Wednesday, June 4, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Health

Bottled Water Market 2018-2023 CAGR 20.75%

Fiinews by Fiinews
March 24, 2019
in Health, Manufacturing, Special Reports
Reading Time: 2 mins read
A A
0
0
SHARES
16
VIEWS
LinkedinShare on Twitter

0:00

Market Trend: Institutional partnerships

PepsiCo.

 

The bottled water market in India is expected to reach Rs.~403.06 billion by the end of 2023, from its current value of Rs.~160 billion, expanding at a compound annual growth rate (CAGR) of ~20.75% from 2018.

Based on volume, the market is likely to reach ~35.53 billion liters by 2023, expanding at a CAGR of ~18.25% from 2018 to 2023, according to a report “Bottled Water Market in India (2018-2023)” by ResearchAndMarkets.

Increasing health concerns, and unavailability of clean drinking water have led to the growth of the bottled water market in India.

The major bottled water brands operating in India are Bislery, Kinley, and Aquafina.

In India, bottled water is sold in four main types of SKUs – one-liter bottles, two-liter bottles, 500 milliliter bottles, 250 milliliter bottles, pouches, and barrels of 15-20 liters. Among the different SKUs, one-liter bottles have acquired the largest market share of ~42% in 2018, followed by 500 milliliter bottles and 250 milliliter bottles.

Flavored bottled drinking water has become popular in India. Different kinds of flavored water containing fruit essence and artificial sweeteners like soda, cola, juice, and other sweetened beverages often act as a substitute to plain bottled water.

At times consumers prefer flavored bottled water to normal bottled water. This shift is developing an opportunity to expand the product line of bottled water manufacturers in India.

Apart from individual sales, market players in India have recently inclined towards institutional sales through partnership with airlines, movie theatres and hotels.

Such partnerships are eventually increasing the penetration of the product in the market, followed by rise in the overall sales volume in India.

India accounts for ~18% of the global population. In addition, the per-capita income of Indians witnessed a growth of ~8.6% in 2017.

Moreover, increased awareness among the growing population about the importance of safe drinking water for maintaining good health, along with a sharp rise in per capita income is creating a demand for bottled water in India.

Tourists prefer bottled water to normal tap water. The rate of foreign tourists in India is expected to increase at a rate of ~6.7% during 2015-2025. This, in turn, is anticipated to boost the sale of bottled water in India.

In recent years, a number of companies selling fake branded bottled water have cropped up in the market. These players do not maintain quality and hygiene standards, which in turn leads to health issues among consumers. As a result, consumers lose faith in bottled water, thus affecting the overall sales.

Nearly 67% of the population resides in rural areas. However, the rate of penetration of bottled water is significantly low in these regions. This, as a result, hinders the growth of the market in India.

Companies in the water business: Bislery International, Coca-Cola India, Dhariwal Industries, Indian Railway Catering and Tourism Corporation, Narang Group, Nestle Group, Tata Global Beverages, Parle Agro, PepsiCo and United Breweries. fiinews.com

Tags: Bislery InternationalCoca-Cola IndiaDhariwal IndustriesIndian Railway Catering and Tourism CorporationNarang GroupNestle GroupParle AgroPepsiCo and United BreweriesResearchAndMarketsTata Global Beverages
ShareTweetShare

Related Posts

Pm Iata 2
Manufacturing

Manufacturing: MRO has emerged as sunrise sector

by Fiinews
June 4, 2025
0
15

PM says aviation industry stands at a crucial take-off point Prime Minister Narendra Modi says the Maintenance, Repair, and Overhaul...

PIB
Manufacturing

Manufacturing: Private sector to get opportunities  

by Fiinews
June 1, 2025
0
15

AMCA project to develop five prototypes The private sector will get an opportunity to participate in a mega defence project...

Aspire Msme

Manufacturing: NITI Aayog transforming MSMEs

May 29, 2025
15
Bharat Electronics

Manufacturing: Minister wants DPSUs’ output enhanced

May 29, 2025
15
RenewsSys

Manufacturing: RenewSys adds 8 lines at Khopoli

May 23, 2025
18
Bessium Logo

Manufacturing: BESSIUM makes grid-scale batteries

May 23, 2025
17
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Project: Shiv Khera to launch online academy
  • Tech: AI-based multimodal LLM launched
  • Invest: Manipal secures $600m financing
  • Project: Nitika gets TDB support for excipients
  • Invest: Govt approves car industry scheme

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.