The bottled water market volume in Denmark has seen fluctuations between 2012 and 2022, starting at 106.03 million liters in 2012 and reaching 132.85 million liters in 2022. Despite some yearly declines, the market demonstrated an overall upward trend. Significant increases were observed in 2014 (14.16%) and 2020 (5.62%), while notable declines occurred in 2015 (-6.2%) and 2017 (-6.26%). More recently, 2021 experienced a strong growth of 5.4%, followed by a slight decrease of 0.35% in 2022. The average annual growth rate (CAGR) over the last five years was approximately 4.02%, indicating steady market expansion.
Future trends to watch include increased consumer demand for sustainable and eco-friendly bottled water options, advancements in biodegradable packaging technologies, and potential regulations encouraging reduced plastic use. Additionally, growing awareness of health and hydration benefits may further drive market growth in the coming years.
How does Denmark rank in Bottled Water Market Size Volume?
| # | 17 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 16,462,000,000 | 2023 | -0.96% | -2.73% | View data |
| 2 | 2 Spain | 9,330,200,000 | 2023 | +2.06% | +1.63% | View data |
| 3 | 3 France | 8,932,200,000 | 2023 | -3.57% | -2.38% | View data |
| 4 | 4 Poland | 5,283,700,000 | 2023 | +2.91% | +2.2% | View data |
| 5 | 5 United Kingdom | 3,481,900,000 | 2023 | +2.4% | +1.41% | View data |
| 14 | 14 Lithuania | 228,010,000 | 2023 | +1.86% | -1.61% | View data |
| 15 | 15 Finland | 165,280,000 | 2023 | +2.15% | +4.39% | View data |
| 16 | 16 Denmark | 125,250,000 | 2023 | +1.22% | +1.83% | |
| 17 | 17 Estonia | 100,020,000 | 2023 | +2.97% | +1.92% | View data |