PUBLISHER: Value Market Research | PRODUCT CODE: 1542544
PUBLISHER: Value Market Research | PRODUCT CODE: 1542544
The global demand for Spring Water Market is presumed to reach the market size of nearly USD 583.09 Billion by 2032 from USD 272.27 Billion in 2023 with a CAGR of 8.83% under the study period 2024-2032.
Spring water is a well-known form of bottled water. Spring water is derived from groundwater, which is water discovered underground in an aquifer or below the earth's natural water table. Water that naturally flows to the ground's surface is collected at the opening of the spring. Spring Water is sealed in food-grade bottles and intended for human consumption. Spring water has more amount of dissolved minerals than regular water. Spring water is treated and disinfected with filtration, ultraviolet (UV), ozone treatment, reverse osmosis (RO) and then packaged in bottles, pouches, plastic, and glass for consumption.
The growing prevalence of water-borne diseases and the rising awareness about the health risks of consuming carbonated drinks are the major factors driving global demand for spring water. Moreover, due to their increased purchasing power, the growing consumer preferences for premium water bottled in restaurants, cafes, and hotels fuel the market growth. The increasing travel and tourism activities catalyse the demand for bottled water due to its convenience and ease of carrying it. Drinking water scarcity in several regions further necessitates the demand for safe drinking water, leading to increased product sales and increasing market growth. The stringent regulations posed by the government regarding the use of plastic water bottles impede the growth of the global bottled water market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Spring Water. The growth and trends of Spring Water industry provide a holistic approach to this study.
This section of the Spring Water market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Spring Water market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Spring Water market include Orient Beverages Pvt. Ltd. (Bisleri International Pvt. Ltd.), CG Roxane LLC, Nestle S.A., Bluetriton Brands, PepsiCo, Berrington Water, Ten Spring Water, Coca-Cola (Valpre), Danone (Evian), Himalayas ONTOP, 3 Spring Water, Magnetic Spring, Mountain Valley Spring Water (Primo Water Corp.), Premium Waters Inc., Tata Consumer Products Limited (Himalayan). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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