Global Sparkling Bottled Water Market: Overview
The global market for sparkling bottled water is projected to witness a progressive growth in the next few years, thanks to the introduction of innovative and new flavors. The expansion of the distribution networks and channels and the emergence of the zero-calorie variant are estimated to fuel the growth of the global market in the coming years. According to the research report, this market is likely to register a healthy growth rate in the near future.
The research study has provided a detailed analysis of the global sparkling bottled water market. The segmentation, product portfolio, technological developments, and the regional segments have been included in the report. In addition, a thorough overview of the competitive landscape has been presented in the research study to offer a strong understanding of the market.
Global Sparkling Bottled Water Market: Drivers and Restraints
The growing demand for sparkling bottled water among the health-conscious population and the rising inclination of consumers as a healthy alternative for carbonated beverages are some of the major factors estimated to encourage the growth of the global market in the forecast period. In addition, the increasing number of cases of obesity, especially among children is likely to accelerate the growth of the overall market in the coming years. Furthermore, the introduction of new flavors of sparkling bottled water is estimated to contribute significantly towards the development of the market.
On the other hand, the high cost of sparkling bottled water in comparison with other carbonated beverages is expected to restrict the growth of the global market in the forecast period. Nevertheless, the notable efforts being taken by leading players to make sparkling bottled water easily available is anticipated to encourage the growth of the overall market in the coming years.
Global Sparkling Bottled Water Market: Region-wise Outlook
The global market for sparkling bottled water market has been categorized on the basis of geography to offer a clear understanding of the global market. Among the key segments, North America is likely to lead the global market and hold a large market share in the near future. The increasing awareness among consumers regarding the health benefits of consuming sparkling bottled water and the increasing consciousness regarding a healthy lifestyle are some of the factors projected to accelerate the growth of the sparkling bottled water market in North America.
Furthermore, the key players operating in the market are emphasizing on marketing tactics and advertising campaigns in order to attract a large number of consumers are predicted to supplement the growth of the sparkling bottled water market across North America. The growth rate and the market share of each segment have been included in the scope of the research study, along with key factors that are encouraging the growth of these segments.
Key Players Mentioned in the Research Report are:
The sparkling bottled water market across the globe is categorized by a high level of competition, thanks to the presence of a large number of players operating in it. The untapped opportunities in several emerging economies are encouraging new players to enter the global market in order to expand their horizon and attain a leading position in the market. In addition, the increasing number of mergers and acquisitions in the market is likely to accelerate the growth of the market in the coming years.
Some of the key players operating in the global sparkling bottled water market are Danone, Cott, PepsiCo, Nestlé, A.G. Barr, Coca-Cola, Crystal Geyser, Vintage, Tempo Beverages, Sparkling Ice, Dr. Pepper Snapple, and VOSS of Norway. The research study offers a detailed analysis of the competitive scenario, focusing on the company profiles of the leading players. Moreover, the financial overview and the business policies of these players have been highlighted in the scope of the research report.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.