Bottled water is water for drinking that has been conveniently sealed in glass or plastic bottles. Its diverse origins influence its taste and mineral richness while providing you with instant thirst relief. Bottled water can be obtained from natural springs, wells, and municipal supplies, which are frequently processed further. Particularly, spring water rises naturally to the surface from below, whereas well water draws its water from aquifers. There are various types of bottled water available, regardless of its source. Strict criteria for purity and mineral content are met by spring water as it is directly bottled from the source. The naturally existing minerals in mineral water have an impact on its flavor and may even have health advantages. The term "mineral water" does not apply to all bottled water.
United Kingdom Bottled Water Market Driving Factors and Challenges
Driving Factors- The growing consumer consciousness of health and wellness is one of the primary factors propelling the bottled water industry. People are being pushed by this trend to choose healthier beverage options, such as bottled water instead of cola drinks or other soft drinks that has been cleansed and ultra purified. In addition, vacationers, working professionals, and households are becoming more and more in favor of nutrient fortified water. These elements are predicted to keep propelling the sector in the upcoming years and are helping to expand the market for bottled water.
Challenges- Tap water, which is frequently accessible for free or at a reduced cost in many places, poses a threat to bottled water despite its perceived safety and convenience, People still choose its cheaper alternative. To guarantee safe drinking water, government organizations oversee public drinking water systems and subject them to quality testing and treatment procedures. The bottled water industry faces a problem in promoting tap water as a sustainable and economical substitute for bottled water, especially in areas where consumer confidence is high and tap water quality satisfies regulatory standards.
Impact of COVID-19 on United Kingdom Bottled Water Market
The UK market for bottled water was greatly affected by the COVID-19 outbreak. Sales decreased as a result of lockdowns and social distancing measures that decreased consumption while on the go. Still, this drop was somewhat countered by rising home consumption and storing habits. Notable were changes in consumer behavior toward larger pack sizes and multipacks as well as interruptions in the supply chain. Furthermore, increased demand for high-quality and useful water products was fueled by increased health consciousness, which helped to moderate market volatility in the face of general economic instability.
United Kingdom Bottled Water Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as Buxton, Crag Spring Water, DANONE, FIJI Water Company LLC, Highland Spring, Hildon, Primo Water Corporation, The Coca-Cola Company, and VOSS WATER, Others.
United Kingdom Bottled Water Market Segmentation:
By Product: Based on the Product, United Kingdom Bottled Water Market is segmented as; Spring Water, Mineral Water, Sparkling Water.
By Packaging: Based on the Packaging, United Kingdom Bottled Water Market is segmented as; PET, Cans.
By Distribution Channel: Based on the Distribution Channel, United Kingdom Bottled Water Market is segmented as; On Trade, Off Trade.
By Region: This research also includes data for London, East Anglia, Southwest, Southeast, Scotland, East Midlands, Yorkshire and Hamberside
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.