The Asia Pacific Premium Bottled Water Market would witness market growth of 5.9% CAGR during the forecast period (2021-2027).
Bottled water is available in a wide variety one of which is sparkling water. Sparkling water is used as an alternative of sodas. It is infused with carbon dioxide to make it sparkle. This kind of water is further available in various forms such as soda water, seltzer water and club soda. The consumption of sparkling water fend off dehydration which is the cause of headache, fatigue, dry mouth, and even can cause digestive issues leading to heart & kidney complications. Also, some of the sparkling waters have added sugar or any artificial sweeteners. It is said that the consumption of sparkling water may help to aid digestion. Moreover, sparkling water contains zero calories and does not lead to weight gain. Whereas, various added ingredients in sparkling water include sugar, flavor enhancers, sweeteners, and sodium which may result in extra calories.
Around 75 per cent of the lean tissue in the human body is made up of water and adipose tissue consists of 10 per cent of water. Water performs various functions such as transportation of nutrients & waste products, maintaining large molecules’ structure, & acting as a coolant medium for metabolic reactions.
The developing countries such as India and China in the Asia Pacific region are witnessing the change in the living standards, growth in population, and rising spread of diseases caused due to the consumption of contaminated water. The local markets in the countries like Japan, Indonesia, India, and Thailand have been seen growing economic conditions in the recent past.
Due to the growing urbanization and modernization in the emerging economies, the adoption of premium products in the region is also rising. The poor water management system of India resulting in providing contaminated water for drinking purpose.
The China market dominated the Asia Pacific Premium Bottled Water Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,999.2 Million by 2027. The Japan market is anticipated to grow a CAGR of 5.3% during (2021 - 2027). Additionally, The India market would showcase a CAGR of 6.6% during (2021 - 2027).
Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Specialty Stores, Online, and Other. Based on Product, the market is segmented into Mineral Water, Spring Water, Sparkling Water, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Premium Bottled Water Market is Projected to reach USD 24.6 Billion by 2027, at a CAGR of 5.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include include Lofoten Arctic Water AS, ROI water, Berg Water (2001 Investments Limited Company), Uisge Source, VEEN, NEVAS GMBH, and Beverly Hills Drink Company.
By Distribution Channel
By Product
By Country
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