Taiwan Bottled Water Market 2024

Description

The bottled water market in Taiwan was estimated at USD 963 million in 2023 and is expected to hit USD 1,625 million by 2029, registering a CAGR of 9.1% from 2024 to 2029 as per the latest market estimates. Increasing awareness of health and wellness is a significant market driver, as consumers shift from sugary beverages like sodas to healthier alternatives. Bottled water is widely perceived as a healthier option, enhancing its market appeal.

Product innovation plays a pivotal role in attracting a broader audience. The introduction of flavored water, water enhanced with vitamins and minerals, and environmentally friendly packaging solutions has diversified the product offerings. Additionally, innovative packaging such as resealable bottles and the use of recycled materials resonate well with eco-conscious consumers.

Aggressive marketing strategies by major bottled water companies are also crucial in driving market growth. These strategies often emphasize the purity, source, and health benefits of their products. Moreover, endorsements and sponsorships in sports and events significantly boost the visibility and appeal of bottled water brands.

The report delivers an in-depth analysis of the Taiwan bottled water industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, pack type, and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the bottled water market.

Market Segmentation

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

Competitive Landscape

The Taiwan bottled water market is highly competitive. Some of the leading companies operating in the market are Danone S.A., King Car Food Industrial Co. Ltd., Nestle S.A., Tai Hua Food Industries Pte Ltd., Taisun Company (Uni Dry), Taiyen Biotech Co. Ltd., The Coca-Cola Company, Uni-President Enterprises Corporation, Vedan Enterprise Corporation, Vitalon Foods Co. Ltd., Young Energy Source Co. Ltd.

This report delivers an in-depth breakdown of key players within the Taiwan bottled water market, outlining their performance from 2019 through 2023. The data reveals significant shifts in market share, highlighting both dominant players and emerging competitors. Armed with this information, businesses can sharpen their competitive edge, adjusting their strategies to navigate a shifting market landscape and positioning themselves for long-term growth.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Taiwan bottled water market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Taiwan bottled water market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Taiwan 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 overviewTaiwan bottled water market – product type analysis
Taiwan bottled water market – pack type analysis
Taiwan bottled water market – distribution channel analysis
Key players and market share
– Danone S.A.
– King Car Food Industrial Co., Ltd.
– Nestle S.A.
– Tai Hua Food Industries Pte Ltd.
– Taisun Company (Uni Dry)
…
Macroeconomic data and forecast
Disclaimer

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