LAMEA Still Bottled Water Market

LAMEA Still Bottled Water Market Size, Share & Trends Analysis Report By Bottle Type, By Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Grocery Stores, Online, and Others), By Size, By Country and Growth Forecast, 2024 - 2031

Report Id: KBV-23298 Publication Date: June-2024 Number of Pages: 147
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Market Report Description

The Latin America, Middle East and Africa Still Bottled Water Market would witness market growth of 7.6% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 6,800.90 million units (1 Litre), showcasing a growth of 8.9% (2024-2031).

Still bottled water sales in convenience stores have experienced steady growth in recent years, driven by several factors. Convenience stores serve as convenient locations for consumers to purchase on-the-go beverages, including bottled water, due to their accessibility, extended hours, and often central locations in urban and suburban areas. Thus, the Saudi Arabia market would sale 205.93 million units (1 Litre) of still bottled water by convenience stores by 2031.

LAMEA Still Bottled Water Market

The Brazil market dominated the LAMEA Still Bottled Water Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $8,074.5 million by 2031.The Argentina market is showcasing a CAGR of 8.5% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 7.3% during (2024 - 2031).

Still bottled water products are successful due to the impact of their branding and marketing strategies. In order to distinguish their products in a market that is exceedingly competitive, organizations allocate substantial resources to advertising and promotional initiatives.

Moreover, branding efforts often focus on the purity and quality of the water, its source, and the brand's commitment to health and wellness. Celebrity endorsements, sports sponsorships, and partnerships with fitness and wellness influencers are common tactics used to enhance brand visibility and appeal to target demographics.

With its rapidly growing tourism sector, the Middle East sees a high demand for bottled water. In the United Arab Emirates, particularly in cities like Dubai and Abu Dhabi, the hot climate makes hydration crucial for residents and visitors. Bottled water is widely consumed by tourists, not only for its safety but also for its convenience in a region where high temperatures necessitate frequent hydration. According to the Government of Dubai, the nation received 17.15 million international visitors in 2023.

Free Valuable Insights: The Worldwide Still Bottled Water Market is Projected to reach USD 388.4 Billion by 2031, at a CAGR of 5.3%

Based on Bottle Type, the market is segmented into PET, and Glass. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Grocery Stores, Online, and Others. Based on Size, the market is segmented into 0.5 Liters to 1.0 Liters, More than 1.5 Liters, Up to 0.5 Liters, and 1.0 Liters to 1.5 Liters. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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List of Key Companies Profiled

  • PepsiCo, Inc.
  • Nestle S.A.
  • Danone S.A.
  • The Coca-Cola Company
  • Nongfu Spring Co., Ltd.
  • Mountain Valley Spring Company, LLC (Primo Water Corporation)
  • Gerolsteiner Brunnen GmbH & Co KG
  • VOSS of Norway AS (Reignwood Group)
  • National Beverage Corporation (IBS Partners, Ltd.)

LAMEA Still Bottled Water Market Report Segmentation

By Bottle Type (Volume, Million Units (1 Litre), USD Billion, 2020-2031)

  • PET
  • Glass

By Distribution Channel (Volume, Million Units (1 Litre), USD Billion, 2020-2031)

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Grocery Stores
  • Online
  • Others

By Size (Volume, Million Units (1 Litre), USD Billion, 2020-2031)

  • 5 Liters to 1.0 Liters
  • More than 1.5 Liters
  • Up to 0.5 Liters
  • 0 Liters to 1.5 Liters

By Country (Volume, Million Units (1 Litre), USD Billion, 2020-2031)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
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