The bottled water market reaches ~403.06 Bn by 2023
The unavailability of clean water in many areas is encouraging the growth of the bottled water market. As India bottled water market segments have begun extensively contributing to the overall growth of the market, it is expected to reach INR ~403.06 Bn by 2023 from its present value of ~160 Bn. The bottled water market in India is projected to expand at a CAGR of ~20.75% from 2018 till the next five years. Brands such as Bislery, Kinley, and Aquafina will continue to dominate the Indian bottled water industry. Stock keeping unit (SKU): The four main types of Stock Keeping Units are found in India. (1) 1-liter bottles, (2) 2-liter Bottle, (3) 500-milliliter Bottles, (4) 250-milliliter bottles pouches and another SKU of bottled water include (5) 15-20 liters of barrels. The one-liter bottles happen to have the largest share in the market which reaches around ~42% while the 500-milliliter and 250-milliliter bottles stand second in the list. Market tre...