DUBLIN--(BUSINESS WIRE)--The "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" report has been added to ResearchAndMarkets.com's offering.

The Indian Bottled Water Market was valued at USD2434.49 million in FY2021 and is anticipated to grow at CAGR value of 13.25% in the forecast years, FY2023F-FY2027F to achieve market value of USD4781.47 million by FY2027F

The market growth can be attributed to factors like rapidly increasing disposable income among the Indian population and surge in the number of diseases caused due to drinking unpurified water. Increasing instances of water borne diseases like cholera, diarrhea, dysentery, hepatitis A, typhoid, and polio are driving the growth of the Indian Bottled Water Market in the upcoming five years.

Surge in the demand for purified, hygienic, and closed container waters is also supporting the market growth. Recent COVID-19 pandemic created a spur among the population to use only healthy and clean water, which also contributed to the growth of the Indian Bottled Water Market.

Increasing government initiatives, and favorable schemes to promote usage of bottled water for drinking, cooking, and other consumptions is further substantiating the growth of the Indian Bottled Water Market in the future five years.

Technological advancement and detailed research regarding purification of water, designing innovative packaging ideas, increasing investment from the government as well as private financial supports are also some of the major factors responsible for the growth of the Indian Bottled Water Market in the next five years.

Bottled water is water packaged in plastic bottles, and glass bottles & barrels which is safe for drinking and is certified by FSSAI. Bottled water is gaining popularity among consumers because it is thought to be more hygienic than loose normal water. Improved advertising and promotional schemes by the market players and governments influence consumer purchasing behavior and thus aid the market growth in the forecast years.

The Indian Bottled Water Market is segmented based on stock keeping units, packaging, end-user, region, and competitional landscape. Based on stock keeping units, the market is further fragmented into less than 1l, 1l-2l and more than 2l. Stock keeping unit between 1 liter to 2 liter, is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years due to evolving consumer preferences.

Younger population that spends most of their time outside home due to work and other necessities, prefers to carry a modest amount of bottled water for their daily consumption.

Objective of the Study:

• To analyze the historical growth in the market size of the Indian Bottled Water Market from FY2017 to FY2021.
• To estimate and forecast the market size of the Indian Bottled Water Market from FY2022E to FY2027F and growth rate until FY2027F.
• To classify and forecast the Indian Bottled Water Market based on stock keeping units, packaging, end-user, regional distribution, and competitive landscape.
• To identify dominant region or segment in the Indian Bottled Water Market.
• To identify drivers and challenges for the Indian Bottled Water Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Indian Bottled Water Market.
• To identify and analyze the profile of leading players operating in the Indian Bottled Water Market.
• To identify key sustainable strategies adopted by the market players in the Indian Bottled Water Market.

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Indian Bottled Water Market.

• 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)

Report Scope:

Years considered for this report:

• Historical Years: FY2017- FY2020
• Base Year: FY2021
• Estimated Year: FY2022E
• Forecast Period: FY2023F - FY2027F

India Bottled Water Market, By Stock Keeping Units

• Less than 1L
• 1L-2L
• More than 2L

India Bottled Water Market, By Packaging

• Bottles
• Barrels
• Glasses

India Bottled Water Market, By End-User

• Individual
• Commercial

India Bottled Water Market, By Region

• North
• West
• South
• East

For more information about this report visit https://www.researchandmarkets.com/r/tgc8no

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