U.S. and Canada Premium Bottled Water Market 2030: Sparkling Water's Rapid Growth
U.S. And Canada Premium Bottled Water Market Growth & Trends The U.S. and Canada premium bottled water market is expected to reach USD 10.79 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 7.6% from 2023 to 2030. The rising income of the citizens, increasing number of adults moving to cities, and surging number of working families seeking convenience are a few factors that are contributing to the market growth. Better market access due to trade liberalization and infrastructure improvements have increased the year-round access to premium bottled water in the U.S. With rising digitalization, increasing penetration of smartphones, and growing access to the internet, businesses are gradually shifting from brick-&-mortar stores to e-commerce platforms. Manufacturers are showcasing their products across online platforms, such as company-owned portals and e-retailing, to expand product visibil...