Myanmar Bottled Water Market 2024

Description

The bottled water market in Myanmar is likely to register a CAGR of over 7.9% with an incremental growth of USD 63.2 million during the forecast period 2024-2029. Concerns over water quality are a significant driver of the market. Despite improvements in water treatment infrastructure, many regions in the country still face unreliable and unsafe tap water due to industrial pollutants, agricultural runoff, and inadequate municipal systems. This situation leads consumers to view bottled water as a safer and more reliable drinking option. With increasing health awareness, more consumers are opting for healthier beverages. Bottled water, often marketed as pure and safe, aligns with the growing preference for healthier lifestyles over sugary drinks.

Urbanization is another critical factor. Rapid urban development has increased the demand for convenient and portable hydration solutions. In bustling urban environments, bottled water is particularly popular due to the need for accessible drinking water on the go. As more consumers can afford premium products, there is a noticeable shift towards high-quality bottled water brands that offer additional health benefits, such as mineral water or water enhanced with vitamins.

Moreover, tourism has also driven the growth of the bottled water market. Tourists, often concerned about local water safety, tend to prefer bottled water. This steady influx of tourists sustains continuous demand.

This report provides a thorough assessment of the Myanmar bottled water industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, pack type, and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the bottled water industry.

Market Segmentation

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

Competitive Landscape

As of 2023, the major players in the Myanmar bottled water market were Consumer Goods Myanmar Limited (CGM), Loi Hein Company Limited, SamPar Oo Industries Co. Ltd., The Coca-Cola Company.

This report provides a comprehensive analysis of the key players in the Myanmar bottled water market, along with their performance from 2019 to 2023. By utilizing this data, businesses can gain a deeper understanding of market dynamics, including shifts in market share, the identification of leading players, and the rise of emerging companies. This information equips firms with a strategic advantage in a competitive landscape, enabling them to refine their market strategies and make informed, long-term decisions.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Myanmar bottled water market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Myanmar bottled water market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Myanmar 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 overviewMyanmar bottled water market – product type analysis
Myanmar bottled water market – pack type analysis
Myanmar bottled water market – distribution channel analysis
Key players and market share
– Consumer Goods Myanmar Limited (CGM)
– Loi Hein Company Limited
– SamPar Oo Industries Co., Ltd.
– The Coca-Cola Company
Macroeconomic data and forecast
Disclaimer

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