Press release
Spring Water Market is Projected to Reach USD 401.61 Billion by 2030: Cognitive Market Research
Spring Water Market is Projected to Reach USD 401.61 Billion by 2030: Cognitive Market Research
What is Spring Water?
The spring water originates from the underground aquifer is naturally increases the surface. This water differs in terms of Total Dissolved Solids level and mineral content impacted on the locations. Spring water usually contains various minerals including calcium, magnesium, and sodium. Demand for spring water has been rising between in-house, working professionals, and travelers.
Summary:
As per the study of CMR, the Global Spring Water Market size stood at USD 212.17 Billion in 2022 and will reach the mark of USD 401.61 Billion by 2030. The global market is expected to expand at a CAGR of 8.3 % during the forecast period (2023-2030).
To know more about The Spring Water Market statistics click here: https://www.cognitivemarketresearch.com/spring-water-market-report
Market Dynamics:
Spring Water Market Drivers:
Growing awareness of waterborne diseases such as food poisoning, typhoid, and diarrhea, concern about various health-related concerns like reproductive problems gastrointestinal ailments, and neurological disorders. This is the major factor expected to drive the demand for the spring water market. In addition, increasing living standards, urban population, and surging disposable income are likely to fuel the demand for the spring water market.
Spring Water Market Opportunities:
Increasing awareness of various health concerns like gastrointestinal disorders caused by polluted water, modernizing new products, drinking water shortages, and growing innovative work initiatives in various areas. This is projected to present growth opportunities for the spring water market in the forecast period.
Spring Water Market Restraints:
The absence of awareness regarding health problems caused by less price of tap water and the increasing price of spring water is the key factor expected to hamper the growth of the target market. In addition, increasing environmental contamination caused by spring water plastic bottles may restrict the growth of the global market.
Market Segmentation:
Distribution Channel:
• Supermarkets/ Hypermarkets
• Online Retail
• Specialty Stores
Based on the distribution channel, the specialty stores segment has dominated the spring water market. This is due to the increasing quickly convenience of the chosen desired brand of spring water combination with minerals is projected to drive segment growth in the target market.
Packaging Type:
• Canned
• Bottled
Based on packaging type, bottled has a leading segment in the spring water market. This is attributed to bottled water usually having a shelf life of a limitless amount of time and increasing consumer awareness of the health benefits of consuming bottled water, rising urbanization, and per capita expenditure. These all factors are likely to drive the growth of the target market.
Competitive Analysis of Spring Water Market: 5100, Kls, Nongfuspring, Evergrandespring, Danonewaters, Ganten, Cestbon, Nestlé Pure Life, Watsonswater, Masterkong
Get free sample pages of the latest published Spring Water Market Report: https://www.cognitivemarketresearch.com/spring-water-market-report#request_sample
Regional Analysis:
Europe accounted for the largest share of the spring water market, in 2022
Europe has the largest revenue share in the spring water market. This is due to the increasing use of packaged drinks and the proportion of health-conscious consumers in the region. In addition, the fastest expanding springwater market in Germany and the U.K. is anticipated to propel the growth of the spring water market in the region.
Spring Water Market Industry News:
TEN Alkaline Spring Water has increased distribution in the Northeast of the U.S.
In November 2021, TEN Alkaline Spring Water increased the distribution of spring water in the Northeast of the U.S. The company has collaborated with KEHE Group and United Natural Foods in order to expand distribution opportunities.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Spring Water Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Spring Water Market Segmentation
1.5.1 Spring Water Market Regional Fragmentation
1.5.1 Spring Water Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Spring Water Market
• 3.1 Global Spring Water Market Size 2018 - 2030, (USD Million)
• 3.2 Global Spring Water Value, Absolute & Opportunity Analysis
• 3.3 Global Spring Water Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Spring Water Market Statistics 2022: Snapshot
Chapter 4 Global Spring Water Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Spring Water Market by Packaging Type Segmentation Analysis (2018-2030)
Chapter 10 Global Spring Water Market by Distribution Channel Segmentation Analysis (2018-2030)
Chapter 11 Global Spring Water Market Regional Analysis
Chapter 12 North America Spring Water Market Outlook (2018 - 2030)
Chapter 13 Europe Spring Water Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Spring Water Market Outlook (2018 - 2030)
Chapter 15 Latin America Spring Water Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Spring Water Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Spring Water Market TOC click here: https://www.cognitivemarketresearch.com/spring-water-market-report#table_of_contents
Related Report:
• Spring Balancer Market- https://www.cognitivemarketresearch.com/spring-balancer-market-report
• Mineral Water Market- https://www.cognitivemarketresearch.com/mineral-water-market-report
• Water Purifier Market- https://www.cognitivemarketresearch.com/water-purifier-market-report
• Bottled Water Market- https://www.cognitivemarketresearch.com/bottled-water-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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