PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1134200
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1134200
Global Sparkling Water Market, By Product (, ); By Distribution Channel ; By Packaging, Trend Analysis, Competitive Market Share & Forecast, 2018-2028
Global Sparkling Water Market Booming to Cross USD 57-Billion Mark by 2028
Global sparkling water market continues to maintain its spark by growing at a significant rate owing to a rapidly increasing awareness among people about quality of drinking water and their desire to lead a healthy lifestyle.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects global sparkling water market to grow from USD 30.48 billion in 2021 to USD 57.22 billion by 2028, at a significant CAGR of 9% during the forecast period (2022-2028). The market growth is driven by grwoing awareness among people to drink clean and mineral-rich water, lead a healthy lifestyle, and an increase in their disposable income.
An increasing number of people prefer sparkling water, as it contains a variety of minerals, including sodium, magnesium, and calcium, as awareness of the value of living a healthy lifestyle grows. The substance also has a number of benefits, such as the ability to ease constipation and aid with digestion. With the advent of several new products, including sparkling water, several of the largest bottled water producers, including Nestle S.A., The Coca-Cola Company, PepsiCo Inc., and Dr. Pepper Snapple Group, in their campaigns encourage people to drink more water for health reasons. For instance, the Coca-Cola Company introduced a new line of sparkling water in the U.S. market in March 2020 under the brand name "AHA," which includes a variety of flavor infusions to meet shifting consumer demand.
Global Sparkling Water Market - Technology Advancements
During the forecast period, the market is expected to be driven by consumers' increasing preference for sparkling water over soda and other sweet carbonated beverages. Most public spaces and offices were closed during the first few months of the COVID-19 pandemic, which resulted in a huge decline in the commercial demand for sparkling water. However, frequent home isolation orders have increased household demand for bottled water-including sparkling water-in all forms. The market has benefited as a result of bottled water companies increasing their production capacity to meet this spike in demand, said the International Bottled Water Association (IBWA).
Challenge: High Cost of Sparkling Water
Sparkling water is costlier than cabonated and other soft drinks. The inexpensive cost of alternative carbonated beverages, on the other hand, is anticipated to impede the expansion of global sparkling water market. Also, increasing domestic taxes and shipping costs could pose a threat to the market growth.
Segmental Coverage
Global Sparkling Water Market - By Channel of Distribution
Convenience stores, supermarkets, and hypermarkets collectively account for a sizable portion in global sparkling water market by channel of distribution. The availability of various premium and private label brands in these retailers also draws customers to these channels for product purchases. To improve consumers' shopping experiences, these stores' membership programs offer advantages including discounts and access to limitless free delivery. The online distribution channel, however, is expected to grow at the fastest rate. One of the key elements boosting sales through the online channel is the change in consumer shopping behavior. Millennials and the younger generation are choosing online platforms because of the advantages they offer, such as buying from the convenience of one's home, doorstep delivery, free shipping, subscription services, and discounts.
Regional Insights
In global sparkling water market by region, North America holds the leadership position. The primary driver of the regional market is the growing customer preference for healthy alternatives to soft drinks. Consumers are being persuaded to drink sparkling water due to its advantages, such as increased intake, easier digestion, and improved bone and heart health. The easy availability of the product across distribution channels will accelerate the market expansion in the region.
Impact of COVID-19 on the Global Sparkling Water Market
The global sparkling water market has been impacted by COVID-19. Sales and beverage manufacturing were impeded by low investment costs and a lack of workers. In response, the players adopted new safety measures for developing the products. As it provides benefits such as simple payment options, availability of a wide range of products, doorstep delivery, and significant discounts, the online distribution channel is changing how people shop, which helped the market grow during the pandemic and will help it grow even more during the post-pandemic period.
Competitive Landscape
Major players in global sparkling water market include Nestle, Inc. PepsiCo, National Drinks Corporation, and Rain Talking. Major bottled water producers are introducing sparkling water. For instance, PepsiCo, Inc. launched five new caffeinated sparkling water varieties under its bubbly brand in February 2021: mango passion fruit, blood orange grapefruit, triple berry, blueberry pomegranate, and citrus cherry flavors. These product launches are rising product visibility in the industry, which is expected to accelerate market growth in the coming years. Product launches and mergers & acquisitions are two of the main strategies used by market participants. For instance, Limitless, a manufacturer of caffeinated sparkling water in the United States, was purchased by Keurig Dr. Pepper Inc. in January 2020. Through this acquisition, Keurig Dr. Pepper expanded its water selection and entered the market for caffeinated sparkling water.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Research Methodology
- 2.1. Qualitative Research
- 2.1.1. Primary & Secondary Research
- 2.2. Quantitative Research
- 2.3. Market Breakdown & Data Triangulation
- 2.3.1. Secondary Research
- 2.3.2. Primary Research
- 2.4. Breakdown of Primary Research Respondents, By Region
- 2.5. Assumption & Limitation
3. Executive Summary
4. Global Sparkling Water Market Insights
- 4.1. Industry Value Chain Analysis
- 4.2. DROC Analysis
- 4.2.1. Growth Drivers
- 4.2.2. Restraints
- 4.2.3. Opportunities
- 4.2.4. Challenges
- 4.3. Technological Advancement/Recent Development
- 4.4. Regulatory Framework
- 4.5. Porter's Five Forces Analysis
- 4.5.1. Bargaining Power of Suppliers
- 4.5.2. Bargaining Power of Buyers
- 4.5.3. Threat of New Entrants
- 4.5.4. Threat of Substitutes
- 4.5.5. Intensity of Rivalry
5. Global Sparkling Market Overview
- 5.1. Market Size & Forecast by Value, 2018-2028
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Product
- 5.2.1.1. Natural/Mineral Sparkling Water
- 5.2.1.1.1 Flavored
- 5.2.1.1.2 Unflavored
- 5.2.1.2 Caffeinated Sparkling Water
- 5.2.1.2.1 Flavored
- 5.2.1.2.2 Unflavored
- 5.2.2. By Distribution Channel
- 5.2.2.1. Hypermarket & Supermarket
- 5.2.2.2. Convenience Stores
- 5.2.2.3. Online
- 5.2.2.4. Others
- 5.2.3. By Packaging
- 5.2.3.1. Bottles
- 5.2.3.2. Cans
- 5.2.4. By Region
- 5.2.4.1. North America
- 5.2.4.2. Europe
- 5.2.4.3. Asia Pacific
- 5.2.4.4. Latin America
- 5.2.4.5. Middle East & Africa
- 5.2.1. By Product
6. North America Sparkling Water Market
- 6.1. Market Size & Forecast by Value, 2018-2028
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Product
- 6.2.2. By Distribution Channel
- 6.2.3. By Packaging
- 6.2.4. By Country
- 6.2.4.1. United States
- 6.2.4.2. Canada
7. Europe Sparkling Water Market
- 7.1. Market Size & Forecast by Value, 2018-2028
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Product
- 7.2.2. By Distribution Channel
- 7.2.3. By Packaging
- 7.2.4. By Country
- 7.2.4.1. Germany
- 7.2.4.2. United Kingdom
- 7.2.4.3. Italy
- 7.2.4.4. France
- 7.2.4.5. Spain
- 7.2.4.6. The Netherlands
- 7.2.4.7. Belgium
- 7.2.4.8. NORDIC Countries
- 7.2.4.9. Rest of Europe
8. Asia-Pacific Sparkling Water Market
- 8.1. Market Size & Forecast by Value, 2018-2028
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Product
- 8.2.2. By Distribution Channel
- 8.2.3. By Packaging
- 8.2.4. By Country
- 8.2.4.1. China
- 8.2.4.2. India
- 8.2.4.3. Japan
- 8.2.4.4. South Korea
- 8.2.4.5. Australia
- 8.2.4.6. Indonesia
- 8.2.4.7. Malaysia
- 8.2.4.8. Singapore
- 8.2.4.9. Philippines
- 8.2.4.10. Vietnam
- 8.2.4.11. Rest of Asia Pacific
9. Latin America Sparkling Water Market
- 9.1. Market Size & Forecast by Value, 2018-2028
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Product
- 9.2.2. By Distribution Channel
- 9.2.3. By Packaging
- 9.2.4. By Country
- 9.2.4.1.1. Brazil
- 9.2.4.1.2. Mexico
- 9.2.4.1.3. Argentina
- 9.2.4.1.4. Peru
- 9.2.4.1.5. Rest of Latin America
10. The Middle East & Africa Sparkling Water Market
- 10.1. Market Size & Forecast by Value, 2018-2028
- 10.1.1. By Value (USD Billion)
- 10.2. Market Share & Forecast
- 10.2.1. By Product
- 10.2.2. By Distribution Channel
- 10.2.3. By Packaging
- 10.2.4. By Country
- 10.2.4.1. Saudi Arabia
- 10.2.4.2. UAE
- 10.2.4.3. South Africa
- 10.2.4.4. Qatar
- 10.2.4.5. Kuwait
- 10.2.4.6. Iran
- 10.2.4.7. Nigeria
- 10.2.4.8. Kenya
- 10.2.4.9. Egypt
- 10.2.4.10. Morocco
- 10.2.4.11. Algeria
- 10.2.4.12. Turkey
- 10.2.4.13. Rest of Middle East & Africa
11. Competitive Landscape
- 11.1. List of Key Players and Their Offerings
- 11.2. Market Share Analysis, 2021
- 11.3. Competitive Benchmarking, By Operating Parameters
- 11.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
12. Impact of COVID-19 on Global Sparkling Water Market
13. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
- 13.1. Nestle
- 13.2. PepsiCo, Inc.
- 13.3. National Beverage Corp.
- 13.4. Talking Rain
- 13.5. Keurig Dr Pepper Inc.
- 13.6. The Coca-Cola Company
- 13.7. Danone S.A.
- 13.8. SANPELLEGRINO S.P.A
- 13.9. Clear Cut Phocus
- 13.10. Caribou Coffee Operating Company, Inc.
- 13.11. Hiball
- 13.12. RHODIUS Mineralquellen und Getranke GmbH & Co. KG
- 13.13. AQUA Carpatica
- 13.14. Northwest Coffee
- 13.15. Volay Brands, LLC
- 13.16. WakeWater Beverage Co.
- 13.17. Big Watt Cold Beverage Co.
- 13.18. CG Roxane, LLC
- 13.19. Tempo Beverage Ltd
- 13.20. Ferrarelle
- 13.21. Reignwood Investments UK Ltd
- 13.22. LaCroix Beverages, Inc. (US)
- 13.23. GEROLSTEINER BRUNNEN GMBH & CO. KG
- 13.24. Mountain Valley Spring Water
- 13.25. Others
14. Key Strategic Recommendations
*Financial information in case of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
- Figure 1 Figure 1 Global Sparkling Water System Segmentation
- Figure 2 Global Sparkling Water System Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2021
- Figure 4 Global Sparkling Water System Market Size, By Value (USD Million), 2018-2028
- Figure 5 Global Sparkling Water System Market Share, By Product, By Value, 2018-2028
- Figure 6 Global Sparkling Water System Market Share, By Distribution Channel, By Value, 2018-2028
- Figure 7 Global Sparkling Water System Market Share, By Packaging, By Value, 2018-2028
- Figure 8 Global Sparkling Water System Market Share, By Region, By Value, 2018-2028
- Figure 9 North America Sparkling Water System Market Size, By Value (USD Million), 2018-2028
- Figure 10 North America Sparkling Water System Market Share, By Product, By Value, 2018-2028
- Figure 11 North America Sparkling Water System Market Share, By Distribution Channel, By Value, 2018-2028
- Figure 12 North America Sparkling Water System Market Share, By Packaging, By Value, 2018-2028
- Figure 13 North America Sparkling Water System Market Share, By Country, By Value, 2018-2028
- Figure 14 Europe Sparkling Water System Market Size, By Value (USD Million), 2018-2028
- Figure 15 Europe Sparkling Water System Market Share, By Product, By Value, 2018-2028
- Figure 16 Europe Sparkling Water System Market Share, By Distribution Channel, By Value, 2018-2028
- Figure 17 Europe Sparkling Water System Market Share, By Packaging, By Value, 2018-2028
- Figure 18 Europe Sparkling Water System Market Share, By Country, By Value, 2018-2028
- Figure 19 Asia-Pacific Sparkling Water System Market Size, By Value (USD Million), 2018-2028
- Figure 20 Asia-Pacific Sparkling Water System Market Share, By Product, By Value, 2018-2028
- Figure 21 Asia-Pacific Sparkling Water System Market Share, By Distribution Channel, By Value, 2018-2028
- Figure 22 Asia-Pacific Sparkling Water System Market Share, By Packaging, By Value, 2018-2028
- Figure 23 Asia-Pacific Sparkling Water System Market Share, By Country, By Value, 2018-2028
- Figure 24 Latin America Sparkling Water System Market Size, By Value (USD Million), 2018-2028
- Figure 25 Latin America Sparkling Water System Market Share, By Product, By Value, 2018-2028
- Figure 26 Latin America Sparkling Water System Market Share, By Distribution Channel, By Value, 2018-2028
- Figure 27 Latin America Sparkling Water System Market Share, By Packaging, By Value, 2018-2028
- Figure 28 Latin America Sparkling Water System Market Share, By Country, By Value, 2018-2028
- Figure 29 Middle East & Africa Sparkling Water System Market Size, By Value (USD Million), 2018-2028
- Figure 30 Middle East & Africa Sparkling Water System Market Share, By Product, By Value, 2018-2028
- Figure 31 Middle East & Africa Sparkling Water System Market Share, By Distribution Channel, By Value, 2018-2028
- Figure 32 Middle East & Africa Sparkling Water System Market Share, By Packaging, By Value, 2018-2028
- Figure 33 Middle East & Africa Sparkling Water System Market Share, By Country, By Value, 2018-2028
List of Tables
- Table 1 Global Sparkling Water System Market Size, By Product, By Value, 2018-2028
- Table 2 Global Sparkling Water System Market Size, By Distribution Channel, By Value, 2018-2028
- Table 3 Global Sparkling Water System Market Size, By Packaging, By Value, 2018-2028
- Table 4 Global Sparkling Water System Market Size, By Region, By Value, 2018-2028
- Table 5 North America Sparkling Water System Market Size, By Product, By Value, 2018-2028
- Table 6 North America Sparkling Water System Market Size, By Distribution Channel, By Value, 2018-2028
- Table 7 North America Sparkling Water System Market Size, By Packaging, By Value, 2018-2028
- Table 8 North America Sparkling Water System Market Size, By Country, By Value, 2018-2028
- Table 9 Europe Sparkling Water System Market Size, By Product, By Value, 2018-2028
- Table 10 Europe Sparkling Water System Market Size, By Distribution Channel, By Value, 2018-2028
- Table 11 Europe Sparkling Water System Market Size, By Packaging, By Value, 2018-2028
- Table 12 Europe Sparkling Water System Market Size, By Country, By Value, 2018-2028
- Table 13 Asia-Pacific Sparkling Water System Market Size, By Product, By Value, 2018-2028
- Table 14 Asia-Pacific Sparkling Water System Market Size, By Distribution Channel, By Value, 2018-2028
- Table 15 Asia-Pacific Sparkling Water System Market Size, By Packaging, By Value, 2018-2028
- Table 16 Asia-Pacific Sparkling Water System Market Size, By Country, By Value, 2018-2028
- Table 17 Latin America Sparkling Water System Market Size, By Product, By Value, 2018-2028
- Table 18 Latin America Sparkling Water System Market Size, By Distribution Channel, By Value, 2018-2028
- Table 19 Latin America Sparkling Water System Market Size, By Packaging, By Value, 2018-2028
- Table 20 Latin America Sparkling Water System Market Size, By Country, By Value, 2018-2028
- Table 21 Middle East & Africa Sparkling Water System Market Size, By Product, By Value, 2018-2028
- Table 22 Middle East & Africa Sparkling Water System Market Size, By Distribution Channel, By Value, 2018-2028
- Table 23 Middle East & Africa Sparkling Water System Market Size, By Packaging, By Value, 2018-2028
- Table 24 Middle East & Africa Sparkling Water System Market Size, By Country, By Value, 2018-2028
- Table 25 Nestle Company Overview
- Table 26 Nestle Financial Overview
- Table 27 PepsiCo, Inc. Company Overview
- Table 28 PepsiCo, Inc. Financial Overview
- Table 29 National Beverage Corp. Company Overview
- Table 30 National Beverage Corp. Financial Overview
- Table 31 Talking Rain Company Overview
- Table 32 Talking Rain Financial Overview
- Table 33 Keurig Dr Pepper Inc. Company Overview
- Table 34 Keurig Dr Pepper Inc. Financial Overview
- Table 35 Danone S.A. Company Overview
- Table 36 Danone S.A. Financial Overview
- Table 37 SANPELLEGRINO S.P.A Company Overview
- Table 38 SANPELLEGRINO S.P.A Financial Overview
- Table 39 Clear Cut Phocus Company Overview
- Table 40 Clear Cut Phocus Financial Overview
- Table 41 Caribou Coffee Operating Company, Inc. Company Overview
- Table 42 Caribou Coffee Operating Company, Inc. Financial Overview
- Table 43 Hiball Company Overview
- Table 44 Hiball Financial Overview
- Table 45 RHODIUS Mineralquellen und Getranke GmbH & Co. KG
- Table 46 RHODIUS Mineralquellen und Getranke GmbH & Co. KG
- Table 47 AQUA Carpatica Company Overview
- Table 48 AQUA Carpatica Financial Overview
- Table 49 Lab SA Comapany Overview
- Table 50 Lab SA Financial Overview
- Table 51 Marsulex Environmental Technologies Company Overview
- Table 52 Marsulex Environmental Technologies Financial Overview
- Table 53 Northwest Coffee Company Overview
- Table 54 Northwest Coffee Financial Overview
- Table 55 Volay Brands, LLC Company Overview
- Table 56 Volay Brands, LLC Financial Overview
- Table 57 Big Watt Cold Beverage Co. Company Overview
- Table 58 Big Watt Cold Beverage Co. Company Overview
- Table 59 CG Roxane, LLC Company Overview
- Table 60 CG Roxane, LLC Financial Overview
- Table 61 Tempo Beverage Ltd Company Overview
- Table 62 Tempo Beverage Ltd Financial Overview
- Table 63 Ferrarelle Company Overview
- Table 64 Ferrarelle Financial Overview
- Table 65 Reignwood Investments UK Ltd Company Overview
- Table 66 Reignwood Investments UK Ltd Financial Overview
- Table 67 LaCroix Beverages, Inc. (US) Company Overview
- Table 68 LaCroix Beverages, Inc. (US) Financial Overview
- Table 69 GEROLSTEINER BRUNNEN GMBH & CO. KG Company Overview
- Table 70 GEROLSTEINER BRUNNEN GMBH & CO. KG Financial Overview
- Table 71 Mountain Valley Spring Water Company Overview
- Table 72 Mountain Valley Spring Water Financial Overview
