The UK bottled water market saw a considerable growth trend from 2013 to 2023, with values rising from €771.89 million to €1095.2 million in 2023. Over the last five years, the market has experienced an average annual growth rate (CAGR) of 1.3%. In 2022 and 2023, the market saw year-on-year growth rates of 2.4% and 2.3%, respectively, indicating a steady yet moderate expansion.
Looking ahead, the market is forecasted to grow from €1122.2 million in 2024 to €1223.6 million in 2028, with an anticipated five-year CAGR of 1.75% and a total forecasted growth rate of 9.04%. This suggests a stable growth trajectory for the coming years.
Future trends to watch for include the impact of sustainability initiatives, such as increased consumer demand for eco-friendly packaging, and potential regulations influencing market dynamics. Additionally, innovations in flavored and functional bottled waters could drive further market interest and diversification.
