Sparkling Bottled Water Market

SPARKLING BOTTLED WATER MARKET REPORT OVERVIEW

The global Sparkling Bottled Water Market size was USD 1653.17 million in 2024 and the market is projected to touch USD 2243.66 million by 2031, exhibiting a CAGR of 4.4% during the forecast period.

The sparkling bottled water market has experienced significant growth in recent years, reflecting consumer preferences for healthier and more exciting beverage options. Sparkling water, infused with carbon dioxide for effervescence, has become a popular choice due to its refreshing qualities and zero-calorie appeal. With increasing awareness of the importance of hydration and a shift towards healthier lifestyles, the market has witnessed a surge in demand for sparkling bottled water. Various flavors and innovative formulations have further diversified the market, catering to diverse consumer tastes. This trend is expected to continue, driven by a global inclination towards healthier beverage alternatives.

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The COVID-19 pandemic has negatively impacted the sparkling bottled water market as lockdowns, economic uncertainties, and changes in consumer behavior have disrupted the industry. With widespread closures of restaurants, cafes, and entertainment venues, a significant portion of sparkling water sales, typically associated with on-premise consumption, plummeted. Supply chain disruptions and logistical challenges also affected production and distribution. Consumer spending patterns shifted towards essential goods, impacting the premium nature of sparkling water. Additionally, the economic downturn led to price sensitivity, influencing purchasing decisions. While the market is expected to recover, the initial impact underscored the vulnerability of non-essential beverage sectors during times of crisis.

"Leveraging Edge Computing Integration in Sparkling Bottled Water to Propel Market Growth"

The latest trend in the sparkling bottled water market is the rising popularity of functional and infused varieties. Consumers are increasingly seeking sparkling waters enhanced with natural flavors, vitamins, minerals, and adaptogens for added health benefits. Brands are innovating with unique flavor profiles, incorporating botanical extracts, and experimenting with exotic fruits to cater to diverse tastes. Moreover, sustainability is a growing focus, with eco-friendly packaging options gaining traction. Sparkling water with natural sweeteners or no sweeteners at all is gaining preference among health-conscious consumers. This trend aligns with the overall shift towards healthier and more environmentally conscious beverage choices in the market.

SPARKLING BOTTLED WATER MARKET SEGMENTATION

By Type

Based on type the market can be categorized into Below 1L, Above 1L.

• Below 1L: The Sparkling Bottled Water Market can be categorized based on volume into Below 1L segment. This segment typically includes bottles with a capacity of less than 1 liter, catering to consumers who prefer smaller-sized sparkling water options for convenience and portability.
• Above 1L: This category includes bottles with a capacity greater than 1 liter, targeting consumers who prefer larger-sized sparkling water options, often suitable for sharing or extended consumption periods.

By Application

Based on application the market can be categorized into Orange Flavor, Raspberry Flavor, Lemon Flavor, & Others.

• Orange Flavor: The Sparkling Bottled Water Market can be categorized into the Orange Flavor segment. This category includes sparkling bottled water products that are infused with orange flavor, providing consumers with a refreshing and citrusy beverage option. The orange flavor variant appeals to those seeking a fruity and enjoyable drinking experience.
• Raspberry Flavor: Within the Sparkling Bottled Water Market, the Raspberry Flavor segment represents products infused with the delightful taste of raspberries. This category caters to consumers who seek a sparkling water option with a fruity twist, offering a refreshing and slightly sweet beverage experience. The raspberry flavor variant appeals to those looking for a distinctive and enjoyable taste.
• Lemon Flavor: In the Sparkling Bottled Water Market, the Lemon Flavor segment features products infused with the zesty and citrusy taste of lemons. This category caters to consumers seeking a sparkling water option with a refreshing and tangy profile. The lemon flavor variant appeals to those who enjoy a crisp and invigorating beverage experience, providing a burst of citrus notes.

"Health and Wellness Craze to Propel the Market Growth"

The increasing emphasis on health and wellness is a pivotal factor propelling the growth of the sparkling bottled water market growth. Consumers are opting for healthier beverage alternatives, with sparkling water offering a refreshing and hydrating option devoid of added sugars or artificial ingredients. This trend aligns with the global shift towards a healthier lifestyle, as individuals seek low-calorie and zero-calorie options. The perception of sparkling water as a healthier alternative to sugary sodas has driven its popularity, and the market continues to capitalize on this health-conscious consumer mindset.

" Flavor Innovation and Premiumization to Drive the Market Growth"

Another key driver in the sparkling bottled water market is the relentless pursuit of flavor innovation and premiumization. Brands are constantly introducing unique and exotic flavor profiles, appealing to diverse consumer preferences and creating a more enjoyable drinking experience. From infused botanicals to natural fruit essences, the market is witnessing a surge in creative formulations. Premium packaging, coupled with high-quality ingredients, positions sparkling water as a sophisticated and upscale beverage choice. This focus on elevating the consumer experience through innovative flavors and premium offerings is fostering sustained growth and consumer loyalty in the sparkling bottled water sector.

"Environmental Concerns Pose Potential Impediments to the Market Growth"

A significant restraining factor in the sparkling bottled water market is the growing environmental consciousness impacting consumer choices. The widespread use of single-use plastic bottles in the packaging of sparkling water has raised concerns about plastic pollution and environmental sustainability. Increased awareness of the environmental impact has led consumers to seek alternatives, such as reusable bottles and sustainable packaging options. Additionally, the carbon footprint associated with the production and transportation of bottled water contributes to its environmental drawbacks. As eco-friendly initiatives gain prominence, the industry faces the challenge of aligning with sustainable practices to address and mitigate these environmental concerns.

SPARKLING BOTTLED WATER MARKET REGIONAL INSIGHTS

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

"Asia Pacific to Dominate the Market due to Urbanization Trends"

The Asia Pacific region is poised to play a dominant role in the sparkling bottled water market share, driven by shifting consumer preferences, rising disposable incomes, and urbanization trends. In countries like China and India, there is a growing demand for healthier beverage options, with sparkling water gaining popularity as a refreshing and low-calorie alternative. The region's expanding middle class is increasingly health-conscious, fueling the demand for premium and flavored sparkling waters. Moreover, the robust presence of key market players, coupled with strategic marketing initiatives, positions Asia Pacific as a significant growth hub for the sparkling bottled water industry in the coming years.

"Key Players Transforming the Sparkling Bottled Water Landscape through Innovation and Global Strategy"

Key players in the sparkling bottled water market wield significant influence through strategic innovations, marketing, and distribution networks. Their role involves driving product diversification, introducing unique flavors, and promoting sustainable practices to meet evolving consumer preferences. Strong brand presence and effective market penetration contribute to shaping industry trends and fostering market growth.

• Nestle (Switzerland)
• Schweppes Club Soda (U.S)
• Q Club Soda (Brooklyn)

March,2021: Evian's announcement to become a circular brand and to create all of its plastic bottles from 100% recycled materials (rPET) by that point. This is part of their goal to accelerate the shift from a linear to a circular economy of sustainable packaging. This expansion showcases Evian's commitment to sustainability and environmental responsibility in the sparkling bottled water market.

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.