๐๐๐๐จ๐ซ๐๐ข๐ง๐ ๐ญ๐จ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐ซ๐ข๐ง๐ ๐๐๐ญ๐๐ซ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ ๐๐ง๐๐ซ๐๐ญ๐๐ $๐๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐, ๐๐ง๐ ๐ข๐ฌ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐๐๐ก $๐๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ฐ๐ข๐ญ๐ง๐๐ฌ๐ฌ๐ข๐ง๐ ๐ ๐๐๐๐ ๐จ๐ ๐.๐% ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.ย Concerns about several health difficulties caused by contaminated water, such as neurological disorders, reproductive troubles, and gastrointestinal illness, have raised global demand for hygienic and pure spring water
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Increase in awareness of waterborne diseases like typhoid, diarrhea, and food poisoning, rise in concern about numerous health-related concerns, such as gastrointestinal ailments, neurological disorders, and reproductive problems, increase in urban population, surge in disposable income, rise in living standards, and the advent of eco-friendly container materials drive the global spring water market.
Regional Outlook:
By region, Europe accounted for the highest share in 2021, holding more than two-fifths of the global spring water market revenue, and is projected to rule the roost by 2031. The segment’s growth is due to high demand for items in Germany and France. Growing public awareness of the advantages of spring water has opened up new opportunities for regional makers and retailers. Moreover, Asia-Pacific region would portray fastest CAGR of 9.3% during the forecast period, owing to rise in demand for spring water due to factors such as rise in health awareness, rapid urbanization and changing lifestyles.
Leading Key Players
- Nestle S.A.
- Ten Spring Water
- Mountain Valley Spring Water
- CG Roxane, LLC
- Orient Beverages Pvt. Ltd.
- 3 Spring Water
- Coca-Cola
- Danone
- Pepsico, Inc.
- Tata Consumer Products Limited
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Rise in environmental pollution caused by spring water plastic bottles and a lack of awareness about health issues caused by low-cost tap water are expected to be major limiting factors for the spring water market. Moreover, spring water is expensive when compared to other drinks, which may restrict the Spring Water Market Growth.
Key Findings of the Study
- By packaging type, the bottled segment emerged as the global leader in 2021 and canned segment is anticipated to be the fastest growing segment during the forecast period.
- By distribution channel, the specialty stores segment emerged as the global leader in 2021 and hypermarkets/supermarkets appliances segment is anticipated to show the fastest growth in the upcoming years.
- By region, the Europe market registered the highest market share in 2021 and Asia-Pacific is anticipated to show the fastest growth during the forecast period.
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Based on packaging type, the bottled segment garnered the highest share in 2021, holding more than three-fourths of the global spring water market revenue, and is expected to retain its dominance by 2031. When large amounts of spring water are collected by a tanker truck and transported to a bottling factory, there is a risk of contamination. To ensure the purity of the bottled water, it must be filtered and treated. Bottle spring water right from the source for safer water.
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