Global Bottled Water Market Overview: Growth and Forecasts
The global bottled water market has grown rapidly in recent years, supported by rising health awareness, concerns over tap water safety, and shifting consumer lifestyles. In 2024, the market was valued at more than USD 340 billion and is expected to surpass USD 500 billion by 2030, registering a CAGR of around 6.5% during the forecast period. This strong growth reflects both volume expansion and rising demand for premium, functional, and flavored water products.
The market is segmented by product type into still water, sparkling water, flavored water, and functional water. Still water dominates with the largest share, as consumers across developing economies prefer affordable, safe, and easily available options. However, sparkling and flavored waters are gaining popularity in urban markets, particularly among younger demographics who seek variety and healthier alternatives to carbonated soft drinks. Functional water enriched with vitamins and minerals is another fast-growing category, driven by wellness trends.
Packaging plays a…