Chile Bottled Water Market Report and Forecast 2024-2032

Chile Bottled Water Market Outlook

The Chile bottled water market size was approximately USD 1.71 billion in 2023. The market is estimated to grow at a CAGR of 5.10% between 2024 and 2032, reaching a value of USD 2.68 billion by 2032.

Key Takeaways

• Due to the increasing consumer focus on health and well-being, the demand for nutrient-enriched water and functional water is increasing across the country.

• Bottled water companies are increasingly adopting eco-friendly packaging to cater to the rising demand of sustainability, consequently meeting the needs of environmentally aware consumers and advocating for a greener planet.

• Chile is widely recognised as a favoured spot for tourists, and the tourism sector plays a significant role in the consumption of bottled water, as visitors frequently opt for it due to its convenience and high-quality.

The Chile bottled water market growth is influenced by the heightened awareness regarding waterborne illnesses and a subsequent demand for high-quality beverage products. The increasing popularity of sports activities and road trips is also contributing to the growing demand for bottled water. Additionally, the continuous expansion of the tourism sector is driving the sales of bottled water in Chile.

A wide range of options are available in the bottled water market, offering different flavours and textures to consumers, and these are easily accessible through both on-trade and off-trade channels. With the increasing consumer preference for natural products, the preference for natural spring water is expected to increase in the coming years. Spring water offers a clean and crisp taste initially, accompanied by a distinctive aftertaste.

Bottled water companies are currently striving to lessen their environmental footprint by integrating sustainable packaging into the product. This includes utilising lighter and environmentally friendly materials like biodegradable plastics and recycled PET bottles to decrease the adverse impacts associated with traditional packaging like disposable plastic bottles, consequently driving up the Chile bottled water market share.

The key players in the market are currently prioritising sustainability by incorporating eco-friendly packaging and relatively sustainable production methods. For instance, Nestle, one of the key market players, has already made all their water bottles recyclable in Chile, and they have committed to increasing the usage of recycled content in these bottles to 50% by 2025.

Market Segmentation

Chile Bottled Water Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Spring Water

• Purified Water

• Mineral Water

• Sparkling Water

• Others

Market Breakup by Distribution Channels

• Off-Trade
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Grocery Stores
  • Others

• On-Trade

Competitive Landscape

The market participants are increasingly investing in product marketing and are adopting sustainable production methods like eco-friendly packaging to widen their market share.

• Nestlé SA

• Danone S.A.

• The Coca-Cola Company

• CCU SA

• Agua Mineral Puyehue S.A.

• APSU Origin Water

• Others

Key Highlights of the Report