Guatemala Bottled Water Market 2024

$ 250

Description


Market Overview

The latest analysis predicts bottled water market in Guatemala will grow from USD 1,453 million in 2023 to USD 1,958 million by 2029, achieving a CAGR of 5.1 percent, according to the latest edition of the Bottled Water Market in Guatemala Report. Concerns over water quality are one of the primary drivers of growth in the bottled water market. Despite significant improvements in water treatment infrastructure, many consumers still perceive tap water as unsafe due to potential contamination from industrial pollutants, agricultural runoff, and aging municipal systems. These safety concerns drive the demand for bottled water, which is viewed as a more reliable and safer option.

Health and wellness trends are also crucial in shaping the country’s bottled water market. With the expansion of the middle class and increasing disposable incomes, consumers are becoming more health-conscious, seeking products that align with a healthy lifestyle. Bottled water, often marketed as pure and free from contaminants, fits well within this trend, making it a more popular choice compared to sugary or artificially flavored beverages.

Urbanization plays a significant role as well. Rapid urban development has led to a lifestyle that highly values convenience. Bottled water provides a convenient and portable hydration solution for the urban population, which is particularly important in busy metropolitan areas where easy access to clean drinking water is essential, leading to high demand for bottled water.

Economic growth and rising incomes further drive market expansion. As more people can afford premium products, there is a noticeable shift towards higher-quality bottled water brands that promise additional health benefits, such as mineral water or water enhanced with vitamins.

The report provides a comprehensive overview of the Guatemala bottled water industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as product type, pack type, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the bottled water industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the bottled water industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.


Market Segmentation

The bottled water market in Guatemala is segmented as below:
Product type: still water, sparkling water, and functional and flavored water
Pack type: glass bottles, rigid plastic bottles, and others
Distribution channel: convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, HoReCa, e-commerce, and others

The Guatemala bottled water market is segmented on the basis of product type, pack type, and distribution channel. On the basis of product type, the bottled water market in Guatemala has been segmented into still water, sparkling water, and functional and flavored water. By pack type, the bottled water market in Guatemala has been segmented into glass bottles, rigid plastic bottles, and others. Based on distribution channel, the bottled water market in Guatemala is categorized 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 AJE Group, Fabrica De Bebidas Gaseosas Salvavidas S.A., PepsiCo Inc., The Coca-Cola Company.

The report is an indispensable tool for companies and organizations operating in the bottled water industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the bottled water market.


Why Buy This Report?

Provide statistical data or estimations for the Guatemala bottled water market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the bottled water market in Guatemala
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the bottled water market in Guatemala looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities


Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Guatemala Bottled Water Market – Product Type Analysis
3.1 Still water
3.2 Sparkling water
3.3 Functional and flavored water
4. Guatemala Bottled Water Market – Pack Type Analysis
4.1 Glass bottles
4.2 Rigid plastic bottles
4.3 Others
5. Guatemala Bottled Water Market – Distribution Channel Analysis
5.1 Convenience and forecourt stores
5.2 Supermarkets and hypermarkets
5.3 Small grocery stores
5.4 HoReCa
5.5 E-commerce
5.6 Others
6. Company Profiles
6.1 AJE Group
6.2 Fabrica De Bebidas Gaseosas Salvavidas S.A.
6.3 PepsiCo, Inc.
6.4 The Coca-Cola Company
DISCLAIMER


Companies Mentioned

AJE Group
Fabrica De Bebidas Gaseosas Salvavidas S.A.
PepsiCo, Inc.
The Coca-Cola Company


Additional information

Product Type

Industry Statistics

Release Date

April 2024

Base Year

2023

Forecast Period

2024-2029

Market Size

USD 1453.1 million in 2023

Market Segments

Product Type, Pack Type, Distribution Channel

Region

Guatemala

No. of Companies Mentioned

4