Bottled Water Market Size Volume Per Capita in Belgium

The bottled water market in Belgium has fluctuated over the past decade. From 2012 to 2017, there was a general upward trend, peaking at 64.61 liters per capita in 2017. However, the subsequent years saw a decline with values stabilizing around the mid-50s liters per capita. In 2023, the value stood at around 54 liters per capita. The year-on-year variation from 2022 to 2023 was modest, while the compound annual growth rate (CAGR) over the past five years highlights an average annual decrease of around 0.5%.

Over the last two years, the market showed minor negative growth, which can be attributed to a combination of market saturation, consumer behavioral shifts, and possible economic factors. The long-term trend since 2012 shows periods of both decline and growth, indicating a relatively mature market.

Future trends to watch for include potential market innovation through sustainable packaging, an increase in flavored and functional waters, and a possible resurgence in volume driven by health and wellness trends. Monitoring these factors will be crucial for predicting future consumer behavior in the bottled water market.