U.S. Market Study On Bottled Water Market Size, Regional Outlook, Competitive Strategies and Forecasts, 2016 To 2024


Posted May 18, 2021 by Rushikesh87

Researchmoz analyzes the U.S. bottled water market in a new publication titled “Bottled Water Market: U.S. Industry Analysis and Forecast, 2016–2024”.

 
Researchmoz analyzes the U.S. bottled water market in a new publication titled “Bottled Water Market: U.S. Industry Analysis and Forecast, 2016–2024”. This study provides data for 2015 along with a comprehensive forecast for an eight year period 2016–2024. The main objective of the report is to identify dynamics in the market and provide recent updates and insights affecting various segments of the U.S. bottled water market. To provide better understanding of the U.S. bottled water market, the report also includes an analysis of drivers, restraints, and trends, which are likely to influence the current market scenario and future status of the U.S. bottled water market over the forecast period.

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Company Profiles
• Nestle Waters
• PepsiCo, Inc.
• The Coca-Cola Company
• Groupe Danone
• Suntory Beverage & Food Ltd
• Mountain Valley Spring Company, LLC
• CG Roxane, LLC
• Others
Factors fueling revenue growth of the U.S. bottled water market
There are increasing concerns regarding various health problems such as neurological disorders, gastrointestinal diseases and reproductive problems caused by the consumption of contaminated water, which is leading to an increase in demand for clean and hygienic bottled water in the U.S. If the water is properly packaged, it is protected against any kind of bacterial contamination, regardless of the storage time. There is a marked shift in consumers in favor of safe, healthy and refreshing beverages that are free from calories, caffeine and preservatives.
This trend is fueling the demand for bottled water in the U.S. Carbonated water contains caffeine and phosphoric acid that can lead to digestive issues, weight gain, heart burn, etc. Also, there is high acid content in carbonated water due to which consumers are preferring a healthier option that is low calorie flavored water. Due to this shift, companies are refocusing their efforts towards the development of healthy beverages such as flavored water and functional water.
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Market Segmentation
By Capacity Type
• 3 Gallons
• 5 Gallons
• Others
By Material Type
• PET
• HDPE
• Others
By Cap Type
• Screw Cap
• Snap-on Cap
• Sports Cap
• Screw Snap Cap
• Others
By Distribution Channel
• Supermarket
• Grocery Stores
• Convenience Stores
• Others (Foodservice/Vending)
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U.S. Bottled Water Market Analysis, by Distribution Channel
By distribution channel, the others segment is expected to maintain its dominance in the U.S. bottled water market during the forecast period, with 38.3% value share and a CAGR of 4.1% by 2024. The super market segment is expected to register a CAGR of 4.4%. The super market segment is estimated to account for 35.3% value share by 2024 end. It is followed by the grocery store segment, which is expected to account for a market share of 20.4% by 2024 end. The grocery store segment is anticipated to register a CAGR of 3.8% during the forecast period.
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Last Updated May 18, 2021