The bottled water market in Denmark fluctuated significantly between 2012 and 2022. After witnessing a growth of 3.15% in 2013, the market size began a downward trend with notable dips such as -7.17% in 2015 and a continuous decline until 2017. However, there was a modest recovery from 2018 to 2019 with an average annual decrease of -2.93% until 2020. The market regained momentum in 2021, showing a 5.25% increase, but fell again by -3.96% in 2022. Overall, the compound annual growth rate (CAGR) over the last five years is -0.53%. The market is forecasted to reach a value of 52 million Euros in 2024.
Future Trends to Watch For:
- Increased adoption of sustainability and eco-friendly practices in bottled water production.
- Growth in demand for premium and flavored water options.
- Potential impacts of regulatory changes aimed at reducing plastic waste.
How does Denmark rank in Bottled Water Market Size Value?
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 4,840,400,000 | 2023 | +2.05% | +1.46% | View data |
| 2 | 2 Italy | 3,614,000,000 | 2023 | +1.54% | +0.13% | View data |
| 3 | 3 Spain | 1,811,400,000 | 2023 | +1.72% | +0.36% | View data |
| 4 | 4 United Kingdom | 1,095,200,000 | 2023 | +2.3% | +1.3% | View data |
| 5 | 5 Poland | 1,079,000,000 | 2023 | +2.1% | +2.09% | View data |
| 15 | 15 Lithuania | 70,173,000 | 2023 | +1.7% | +2.71% | View data |
| 16 | 16 Latvia | 56,671,000 | 2023 | +3.78% | +0.73% | View data |
| 17 | 17 Denmark | 49,020,000 | 2023 | -4.63% | -1.88% | |
| 18 | 18 Estonia | 42,698,000 | 2023 | +5.98% | +2.07% | View data |
| 19 | 19 Sweden | 13,031,000 | 2023 | +3.6% | -0.64% | View data |
