The bottled water market in Slovakia has exhibited varied growth patterns over the past decade, with values fluctuating from 92.547 million Euros in 2013 to 107.61 million Euros in 2023, showing a gradual increase overall. Notably, the market faced year-on-year decline in 2014, 2017, 2019, and 2020, but saw significant upticks in 2015, 2016, and 2018. Over the past two years, the market experienced moderate growth, with a 1.06% rise in 2022 and a 1.02% rise in 2023. The compound annual growth rate (CAGR) indicates that the market saw an average annual growth of 0.3% over the past five years, suggesting modest long-term expansion.
Future trends to watch for:
- Sustainability practices influencing consumer choices, including eco-friendly packaging.
- Increasing popularity of flavored and functional bottled waters, driven by health-conscious consumers.
- Potential impacts of global economic factors on consumer spending and market stability.
How does Slovakia rank in Bottled Water Market Size Value?
# | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 4,840,400,000 | 2023 | +2.05% | +1.46% | View data |
2 | 2 Italy | 3,614,000,000 | 2023 | +1.54% | +0.13% | View data |
3 | 3 Spain | 1,811,400,000 | 2023 | +1.72% | +0.36% | View data |
4 | 4 United Kingdom | 1,095,200,000 | 2023 | +2.3% | +1.3% | View data |
5 | 5 Poland | 1,079,000,000 | 2023 | +2.1% | +2.09% | View data |
11 | 11 Czech Republic | 170,130,000 | 2023 | +0.63% | +0.23% | View data |
12 | 12 Netherlands | 150,830,000 | 2023 | -2.17% | -0.89% | View data |
13 | 13 Slovakia | 107,610,000 | 2023 | +1.02% | +0.3% | |
14 | 14 Finland | 102,470,000 | 2023 | -0.54% | +4.68% | View data |
15 | 15 Lithuania | 70,173,000 | 2023 | +1.7% | +2.71% | View data |