayan
Bailley, Parle Agro
Pepsi’s Aquafina
Coca-Cola’s Kinley
Coca-Cola India
PepsiCo India
Dharibal Group
Narang Beverages
Aquasure
Kingfisher
Qua, Narang Group
Oxyrich, Manikchand
Rail Neer, IRCTC
Tata Water Plus
Pure Life, Nestle
McDowell's No. 1
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Key questions answered in the India Bottled Water Market are:
- What is India Bottled Water Market ?
- What is the growth rate of the India Bottled Water Market ?
- Which are the factors expected to drive the India Bottled Water Market market growth?
- What are the different segments of the India Bottled Water Market ?
- What are the factors restraining the growth of the India Bottled Water Market ?
- What is the demand pattern of the India Bottled Water Market ?
- What major challenges could the India Bottled Water Market face in the future?
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Key Offerings:
- Past Size and Competitive Landscape
- Past Pricing and price curve by region
- Size, Share, Size Forecast by different segment
- Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Segmentation A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape Profiles of selected key players by region from a strategic perspective
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