Product Code: ETC189276 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
India Sparkling Water market currently, in 2023, has witnessed an HHI of 1925, Which has decreased slightly as compared to the HHI of 3869 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
India sparkling water market is expected to grow at a CAGR of 11.4% from 2025 to 2031, driven by the increasing awareness about health and wellness among India consumers and their preference for healthier beverage options. Rising disposable incomes, urbanization, changing consumer lifestyle and increased demand for convenience products are some of the key drivers of this growth.
Growing Health Consciousness: Increasing awareness among consumers for leading a healthy lifestyle has driven them to opt healthier alternatives like sparkling water over other sugar-laden beverages. This in turn is driving the growth of the India sparkling water market.Expansion of Customer Base: With an influx of new customers, particularly from young urban population, there has been significant shift towards sparkling waters in India. These people have different taste preferences and are more inclined to try flavoured or carbonated drinks as compared to traditional beverages.Growing Availability and Distribution Network: Owing to the increased demand for sparkling water, manufacturers are widening their distribution networks which include e-commerce platforms such as Amazon and Flipkart as well as retail stores across cities complementing this expansion process further is the growing availability of products at convenient store locations that meet consumer needs efficiently while also providing convenience and value for money proposition leading to higher sales volume.
Challenges faced by the India sparkling water market include low penetration in rural areas due to limited availability of these products, lack of brand loyalty among customers as they prefer local brands or carbonated soft drinks (CSD), strict government regulations on packaging materials used and associated costs involved with them. In addition, competition from bottled mineral water can also be seen as a challenge to this sector.
Key players operating in Indiasparkling water market include PepsiCo Inc., Coca-Cola Co., Bisleri International Pvt Ltd., Tata Global Beverages Limited, Himalayan Water Pvt Ltd., Parle Agro Private Limited; BevCarts Manufacturing LLP; United Breweries Group; Suntory-Beam AGF Private Limited; HCCBPL (Hindustan Coca Cola Beverages Private Limited) etc
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 India Sparkling Water Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sparkling Water Market Revenues & Volume, 2021 & 2031F |
3.3 India Sparkling Water Market - Industry Life Cycle |
3.4 India Sparkling Water Market - Porter's Five Forces |
3.5 India Sparkling Water Market Revenues & Volume Share, By Product Outlook, 2021 & 2031F |
3.6 India Sparkling Water Market Revenues & Volume Share, By Distribution Channel Outlook (Revenue, USD Million, 2021-2031), 2021 & 2031F |
4 India Sparkling Water Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Sparkling Water Market Trends |
6 India Sparkling Water Market, By Types |
6.1 India Sparkling Water Market, By Product Outlook |
6.1.1 Overview and Analysis |
6.1.2 India Sparkling Water Market Revenues & Volume, By Product Outlook, 2021-2031F |
6.1.3 India Sparkling Water Market Revenues & Volume, By Natural/Mineral Sparkling Water, 2021-2031F |
6.1.4 India Sparkling Water Market Revenues & Volume, By Caffeinated Sparkling Water, 2021-2031F |
6.2 India Sparkling Water Market, By Distribution Channel Outlook (Revenue, USD Million, 2021-2031) |
6.2.1 Overview and Analysis |
6.2.2 India Sparkling Water Market Revenues & Volume, By Hypermarket & Supermarket, 2021-2031F |
6.2.3 India Sparkling Water Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 India Sparkling Water Market Revenues & Volume, By Online, 2021-2031F |
6.2.5 India Sparkling Water Market Revenues & Volume, By Others, 2021-2031F |
7 India Sparkling Water Market Import-Export Trade Statistics |
7.1 India Sparkling Water Market Export to Major Countries |
7.2 India Sparkling Water Market Imports from Major Countries |
8 India Sparkling Water Market Key Performance Indicators |
9 India Sparkling Water Market - Opportunity Assessment |
9.1 India Sparkling Water Market Opportunity Assessment, By Product Outlook, 2021 & 2031F |
9.2 India Sparkling Water Market Opportunity Assessment, By Distribution Channel Outlook (Revenue, USD Million, 2021-2031), 2021 & 2031F |
10 India Sparkling Water Market - Competitive Landscape |
10.1 India Sparkling Water Market Revenue Share, By Companies, 2024 |
10.2 India Sparkling Water Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |