Between 2012 and 2022, the bottled water market size volume per capita in Spain showed varying trends. The volume decreased from 148.36 in 2012 to 136.68 in 2013, then increased steadily to 196.67 in 2019. There was a notable drop in 2020 to 178.25, potentially influenced by the COVID-19 pandemic, before rebounding to 191.82 in 2022. In 2023, the value stood at 195.34.
The year-on-year variation from 2021 to 2022 was an increase of 1.13%, reflecting steady market recovery. The compound annual growth rate (CAGR) over the last five years (2017-2022) was around 1.77%, indicating moderate but consistent growth.
Future trends to watch for include potential impacts of economic fluctuations on consumer spending, growing environmental concerns pushing for sustainable packaging solutions, and innovations in product varieties, such as enhanced functional waters, which could further shape market dynamics.