Ghana Bottled Water Market 2024

Description

The latest analysis estimates the bottled water market in Ghana will total USD 5,385 million by 2029, an average annual growth of 11.7 percent during the forecast period, according to the latest edition of the Bottled Water Market in Ghana Report. Concerns regarding water quality serve as a significant catalyst for market dynamics. Despite advancements in water treatment infrastructure, numerous regions across the nation contend with inconsistent and compromised tap water quality attributable to industrial contaminants, agricultural runoff, and deficient municipal systems. Consequently, consumers perceive bottled water as a safer and more dependable potable alternative. Concurrently, the escalating awareness of health-related issues propels an increasing preference among consumers for healthier beverage choices. Bottled water, often promoted for its purity and safety, resonates with the evolving inclination towards healthier lifestyles, supplanting traditional sugary beverages.

Urbanization emerges as another pivotal determinant. Swift urban expansion precipitates a heightened demand for accessible and portable hydration solutions. Amidst bustling urban settings, bottled water garners significant traction owing to the imperative for convenient access to potable water while on the move. Furthermore, as disposable incomes rise among consumers, there is a discernible trend towards premium bottled water brands offering augmented health benefits, such as mineral-infused or vitamin-enhanced variants.

The report offers a comprehensive evaluation of the Ghana bottled water market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as product type, pack type, and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the bottled water industry.

Market Segmentation

The bottled water market in Ghana is classified into the following segments:
Product type: still water, sparkling water, functional and flavored water
Pack type: glass bottles, rigid plastic bottles, others
Distribution channel: convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, HoReCa, e-commerce, others

The Ghana bottled water market is segmented on the basis of product type, pack type, and distribution channel. By product type, the bottled water market in Ghana has been segmented into still water, sparkling water, and functional and flavored water. Based upon pack type, the bottled water market in Ghana is categorized into glass bottles, rigid plastic bottles, and others. On the basis of distribution channel, the bottled water market in Ghana has been segmented into convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, HoReCa, e-commerce, and others.

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players Blow Chem Industries Ltd., Kasapreko Company Limited (KCL), Monarch Beverage Company, Special Ice Company Limited, Standard Beverages Gh., The Coca-Cola Company.

The report presents a detailed analysis of the Ghana bottled water market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Ghana bottled water market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Ghana bottled water market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Ghana bottled water market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.

Table of Contents

TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewGhana bottled water market – product type analysis
Ghana bottled water market – pack type analysis
Ghana bottled water market – distribution channel analysis
Key players and market share
– Blow Chem Industries Ltd.
– Kasapreko Company Limited (KCL)
– Monarch Beverage Company
– Special Ice Company Limited
– Standard Beverages Gh.
…
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Ghana bottled water market 2019-2029
Chart Ghana bottled water market, net growth, 2019-2029
Chart Ghana bottled water market, growth rates, 2019-2029
Table Ghana bottled water market by product type, 2019-2029
Chart Ghana bottled water market by product type, CAGR historic and forecast, 2019-2029
Chart Ghana bottled water market by product type, 2019-2029
Table Ghana bottled water market by pack type, 2019-2029
Chart Ghana bottled water market by pack type, CAGR historic and forecast, 2019-2029
Chart Ghana bottled water market by pack type, 2019-2029
Table Ghana bottled water market by distribution channel, 2019-2029
Chart Ghana bottled water market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Ghana bottled water market by distribution channel, 2019-2029
Table Ghana bottled water market share (%), by companies, 2019-2023
Chart Ghana bottled water market, by companies, 2023
Table Ghana bottled water market share (%), by brands, 2019-2023
Chart Ghana bottled water market, by brands, 2023
Table Ghana – population (millions) and forecast
Table Ghana – consumer price index (CPI) and forecast
Table Ghana – gross domestic product and forecast
Table Ghana bottled water market: spend as a proportion of GDP (%)
Table Ghana bottled water market: consumption per capita (population)