Asia: Bottled Water Market 2024

Bottled Water Market Size in Asia

The Asian bottled water market stood at $X in 2022, remaining stable against the previous year. Overall, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Bottled Water Production in Asia

In value terms, bottled water production amounted to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Bottled Water Exports

Exports in Asia

Bottled water exports rose remarkably to X litres in 2022, picking up by X% on 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. The volume of export peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, bottled water exports stood at $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

China was the main exporting country with an export of around X litres, which recorded X% of total exports. Turkey (X litres) held the second position in the ranking, followed by Thailand (X litres), Georgia (X litres) and Indonesia (X litres). All these countries together took near X% share of total exports. The following exporters - the United Arab Emirates (X litres) and Malaysia (X litres) - each accounted for an X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to bottled water exports from China stood at X%. At the same time, Thailand (X%), Indonesia (X%), Georgia (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. The United Arab Emirates experienced a relatively flat trend pattern. By contrast, Malaysia (X%) illustrated a downward trend over the same period. Thailand (X p.p.), Indonesia (X p.p.), Georgia (X p.p.) and Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates, Malaysia and China saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest bottled water supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Georgia ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

In China, bottled water exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Georgia (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in Asia stood at $X per litre in 2022, with a decrease of X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the export price increased by X%. The level of export peaked at $X per litre in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per litre), while Indonesia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced mixed trends in the export price figures.

Bottled Water Imports

Imports in Asia

In 2022, overseas purchases of bottled waters increased by X% to X litres, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, bottled water imports expanded remarkably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Hong Kong SAR (X litres) was the main importer of bottled waters, making up X% of total imports. Singapore (X litres) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Israel (X%), Japan (X%), South Korea (X%), Kuwait (X%), China (X%) and the United Arab Emirates (X%). Macao SAR (X litres), Oman (X litres), Kazakhstan (X litres) and the Philippines (X litres) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to bottled water imports into Hong Kong SAR stood at X%. At the same time, the Philippines (X%), South Korea (X%), Israel (X%), Kuwait (X%), China (X%), Kazakhstan (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. Macao SAR, Singapore and Oman experienced a relatively flat trend pattern. By contrast, Japan (X%) illustrated a downward trend over the same period. South Korea (X p.p.), Israel (X p.p.), Kuwait (X p.p.), China (X p.p.), the Philippines (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore and Japan saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported bottled waters in Asia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Japan, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Hong Kong SAR amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per litre, stabilizing at the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per litre in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per litre), while Israel ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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