Spring water market seen nearly doubling by 2031

Allied Market Research says the global spring water market was worth $210.7 billion in 2021 and could reach $465.2 billion by 2031, driven by health awareness, urbanization and demand for packaged water. The report flags bottled water as the current leader, canned packaging as a greener alternative and online retail as a fast-growing sales channel.

Why it matters: - The spring water market is projected to add more than $254 billion in value by 2031, signaling sustained demand for packaged drinking water. - Growth is tied to health concerns, water shortages, urbanization and consumer interest in cleaner and safer drinking water. - Packaging and retail channel shifts could reshape how spring water is sold over the next decade.

What happened: - Allied Market Research published a forecast report on the global spring water market covering 2021 to 2031. - The market was valued at US$ 210.7 billion in 2021 and is forecast to reach US$ 465.2 billion by 2031. - The report puts the compound annual growth rate at 8.7%. - The study covers packaging type, distribution channel and regional performance.

The details: - Bottled spring water dominated the market in 2021. - Bottled formats benefit from an unopened shelf life, rising awareness of health benefits and higher per-capita spending on premium bottled water. - Canned spring water is emerging as an eco-friendly alternative. - Hypermarkets and supermarkets are expected to grow fastest during the forecast period. - Online retail is expanding on e-commerce adoption and demand for home delivery. - The report analyzes North America, Europe, Asia-Pacific and LAMEA. - Europe was the largest market in 2021. - Germany held the biggest share in Europe, while the UK was the region’s fastest-growing market. - North America is supported by high per-capita bottled water consumption and demand for premium mineral water. - Asia-Pacific is growing on industrialization, urbanization and weak water supply management in some areas. - LAMEA demand is being lifted by limited access to clean drinking water in parts of the region and rising health awareness. - The report profiles Orient Beverages Pvt. Ltd. (Bisleri International Pvt. Ltd.), CG Roxane, Nestlé S.A., PepsiCo, Ten Spring Water, The Coca-Cola Company (Valpre), Danone (Evian), 3 Spring Water, Mountain Valley Spring Water (Primo Water Corp.) and Tata Consumer Products Limited (Himalayan). - The report also examines extraction, purification, bottling and canning, packaging material suppliers, brand owners, retailers and end consumers. - The study includes food safety rules, quality frameworks, ESG trends, plastic disposal concerns and eco-friendly packaging innovation. - A sample copy is available here. - The report can also be purchased here. - Purchase inquiries are available here.

Between the lines: - The forecast suggests spring water remains a defensive category, helped by health positioning and basic utility demand. - Canned packaging and online retail point to a broader shift toward sustainability and convenience. - Pressure on plastic bottles could accelerate packaging changes even as bottled products remain the market anchor.

What's next: - Allied Market Research expects continued growth through 2031 across packaging, channels and regions. - Future competition is likely to center on eco-friendly materials, premium positioning and geographic expansion. - Regulatory scrutiny on bottled water packaging and plastic waste may shape product design and investment decisions. - Related studies are available for the pure coconut water market and flavored water market.