Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia), By Quality (Premium, Non-Premium), By Type (Still Water, Spring Water, Sparkling Water, Purified Water, Mineral Water), By Product (Still Bottle Water, Packaged Drinking Water, Functional Water Bottle, Flavored Bottled Water, Distilled Bottled Water, arbonated Bottle Water), By Material (Polyethylene Terephthalate (PET), Glass), By Purchasing Sources (Supermarket/Hypermarket, Online Retail Stores, Grocery Stores, Food Serving Places, E-retailers, Clubs, Home and Office Delivery, Others), By Origin of Product (Imported, Domestic), By Pack Size (1501 ml and above, 1001 ml - 1500 ml, 501 ml - 1000 ml, 331 ml - 500ml, 330 ml) And Competitive Landscape
Product Code: ETC056849 | Publication Date: May 2021 | Updated Date: Dec 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Asia Pacific Bottled Water Market |
Forecast Period | 2024-2030 |
Market Size | USD 165.7 billion by 2030 |
CAGR | 8.2% |
Growing Sector | Retail and Hospitality |
Asia Pacific Bottled Water Market report thoroughly covers the market by type, by material, by quality, by product, by purchasing sources, by pack Size, by origin of product, by end user and by countries. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Asia Pacific Bottled Water Market is projected to experience significant growth from 2024 to 2030. Factors contributing to this expansion include rising health consciousness and urbanization across the region. The market size is anticipated to reach USD 107.3 billion by 2024 and is further expected to grow at a compound annual growth rate (CAGR) of 8.2% during the forecast period.
By 2030, the market is projected to attain a value of approximately USD 165.7 billion. This increase is driven by consumer demand for safe and convenient drinking options amid growing concerns about water quality and health risks associated with tap water consumption.
Asia Pacific bottled water market has shown impressive growth in recent years, primarily due to the rapid urbanization and increase in the population's disposable income. Consumers are increasingly opting for bottled water as a preferred beverage, especially in densely populated urban areas where the accessibility and quality of tap water may be questionable. Additionally, the growing trend of health and wellness has significantly influenced consumer behavior, as more people are becoming health-conscious and prefer bottled water for its perceived purity and health benefits.
The industry is also witnessing a shift towards premium bottled water products, driven by the demand for unique packaging and enhanced mineral content offerings. Consequently, key market players are investing in new product lines and innovative marketing strategies to capture this expanding consumer base. This robust market growth is expected to continue as these factors persist, alongside government initiatives promoting safe drinking water.
According to 6Wresearch, the Asia Pacific Bottled Water Market is anticipated to grow at a CAGR of 8.2% during the forecast period 2024-2030. The Asia Pacific bottled water market is experiencing significant growth, driven by several key factors. The rising health consciousness among consumers has amplified the demand for bottled water as a healthier alternative to sugary beverages. Urbanization and increasing disposable incomes have also contributed to the expansion, with more consumers opting for convenient and safe drinking options. Additionally, improved distribution networks and innovative packaging solutions have further fueled market growth, making bottled water more accessible to a broader audience.
However, the industry faces several challenges. Environmental concerns about plastic waste are putting pressure on manufacturers to develop sustainable packaging solutions. Moreover, stringent regulations and water scarcity issues pose further hurdles for the market. As consumers become more environmentally aware, there is a growing demand for brands to adopt eco-friendly practices, which could increase production costs and impact profit margins. Despite these challenges, the market continues to evolve, with opportunities for companies to innovate and address these concerns through sustainability initiatives and alternative packaging solutions.
The Asia Pacific bottled water market is characterized by several key trends that are shaping its trajectory. One of the most significant is the shift towards sustainable packaging solutions. As environmental concerns gain prominence, consumers in the region are increasingly favouring brands that offer eco-friendly bottles, prompting manufacturers to innovate in recyclable and biodegradable packaging options.
Furthermore, there is a noticeable demand for premium and flavoured bottled water products, driven by health-conscious consumers seeking enhanced hydration experiences with added nutrients and vitamins. The integration of smart technology is also emerging as a trend, with companies leveraging digital platforms for marketing and consumer engagement, as well as using technology to increase efficiency in production and distribution. These developments, coupled with ongoing urbanization and rising health awareness, are expected to continue propelling the market forward, ensuring its robust growth in the coming years.
Investing in the Asia Pacific bottled water market presents lucrative opportunities, driven by its projected growth and evolving consumer trends. Investors can capitalize on the increasing demand for eco-friendly and premium bottled water products, as consumers are more health-conscious and environmentally aware. Strategic investments in companies focusing on sustainable packaging innovations or those expanding their product lines to include fortified and flavoured water varieties can prove beneficial.
Additionally, technological advancements in production and distribution offer potential for efficiency improvements and cost reductions, enhancing market competitiveness. Companies with strong digital marketing strategies aimed at capturing the attention of the region's digitally connected consumers may also present promising investment prospects. As urbanization continues and disposable incomes rise, the Asia Pacific bottled water market remains a compelling arena for investment, promising significant returns for those targeting strategic industry segments.
Several leading players dominate the Asia Pacific bottled water industry, contributing significantly to its expansive growth. Prominent companies such as Danone S.A., Nestlรฉ S.A., The Coca-Cola Company, and PepsiCo, Inc. have established a strong presence in the region through extensive distribution networks and significant brand loyalty. These industry giants consistently invest in product innovation and sustainability initiatives to meet evolving consumer demands for eco-friendly and health-oriented products.
Local manufacturers like Nongfu Spring Co., Ltd. and Parle Agro Private Limited also play vital roles by catering to regional tastes and preferences, thereby strengthening market competition. Their strategic marketing efforts, combined with a focus on sustainable practices and premium product offerings, enable these leading players to maintain their competitive edge in the Asia Pacific bottled water market.
Government regulations play a crucial role in the Asia Pacific bottled water market growth by ensuring the safety and quality of products available to consumers. Regulatory bodies in the region are increasingly implementing stringent standards for water quality, labeling, and packaging to protect public health and promote sustainable practices. These regulations often require bottled water manufacturers to conduct rigorous testing and adhere to guidelines concerning permissible levels of contaminants and additives.
In addition, governments are introducing policies aimed at reducing environmental impact, such as mandates for biodegradable or recyclable packaging materials. Compliance with these regulations not only safeguards consumers but also encourages companies to adopt innovative approaches to meet these evolving requirements. As the market continues to grow, regulatory frameworks are expected to further evolve, fostering an environment of transparency and accountability within the industry.
The future of the Asia Pacific bottled water market looks promising, driven by continuous advancements in sustainability, technology, and product innovation. As consumer preferences continue to evolve, there will likely be an increasing demand for personalized and functional water products catering to specific health and wellness needs. The integration of smart technology in production and supply chain management will streamline operations and enhance consumer engagement through personalized marketing strategies. Sustainability will remain a key focus, with further developments in eco-friendly packaging and an emphasis on reducing the carbon footprint of production processes.
Additionally, government incentives promoting water conservation and environmental responsibility are expected to further propel the market. As urbanization accelerates and disposable incomes rise, new opportunities will emerge for businesses to expand their market share by tapping into diversified consumer bases with innovative, health-oriented, and environmentally friendly products.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Vasudha, Senior Research Analyst, 6Wresearch, The Asia Pacific bottled water market is dominated primarily by still water, accounting for the largest share due to its universal appeal and basic hydration benefits.
Polyethylene terephthalate (PET) continues to dominate as the preferred material for bottled water packaging thanks to its lightweight and cost-effectiveness.
Premium bottled water is seeing significant growth due to consumers' willingness to pay for products perceived to offer superior quality and health benefits.
Still bottled water maintains the largest market share across the region due to its basic necessity. Packaged drinking water and functional water bottles are also garnering attention for their added health benefits and convenience.
Supermarkets and hypermarkets remain the leading purchasing sources due to convenience and the ability to offer a wide variety of products.
The 501 ml to 1000 ml segment dominates due to its balance between portability and sufficient hydration, appealing to both individual consumers and families.
Domestic segment is expected to lead the market, benefiting from reduced logistics costs and strong local brand presence. Imported brands appeal to niche markets and consumers seeking perceived quality and exotic offerings.
China emerges as the dominant market contributor due to its massive population and rapid urbanization driving demand.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Bottled Water Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Bottled Water Market Revenues & Volume, 2020 & 2030F |
3.3 Asia Pacific Bottled Water Market - Industry Life Cycle |
3.4 Asia Pacific Bottled Water Market - Porter's Five Forces |
3.5 Asia Pacific Bottled Water Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 Asia Pacific Bottled Water Market Revenues & Volume Share, By Quality, 2020 & 2030F |
3.7 Asia Pacific Bottled Water Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.8 Asia Pacific Bottled Water Market Revenues & Volume Share, By Form, 2020 & 2030F |
3.9 Asia Pacific Bottled Water Market Revenues & Volume Share, By Material, 2020 & 2030F |
3.10 Asia Pacific Bottled Water Market Revenues & Volume Share, By Purchasing Sources, 2020 & 2030F |
3.11 Asia Pacific Bottled Water Market Revenues & Volume Share, By Origin of Product, 2020 & 2030F |
3.12 Asia Pacific Bottled Water Market Revenues & Volume Share, By Pack Size, 2020 & 2030F |
4 Asia Pacific Bottled Water Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Bottled Water Market Trends |
6 Asia Pacific Bottled Water Market, 2020 - 2030 |
6.1 Asia Pacific Bottled Water Market, Revenues & Volume, By Quality, 2020 - 2030 |
6.2 Asia Pacific Bottled Water Market, Revenues & Volume, By Type, 2020 - 2030 |
6.3 Asia Pacific Bottled Water Market, Revenues & Volume, By Product, 2020 - 2030 |
6.4 Asia Pacific Bottled Water Market, Revenues & Volume, By Material, 2020 - 2030 |
6.5 Asia Pacific Bottled Water Market, Revenues & Volume, By Purchasing Sources, 2020 - 2030 |
6.6 Asia Pacific Bottled Water Market, Revenues & Volume, By Origin of Product, 2020 - 2030 |
6.7 Asia Pacific Bottled Water Market, Revenues & Volume, By Pack Size, 2020 - 2030 |
7 China Bottled Water Market, 2020 - 2030 |
7.1 China Bottled Water Market, Revenues & Volume, By Quality, 2020 - 2030 |
7.2 China Bottled Water Market, Revenues & Volume, By Type, 2020 - 2030 |
7.3 China Bottled Water Market, Revenues & Volume, By Product, 2020 - 2030 |
7.4 China Bottled Water Market, Revenues & Volume, By Material, 2020 - 2030 |
7.5 China Bottled Water Market, Revenues & Volume, By Purchasing Sources, 2020 - 2030 |
7.6 China Bottled Water Market, Revenues & Volume, By Origin of Product, 2020 - 2030 |
7.7 China Bottled Water Market, Revenues & Volume, By Pack Size, 2020 - 2030 |
8 India Bottled Water Market, 2020 - 2030 |
8.1 India Bottled Water Market, Revenues & Volume, By Quality, 2020 - 2030 |
8.2 India Bottled Water Market, Revenues & Volume, By Type, 2020 - 2030 |
8.3 India Bottled Water Market, Revenues & Volume, By Product, 2020 - 2030 |
8.4 India Bottled Water Market, Revenues & Volume, By Material, 2020 - 2030 |
8.5 India Bottled Water Market, Revenues & Volume, By Purchasing Sources, 2020 - 2030 |
8.6 India Bottled Water Market, Revenues & Volume, By Origin of Product, 2020 - 2030 |
8.7 India Bottled Water Market, Revenues & Volume, By Pack Size, 2020 - 2030 |
9 Japan Bottled Water Market, 2020 - 2030 |
9.1 Japan Bottled Water Market, Revenues & Volume, By Quality, 2020 - 2030 |
9.2 Japan Bottled Water Market, Revenues & Volume, By Type, 2020 - 2030 |
9.3 Japan Bottled Water Market, Revenues & Volume, By Product, 2020 - 2030 |
9.4 Japan Bottled Water Market, Revenues & Volume, By Material, 2020 - 2030 |
9.5 Japan Bottled Water Market, Revenues & Volume, By Purchasing Sources, 2020 - 2030 |
9.6 Japan Bottled Water Market, Revenues & Volume, By Origin of Product, 2020 - 2030 |
9.7 Japan Bottled Water Market, Revenues & Volume, By Pack Size, 2020 - 2030 |
10 Australia Bottled Water Market, 2020 - 2030 |
10.1 Australia Bottled Water Market, Revenues & Volume, By Quality, 2020 - 2030 |
10.2 Australia Bottled Water Market, Revenues & Volume, By Type, 2020 - 2030 |
10.3 Australia Bottled Water Market, Revenues & Volume, By Product, 2020 - 2030 |
10.4 Australia Bottled Water Market, Revenues & Volume, By Material, 2020 - 2030 |
10.5 Australia Bottled Water Market, Revenues & Volume, By Purchasing Sources, 2020 - 2030 |
10.6 Australia Bottled Water Market, Revenues & Volume, By Origin of Product, 2020 - 2030 |
10.7 Australia Bottled Water Market, Revenues & Volume, By Pack Size, 2020 - 2030 |
11 Indonesia Bottled Water Market, 2020 - 2030 |
11.1 Indonesia Bottled Water Market, Revenues & Volume, By Quality, 2020 - 2030 |
11.2 Indonesia Bottled Water Market, Revenues & Volume, By Type, 2020 - 2030 |
11.3 Indonesia Bottled Water Market, Revenues & Volume, By Product, 2020 - 2030 |
11.4 Indonesia Bottled Water Market, Revenues & Volume, By Material, 2020 - 2030 |
11.5 Indonesia Bottled Water Market, Revenues & Volume, By Purchasing Sources, 2020 - 2030 |
11.6 Indonesia Bottled Water Market, Revenues & Volume, By Origin of Product, 2020 - 2030 |
11.7 Indonesia Bottled Water Market, Revenues & Volume, By Pack Size, 2020 - 2030 |
12 Philippines Bottled Water Market, 2020 - 2030 |
12.1 Philippines Bottled Water Market, Revenues & Volume, By Quality, 2020 - 2030 |
12.2 Philippines Bottled Water Market, Revenues & Volume, By Type, 2020 - 2030 |
12.3 Philippines Bottled Water Market, Revenues & Volume, By Product, 2020 - 2030 |
12.4 Philippines Bottled Water Market, Revenues & Volume, By Material, 2020 - 2030 |
12.5 Philippines Bottled Water Market, Revenues & Volume, By Purchasing Sources, 2020 - 2030 |
12.6 Philippines Bottled Water Market, Revenues & Volume, By Origin of Product, 2020 - 2030 |
12.7 Philippines Bottled Water Market, Revenues & Volume, By Pack Size, 2020 - 2030 |
13 Thailand Bottled Water Market, 2020 - 2030 |
13.1 Thailand Bottled Water Market, Revenues & Volume, By Quality, 2020 - 2030 |
13.2 Thailand Bottled Water Market, Revenues & Volume, By Type, 2020 - 2030 |
13.3 Thailand Bottled Water Market, Revenues & Volume, By Product, 2020 - 2030 |
13.4 Thailand Bottled Water Market, Revenues & Volume, By Material, 2020 - 2030 |
13.5 Thailand Bottled Water Market, Revenues & Volume, By Purchasing Sources, 2020 - 2030 |
13.6 Thailand Bottled Water Market, Revenues & Volume, By Origin of Product, 2020 - 2030 |
13.7 Thailand Bottled Water Market, Revenues & Volume, By Pack Size, 2020 - 2030 |
14 Malaysia Bottled Water Market, 2020 - 2030 |
14.1 Malaysia Bottled Water Market, Revenues & Volume, By Quality, 2020 - 2030 |
14.2 Malaysia Bottled Water Market, Revenues & Volume, By Type, 2020 - 2030 |
14.3 Malaysia Bottled Water Market, Revenues & Volume, By Product, 2020 - 2030 |
14.4 Malaysia Bottled Water Market, Revenues & Volume, By Material, 2020 - 2030 |
14.5 Malaysia Bottled Water Market, Revenues & Volume, By Purchasing Sources, 2020 - 2030 |
14.6 Malaysia Bottled Water Market, Revenues & Volume, By Origin of Product, 2020 - 2030 |
14.7 Malaysia Bottled Water Market, Revenues & Volume, By Pack Size, 2020 - 2030 |
15 Singapore Bottled Water Market, 2020 - 2030 |
15.1 Singapore Bottled Water Market, Revenues & Volume, By Purchasing Sources, 2020 - 2030 |
15.2 Singapore Bottled Water Market, Revenues & Volume, By Purchasing Sources, 2020 - 2030 |
15.3 Singapore Bottled Water Market, Revenues & Volume, By Purchasing Sources, 2020 - 2030 |
15.4 Singapore Bottled Water Market, Revenues & Volume, By Purchasing Sources, 2020 - 2030 |
15.5 Singapore Bottled Water Market, Revenues & Volume, By Purchasing Sources, 2020 - 2030 |
15.6 Singapore Bottled Water Market, Revenues & Volume, By Origin of Product, 2020 - 2030 |
15.7 Singapore Bottled Water Market, Revenues & Volume, By Pack Size, 2020 - 2030 |
16 Rest of Asia Bottled Water Market, 2020 - 2030 |
16.1 Rest of Asia Bottled Water Market, Revenues & Volume, By Quality, 2020 - 2030 |
16.2 Rest of Asia Bottled Water Market, Revenues & Volume, By Type, 2020 - 2030 |
16.3 Rest of Asia Bottled Water Market, Revenues & Volume, By Product, 2020 - 2030 |
16.4 Rest of Asia Bottled Water Market, Revenues & Volume, By Material, 2020 - 2030 |
16.5 Rest of Asia Bottled Water Market, Revenues & Volume, By Purchasing Sources, 2020 - 2030 |
16.6 Rest of Asia Bottled Water Market, Revenues & Volume, By Origin of Product, 2020 - 2030 |
16.7 Rest of Asia Bottled Water Market, Revenues & Volume, By Pack Size, 2020 - 2030 |
17 Asia Pacific Bottled Water Market Key Performance Indicators |
18 Asia Pacific Bottled Water Market - Opportunity Assessment |
18.1 Asia Pacific Bottled Water Market Opportunity Assessment, By Countries, 2020 & 2030F |
18.2 Asia Pacific Bottled Water Market Opportunity Assessment, By Quality, 2020 & 2030F |
18.3 Asia Pacific Bottled Water Market Opportunity Assessment, By Type, 2020 & 2030F |
18.4 Asia Pacific Bottled Water Market Opportunity Assessment, By Product, 2020 & 2030F |
18.5 Asia Pacific Bottled Water Market Opportunity Assessment, By Material, 2020 & 2030F |
18.6 Asia Pacific Bottled Water Market Opportunity Assessment, By Purchasing Sources, 2020 & 2030F |
18.7 Asia Pacific Bottled Water Market Opportunity Assessment, By Origin of Product, 2020 & 2030F |
18.8 Asia Pacific Bottled Water Market Opportunity Assessment, By Pack Size, 2020 & 2030F |
19 Asia Pacific Bottled Water Market - Competitive Landscape |
19.1 Asia Pacific Bottled Water Market Revenue Share, By Companies, 2023 |
19.2 Asia Pacific Bottled Water Market Competitive Benchmarking, By Operating and Technical Parameters |
20 Company Profiles |
21 Recommendations |
22 Disclaimer |