The European Bottled Water Market is projected to register a CAGR of 3.71% during the forecast period 2020-2025.
Europe's bottled water market is escalated by increasing sales in sparkling and still water category in both off-trade and on-trade channels. Increasing consumer concerns, regarding consumption of contaminated tap water is also one of the prime factor contributing towards the market for bottled water in Europe.
The convenience of handling and mobility of the bottles are other factors driving the market. PET bottles are the most used type of packaging in the bottled water industry.
Germany, Italy, and Spain are the major bottled water markets in Europe. The growing concerns toward the pollution caused by plastic are forcing the players to shift toward environment-friendly packaging.
Key Market Trends
Premiumization with the Growth of Fortified and Flavored Water
Premium bottled water is showing strong value growth across Europe, especially in Western Europe, wherein premium bottled waters have distinctly established themselves from the mainstream by setting up a unique selling point, attracting a target group of high-income consumers and commanding a higher value than the mainstream market. The purity of the water is often highlighted as a unique selling proposition by the market players, while some brands add functionality, which boosts the value.
The value of the functional water market in Europe grew by 5.4% in 2019, compared to that in 2018, thereby reflecting a sharp rise in the market demand. Additionally, the branding, positioning, and packaging of the product, such as glass packaging, are also helping manufacturers to create a more premium image. Thus, with the rapid premiumization and growth of fortified and flavored water, the bottled water market is expected to grow.
Germany is the Largest Market in Europe Bottled Water Market
Sparkled water dominates the Germany bottled water market. The growth rates of the segments are quite low, as the markets are well-established. The market for plastic bottle and cans is increasing, however glass bottles dominate the packaging segment. A trend toward healthier living habits is also been seen in Germany, accounting for the growth of the functional water segment. Gerolsteiner Brunnen continued to lead the competitive and fragmented bottled water market in Germany.
Europe bottled water market is fragmented and highly competitive. Danone, Coca-Cola, Nestle, and PepsiCo are the major players leading the market. Major players and small players are trying to capture the market share by introducing new variants of products, as well as new differentiations in the existing products. Different countries are captured by different players, mainly the local players respective to the country. Players have their own strong distribution channels to improve their product availability, and to maintain the merchant relationship.
Key Topics Covered
1 INTRODUCTION 1.1 Study Assumptions and Market Definition 1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS 4.1 Market Drivers 4.2 Market Restraints 4.3 Porter's Five Forces Analysis 4.3.1 Threat of New Entrants 4.3.2 Bargaining Power of Buyers/Consumers 4.3.3 Bargaining Power of Suppliers 4.3.4 Threat of Substitute Products 4.3.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION 5.1 By Type 5.1.1 Still 5.1.2 Sparkling 5.1.3 Functional 5.2 By Distribution Channel 5.2.1 Supermarket/Hypermarket 5.2.2 Convenience Stores 5.2.3 On-trade Channels 5.2.4 Home and Office Delivery 5.2.5 Other Distribution Channels 5.3 By Geography 5.3.1 Germany 5.3.2 United Kingdom 5.3.3 Italy 5.3.4 Spain 5.3.5 Russia 5.3.6 Belgium 5.3.7 France 5.3.8 Rest of Europe
6 COMPETITIVE LANDSCAPE 6.1 Most Active Companies 6.2 Most Adopted Strategies 6.3 Market Share Analysis 6.4 Company Profiles 6.4.1 The Coca-Cola Company 6.4.2 Danone S.A. 6.4.3 PepsiCo Inc. 6.4.4 Nestle S.A. 6.4.5 RheinfelsQuellen H. Hovelmann GmbH & Co. KG 6.4.6 Gerolsteiner Brunnen 6.4.7 Ferrarelle S.p.A. 6.4.8 Fonti di Vinadio S.p.A. 6.4.9 Agua Mineral San Benedetto S.A.