he Global Spring Water Market is Predict to reach $347.2 Billion by 2028, at a CAGR of 7.8%

Spring Water Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Spring Water Market size is expected to reach $347.2 billion by 2028, rising at a market growth of 7.8% CAGR during the forecast period.

The Canned segment is showcasing a CAGR of 9.3% during (2022 - 2028). Bottled water is more environmentally damaging than canned water. The unlimited recycling potential of aluminum is one of its finest qualities. The popularity of canned water over bottled water is increasing due to public environmental concerns.

The Specialty Stores segment acquired maximum revenue share in the Global Spring Water Market by Distribution Channel in 2021 thereby, achieving a market value of $149.5 billion by 2028. This is due to the small product selection and accessibility of these retailers, the spring water market is growing steadily due to rising purchases from this segment. Also, the ease of availability of spring water in variety of brands and price ranges at these stores support the market expansion in this segment.

The Europe market dominated the Global Spring Water Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $120.2 billion by 2028. The Asia Pacific market is experiencing a CAGR of 8.5% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 7.5% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/spring-water-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of PepsiCo, Inc., Nestle S.A., Tata Consumer Products Limited (Tata Group), The Coca-Cola Company, Mountain Valley Spring Company, LLC (Primo Water Corporation), Keurig Dr Pepper Inc, Orient Beverages Limited, TEN Spring Water, 3 Springs Water Company LLC, and Gerolsteiner Brunnen GmbH & Co KG.

Global Spring Water Market Segmentation

By Packaging Type

• Bottled
• Canned

By Distribution Channel

• Specialty Stores
• Hypermarkets/Supermarkets
• Online Retail

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• PepsiCo, Inc.
• Nestle S.A.
• Tata Consumer Products Limited (Tata Group)
• The Coca-Cola Company
• Mountain Valley Spring Company, LLC (Primo Water Corporation)
• Keurig Dr Pepper Inc
• Orient Beverages Limited
• TEN Spring Water
• 3 Springs Water Company LLC
• Gerolsteiner Brunnen GmbH & Co KG

Related Reports:

North America Spring Water Market Size & Data Report, 2028

• February-2023
• 60 Pages

LAMEA Spring Water Market Size, Scope & Trends Till 2028

• February-2023
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Europe Spring Water Market Size & Share Analysis by 2028

• February-2023
• 67 Pages

Asia Pacific Spring Water Market Size, Growth Report to 2028

• February-2023
• 67 Pages