Bottled water market is expected to reach USD 279.65 billion by 2020

Transparency Market Research has launched a new market report titled “Bottled Water (Still, Carbonated, Flavored and Functional) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”. According to the report the demand for bottled water is expected to grow at a CAGR of 8.7% in terms of revenue from 2014 to 2020 and the market was valued at USD 157.27 billion in 2013 is expected to reach USD 279.65 billion by 2020. In 2013, the global bottled water market by product was dominated by still bottled water, followed by carbonated bottled water. Nowadays people prefer flavored water and thus its market is growing at a higher CAGR of 12.3% from 2014 to 2020.
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