India Bottled Water Market (2024-2030) | Value, Companies, Forecast, Size, Trends, Share, Industry, Analysis, Growth, Outlook & Revenue

Market Forecast By Quality (Premium, Non-Premium), By Type (Still Water, Spring Water, Sparkling Water, Purified Water, Mineral Water), By Product (Still Bottle Water, Packaged Drinking Water, Functional Water Bottle, Flavored Bottled Water, Distilled Bottled Water, arbonated Bottle Water), By Material (Polyethylene Terephthalate (PET), Glass), By Purchasing Sources (Supermarket/Hypermarket, Online Retail Stores, Grocery Stores, Food Serving Places, E-retailers, Clubs, Home and Office Delivery, Others), By Pack Size (1501 ml and above, 1001 ml - 1500 ml, 501 ml - 1000 ml, 331 ml - 500ml, 330 ml), By End-user Packaging (Plastic Bottle, Glass Bottle, Drum (Bulk), Can) And Competitive Landscape

Product Code: ETC015584 Publication Date: Aug 2023 Updated Date: May 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Bottled Water Market Competition 2023

India Bottled Water market currently, in 2023, has witnessed an HHI of 1761, Which has increased slightly as compared to the HHI of 1405 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

India Export Potential Assessment For Bottled Water Market (Values in USD Thousand)

India Bottled Water Market Synopsis

The India bottled water market is projected to grow at a CAGR of 8.3% during the forecast period (2020?2026). The increasing demand for packaged drinking water across different industries such as hospitality, education, healthcare, and others has spurred the growth of the bottled water industry in India. Moreover, changing lifestyle coupled with rising disposable income are also contributing to the rapid expansion of this market in India. Further, increasing concerns about health & hygiene have encouraged people towards consuming packaged drinking water which is expected to drive the overall market revenue during the forecast period (2020-2026).

Drivers of the Market:

1) Increasing Demand from End-User Industries: The growing demand for convenience food products among consumers has increased significantly over recent years owing to urbanization and rising disposable incomes of individuals. In addition, growing awareness among people regarding safety and health benefits associated with packaged drinking water has also propelled this markets? growth significantly in recent times. This is further bolstered by an increase in consumption level across various end user industries such as hospitality sector, corporate offices & educational institutions etc., thereby driving up sales volume for bottled beverages industry in general and specifically that of bottled waters globally including India too.

2) Innovative Packaging Solutions: Innovative packaging solutions like PET bottles used by various players offering bottled waters have been instrumental in driving up sales volumes due to its light weight nature compared against glass bottles besides being convenient for carrying around while travelling or any other recreational activities thus resulting into boost for Indian Bottled Water Market . Moreover , easy availability at retail stores via vending machines as well as ecommerce websites along with attractive pricing strategies adopted by several major players operating within Indian market landscape would continue fueling its demand throughout forecast period .

Challenges of the Market:

1) Stringent Government Regulations : Due to evolving environmental regulations , there exists stringent government rules on plastic bottle production affecting cost dynamics negatively impacting profitability margins slightly especially when it comes to large scale manufacturers competing amongst each other through price wars while trying remain competitive . Besides , there exist certain labeling requirements related food items which could be complex process leading small scale operators out business if they fail comply with same .

2 ) Presence Unorganized Players : Low entry barriers have resulted emergence significant number unorganized player going undetected regulatory bodies making difficult tackle them effectively while they compete major players aggressively price wise mostly without adhering standards laid down authorities consequently tarnishing reputation brands established ones hard earned over years due contamination issues created could make

Key Highlights of the Report:

Frequently Asked Questions About the Market Study (FAQs):

Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com