Product Code: ETC015563 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Mexico Bottled Water market currently, in 2023, has witnessed an HHI of 3175, Which has decreased slightly as compared to the HHI of 5495 in 2017. The market is moving towards concentrated. 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.
Mexico is the fourth-largest market for bottled water in the world, with an expected CAGR of 5.9% between 2020 and 2026. In 2019, Mexico consumed 9 billion liters of bottled water, equivalent to 2.4 liters per capita annually or 6 glasses per person every day. The growth rate has been steady throughout the years with a slight increase due to health and environmental concerns associated with tap water quality in urban areas
Drivers The main factors driving this growth are increasing disposable incomes, improving standards of living, changes in lifestyles which favor healthy drinking habits such as hydration during physical activities; and growing awareness about health risks related to consuming contaminated tap water from public systems - especially those lacking treatment processes or aging infrastructure. Additionally consumers? preference for mineralized waters that contain beneficial minerals such as calcium fluoride have contributed significantly to increased sales volumes over recent years
The entry cost into this market is relatively low making it possible for domestic companies to compete on pricing strategies against established global firms though economies of scale remain crucial when it comes time production costs reduction thereby allowing them access larger retail channels including modern trade outlets like supermarkets and hypermarkets chains where they can benefit from higher average selling prices (ASPs)
Moreover, changing lifestyles and hectic schedules among consumers has also led to an increase in demand of convenience foods such as on-the-go beverages which further fuels the consumption of packaged drinking water. Another factor that supports the growth of this market is increasing promotions by manufacturers through various channels which helps them reach potential customers from different economic backgrounds. It has been observed that people prefer buying mineralized or flavored waters over tap water due to its better taste and quality
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 Mexico Bottled Water Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Bottled Water Market Revenues & Volume, 2019 & 2026F |
3.3 Mexico Bottled Water Market - Industry Life Cycle |
3.4 Mexico Bottled Water Market - Porter's Five Forces |
3.5 Mexico Bottled Water Market Revenues & Volume Share, By Quality, 2019 & 2026F |
3.6 Mexico Bottled Water Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.7 Mexico Bottled Water Market Revenues & Volume Share, By Product, 2019 & 2026F |
3.8 Mexico Bottled Water Market Revenues & Volume Share, By Material, 2019 & 2026F |
3.9 Mexico Bottled Water Market Revenues & Volume Share, By Purchasing Sources, 2019 & 2026F |
3.10 Mexico Bottled Water Market Revenues & Volume Share, By Origin of Product, 2019 & 2026F |
3.11 Mexico Bottled Water Market Revenues & Volume Share, By Pack Size, 2019 & 2026F |
4 Mexico Bottled Water Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mexico Bottled Water Market Trends |
6 Mexico Bottled Water Market, By Types |
6.1 Mexico Bottled Water Market, By Quality |
6.1.1 Overview and Analysis |
6.1.2 Mexico Bottled Water Market Revenues & Volume, By Quality, 2016 - 2026F |
6.1.3 Mexico Bottled Water Market Revenues & Volume, By Premium, 2016 - 2026F |
6.1.4 Mexico Bottled Water Market Revenues & Volume, By Non-Premium, 2016 - 2026F |
6.2 Mexico Bottled Water Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Mexico Bottled Water Market Revenues & Volume, By Still Water, 2016 - 2026F |
6.2.3 Mexico Bottled Water Market Revenues & Volume, By Spring Water, 2016 - 2026F |
6.2.4 Mexico Bottled Water Market Revenues & Volume, By Sparkling Water, 2016 - 2026F |
6.2.5 Mexico Bottled Water Market Revenues & Volume, By Purified Water, 2016 - 2026F |
6.2.6 Mexico Bottled Water Market Revenues & Volume, By Mineral Water, 2016 - 2026F |
6.3 Mexico Bottled Water Market, By Product |
6.3.1 Overview and Analysis |
6.3.2 Mexico Bottled Water Market Revenues & Volume, By Still Bottle Water, 2016 - 2026F |
6.3.3 Mexico Bottled Water Market Revenues & Volume, By Packaged Drinking Water, 2016 - 2026F |
6.3.4 Mexico Bottled Water Market Revenues & Volume, By Functional Water Bottle, 2016 - 2026F |
6.3.5 Mexico Bottled Water Market Revenues & Volume, By Flavored Bottled Water, 2016 - 2026F |
6.3.6 Mexico Bottled Water Market Revenues & Volume, By Distilled Bottled Water, 2016 - 2026F |
6.3.7 Mexico Bottled Water Market Revenues & Volume, By arbonated Bottle Water, 2016 - 2026F |
6.4 Mexico Bottled Water Market, By Material |
6.4.1 Overview and Analysis |
6.4.2 Mexico Bottled Water Market Revenues & Volume, By Polyethylene Terephthalate (PET), 2016 - 2026F |
6.4.3 Mexico Bottled Water Market Revenues & Volume, By Glass, 2016 - 2026F |
6.5 Mexico Bottled Water Market, By Purchasing Sources |
6.5.1 Overview and Analysis |
6.5.2 Mexico Bottled Water Market Revenues & Volume, By Supermarket/Hypermarket, 2016 - 2026F |
6.5.3 Mexico Bottled Water Market Revenues & Volume, By Online Retail Stores, 2016 - 2026F |
6.5.4 Mexico Bottled Water Market Revenues & Volume, By Grocery Stores, 2016 - 2026F |
6.5.5 Mexico Bottled Water Market Revenues & Volume, By Food Serving Places, 2016 - 2026F |
6.5.6 Mexico Bottled Water Market Revenues & Volume, By E-retailers, 2016 - 2026F |
6.5.7 Mexico Bottled Water Market Revenues & Volume, By Clubs, 2016 - 2026F |
6.5.8 Mexico Bottled Water Market Revenues & Volume, By Others, 2016 - 2026F |
6.5.9 Mexico Bottled Water Market Revenues & Volume, By Others, 2016 - 2026F |
6.6 Mexico Bottled Water Market, By Origin of Product |
6.6.1 Overview and Analysis |
6.6.2 Mexico Bottled Water Market Revenues & Volume, By Imported, 2016 - 2026F |
6.6.3 Mexico Bottled Water Market Revenues & Volume, By Domestic, 2016 - 2026F |
6.7 Mexico Bottled Water Market, By Pack Size |
6.7.1 Overview and Analysis |
6.7.2 Mexico Bottled Water Market Revenues & Volume, By 1501 ml and above, 2016 - 2026F |
6.7.3 Mexico Bottled Water Market Revenues & Volume, By 1001 ml - 1500 ml, 2016 - 2026F |
6.7.4 Mexico Bottled Water Market Revenues & Volume, By 331 ml - 500ml, 2016 - 2026F |
6.7.5 Mexico Bottled Water Market Revenues & Volume, By 331 ml - 500ml, 2016 - 2026F |
6.7.6 Mexico Bottled Water Market Revenues & Volume, By 330 ml, 2016 - 2026F |
6.8 Mexico Bottled Water Market, By End-user Packaging |
6.8.1 Overview and Analysis |
6.8.2 Mexico Bottled Water Market Revenues & Volume, By Plastic Bottle, 2016 - 2026F |
6.8.3 Mexico Bottled Water Market Revenues & Volume, By Glass Bottle, 2016 - 2026F |
6.8.4 Mexico Bottled Water Market Revenues & Volume, By Can, 2016 - 2026F |
6.8.5 Mexico Bottled Water Market Revenues & Volume, By Can, 2016 - 2026F |
7 Mexico Bottled Water Market Import-Export Trade Statistics |
7.1 Mexico Bottled Water Market Export to Major Countries |
7.2 Mexico Bottled Water Market Imports from Major Countries |
8 Mexico Bottled Water Market Key Performance Indicators |
9 Mexico Bottled Water Market - Opportunity Assessment |
9.1 Mexico Bottled Water Market Opportunity Assessment, By Quality, 2019 & 2026F |
9.2 Mexico Bottled Water Market Opportunity Assessment, By Type, 2019 & 2026F |
9.3 Mexico Bottled Water Market Opportunity Assessment, By Product, 2019 & 2026F |
9.4 Mexico Bottled Water Market Opportunity Assessment, By Material, 2019 & 2026F |
9.5 Mexico Bottled Water Market Opportunity Assessment, By Purchasing Sources, 2019 & 2026F |
9.6 Mexico Bottled Water Market Opportunity Assessment, By Origin of Product, 2019 & 2026F |
9.7 Mexico Bottled Water Market Opportunity Assessment, By Pack Size, 2019 & 2026F |
9.7 Mexico Bottled Water Market Opportunity Assessment, By End-user Packaging, 2019 & 2026F |
10 Mexico Bottled Water Market - Competitive Landscape |
10.1 Mexico Bottled Water Market Revenue Share, By Companies, 2019 |
10.2 Mexico Bottled Water Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |