The bottled water market in Slovakia has been exhibiting a steady growth from 2013 to 2023, reaching 435.67 million liters in 2023. There have been fluctuations, such as in 2017 and 2020, with occasional declines due to market dynamics. The average annual growth rate (CAGR) over the past five years stands at 3.04%, indicating a healthy upward trend.
Key trends include:
- A year-on-year growth of 2.62% in 2023, suggesting continued market expansion.
- The last two years saw steady increases, with variations of 2.72% and 2.62% in 2022 and 2023 respectively.
Future trends to monitor include the rising consumer demand for healthier, clean-label hydration options, potential market saturation, and the impact of environmental sustainability initiatives on packaging and production practices.
How does Slovakia 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 |
| 10 | 10 Austria | 698,600,000 | 2023 | -1.95% | -3.5% | View data |
| 11 | 11 Belgium | 661,060,000 | 2023 | +2.67% | -0.3% | View data |
| 12 | 12 Slovakia | 435,670,000 | 2023 | +2.62% | +3.04% | |
| 13 | 13 Croatia | 349,010,000 | 2023 | -1.36% | -0.62% | View data |
| 14 | 14 Lithuania | 228,010,000 | 2023 | +1.86% | -1.61% | View data |
