From 2013 to 2023, the bottled water market in Estonia has shown a notable upward trend in terms of volume, growing from 60.896 to 100.02 million liters. The market experienced significant fluctuations, with an average compound annual growth rate (CAGR) over the last five years of approximately 1.92%. In recent years, the market exhibited a more stable increase, with a year-on-year variation of 2.97% in 2023. This suggests a consistent yet moderate growth pattern.
Future trends to watch for include the potential impact of increased environmental awareness on bottled water demand, innovations in sustainable packaging, and shifts in consumer preferences towards healthier hydration options. Monitoring these trends will be essential for forecasting future market dynamics.
How does Estonia 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 |
15 | 15 Finland | 165,280,000 | 2023 | +2.15% | +4.39% | View data |
16 | 16 Denmark | 125,250,000 | 2023 | +1.22% | +1.83% | View data |
17 | 17 Estonia | 100,020,000 | 2023 | +2.97% | +1.92% |