U.S. Bottled Water Market: Quenching Thirst and Market Opportunities in the Decade 2023-2033

The U.S. Bottled Water Market is anticipated to reach a market valuation of almost US$ 22.5 billion by the end of 2024, up from an expected value of nearly US$ 17 billion in 2017. The U.S. bottled water market is anticipated to grow at a CAGR of 4.0% from 2016 to 2024. Over 2016, it is predicted that the U.S. bottled water market would offer an absolute monetary opportunity of more than US$ 6 Bn in 2024.

The U.S. bottled water market is experiencing a significant surge in demand as consumers increasingly prioritize health, convenience, and hydration. Bottled water has become a popular choice for individuals seeking a refreshing and portable beverage option, whether at home, work, or on the go. With an array of choices available, the U.S. bottled water market is reshaping the way Americans quench their thirst and stay hydrated.

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The rise in the consumption of bottled water can be attributed to several factors. Consumers are increasingly health-conscious, choosing water as a healthier alternative to sugary beverages. Additionally, the convenience and portability of bottled water make it an attractive option for those leading active lifestyles or seeking hydration options in areas with limited access to clean drinking water. Furthermore, the introduction of flavored and enhanced water options has expanded the appeal of bottled water, catering to diverse tastes and preferences.

In recent years, sustainability has emerged as a significant concern within the bottled water industry. As environmental consciousness grows, companies are making efforts to improve packaging sustainability and reduce their carbon footprint. Many brands are investing in lightweight and recyclable packaging materials, as well as implementing initiatives to promote recycling and reduce plastic waste. These sustainability-focused practices aim to address environmental concerns and meet the evolving expectations of environmentally conscious consumers.

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The U.S. bottled water market is poised for continued growth and innovation as companies strive to meet changing consumer demands. Technological advancements in water purification and treatment processes contribute to the production of high-quality, safe, and refreshing bottled water. Moreover, the market is witnessing a surge in new product introductions, such as infused waters, functional beverages, and eco-friendly packaging options, providing consumers with an ever-expanding range of choices to suit their preferences.

Companies Covered in This Report –

• Nestle Waters
• PepsiCo, Inc.
• The Coca-Cola Company
• Groupe Danone
• Suntory Beverage & Food Ltd
• Mountain Valley Spring Company, LLC
• CG Roxane, LLC
• Others

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