The bottled water market in Bulgaria has demonstrated significant growth from 2013 to 2023, with per capita consumption rising from 73.17 liters to 141.01 liters. The market showed consistent growth, except for dips in 2016 and 2020. In 2023, consumption per capita reached 141.01 liters, representing a steady increase in demand. Year-on-year growth was notable at 4.2% from 2022 to 2023. The compound annual growth rate (CAGR) over the past five years was approximately 4.1%, reflecting a strong upward trajectory in consumer preference for bottled water.
Future trends to watch include economic factors affecting consumer spending, shifts towards sustainability, and potential regulatory changes regarding single-use plastics. Market dynamics such as these will likely influence the bottled water market's growth trajectory and consumer behavior in the coming years.
How does Bulgaria rank in Bottled Water Market Size Volume Per Capita?
| # | 17 Countries | Liters Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 307.5 | 2023 | View data | ||
| 2 | 2 Spain | 197.17 | 2023 | View data | ||
| 3 | 3 France | 142.87 | 2023 | View data | ||
| 4 | 4 Bulgaria | 141.01 | 2023 | |||
| 5 | 5 Poland | 133.94 | 2023 | View data | ||
| 6 | 6 Romania | 126.9 | 2023 | View data | ||
