You are currently viewing Latin America Bottled Water Market to Propel Significantly During 2023-2028 Due to Burgeoning Demand for Clean Drinking Water of the Rising Population

Latin America Bottled Water Market to Propel Significantly During 2023-2028 Due to Burgeoning Demand for Clean Drinking Water of the Rising Population

El nuevo estudio de Informes de Expertos titulado ‘Mercado de Agua Embotellada en América Latina, Informe y Pronóstico 2023-2028′, ofrece un estudio en profundidad de los factores que configuran positivamente las perspectivas del mercado y examina los aspectos basados en tipo, aplicación, y las regiones clave. El informe analiza además las limitaciones y la rivalidad que plantea el mercado, basándose en los modelos de las cinco fuerzas de Porter, junto con el análisis SWOT. Además, se observa el mercado en términos de tendencias últimas y futuras y su impacto en el algoritmo. El estudio se encarga de la investigación en profundidad, que abarca los indicadores de precios y los actores del mercado, demostrando los impactos en la dinámica y el panorama del mercado.

The new report by Informes de Expertos titled, ‘Latin America Bottled Water Market 2023-2028’ , offers an in-depth survey of the factors positively shaping the market outlook and examines the aspects based on type, application, and key regions. The report further analyses the limitations and rivalry posed in the market, based on Porter’s Five Forces models, along with SWOT analysis. Furthermore, the market is observed in terms of latest and future trends and their impact on the algorithm. The study is responsible for the in-depth research, encompassing the price indicators and market players, by demonstrating the impacts on market dynamics and landscape.

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Los aspectos más destacados del informe son:

Visión General del Mercado (2018-2028)

• CAGR del Periodo de Pronóstico (2023-2028): 4,50%

El mercado del agua embotellada en América Latina está impulsado por varios factores, como el aumento de la población y la creciente demanda, que han hecho que el tamaño del mercado alcance un valor de USD 24,57 millones en 2022. La población de América Latina crece a un ritmo constante y, con ella, la demanda de agua embotellada. A medida que las economías de los países latinoamericanos siguen creciendo, también lo hace la renta disponible de los consumidores. Esto ha provocado un aumento de la demanda de bienes de consumo envasados, incluida el agua embotellada. Los consumidores latinoamericanos son cada vez más conscientes de las marcas y están más dispuestos a pagar más por marcas conocidas y de alta calidad.

El cambio climático está teniendo un impacto significativo en la disponibilidad de agua en América Latina, especialmente en las regiones áridas y semiáridas. Como consecuencia, muchas personas recurren al agua embotellada como fuente más fiable de agua limpia. A medida que la gente es más consciente de los beneficios para la salud y la higiene de beber agua limpia, aumenta la demanda de agua embotellada. Además, la urbanización, junto con las políticas y normativas gubernamentales, están impulsando la demanda de agua embotellada en América Latina, ya que cada vez más personas se trasladan de las zonas rurales a las ciudades, donde el acceso al agua potable suele ser limitado, y los gobiernos de América Latina están aplicando políticas y normativas para promover la industria del agua embotellada.

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Industry Definition and Major Segments

Bottled water is packaged in plastic or glass bottles and sold for consumption. The water can come from various sources, including springs, wells, or municipal water systems, and is usually treated to remove impurities and bacteria. Bottled water is available in various sizes and packaging options, including small, single-serve bottles and larger, multi-gallon containers. It is a widely consumed drink around the world and can be found in various places such as supermarkets, convenience stores, vending machines, and also in some restaurants and hotels.

By type, the bottled water market is segmented into:

• Spring Water
• Purified Water
• Mineral Water
• Distilled Water
• Sparkling Water
• Others

On the basis of distribution channels, the industry is classified into:

• Supermarkets and Hypermarkets
• Convenience Stores
• Home and Office Delivery
• On Trade Channels
• Others

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Others

Market Trends

Consumers in Latin America are becoming more health-conscious and are willing to pay a premium for high-quality, premium water. This trend has led to an increase in the number of premium water brands in the region. Consumers are also becoming more environmentally conscious and are looking for products that are sustainable and eco-friendly. This trend has led to an increased demand for water in recyclable or biodegradable bottles. It has led to private label bottled water brands to gain popular in Latin America as they offer a more affordable alternative to premium brands.

There is increased focus on convenience in Latin America, consumers are looking for more convenient packaging options, such as smaller, single-serve bottles, and resealable caps. There is also a growing demand for functional water and purified water. Companies are using social media and e-commerce platforms to reach consumers and promote their products. Moreover, companies are expanding their reach in rural areas of Latin America, where access to clean water is often limited.

Key Market Players

The major players in the market are:

• Nestlé SA
• The Coca-Cola Company
• Danone S.A.
• PepsiCo
• Sidel
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us:

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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