Enhanced Water Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019-2025

NOIDA, India - Nov. 4, 2019 - PRLog -- The Global Enhanced Water Market was valued at US$ 6.80 billion in 2018 and is anticipated to reach US$ 13.26 billion by 2025 displaying explosive CAGR of 10.04% over the forecast period (2019-2025). Enhanced water is primarily packaged water that is purified and is free from contamination. Available in plastic and glass water bottles, enhanced water is one of the convenient ways that can be used for drinking, household as well as commercial purposes. Enhanced water market has grown rapidly over the years and it has been estimated that approximately 600 million households consumed it in 2018. Moreover, despite ample initiatives undertaken to reduce plastic waste, oceans are swimming in plastic and enhanced or bottled water consumption is expected to stimulate to reach a volume of around 118 billion by 2022. Although bottled water was privileged to high class, foreign tourists and health-conscious people but the present decade has witnessed increasing popularity among average consumers.

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Growth in the travel industry coupled with the ever-expanding foodservice sector has tremendously influenced the market growth. While increasing population, spur in disposable income, rapid urbanization along with rise in healthcare awareness about waterborne diseases such as malaria, typhoid, diarrhea and food poisoning constitute to be the augmenting factors driving the demand for enhanced water market. Moreover, shift in living standards and growing awareness among the sophisticated business houses as well as corporate houses has accelerated the preference of enhanced water in recent years.

Reasons to buy Enhanced Water:

Concerns about the quality of tap water

Healthier than carbonated soft drinks and other beverages that consumers were drinking before

The availability of different flavors and types of flavored water

Don't like the taste of tap water due to chlorine and other content

To elaborate further, the US, China, Mexico, Germany and Italy presently hold the top five positions in the global enhanced water league table in terms of volume consumed.

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The Global Enhanced Water Market can be customized to the country level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.