Latin America Bottled Water Market Size & Outlook
Latin America bottled water market, 2018-2030 (US$M)
Latin America bottled water market highlights
- The Latin America bottled water market generated a revenue of USD 20,071.3 million in 2023.
- The market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, still water was the largest revenue generating product in 2023.
- Still Water is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 20,071.3 million |
| Market revenue in 2030 | USD 31,009.3 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Still water |
| Fastest growing segment | Still Water |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Still Water |
| Key market players worldwide | Nestle SA, PepsiCo Inc, The Coca-Cola Company, Danone SA, Primo Water Corp, Nongfu Spring Co Ltd Class H Ordinary Shares, National Beverage Corp, Keurig Dr Pepper Inc, Fiji Water, Gerolsteiner, VOSS |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.2% of the global bottled water market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 239,316.1 million by 2030.
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Bottled Water Market Scope
Bottled Water Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America bottled water market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bottled water market will help companies and investors design strategic landscapes.
Still water was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America bottled water market based on still water covering the revenue growth of each sub-segment from 2018 to 2030.
The Central & South American bottled water market demand is driven by countries like Brazil, Argentina, Chile, and Peru. Brazil and Argentina together make most of the demand for bottled water market in this region.
Strong demand for clean and hygienic drinking water is driving the market growth. Bottled water with added vitamins, minerals, and antioxidants is gaining momentum in the regional market as consumers are looking for water with added health and wellness benefits.
Moreover, the growing inclination towards a healthy lifestyle in countries such as Brazil, Argentina, and Mexico has heightened the demand for hygienic food and drinks. As a result, there is an increase in demand for bottled water as well. This, in turn, is boosting the market growth in Central & South America.
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Target buyers of Latin America bottled water market databook
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Our clientele includes a mix of bottled water market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America bottled water market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America bottled water market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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