The Global Bottled Water Market size was estimated to be US$ 245 billion in 2019 and the expected CAGR between 2020 and 2030 is 5.5%. Increased disposable income, rising health awareness, and shifting preference towards bottled water over aerated drinks are the key attributes driving the growth of the global bottled water market. Bottled water has emerged as a convenient means for transportation of water to regions affected with water scarcity. It has become an integral part of daily routine across the developed countries owing to high purity and mineral rich properties of bottled water. Unavailability of potable water across major countries has accelerated the growth of bottled water. Bottled water producers across the globe are focusing towards enriching water with essential salts and minerals required for maintaining healthy lifestyle. With rising health awareness across the developed and developing has resulted in adoption of sparkled water over the aeriated beverages, thereby fueling the growth of the global bottled water market. Increased disposable income and declining price due to emergence of local bottled water brands is anticipated to contribute significantly towards the growth of the global bottled water market during the forecast period.
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