Ecuador Bottled Water Market Report and Forecast 2024-2032

Ecuador Bottled Water Market Size

The Ecuador bottled water market reached a value of approximately USD 0.72 billion in 2023. The market is projected to grow at a CAGR of 5.90% between 2024 and 2032, reaching a value of around USD 1.21 billion by 2032.

Ecuador Bottled Water Market Outlook

• In 2022, the population of Ecuador was 18,001,000, an increase of 1.14% from 2021.

• As per industry reports, Ecuadorians consume approximately 1,560 million litres of non-alcoholic beverages each year.

• Many Ecuadorian consumers are shifting to bottled water from other soft drinks due to health concerns over artificial ingredients and high sugar levels.

Ecuador Bottled Water Market Growth

Ecuador is among the largest bottled water consumers across the globe. On average, an Ecuadorian purchases 134 small bottles (500 ml) per annum. Moreover, according to a report by the United Nations, Ecuadorians consume 67 litres of bottled water each year. The presence of strong heat waves and the rising influx of tourists to the country have been contributing to Ecuador bottled water market growth. In 2022, Ecuador witnessed the arrival of inbound tourists of more than 1.2 million. The exact number of inbound tourists in 2022 was 1,237,445, compared to 600,594 in the previous year.

As of April 2024, Ecuador has a total of 2656 Supermarkets. The wide availability of various brands and the convenience offered by supermarkets and hypermarkets are increasing their overall market share. Furthermore, the country is witnessing the expansion of mass consumption chains, resulted by an aggressive expansion strategy, increasing the availability of products, such as bottled water to consumers. The consumer goods sector experienced a 10% increase in the value of Ecuadorian consumers shopping baskets as compared to 2020.

Ecuador Bottled Water Industry Segmentation

Ecuador 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 Channel

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

Ecuador Bottled Water Market Share

The increasing trend of consuming healthy and low-sugared beverages and the importance of safety in water consumption is resulting in the high demand for purified water. In Ecuador, the clean water access in 2022 was 67.09%, a 0.04% increase from 2021. P ackaged water, piped water, boreholes or tubewells, protected dug wells, and protected springs are sources that play a crucial role in ensuring access to purified water for the Ecuador population.

Leading Manufacturers in Ecuador Bottled Water Market

Market players are deploying solid execution at the point of sale, introducing efficient price-packaging initiatives and encouraging operational discipline further increasing their sales

• The Coca-Cola Company 

• Pure Glacier Purified Water

• Refrescos SIN GAS SA RE.S.GA.SA 

• Grupo Embotellador ATIC S.A

• Agua San Felipe 

• Vilcagua 

• ACQUASPLENDOR S.A.

• Others

Key Highlights of the Report