United Kingdom Bottled Water Market is likely to Reach over USD 12.59 billion with a 4.71% CAGR Annualized Growth Rate by 2033: SPER Market Research
Water that has been bottled is fit for human consumption and comes in glass or plastic bottles. Springs, wells, and municipal supplies are just a few of the places it can come from. There are various varieties of bottled water, including still, sparkling, mineral, and purified varieties, all of which go through a certain processing procedure to comply with legal requirements. Due to its portability, apparent purity, and ease of use, it is extensively eaten. Labeling regulations that specify the source and treatment procedures of the water are part of the industry regulation aimed at ensuring safety and quality. From single-serve bottles to bigger containers for use at home or the office, bottled water is available in a variety of sizes.
According to SPER Market Research, ‘United Kingdom Bottled Water Market Size- By Product, By Packaging, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the United Kingdom Bottled Water Market is estimated to reach USD 12.59 billion by 2033 with a CAGR of 4.71%.
Convenience and health concerns drive the UK market for bottled water. Customers see bottled water as a pure and hydrating option due to rising health consciousness and busy lifestyles that encourage its portability. Economic reasons also come into play; some people are able to move away from tap water due to increased disposable income. However, concerns about the environment are impeding this expansion. The industry is under pressure to implement sustainable practices, like refillable choices, in order to maintain consumer favor by raising public awareness of plastic waste.
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The influence of bottled products on the environment is one of the major challenges. Plastic bottles are a big concern for sustainability and add to the plastic pollution problem. Consumers and advocacy groups are actively looking for methods to cut back on their use of plastic and are advocating for more environmentally friendly packaging options. Plastic bottles still wind up as litter or in landfills in the UK, despite efforts to increase recycling rates. The difficulty is in developing infrastructure and recycling programs that are effective enough to handle the amount of plastic garbage produced. Furthermore, it is imperative to inform customers about the significance of recycling and motivate them to make sustainable decisions.
The COVID-19 epidemic had a major impact on the UK bottled water business. Lockdowns and other social distancing tactics reduced consumption when people were on the go, which in turn reduced sales. Still, increasing home consumption and storage practices largely offset this decline. Notable were disruptions in the supply chain and shifts in customer behavior toward multipacks and higher pack sizes. Additionally, growing health consciousness stimulated demand for practical and high-quality water products, which helped to attenuate market volatility in the face of broader economic turbulence.
In the UK, London has the largest market share for bottled water. This is brought on by its sizable population, a huge volume of tourists, and a stronger propensity for consumption while traveling. Major players in the market are:
- Buxton
- Crag Spring Water
- DANONE
- FIJI Water Company LLC
- Highland Spring
- Hildon
- Primo Water Corporation
- The Coca-Cola Company
- VOSS WATER
United Kingdom Bottled Water Market Segments:
By Product:
- Spring Water
- Mineral Water
- Sparkling Water
By Packaging:
- PET
- Cans
By Distribution Channel:
- On Trade
- Off Trade
For More Information, refer to below link –
UK Bottled Water Market Grpwth
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