According to latest analysis, the bottled water in Hong Kong market was USD 881 million in 2023 and is expected to reach USD 1,201 million in 2029 and register a CAGR of 5.3% during the forecast period, 2024-2029. Consumers are shifting away from sugary beverages like sodas and opting for healthier alternatives. Bottled water is perceived as a healthier choice, contributing to its growing popularity. Concerns over the safety and quality of tap water, whether due to contamination or aging infrastructure, also drive consumers toward bottled water. Perceived purity and safety of bottled water reassure consumers about its quality.
Additionally, aggressive marketing strategies by major bottled water companies play a crucial role. Brands often highlight the purity, source, and health benefits of their products. Endorsements and sponsorships in sports and events also boost visibility and appeal.
This report presents a detailed overview of the Hong Kong bottled water industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, pack type, and distribution channel. This detailed analysis supports the identification of growth opportunities within the bottled water industry.
Market Segmentation
The bottled water market in Hong Kong is structured as follows:
Product type: still water, sparkling water, functional and flavored water
Pack type: glass bottles, rigid plastic bottles, others
Distribution channel: convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, HoReCa, e-commerce, others
The Hong Kong bottled water market is segmented on the basis of product type, pack type, and distribution channel. Based on product type, the bottled water market in Hong Kong is categorized into still water, sparkling water, and functional and flavored water. On the basis of pack type, the bottled water market in Hong Kong has been segmented into glass bottles, rigid plastic bottles, and others. By distribution channel, the bottled water market in Hong Kong has been segmented into convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, HoReCa, e-commerce, and others.
Competitive Landscape
The Hong Kong bottled water market is highly competitive. The leading players in the bottled water market include Acqua Minerale San Benedetto S.p.A., Danone S.A., Harrogate Spring Water Ltd., Highland Spring Limited, Hutchison Whampoa Limited (HWL), Nestle S.A., The Coca-Cola Company, The Wonderful Company LLC., VITASOY International Holdings Limited, Wildalpen Wasserverwertungs GmbH.
This report provides a thorough assessment of the Hong Kong bottled water market, examining the performance of leading players from 2019 to 2023. The analysis offers critical information on market share dynamics, pinpointing dominant incumbents as well as rising challengers. Leveraging this data enables companies to refine their strategies, seize growth opportunities, and sustain competitive advantage in an increasingly dynamic market environment.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Hong Kong bottled water market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Hong Kong bottled water market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Hong Kong bottled water market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewHong Kong bottled water market – product type analysis
Hong Kong bottled water market – pack type analysis
Hong Kong bottled water market – distribution channel analysis
Key players and market share
– Acqua Minerale San Benedetto S.p.A.
– Danone S.A.
– Harrogate Spring Water Ltd.
– Highland Spring Limited
– Hutchison Whampoa Limited (HWL)
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Hong Kong bottled water market 2019-2029
Chart Hong Kong bottled water market, net growth, 2019-2029
Chart Hong Kong bottled water market, growth rates, 2019-2029
Table Hong Kong bottled water market by product type, 2019-2029
Chart Hong Kong bottled water market by product type, CAGR historic and forecast, 2019-2029
Chart Hong Kong bottled water market by product type, 2019-2029
Table Hong Kong bottled water market by pack type, 2019-2029
Chart Hong Kong bottled water market by pack type, CAGR historic and forecast, 2019-2029
Chart Hong Kong bottled water market by pack type, 2019-2029
Table Hong Kong bottled water market by distribution channel, 2019-2029
Chart Hong Kong bottled water market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Hong Kong bottled water market by distribution channel, 2019-2029
Table Hong Kong bottled water market share (%), by companies, 2019-2023
Chart Hong Kong bottled water market, by companies, 2023
Table Hong Kong bottled water market share (%), by brands, 2019-2023
Chart Hong Kong bottled water market, by brands, 2023
Table Hong Kong – population (millions) and forecast
Table Hong Kong – consumer price index (CPI) and forecast
Table Hong Kong – gross domestic product and forecast
Table Hong Kong bottled water market: spend as a proportion of GDP (%)
Table Hong Kong bottled water market: consumption per capita (population)