China Packaged Water Market

Packaged water is derived from various sources such as surface, sea, or ground, among others, and is subjected to different treatments like demineralization, decantation, filtration, mineralization, and reverse osmosis to meet the prescribed standard before being packed in a glass or plastic container. It is free from contamination, which helps to fulfill hydration needs of consumers. Packaged water is an alternative of drinking water which is available at various distribution channel.

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Growing awareness towards consuming healthy drinks, along with the increasing disposable income of the consumers is one of the major key drivers of the china packaged water market. The other factors driving the china packaged water market include poor quality of tap water, risk related to the waterborne diseases such as diarrhea, malaria, & typhoid and the easy availability of various packaged water has further boosted the demand for packaged water in China. Moreover, the increasing consumption of packaged water and the growing demand for non- carbonated drinks among consumers are also paving the way for China packaged water market during the forecast period.

Growing health risks associated with obesity and diabetes has shifted consumers towards packaged water, which will propel the water market growth. Furthermore, the growing inclination of consumers towards premium and quality water, coupled with increasing demand for minerals and vitamin-rich drinking water among the urban population, will further boost the china packaged water market. In addition, increasing demand for clean water due to the change in lifestyle patterns of consumers and improving standard of living will further enhance the market growth during the forecast period. For instance, major key players are focusing on introducing eco-friendly packaging to fulfill consumer needs in China. However, environmental pollution caused by plastic bottles may hinder the growth of the china packaged water market.

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Based on the product type, Still Water expected to grow at the faster CAGR in the China Packaged Water market during the forecast period. The factors supporting the growth of the still water segment include the growing health awareness, rapid urbanization, change in the lifestyle of consumers, and to prevent the risk of water-borne disease. In addition, growing consumer preference for filtered water, along with the increasing disposable income, will further boost the still water market growth in upcoming years. Functional water is also growing in China packaged water market owing to the changing consumption habits of consumers and increasing demand for functional beverages across China. Flavored Water segment is growing at a higher CAGR due to the growing demand for healthy drinks, and consumers are shifting towards nutritional rich drinks.

Based on the packaging, the PET Bottles projected to dominate the market over the forecast period in the China Packaged Water market as it offers various advantages such as ease of storage, safety, durability, lightweight as compared to glass bottles. In addition, PET bottles are being produced in a large amount as they have low chances of breakage and convenience of transportation.

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Various notable players operating in the market, include Nestle, Danone, The Coca-Cola Company, PepsiCo China Ltd., Suntory (China) Holding Co., Ltd., Hangzhou Wahaha Group Co., Ltd, Icelandic Glacial Inc., Mountain Valley Spring Company, Otsuka Pharmaceutical Co. Ltd, FIJI Water Company LLC, among others.

 Key Developments:

• • In 2019, Nestle introduced new packaging for Nestle pure life purified water and launched nestle pure life hydration plus in order to provide health drink in China. Nestle pure life hydration plus helps to provide healthier options to consumers across China.

The China Packaged Water market has been segmented on the basis of product type, packaging and distribution channel. Based on product type, the market is segmented into still water, carbonated water, flavored water and functional water. Based on packaging, the market is segmented into glass bottles, PET bottles and others. Based on distribution channel, the market is segmented into online, supermarkets, specialized stores, and others.

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Market Segmentation

China Packaged Water Market by Product Type

• • Still Water
  • Carbonated Water
  • Flavored Water
  • Functional Water

China Packaged Water Market by Packaging

• • Glass Bottles
  • PET Bottles
  • Others

China Packaged Water Market by Distribution Channel

• • Online
  • Supermarkets
  • Specialized Stores
  • Others

China Packaged Water Leading Market Players (Option 1: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Nestle
  • The Coca-Cola Company
  • PepsiCo China Ltd.
  • Suntory (China) Holding Co., Ltd.
  • Hangzhou Wahaha Group Co. Ltd
  • Icelandic Glacial Inc.
  • Mountain Valley Spring Company
  • Otsuka Pharmaceutical Co. Ltd
  • FIJI Water Company LLC
  • Danone