Key Market Indicators
Singapore is set to become a major player in the global bottled water market by 2026. Imports are projected to increase by 1.1% annually on average over the next five years, while exports are expected to fall by 4% on an annual basis. Since 1994, demand for bottled water in Singapore has grown by 2.5% year on year, while supply has decreased by 10.8%. In 2021, the country ranked 39th in the global bottled water market with exports worth $45.8 million. Croatia was top with $58.1 million, with Germany, the Netherlands and Switzerland respectively coming in at second, third and fourth.
