South America Bottled Water Market

The South America bottled water market size is anticipated to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing bottling capacity owing to rising population.

Water is an essential component for all forms of life on earth, especially for human beings. Bottled water is the water that is consumed solely for the purpose of drinking and comes in packaged bottle and is convenient to carry. Most of the water that is obtained from natural water bodies are polluted and contains various dissolving impurities, viruses, chemicals, and microbiological bacteria. Bottled water is a purified form of water from these natural sources.
Bottled water is drinking water packaged in plastic or glass water bottles. It is available in different types such as well water, distilled water, mineral water, or spring water. Bottled water may be carbonated or not and are available in various sizes ranges from small single serving bottles to large carboys for water coolers.

Bottled water is sealed in a sanitary container, and sold for human consumption. It is often stored as part of an emergency kit in case of natural disaster. Factory containers of water have an indefinite shelf life, as long as they remain unopened and undamaged. The sell-by date is voluntarily and individually set by manufacturers to indicate the life of plastic until its begins to leach into the water.

Market Trends, Drivers, Restraints, and Opportunities

• Rising demand for clean, flavored, and hygienic drinking water is projected to boost the market growth during the forecast period.
• Increasing demand for bottled water with added minerals, vitamins, and antioxidants is anticipated to boost the growth of the market.
• Growing inclination toward bottled water is speculated to positively influence the market growth.
• Portability, easy usage & installation process, and minimal maintenance cost are some of the key factors stimulating the growth of the market.
• Inefficient and absence of water supply management in some of the residential areas are likely to play an important role in fuelling the growth of the bottled water market.
• Rapid expansion of restaurants and increasing food outlets are projected to boost the market during the forecast period.
• The Covid-19 pandemic has transformed the market landscape, restraining the market growth.
• Environmental impact of plastic bottles and stringent government regulations are key factors that can hamper the market growth.
• Increasing R&D investments and ongoing technological advancements on the development of sustainable bottles are projected to offer significant opportunities for the market players during the forecast period.

Scope of the Report

The report on the South America bottled water market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.