In 2023, the bottled water market size value per capita in Spain stood at €39.00. From 2024, we see a steady year-on-year growth in the forecasted per capita value. The market is expected to expand from €39.65 in 2024 to €42.32 in 2028. This represents a progressive increase reflecting annual growth rates from 2024 to 2028 of approximately 1.69% each year. The compound annual growth rate (CAGR) over the five-year period is forecasted to be around 1.63%.
Future trends to watch for include increasing consumer preference for premium bottled water, the rising demand for eco-friendly packaging, and potential regulatory changes impacting the industry. Additionally, advances in sustainable practices and innovations within the bottled water sector could further influence market dynamics.