Southeast Asia Bottled Water Market - Growth, Trends, and Forecast (2018 - 2023)

SKU ID : INH- 12346777

Publishing Date : 05-May-2018

No. of pages : 100

PRICE
3850
8250

  • Southeast Asia Bottled Water Market Insights

    The Southeast Asia bottled water market is expected to register a CAGR of 12% during the forecast period, 2018 - 2023. Consumers are changing their preferences in buying bottled water, for instance, the purchase of bulk bottled water for home consumption remained a notable trend in 2016 in Philippines.

    Increasing Impact of Tap Water on Consumers – Potential Opportunity for New Entrants

    Changing customer preferences and growing demand for clean and safe drinking water aids the bottled water market in South East Asia to grow exponentially. Rising South East Asian disposable income and rapid industrialization is driving the bottled water market and is gaining a higher sales revenue for the market players.
    The tap water facilities in South East Asia needs more space for improvement. Though the region has abundant water sources, the tap water has many contaminants and pollutants that impacts consumer health. With this increase in health consciousness among consumers and increase in negative impact of tap water, there arises a huge opportunity for the players to enter the bottled water market.

    Still Water Continues to lead the Bottled Water Market, Flavored Water to record Highest CAGR rate during the Forecast Period

    By product type, the bottled water market can be segmented into still, carbonated, flavoured, and functional water. The still water segment was valued at USD 9.35 billion in 2014, while flavored water segment is likely to register highest CAGR of 13.47% during the forecast period, owing to increasing consumer preference towards added nutrients in the water. Indonesia accounts for highest share in the bottled water market in the region, while Vietnam and Malaysia accounted for share of 2.17% and 1.32%.

    Key Developments

    • 2016- The Hexagonal water which claims to create a certain configuration to water that enhances nutrient absorption, removes metabolic wastes, and improves cellular communication is introduced in the Thailand bottled water market.

    Major players - ASIA BREWERY, COCO COLA, DANONE, F & N BEVERAGE MARKETING, NESTLE SA, PEPSICO, SINGHA CORPORATION, SODASTREAM, SPRITZER, VINH HAO MINERAL WATER CORPORATION, among others.

    Reasons to Purchase this Report

    • Analyzing outlook of the market with the recent trends and Porters five forces analysis
    • Market dynamics, which essentially consider the factors, which are impelling the present market scenario, along with growth opportunities of the market in the years to come
    • Market segmentation analysis, including qualitative & quantitative research incorporating the impact of economic & non-economic aspects
    • Regional and Country level analysis integrating the demand and supply forces that are influencing the growth of the market
    • Competitive landscape involving the market share of major players, along with the key strategies adopted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
    • 3-month analyst support, along with the Market Estimate sheet (in excel)

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