Albany, New York, July 14, 2015 (GLOBE NEWSWIRE) -- A new Transparency Market Research report states that the global bottled water market is predicted to expand at a CAGR of 8.3% in the forecast horizon between 2014 and 2020 to reach an estimated size of 465.12 billion litres in 2020. Additionally, the volume of the market in 2013 was estimated at 267.91.billion litres. The title of the report is "Bottled Water Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020".This market research report states that the bottled water market is the most promising market in the food and beverages industry. The bottled water market comprises a huge number of local artisanal bottlers and private label brands. The regional and national players occupy over 60% of the bottled water market. The increase in healthcare awareness, easy portability of hygienic water, and availability of functional and flavoured bottled water facilitated by bottled packaging are amongst the major factors stimulating the demand for bottled water.
Browse Market Research Report on Bottled Water Market: http://www.transparencymarketresearch.com/bottled-water-market.html
As per this report, on the basis of product type, the bottled water market is segmented into carbonated, functional, still, and flavored bottled water. Among these, in 2013, still bottled water represented 64.9% of the market, making it the dominant segment in the market on the basis of revenue. The still bottled water segment is expected to lead the market and maintain its superiority during the forecast horizon.Following still bottled water, carbonated water stood as the second largest product segment, holding a 22.9% share on the basis of revenue in the 2013. Nonetheless, carbonated water sales are predicted to decline in the forecast horizon.
Browse Press Release of Bottled Water Market: http://www.transparencymarketresearch.com/pressrelease/bottled-water-market.htm
The report states that the functional and flavoured bottled water segments are expected to grow more expeditiously in comparison to the still bottled water segment in the forecast period. This is due to the growing awareness among people on healthy hydration, due to which they are more inclined towards water with vitamins as well as various types of flavored water such as mint, lemon, and orange.According to this TMR report, on the basis of geography, the bottled water market is segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW). Amongst these, Asia Pacific led the market in 2013, holding a share of 33% in the global bottled water market.
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The factors responsible for the increasing demand for bottled water from Asia Pacific are the rise in disposable incomes, rising population, rising health awareness, and introduction of new packaging. Additionally, Europe and North America are projected to lose their share to RoW and Asia Pacific in the forecast horizon.
Browse Article of Bottled Water Market: http://www.transparencymarketresearch.com/article/bottled-water-market.htm
Key international brands in the global bottled water market include Perrier (Nestle Waters), Evian (Groupe Danone), Volvic (Groupe Danone), and Fiji Natural Artesian water (Fiji), Groupe Danone, Nestle Waters, PepsiCo Inc, Perrier, Coca-Cola, Poland spring, and Fiji. Amongst these, in 2013, Groupe Danone and Nestle led the market.
Other Reports Published by Transparency Market Research :
- Flavored and Functional Water Market: http://www.transparencymarketresearch.com/flavored-functional-water.html
- North America Soups Market: http://www.transparencymarketresearch.com/north-america-soups-market.html
- Tea Market: http://www.transparencymarketresearch.com/global-tea-market.html
- Latin America Beer Market: http://www.transparencymarketresearch.com/latin-america-middle-east-beer-market.html
The Market has been Segmented as follows:
Bottled Water Market: Product Analysis
Bottled Water Market: Regional Analysis
Transparency Market Research (TMR) is a U.S. based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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Source:Transparency Market Research