Garnering a CAGR of 8% from 2024 to 2029, the bottled water market in Philippines is projected to reach worth of USD 4,259 million by 2029-end, according to the latest estimates. Concerns over water quality are a significant driver of the market. Despite improvements in water treatment infrastructure, many regions in the country still face unreliable and unsafe tap water due to industrial pollutants, agricultural runoff, and inadequate municipal systems. This situation leads consumers to view bottled water as a safer and more reliable drinking option. With increasing health awareness, more consumers are opting for healthier beverages. Bottled water, often marketed as pure and safe, aligns with the growing preference for healthier lifestyles over sugary drinks.
Urbanization is another critical factor. Rapid urban development has increased the demand for convenient and portable hydration solutions. In bustling urban environments, bottled water is particularly popular due to the need for accessible drinking water on the go. As more consumers can afford premium products, there is a noticeable shift towards high-quality bottled water brands that offer additional health benefits, such as mineral water or water enhanced with vitamins.
Moreover, tourism has also driven the growth of the bottled water market. Tourists, often concerned about local water safety, tend to prefer bottled water. This steady influx of tourists sustains continuous demand.
The report offers a comprehensive evaluation of the Philippines bottled water market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, pack type, and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the bottled water industry.
Market Segmentation
The bottled water market in Philippines is classified into the following segments:
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 Philippines 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 Philippines is categorized into still water, sparkling water, and functional and flavored water. On the basis of pack type, the bottled water market in Philippines has been segmented into glass bottles, rigid plastic bottles, and others. By distribution channel, the bottled water market in Philippines has been segmented into convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, HoReCa, e-commerce, and others.
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players Asia Brewery Incorporated, Danone S.A., JG Summit Holdings Inc., Philippine Spring Water Resources Inc. (PSWRI), The Coca-Cola Company.
The report presents a detailed analysis of the Philippines bottled water market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Philippines bottled water market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Philippines bottled water market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Philippines 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 overviewPhilippines bottled water market – product type analysis
Philippines bottled water market – pack type analysis
Philippines bottled water market – distribution channel analysis
Key players and market share
– Asia Brewery Incorporated
– Danone S.A.
– JG Summit Holdings, Inc.
– Philippine Spring Water Resources, Inc. (PSWRI)
– The Coca-Cola Company
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Philippines bottled water market 2019-2029
Chart Philippines bottled water market, net growth, 2019-2029
Chart Philippines bottled water market, growth rates, 2019-2029
Table Philippines bottled water market by product type, 2019-2029
Chart Philippines bottled water market by product type, CAGR historic and forecast, 2019-2029
Chart Philippines bottled water market by product type, 2019-2029
Table Philippines bottled water market by pack type, 2019-2029
Chart Philippines bottled water market by pack type, CAGR historic and forecast, 2019-2029
Chart Philippines bottled water market by pack type, 2019-2029
Table Philippines bottled water market by distribution channel, 2019-2029
Chart Philippines bottled water market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Philippines bottled water market by distribution channel, 2019-2029
Table Philippines bottled water market share (%), by companies, 2019-2023
Chart Philippines bottled water market, by companies, 2023
Table Philippines bottled water market share (%), by brands, 2019-2023
Chart Philippines bottled water market, by brands, 2023
Table Philippines – population (millions) and forecast
Table Philippines – consumer price index (CPI) and forecast
Table Philippines – gross domestic product and forecast
Table Philippines bottled water market: spend as a proportion of GDP (%)
Table Philippines bottled water market: consumption per capita (population)