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A Report On Bottled Water Market

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FROM LINEAR TO CIRCULAR

I decided write a report on bottled water as it is the fastest growing beverage in the world with no signs of demands for it abating in the near future. According to a new market report published by Transparency Market Research global bottled water market was valued at $157.27 billion in 2013, which is expected to reach $279.65 billion by 2020, growing at a rate of 8.7% from 2014 to 2020. By volume, global bottled water market is expected to grow at a rate of 8.3% during the forecast period from 2014 to 2020 to reach a market size of 465.12 billion litres by 2020. In 2013, volume of the market was 267.91.billion litres. The global bottled water market is dominated by Asia, Europe, Mexico and the US, which account for over 60% of the market value with strong growth in India. Over the past five years alone, bottled water has increased its “share of stomach” of the overall beverage market from 14.4 percent in 2009, to 17.8 percent in 2014. It is predicted that by 2016 bottled water will be the number one packaged beverage sold in the United States. The demand is down to rising concern for health and wellbeing and also clever marketing campaigns and bottle designs.

With this sustained demand for bottled water it is imperative that the production process for bottled water should be modeled on the circular economy to ensure that the materials and resources required for the production be re-used and replenished. Bottled water is produced by taking water
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