The bottled water market in the Netherlands has shown a fluctuating trend over the past decade. From 2013 to 2023, the market experienced several highs and lows, with significant drops observed in 2017 and 2020. As of 2023, the market stood at 150.83 million Euros, marking a decline in value. The year-on-year variation over the last two years highlights a slight decline with -2.17% in 2023 and 1.3% growth in 2022. The compound annual growth rate (CAGR) over the last five years (2018-2023) is calculated at -0.89%, indicating a downturn trend. Looking ahead, the forecasted data suggests a continuing decline, with the market expected to drop to 134.61 million Euros by 2028. The forecasted 5-year CAGR from 2023 to 2028 is -1.82%, reflecting an overall negative growth rate of -8.76%.
Trends to watch for in the future include a potential shift towards sustainable packaging and the impact of environmental regulations on market dynamics, changes in consumer preferences due to health trends, and the adoption of water recycling and purification technologies. Additionally, the economic climate and advances in water technology could also influence market fluctuations.
