The analysis of the bottled water price per unit in Denmark shows a decreasing trend from 2011 to 2021. The price per liter decreased from 0.64 Euros in 2011 to 0.4 Euros in 2021. The variations year-on-year display significant fluctuations: a notable drop of 5.26% from 2011 to 2012, an increase of 4.84% from 2012 to 2013, followed by a steep decline of 18.46% from 2013 to 2014. The downward trend continued more steadily from 2015 onwards, culminating in a 13.04% decrease from 2019 to 2020 and a stabilization in 2021 at 0.4 Euros per liter. Over the last five years, the compound annual growth rate (CAGR) for bottled water prices was negative, reflecting an average annual decline of 3.43%.
Future trends to watch for include potential stabilization or slight increase in prices due to global inflationary pressures and costs associated with sustainable packaging. Additionally, shifts in consumer preferences towards environmentally friendly options and local water sources may influence future pricing dynamics. Monitoring technological advancements in water purification and packaging could also impact the market.
