Asia Pacific Bottled Water Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Sparkling and Still), Category (Functional and Conventional), Flavor (Plain and Flavored), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)

The Asia Pacific bottled water market is expected to grow from US$ 74.56 billion by 2022 to US$ 110.45 billion by 2028. It is estimated to grow at a CAGR of 6.8% from 2022 to 2028.  

There is an increased emphasis on developing eco-friendly and recyclable packaging solutions for bottled water. For instance, the Coca-Cola Company focuses on increasing recycling rates and driving a more circular economy by incorporating it into its packaging. The company is constantly evolving its packaging to reduce its environmental impact by increasing the use of recycled plastic, which has a smaller carbon footprint than PET and single-use plastic. Additionally, in October 2021, Coca-Cola collaborated with tech partners to create a bottle prototype from 100% plant-based sources. RHODIUS Mineralquellen is also taking a big step toward more sustainability. According to the news released in March 2022, from now on, all the company's PET bottles will be made of 75% recycled PET.

Danone also aims to make its packaging 100% circular. The company has ongoing initiatives to implement eco-design principles for packaging. Evian's pilot program focuses on eliminating nonrecyclable shrink film by using specially designed adhesive and tape handles to keep water bottles together. Therefore, the trend of eco-friendly bottled water packaging is expected to impact the APAC market during the forecast period positively.

 Asia Pacific Bottled Water Market Revenue and Forecast to 2028 (US$ Billion)  

Asia Pacific Bottled Water Market Segmentation           

The Asia Pacific bottled water market is segmented on the basis of type, flavor, category, distribution channel, and country. Based on type, the market is bifurcated into sparkling and still. In 2022, the still segment held the largest market share.

Based on category, the market is bifurcated into functional and conventional. In 2022, the conventional segment held a larger market share. Based on flavor, the market is bifurcated into plain and flavored. In 2022, the plain segment held the largest market share.

Based on distribution channel, the market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. In 2022, the convenience stores segment held the largest market share.

Based on country, the regional market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China has contributed a substantial share in 2022.

Danone S.A.; FiJI Water Company LLC; Nongfu Spring; Gerolsteiner Brunnen Gmbh And Co.Kg; Nestle S.A.; PepsiCo, Inc.; the Coca-Cola Company; and Voss of Norway AS are the leading companies operating in the Asia Pacific bottled water market.

1. Danone S.A.
2. FiJI Water Company LLC.
3. Gerolsteiner Brunnen Gmbh And Co.Kg.
4. Nestle S.A.
5. Nongfu Spring- APAC.
6. PepsiCO,Inc.
7. The Coca-Cola Company.
8. Voss of Norway AS.

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