The Bottled Water market in Austria has witnessed a declining trend over the past decade. Starting from 941.72 million liters in actual volume in 2012, the market experienced fluctuations but generally moved downward, reaching 715.69 million liters in 2022. The most significant drop occurred between 2019 and 2021, with a sharp year-on-year decline of 9.38% in 2020 and 4.29% in 2021. The last two years saw a slight stabilization, with a marginal decrease of 0.24% in 2022. The Compound Annual Growth Rate (CAGR) over the past five years stands at -3.63%, indicating a consistent decline.
Future trends to watch for:
- Potential market stabilization as the sharp declines seem to be levelling off.
- Increased demand for sustainable packaging and eco-friendly alternatives possibly reshaping market dynamics.
- Consumer shifts towards health consciousness could impact the bottled water market positively.
- Economic factors and potential regulatory changes surrounding single-use plastics could significantly affect market size.
How does Austria 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 |
| 8 | 8 Bulgaria | 977,230,000 | 2023 | +7.23% | +3.46% | View data |
| 9 | 9 Czech Republic | 765,240,000 | 2023 | +0.82% | -1.6% | View data |
| 10 | 10 Austria | 698,600,000 | 2023 | -1.95% | -3.5% | |
| 11 | 11 Belgium | 661,060,000 | 2023 | +2.67% | -0.3% | View data |
| 12 | 12 Slovakia | 435,670,000 | 2023 | +2.62% | +3.04% | View data |
