Indonesia Bottled Water Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Size in 2023: US$ 298.1 Million
Market Forecast in 2032: US$ 582.4 Million
Market Growth Rate: 7.47% (2024-2032)
Increasing consumer demand for safe and convenient drinking water is propelling the growth of the Indonesia bottled water market. According to the latest report by IMARC Group, Indonesia bottled water market size reached US$ 298.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 582.4 Million by 2032, exhibiting a growth rate (CAGR) of 7.47% during 2024-2032.
Indonesia Bottled Water Industry Trends and Drivers:
The rising consumer preference for healthy hydration solutions in Indonesia represents one of the key factors propelling the market growth. The expanding population and increasing disposable incomes in the country are driving the demand for bottled water as a convenient choice for on-the-go hydration. The growing concerns among the masses about water quality and benefits of proper hydration are positively influencing the market. As people are becoming more conscious about the risks associated with consuming untreated or potentially contaminated tap water, they are turning to bottled water as a safer alternative.
Bottled water is perceived as a cleaner and more dependable option for hydration, aligning with the broader emphasis on health and wellness. The health and wellness trends are further leading consumers to choose bottled water over sugary or processed beverages, thereby stimulating the growth of the market. Besides this, the tropical climate of Indonesia, characterized by high heat and humidity, creates a consistent need for refreshing and easily accessible hydration solutions, making bottled water a preferred choice for maintaining optimal hydration.
Moreover, as more people are moving to urban areas, the demand for convenient hydration solutions, such as bottled water, is growing. The proliferation of retail outlets, including supermarkets and convenience stores, is increasing the accessibility of bottled water across diverse regions in the country. In addition, the expanding middle class is willing to invest in premium bottled water products that offer added benefits, such as enhanced mineral content or advanced filtration. Regulations and initiatives undertaken by governing agencies in the country are also ensuring the safety and quality of bottled water products, thereby supporting the market growth. Furthermore, in response to environmental concerns like plastic waste, key companies are intensifying their efforts to adopt sustainable packaging solutions, offering lucrative growth opportunities to industry investors. The introduction of functional water fortified with vitamins, minerals, or other health-boosting additives is bolstering the market growth in Indonesia.
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Indonesia Bottled Water Industry Segmentation:
The report has segmented the market into the following categories:
Type Insights:
- Still Water
- Sparkling Water
- Functional Water
Distribution Channel Insights:
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Retailers
- On-trade
- Others
Regional Insights:
- Java
- Sumatra
- Kalimantan
- Sulawesi
- Others
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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