The Global Spring Water Market size is expected to reach $347.2 billion by 2028, rising at a market growth of 7.8% CAGR during the forecast period.
Aquifers underneath provide spring water. It originates from a subsurface spring where water rises to the surface spontaneously. The location has an effect on both the mineral content and Total Dissolved Solids (TDS) levels of spring water, which vary. The demand for nutrient-fortified water has been rising among customers at home, on the road, and working professionals. Alkaline, fortified, and electrolyte-rich with extra hydrogen or oxygen products have become increasingly well-liked recently.
Sugar-filled beverages may sometimes be substituted with carbonated or sparkling spring water. Since more people are becoming aware of the advantages of spring water for the skin, the market for spring water is anticipated to rise at a healthy pace throughout the projected period. For companies in the worldwide spring water market, the demand for flow spring and spring mountain water is opening up attractive potential.
The primary requirement for life without which it is impossible to envision surviving is water. Drinking clean, fresh water is essential for preserving both the physical and aesthetic health of the skin. Due to its widespread consumption, there is an increasing demand for high-quality, pricey water. Many commercial organizations have begun offering water in bottled container because they recognize the value of simple packaging.
Due to a number of causes, including rising disposable income, the expansion of emerging economies, and shifting lifestyles, the demand for bottled water is consistently rising. Also, rising consumer expenditure on healthy beverages may help the demand for premium bottled spring water accelerate. Also, bottled water is convenient to transport, which supports the expansion of its market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PepsiCo, Inc., Nestle S.A., Tata Consumer Products Limited (Tata Group), The Coca-Cola Company, Mountain Valley Spring Company, LLC (Primo Water Corporation), Keurig Dr Pepper Inc, Orient Beverages Limited, TEN Spring Water, 3 Springs Water Company LLC, and Gerolsteiner Brunnen GmbH & Co KG.
Aquifers underneath provide spring water. It originates from a subsurface spring where water rises to the surface spontaneously. The location has an effect on both the mineral content and Total Dissolved Solids (TDS) levels of spring water, which vary. The demand for nutrient-fortified water has been rising among customers at home, on the road, and working professionals. Alkaline, fortified, and electrolyte-rich with extra hydrogen or oxygen products have become increasingly well-liked recently.
Sugar-filled beverages may sometimes be substituted with carbonated or sparkling spring water. Since more people are becoming aware of the advantages of spring water for the skin, the market for spring water is anticipated to rise at a healthy pace throughout the projected period. For companies in the worldwide spring water market, the demand for flow spring and spring mountain water is opening up attractive potential.
The primary requirement for life without which it is impossible to envision surviving is water. Drinking clean, fresh water is essential for preserving both the physical and aesthetic health of the skin. Due to its widespread consumption, there is an increasing demand for high-quality, pricey water. Many commercial organizations have begun offering water in bottled container because they recognize the value of simple packaging.
Due to a number of causes, including rising disposable income, the expansion of emerging economies, and shifting lifestyles, the demand for bottled water is consistently rising. Also, rising consumer expenditure on healthy beverages may help the demand for premium bottled spring water accelerate. Also, bottled water is convenient to transport, which supports the expansion of its market.
COVID-19 Impact Analysis
Due to the widespread use of spring water in the production of consumer goods, the demand for spring water decreased significantly on a global scale. In order to meet the increased demand, mainly in industrialized countries, some spring water manufacturing enterprises also had to expand their operations. The amount of spring water being produced has grown as a result. In addition, consumers are becoming more conscious of good hygiene and health habits, which is anticipated to increase demand for spring water after the COVID-19 epidemic. Due to the rapid spread of the COVID-19 virus, which had a significant influence on the market, the economic slowdown impacted the establishment of new spring water projects throughout the world.Market Growth Factors
An increase in knowledge of the health benefits of spring water
The market for spring water worldwide is being accelerated by this factor. The food and beverage business is driven by ongoing urbanization, rising disposable income, and growing consumer desire for healthier water products. There is increasing demand for spring water as a result. Since spring water originates from a new underground water source, it lacks typical contaminants in drinking water. Pure spring water is also rich in minerals, which are excellent for health. Since spring water has a neutral or slightly alkaline pH, it helps to balance the body's acidity and prevents free radical damage. The growing awareness of the health advantages of spring water will aid the market's expansion in the following years.Growth in the hospitality industry
The food service industry is expanding quickly across the globe. An expansion in hotels, restaurants and other food service outlets is due to an expanding consumer base and consumers' propensity to eat in different types of eateries. Also, the hospitality industry is expanding as a result of rising urbanization. The majority of eateries, hotels, and other food service establishments typically offer bottled water with meals. Owing to this expansion of the hospitality industry, there will be a significant increase in demand for spring water bottles.Market Restraining Factor
Growing use of RO purifiers
Reverse osmosis (RO) is considered the finest method of water filtration. This method is thought to be the most efficient for getting rid of pollutants and disease-causing germs that may be present in drinking water. Also, customers are aware of the negative environmental effects of plastic bottles. Because of this, they favor reverse osmosis over bottled water. Because RO purifiers are effective at eliminating contaminants from water and are widely accessible in the market, most people are installing them in their homes.Distribution Channel Outlook
By distribution channel, the spring water market is segmented into specialty stores, online retail, and hypermarkets/supermarkets. In 2021, the supermarket & hypermarket segment recorded a remarkable revenue share in the spring water market. The supermarket & hypermarkets hold a significant client base and significant food shop networks. This is expected to boost spring water sales in supermarkets and hypermarkets over the following years.Packaging Type Outlook
Based on packaging type, the spring water market is divided into bottled and canned. In 2021, the bottled segment held the highest revenue share in the spring water market. Bottled waters often have an infinite shelf life if not removed from their packaging and kept in suitable locations. Increased per capita spending, urbanization, and rising consumer knowledge of the health benefits of drinking bottled water are all expected to drive the bottled water demand ahead. Also, the demand from consumers for drinking water that is vitamin and mineral-rich and the superior taste and quality of bottled water is anticipated to drive market expansion. Over the forecast period, these are expected to be the main variables impacting the spring water market size.Regional Outlook
Region wise, the spring water market is analyzed across North America, Europe, Asia Pacific and LAMEA. In 2021, the Europe region led the spring water market with maximum revenue share. Throughout the forecast period, the market for spring water is anticipated to develop significantly due to the increasing percentage of health-conscious customers and the rising usage of packaged beverages. Bottled water is often offered with meals at hotels and restaurants across Europe, including those in Italy, France, Germany, and the United Kingdom. Also, fast-service restaurants are becoming a more prominent source of demand for spring water.The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PepsiCo, Inc., Nestle S.A., Tata Consumer Products Limited (Tata Group), The Coca-Cola Company, Mountain Valley Spring Company, LLC (Primo Water Corporation), Keurig Dr Pepper Inc, Orient Beverages Limited, TEN Spring Water, 3 Springs Water Company LLC, and Gerolsteiner Brunnen GmbH & Co KG.
Scope of the Study
By Packaging Type
- Bottled
- Canned
By Distribution Channel
- Specialty Stores
- Hypermarkets/Supermarkets
- Online Retail
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- PepsiCo, Inc.
- Nestle S.A.
- Tata Consumer Products Limited (Tata Group)
- The Coca-Cola Company
- Mountain Valley Spring Company, LLC (Primo Water Corporation)
- Keurig Dr Pepper Inc
- Orient Beverages Limited
- TEN Spring Water
- 3 Springs Water Company LLC
- Gerolsteiner Brunnen GmbH & Co KG
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Spring Water Market, by Packaging Type
1.4.2 Global Spring Water Market, by Distribution Channel
1.4.3 Global Spring Water Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Spring Water Market by Packaging Type
3.1 Global Bottled Market by Region
3.2 Global Canned Market by Region
Chapter 4. Global Spring Water Market by Distribution Channel
4.1 Global Specialty Stores Market by Region
4.2 Global Hypermarkets/Supermarkets Market by Region
4.3 Global Online Retail Market by Region
Chapter 5. Global Spring Water Market by Region
5.1 North America Spring Water Market
5.1.1 North America Spring Water Market by Packaging Type
5.1.1.1 North America Bottled Market by Country
5.1.1.2 North America Canned Market by Country
5.1.2 North America Spring Water Market by Distribution Channel
5.1.2.1 North America Specialty Stores Market by Country
5.1.2.2 North America Hypermarkets/Supermarkets Market by Country
5.1.2.3 North America Online Retail Market by Country
5.1.3 North America Spring Water Market by Country
5.1.3.1 US Spring Water Market
5.1.3.1.1 US Spring Water Market by Packaging Type
5.1.3.1.2 US Spring Water Market by Distribution Channel
5.1.3.2 Canada Spring Water Market
5.1.3.2.1 Canada Spring Water Market by Packaging Type
5.1.3.2.2 Canada Spring Water Market by Distribution Channel
5.1.3.3 Mexico Spring Water Market
5.1.3.3.1 Mexico Spring Water Market by Packaging Type
5.1.3.3.2 Mexico Spring Water Market by Distribution Channel
5.1.3.4 Rest of North America Spring Water Market
5.1.3.4.1 Rest of North America Spring Water Market by Packaging Type
5.1.3.4.2 Rest of North America Spring Water Market by Distribution Channel
5.2 Europe Spring Water Market
5.2.1 Europe Spring Water Market by Packaging Type
5.2.1.1 Europe Bottled Market by Country
5.2.1.2 Europe Canned Market by Country
5.2.2 Europe Spring Water Market by Distribution Channel
5.2.2.1 Europe Specialty Stores Market by Country
5.2.2.2 Europe Hypermarkets/Supermarkets Market by Country
5.2.2.3 Europe Online Retail Market by Country
5.2.3 Europe Spring Water Market by Country
5.2.3.1 Germany Spring Water Market
5.2.3.1.1 Germany Spring Water Market by Packaging Type
5.2.3.1.2 Germany Spring Water Market by Distribution Channel
5.2.3.2 UK Spring Water Market
5.2.3.2.1 UK Spring Water Market by Packaging Type
5.2.3.2.2 UK Spring Water Market by Distribution Channel
5.2.3.3 France Spring Water Market
5.2.3.3.1 France Spring Water Market by Packaging Type
5.2.3.3.2 France Spring Water Market by Distribution Channel
5.2.3.4 Russia Spring Water Market
5.2.3.4.1 Russia Spring Water Market by Packaging Type
5.2.3.4.2 Russia Spring Water Market by Distribution Channel
5.2.3.5 Spain Spring Water Market
5.2.3.5.1 Spain Spring Water Market by Packaging Type
5.2.3.5.2 Spain Spring Water Market by Distribution Channel
5.2.3.6 Italy Spring Water Market
5.2.3.6.1 Italy Spring Water Market by Packaging Type
5.2.3.6.2 Italy Spring Water Market by Distribution Channel
5.2.3.7 Rest of Europe Spring Water Market
5.2.3.7.1 Rest of Europe Spring Water Market by Packaging Type
5.2.3.7.2 Rest of Europe Spring Water Market by Distribution Channel
5.3 Asia Pacific Spring Water Market
5.3.1 Asia Pacific Spring Water Market by Packaging Type
5.3.1.1 Asia Pacific Bottled Market by Country
5.3.1.2 Asia Pacific Canned Market by Country
5.3.2 Asia Pacific Spring Water Market by Distribution Channel
5.3.2.1 Asia Pacific Specialty Stores Market by Country
5.3.2.2 Asia Pacific Hypermarkets/Supermarkets Market by Country
5.3.2.3 Asia Pacific Online Retail Market by Country
5.3.3 Asia Pacific Spring Water Market by Country
5.3.3.1 China Spring Water Market
5.3.3.1.1 China Spring Water Market by Packaging Type
5.3.3.1.2 China Spring Water Market by Distribution Channel
5.3.3.2 Japan Spring Water Market
5.3.3.2.1 Japan Spring Water Market by Packaging Type
5.3.3.2.2 Japan Spring Water Market by Distribution Channel
5.3.3.3 India Spring Water Market
5.3.3.3.1 India Spring Water Market by Packaging Type
5.3.3.3.2 India Spring Water Market by Distribution Channel
5.3.3.4 South Korea Spring Water Market
5.3.3.4.1 South Korea Spring Water Market by Packaging Type
5.3.3.4.2 South Korea Spring Water Market by Distribution Channel
5.3.3.5 Singapore Spring Water Market
5.3.3.5.1 Singapore Spring Water Market by Packaging Type
5.3.3.5.2 Singapore Spring Water Market by Distribution Channel
5.3.3.6 Malaysia Spring Water Market
5.3.3.6.1 Malaysia Spring Water Market by Packaging Type
5.3.3.6.2 Malaysia Spring Water Market by Distribution Channel
5.3.3.7 Rest of Asia Pacific Spring Water Market
5.3.3.7.1 Rest of Asia Pacific Spring Water Market by Packaging Type
5.3.3.7.2 Rest of Asia Pacific Spring Water Market by Distribution Channel
5.4 LAMEA Spring Water Market
5.4.1 LAMEA Spring Water Market by Packaging Type
5.4.1.1 LAMEA Bottled Market by Country
5.4.1.2 LAMEA Canned Market by Country
5.4.2 LAMEA Spring Water Market by Distribution Channel
5.4.2.1 LAMEA Specialty Stores Market by Country
5.4.2.2 LAMEA Hypermarkets/Supermarkets Market by Country
5.4.2.3 LAMEA Online Retail Market by Country
5.4.3 LAMEA Spring Water Market by Country
5.4.3.1 Brazil Spring Water Market
5.4.3.1.1 Brazil Spring Water Market by Packaging Type
5.4.3.1.2 Brazil Spring Water Market by Distribution Channel
5.4.3.2 Argentina Spring Water Market
5.4.3.2.1 Argentina Spring Water Market by Packaging Type
5.4.3.2.2 Argentina Spring Water Market by Distribution Channel
5.4.3.3 UAE Spring Water Market
5.4.3.3.1 UAE Spring Water Market by Packaging Type
5.4.3.3.2 UAE Spring Water Market by Distribution Channel
5.4.3.4 Saudi Arabia Spring Water Market
5.4.3.4.1 Saudi Arabia Spring Water Market by Packaging Type
5.4.3.4.2 Saudi Arabia Spring Water Market by Distribution Channel
5.4.3.5 South Africa Spring Water Market
5.4.3.5.1 South Africa Spring Water Market by Packaging Type
5.4.3.5.2 South Africa Spring Water Market by Distribution Channel
5.4.3.6 Nigeria Spring Water Market
5.4.3.6.1 Nigeria Spring Water Market by Packaging Type
5.4.3.6.2 Nigeria Spring Water Market by Distribution Channel
5.4.3.7 Rest of LAMEA Spring Water Market
5.4.3.7.1 Rest of LAMEA Spring Water Market by Packaging Type
5.4.3.7.2 Rest of LAMEA Spring Water Market by Distribution Channel
Chapter 6. Company Profiles
6.1 PepsiCo, Inc.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.1.5 Recent strategies and developments:
6.1.5.1 Partnerships, Collaborations, and Agreements:
6.2 Nestle S.A.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expenses
6.2.5 Recent strategies and developments:
6.2.5.1 Acquisition and Mergers:
6.3 Tata Consumer Products Limited (Tata Group)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expenses
6.3.5 Recent strategies and developments:
6.3.5.1 Product Launches and Product Expansions:
6.4 The Coca-Cola Company
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.5 Mountain Valley Spring Company, LLC (Primo Water Corporation)
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Regional Analysis
6.6 Keurig Dr Pepper Inc
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expenses
6.7 Orient Beverages Limited
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental Analysis
6.8 TEN Spring Water
6.8.1 Company Overview
6.9 3 Springs Water Company LLC
6.9.1 Company Overview
6.10. Gerolsteiner Brunnen GmbH & Co KG
6.10.1 Company Overview
Companies Mentioned
- PepsiCo, Inc.
- Nestle S.A.
- Tata Consumer Products Limited (Tata Group)
- The Coca-Cola Company
- Mountain Valley Spring Company, LLC (Primo Water Corporation)
- Keurig Dr Pepper Inc
- Orient Beverages Limited
- TEN Spring Water
- 3 Springs Water Company LLC
- Gerolsteiner Brunnen GmbH & Co KG
Methodology
LOADING...
