The bottled water market in Bulgaria experienced a significant growth trajectory from 2013 to 2023, reaching a volume of 977.23 million liters in 2023. Over the decade, growth was particularly strong in 2015 and 2017. Despite a dip in 2020, the market rebounded with consistent growth in recent years. The last five-year CAGR was 3.46%, indicating steady annual growth.
Future trends to watch for:
- Increased consumer preference for health-oriented beverages could drive further growth in bottled water demand.
- Environmental concerns may lead to higher adoption of sustainable packaging, impacting cost and market dynamics.
- Potential entry of innovative or premium products could diversify the market landscape.
How does Bulgaria 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 |
6 | 6 Romania | 2,450,200,000 | 2023 | +2.99% | +2.59% | View data |
7 | 7 Hungary | 1,089,400,000 | 2023 | +2.11% | -2.94% | View data |
8 | 8 Bulgaria | 977,230,000 | 2023 | +7.23% | +3.46% | |
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% | View data |