India Bottled Water Market to Grow at CAGR of over 13% through FY2027F

 Lack of availability of clean water to drive Bottled Water market of India in the forecast period.

According to TechSci Research report on, “India Bottled Water Market - By Region, Competition Forecast & Opportunities, FY2017 - FY2027F”, India bottled water market was valued at over USD2434 million in FY2021 and the market is anticipated to grow at impressive CAGR of over 13% through FY2027 to reach USD4781 million by FY2027. Rising awareness pertaining to drinking clean water and increasing disposable income are driving the demand for the bottled water market.

Due to increased focus on health and hygiene, demand for bottled water surged amid COVID-19, and therefore, people purchased more and more bottled water. Also, the number of water-borne diseases, including fluorosis, malaria, typhoid, diarrhea, and viral fever, is on the rise, further pushing the demand for India bottled water market.

In addition, flavored bottled water is gaining prominence as it contains fruit essence and artificial sweeteners; therefore, it is replacing plain water bottles. This transition is creating an opportunity for bottled water market players in India to increase their product portfolio and expand their consumer base.

The outbreak of COVID-19 had a negative impact on the country's bottled water industry as demand for bottled water disappeared from hotels, restaurants, and corporate offices due to lockdown. This negatively impacted the volumes of bottled water as compared to pre-COVID months. Moreover, the bottled water industry reported a massive decline in revenues during the April-June 2020 quarter due to the closure of restaurants and workplaces.



Browse over 28 market data Figures spread through 83 Pages and an in-depth TOC on "India Bottled Water Market"

https://www.techsciresearch.com/report/india-bottled-water-market/7258.html

India bottled water market is segmented based on stock keeping units, packaging, end user, region and competitive landscape. Based on the stock keeping units, market is further fragmented into less than 1L, 1L-2L and more than 2L. 1L-2L accounted for a share of over 45% in the India bottled water market in FY2021. Since it is the preferred volume by the majority of the customers, therefore, all the companies offer bottled water in this category, contributing to the significant share of the segment.

Key market players operating in the Bottled Water market of India include:

·         Bisleri International Pvt. Ltd.

·         Varun Beverages Ltd

·         Coca-Cola India Pvt. Ltd

·         Parle Agro Private Limited

·         Tata Consumer Products Limited

·         Indian Railway Catering and Tourism Corporation Limited

·         RMD Foods & Beverages Pvt. Ltd.

·         United Breweries Limited (UBL)

·         Picasona Agriculture Products Private Limited

·         Narang Group (RN)

India bottled water market is highly competitive, thereby the companies need to maintain the quality of the products being delivered to consumers. Many market players are focusing on expanding their bottled water range to meet the consumers' ever-growing demand by offering products such as flavored water, fruit water, etc. Such products are gaining immense popularity among consumers. These factors are anticipated to play a significant role in attracting and expanding the consumer base of India bottled water market.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=7258

Customers can also request for 10% free customization on this report.

“The bottled water market is witnessing an expansion in rural areas, owing to multiple factors, including a growing awareness of health and hygiene and the lack of availability of clean water. Other factors that contribute to the growth of this market are water contamination from agricultural chemicals, industry, waste disposal, lower income and technological solutions, poor community water management and so on. According to research by the National Statistical Office, the percentage of rural families using sealed bottles for drinking water increased from 0.5% in 2008 to 4% in 2018.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Bottled Water Market By Stock Keeping Units (Less than 1L, 1L-2L, More than 2L), By Packaging (Bottles, Barrels, Glasses), By End-User (Individual and Commercial), By Region, Competition, Forecast & Opportunities, FY2017-FY2027F” has evaluated the future growth potential of India Bottled Water market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Bottled Water market.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

Website: https://www.techsciresearch.com

Comments

Post a Comment

Popular posts from this blog

India Exfoliators & Scrub Market 2016-2026: Regional Analysis and Forecast | TechSci Research

Image
India exfoliators & scrub market is projected to witness significant growth by 2026, owing to the growing awareness towards getting proper & healthy skin among both men and women population of the country. Concerns like skin pigmentation, acne marks, discoloration and age spots are further supporting the demand for exfoliators and scrubs.  Moreover, the rising per capita income of the country is enabling consumers to spend on products like exfoliators and scrubs. The entry of leading international brands and launch of new products is expected to drive the India exfoliators and scrub market during the forecast period. Exfoliators and scrubs help in removing the dead skin cell present on the skin’s outermost surface. They consist of fine diatoms which protect the skin’s surface. The market is also witnessing high demand for herbal exfoliators and scrubs as consumers are now getting more aware about the harmful effects of chemical-based products on their skin. Further, rising dema
Read more

Saudi Arabia Testing, Adjusting, and Balancing (TAB) Services Market: Opportunities, Size and Growth Projections in Upcoming Years

Image
  Increasing HVAC installations, growing infrastructure and increasing tourism sector are propelling the growth of Saudi Arabia Testing, Adjusting, and Balancing (TAB) Services market. According to TechSci Research report,  “Saudi Arabia Testing, Adjusting, and Balancing (TAB) Services Market - Industry Size, Share, Trends, Competition, Opportunities and Forecast, 2018- 2028F, ”  the Saudi Arabia Testing, Adjusting, and Balancing (TAB) Services market is expected to grow during the forecast period owing to the factors such as rising infrastructural activities, various events organized by government, and rising demand from the commercial sector. As well as promoting sustainable and energy-efficient systems, initiatives and activities are required to influence people's attitudes toward minimizing food loss and waste (FLW) through the use of HVAC systems. The Saudi Arabian refrigeration sector is expanding rapidly as there is an increasing need to prevent food waste. The need for HVAC
Read more

India Electric Rice Cooker Market 2018-2028: Emerging Opportunities | TechSci Research

Image
Increase in working professionals and the creation of new products will fuel the electric rice cooker market through the forecast period. According to TechSci Research report, “ India Electric Rice Cooker Market   – By Region Competition Forecast and Opportunities , 2018-2028F”  India's electric rice cooker market is forecasted to grow at an impressive CAGR during the forecast period because of reduced household spending and transition to electrical appliances. Growing acceptance of corporate work cultures, rising living standards, and an increase in the number of nuclear families all contribute to the market's expansion. I In addition to that, due to the availability of multifunction cooking appliances with smart functions, which is fueling the demand for electric rice cookers, the market for these appliances is anticipated to grow steadily during the anticipated period. The Go Electric campaign was started by the Indian government in February 2021 to raise public knowledge of
Read more