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Report ID: UCMIG30G2035
Report ID:
UCMIG30G2035 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The packaged water market has exhibited significant growth, with its value surging from USD 255.7 billion in 2016 to a projected USD 470.0 billion by 2025. This impressive expansion can be attributed to the convergence of two pivotal factors: the heightened emphasis on health awareness and the concurrent rise in disposable income levels. The increasing global consciousness surrounding health has spurred a substantial shift towards healthier beverage options, prompting a surge in the demand for packaged water. Simultaneously, the parallel growth of disposable income has empowered consumers to make more health-conscious choices, further propelling the packaged water market's upward trajectory. As these trends continue to intersect and synergize, the market is poised to witness sustained growth, reshaping consumer preferences and industry dynamics alike.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Soft Drinks by segment aggregation, the contribution of the Soft Drinks in Food, Beverage & Tobacco and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG30G2035