Analyzing Hungary's bottled water market size value per capita from 2013 to 2023 reveals fluctuations, peaking in 2017 at €22.25 and then experiencing a general decline, reaching €19.10 in 2023. This reflects a consistent downward trend over the past decade. Notably, the last two years showed a slight stabilization, with minor year-on-year increases of 0.16% from 2022 to 2023. From 2019 to 2023, the market witnessed a compound annual growth rate (CAGR) of -1.13%, highlighting a gradual reduction in consumer expenditure on bottled water.
Future trends to watch for include:
- Consumer shifts towards sustainable and eco-friendly packaging.
- Potential regulatory changes impacting bottled water pricing.
- Increasing competition from alternative hydration solutions like reusable water bottles.
- Emerging health consciousness potentially driving demand for premium water categories.
How does Hungary rank in Bottled Water Market Size Value Per Capita?
# | 19 Countries | Euros Per Capita | Last Year | |||
---|---|---|---|---|---|---|
1 | 1 France | 71.62 | 2023 | View data | ||
2 | 2 Italy | 62.59 | 2023 | View data | ||
3 | 3 Croatia | 47.76 | 2023 | View data | ||
4 | 4 Greece | 44.73 | 2023 | View data | ||
5 | 5 Spain | 38.97 | 2023 | View data | ||
12 | 12 Slovakia | 19.69 | 2023 | View data | ||
13 | 13 Finland | 19.3 | 2023 | View data | ||
14 | 14 Hungary | 19.1 | 2023 | |||
15 | 15 Czech Republic | 16.31 | 2023 | View data | ||
16 | 16 United Kingdom | 16.25 | 2023 | View data | ||