From 2012 to 2022, the bottled water market size value in Spain has experienced varied trends. After an initial decline between 2012 and 2013, the market recovered gradually with notable growth between 2016 and 2019. The peak year-on-year variations occurred in 2016 with a 7.44% increase and in 2018 with an 8.34% rise. However, an abrupt decline occurred in 2020 with a -9.31% decrease due to external factors, possibly the COVID-19 pandemic. This was followed by a modest recovery with slight growth in 2021 and 2022.
Since 2021, the market showed growth but at a decelerating pace, with a year-on-year variation of 3.97% in 2021 and only 0.73% in 2022. The compound annual growth rate (CAGR) over the last five years reflects this diminishing trend, averaging at 1.02%.
Looking forward, market analysts should watch for emerging trends such as sustainability impacts, consumer preferences shifting towards healthier options, and innovative packaging solutions that could influence future market dynamics.
How does Spain 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% | |
| 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 |
