TechNavio recognizes the following companies as the key players in the Global Bottled Water Market: estlé S.A., Danone S.A., PepsiCo Inc., and The Coca-Cola Co.
Commenting on the report, an analyst from TechNavio’s team said: “There are many regulations being made and implemented by different countries regarding the manufacture of bottled water. As the popularity of bottled water is increasing worldwide, it is necessary for governments to impose some regulations, as consumption of water is a critical issue for public health. For instance, in the US, the FDA regulates bottled water through the Federal Food, Drug, and Cosmetic Act. Under the Act, manufacturers are responsible for producing safe, wholesome, and truthfully labeled food products, including bottled water products. The FDA inspects the companies to check whether or not they are processing, bottling, and transporting bottled water under sanitary conditions. Hence, companies need to abide by and go through all the procedures and regulations laid down by the FDA. Similar to this, there are many countries where the government has started taking action to ensure the safety of bottled water. Thus, this will enable them to remove unethical companies and provide safer and purified water to consumers. This trend is expected to exert both a positive and negative influence on the Global Bottled Water market.”
According to the report, one of the main drivers in the market is the rising population worldwide. The increasing population in India and in developing countries in the Middle East has resulted in a rise in the demand for bottled water as there is a huge scarcity of drinking water in these countries. Therefore, consumers are increasingly purchasing bottled water products.
Further, the report states that one of the key challenges is the increase in the number of private label brands creating parity between branded water and private labels, which is forcing branded bottled water companies to lower prices to remain competitive.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Aqua Gold International Inc., Boreal Water Collection Inc., China Water & Drinks Inc., Isbre Holding Corp., Saint Elie Inc., and Suntory Water Group Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-bottled-water-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global Bottled Water Market 2012-2016
