The U.S. bottled water market is estimated to be valued at USD 28,262.2 Mn in 2024 and is expected to reach USD 49,770.4 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 28,262.2 Mn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
8.40% |
2031 Value Projection: |
US$ 49,770.4 Mn |
Figure 1.U.S. Bottled Water Market Share (%), By Type, 2024
The U.S. bottled water market has witnessed tremendous growth over the past few decades due to increasing health consciousness among consumers, convenient packaging of bottled water and heightened advertising by manufacturers. Rising concerns over the quality of tap water in some parts of the country and preference for purified or mineral water are expected to drive the market growth. However, rising environmental concerns related to plastic waste can hamper the market growth. Growing population and economy is expected to drive the U.S. bottled water market growth.
Market Dynamics:
The U.S bottled water market growth is driven by several factors such as increasing health awareness among consumers. Consumers prefer bottled water as it is considered more hygienic and pure as compared to tap water. However, factors like rising environmental concerns over plastic waste can hamper the market growth. High plastic waste from bottled water packaging has raised concerns among regulators and environmentalists. Meanwhile, growing demand for purified and mineral water varieties present an opportunity for market players to expand their product offerings.
Key Features of the Study:
- This report provides in-depth analysis of the U.S. bottled water market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the U.S. bottled water market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include 3 Spring Water Company, LLC., Adobe Springs Water Co, Bluetriton Brands, Inc., CG Roxane, LLC, Diamond Springs Rva, LLC, Fiji Water Company LLC., Idaho Ice, Keurig Dr Pepper Inc., National Beverage Corp, Pepsico, Premium Waters, Inc., Primo Water Corporation, The Coca-Cola Company, Water Boy, Inc
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- S. bottled water market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the U.S. bottled water market
Market Segmentation
- By Type:
- Still Water
- Sparkling Water
- Functional Water
- Others
- By Packaging:
- By Distribution Channel:
- Company Profiles:
- 3 Spring Water Company, Llc.
- Adobe Springs Water Co
- Bluetriton Brands, Inc.
- CG Roxane, LLC
- Diamond Springs Rva, LLC
- Fiji Water Company LLC.
- Idaho Ice
- Keurig Dr Pepper Inc.
- National Beverage Corp
- Pepsico
- Premium Waters, Inc.
- Primo Water Corporation
- The Coca-Cola Company
- Water Boy, Inc