Bottled Water - Central Asia

Central Asia

Highlights

Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Bottled Water market amounts to US$1.02bn in 2024.
Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$127.20m in 2024.
Revenue, combined amounts to US$1.15bn in 2024.
The revenue, at home is expected to grow annually by 6.63% (CAGR 2024-2029).
In global comparison, most revenue, at home is generated China (US$63bn in 2024).
In relation to total population figures, the average revenue per capita, at home of US$12.90 are generated in 2024.
In the Bottled Water market, volume, at home is expected to amount to 2.80bn L by 2024.
Volume, out-of-home is expected to amount to 88.21m L in 2024.
Volume, combined is expected to amount to 2.88bn L in 2024.
The Bottled Water market is expected to show a volume growth, at home of 0.9% in 2025.0.
The average volume per person, at home in the Bottled Water market is expected to amount to 35.27L in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Bottled Water market in Central Asia has been experiencing significant growth in recent years, driven by changing customer preferences, emerging trends, and local special circumstances.

Customer preferences: Customers in Central Asia are increasingly opting for bottled water over other beverages due to concerns about water quality and safety. Bottled water is seen as a healthier and more convenient alternative to tap water, especially in areas where access to clean drinking water is limited. Additionally, the growing awareness of the environmental impact of single-use plastic bottles has led to a shift towards eco-friendly packaging options such as biodegradable bottles or refillable containers.

Trends in the market: One of the key trends in the Bottled Water market in Central Asia is the rising demand for flavored and functional waters. Customers are seeking products that offer additional health benefits or unique flavors, such as vitamin-enhanced water or infused waters with natural ingredients like fruits or herbs. This trend is driven by the increasing focus on health and wellness, as well as the desire for more variety in beverage options. Another trend in the market is the growing popularity of premium and luxury bottled water brands. Affluent consumers are willing to pay a premium for high-quality water sourced from pristine locations or with unique mineral compositions. These premium brands often emphasize their exclusivity and offer a premium drinking experience, appealing to consumers who value status and sophistication.

Local special circumstances: Central Asia is a region with diverse geographical and climatic conditions, ranging from arid deserts to mountainous regions. This diversity creates unique challenges and opportunities for the Bottled Water market. In areas with limited access to clean water sources, bottled water becomes an essential commodity. Additionally, the region's natural mineral springs and glaciers provide opportunities for the production of premium bottled water brands that capitalize on the purity and uniqueness of these water sources.

Underlying macroeconomic factors: The growing middle class in Central Asia, coupled with increasing disposable incomes, has contributed to the growth of the Bottled Water market. As people's purchasing power increases, they are more willing to spend on premium products and healthier alternatives. Additionally, rapid urbanization and changing lifestyles have led to a shift towards on-the-go consumption, further driving the demand for bottled water. Furthermore, the tourism industry plays a significant role in the Bottled Water market in Central Asia. The region is home to several popular tourist destinations, attracting both domestic and international visitors. Tourists often prefer bottled water as a safe and convenient option, leading to increased demand during peak travel seasons. In conclusion, the Bottled Water market in Central Asia is experiencing growth due to changing customer preferences, emerging trends, and local special circumstances. The demand for bottled water is driven by concerns about water quality and safety, as well as the desire for healthier and more convenient beverage options. Additionally, the region's diverse geography and growing middle class contribute to the market's expansion.

Data coverage:

The data encompasses B2C enterprises. The at-home market covers retail sales via super- and hypermarkets, eCommerce, convenience stores, or similar sales channels. The out-of-home data encompasses all sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on Non-Alcoholic Drinks, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Non-Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.