Bottled water is viewed as a basic food commodity, its demand has increased globally and is increasing at high pace it has created a lot off market share. According to a report published by Transparency Market Research bottled water market was valued at USD 157.27 billion in 2013, which is expected to reach USD 279.65 billion by 2020, growing at a CAGR of 8.7% from 2014 to 2020. In 2013 Asia pacific led the global market with a market share of 33%. It is expected that growing population, increase in exposable income, launch of newer and more attractive packaging initiatives, rising health and wellness concerns will increase its demand. It is expected to attain a higher CAGR of 10.5% till 2020.
Bottled water is viewed as a basic food commodity, its demand has increased globally and is increasing at high pace it has created a lot off market share. According to a report published by Transparency Market Research bottled water market was valued at USD 157.27 billion in 2013, which is expect...
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