Bottled Water Production in Canada - Industry Market Research Report

Bottled up: Continued growth in bottled water demand among downstream retail outlets will support industry growth

The industry has expanded along with consumer demand for bottled water despite broader economic disruptions due to the coronavirus pandemic. The industry has benefited from increases in disposable income and the falling popularity of sugary, high-calorie beverages. Bottled water production has increased at a CAGR of 3.0% to $817.7 million over the past five years, including a 2.8% rise in 2023, when profit will reach 8.4%. Operators in this industry purify and bottle water into plastic bottles for retail. Bottles are capped and labelled before being sold to wholesalers or directly to retailers. Companies in this industry typically have a variety of water offerings, including spring water, mineral water, sparkling water and flavoured water in a range of sizes. This industry includes ice manufacturing, but does not include any beverage production operations other than water varieties. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.