Bottled Water Market: Global / Europe / Austria

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Bottled Water Market: Global / Europe / Austria

According to forecasts, the size of the European bottled water market is expected to grow from €64.52 billion in 2023 to €77.45 billion in 2028. This would mean an annual growth rate of 3.73% during the forecast period (2023-2028). Globally, the annual growth is estimated to be even higher at 6.14% during the forecast period (2024-2029). This would result in a market size of up to €416.25 billion in 2029. Therefore, the bottled water market, along with energy drinks, is certainly one of the most lucrative within the beverage industry due to its increasing growth rates.

 

The global demand for bottled water has increased significantly in recent years and is projected to continue to do so. According to the United Nations report, the bottled water industry grew by 73% between 2010 and 2020. Additionally, it is expected that revenue will nearly double from $270 billion to $500 billion by 2030.

 

  Market volume 2023 ($) Market volume 2028 ($) Annual growth rate (%)
Global market 316.76 billion 426.70 billion 6.14
EU Market 70.20 billion 84.30 billion 3.73

 

 

Austrian market

After a pandemic-induced downturn in 2020, natural mineral water in Austria is gaining popularity again. In 2022, a market volume of 724 million liters of bottled water was reached.

 

Austrian citizens had an annual per capita consumption of approximately 84 liters of mineral water in 2022.

BOMB YOUR THIRST

NOT THE PLANET

 

 

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