DUBLIN--(BUSINESS WIRE)--The "Glass Bottled Drinking Water Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Type (Spring, Mineral, Sparkling, Others), By Packaging Size (Below 500 ml, 500ml-1L, above 1L), Distribution Channel, and By Region" report has been added to ResearchAndMarkets.com's offering.
The global glass bottled drinking water market is anticipated to grow at a steady CAGR in the forecast period, 2023-2027
The market growth can be attributed to the increasing demand for clean and hygienic water and rising preference of consumers towards re-usable glass water bottles over plastic water bottles to minimize environmental degradation. Bottled water has remained one of the most profitable segments of the beverage consumption market, according to the International Bottled Water Association (IBWA).
Rising health problems such as gastrointestinal diseases caused by the consumption of contaminated water and increasing preference for nutrient-fortified water are further contributing to the sales of glass bottled water, which is adding to their market growth.
Additionally, the rising demand for glass bottled water among travelers and working professionals and promotion of the benefits of consuming natural spring water, mineral water, and other bottled fluids are supporting the growth of the global glass bottled water market. Rapid urbanization has led to the rising demand for portable drinking water, which is adding to the popularity of purified bottled drinking water.
Growing Consumer Preference for Mineral Water to Drive Market Growth
Functional water, recognized as non-alcoholic beverage is a healthy drink that provides instant energy and numerous health benefits such as weight management, appetite control, blood regulation, etc. Functional beverages are being popularly adapted as alternatives to aerated and sugary artificial drinks.
Since rapid urbanization and busy lifestyle have led to a rise in health concerns, consumers are attracted towards functional beverages. Increasing consumption of functional beverages by people going to gym or are involved in high-intensity sports activities are expected to fuel the growth of the glass bottled drinking water market.
Increasing Awareness Towards Plastic Pollution to Boost Glass Bottled Drinking Water Adoption
Only one out of six plastic bottles are recycled. A single plastic water bottle can take up to 1,000 years to decompose, which leaks pollutants into our soil and water along the way. Glass bottles keep the water fresh without the risk of chemicals contaminating the water and they are biodegradable. Glass bottles can be recycled and used repeatedly thus they help to prevent the litter.
Besides, plastic bottle manufacturing companies use millions of barrels of oil every year, which exploits a lot of resources. Enhanced awareness towards sustainability of glass water bottles among consumers and the trend among urban populations to adapt glass bottle for convenience and enhanced portability are some of the factors anticipated to drive the market growth.
Additionally, stringent government regulations for obstructing the use of bottled water are also propelling the adoption of glass bottled drinking water, which is expected to contribute to their market growth.
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global glass bottled drinking water market.
- Saratoga Spring Water Co.
- Sanpellegrino S.p.A.
- Mountain Valley Spring Company, LLC
- Danone Waters of America
- Antipodes Water Company Limited
- Nestle Waters Marketing et Distribution, SAS (Perrier)
- FineWaters Media,LLC
- Hildon Limited
Report Scope:
Glass Bottled Drinking Water Market, By Type:
- Spring
- Mineral
- Sparkling
- Others
Glass Bottled Drinking Water Market, By Packaging Size:
- Below 500 ml
- 500ml-1L
- Above 1L
Glass Bottled Drinking Water Market, By Distribution Channel:
- Supermarkets/Hypermarkets
- Departmental Stores
- Convenience Stores
- Online
- Others {Airports, Railways, etc.}
Glass Bottled Drinking Water Market, By Region:
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Poland
- Denmark
- South America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
- Iraq
- Turkey
For more information about this report visit https://www.researchandmarkets.com/r/pyk3w0
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