Mexico Bottled Water Market Report and Forecast 2024-2032

Mexico Bottled Water Market Outlook 

The Mexico bottled water market size reached USD 17.20 billion in 2023. The market is projected to grow at a CAGR of 3.9% between 2024 and 2032, reaching almost USD 24.27 billion by 2032.

Key Takeaways

• Mexico is the topmost per capita consumer of bottled water in the world.

• 57% of Mexicans lack access to safe drinking water, driving the Mexico bottled water market growth.

• The 21 million inhabitants of Mexico City have made it the biggest bottled water consumer after China and the USA.

Increasing population size and ageing water infrastructure have contributed to a severe shortage of water in major cities, like Mexico City. While underground water systems and aquifers constitute a major source of water supply, rapid urbanisation, and climate change have increased the stress handled by water infrastructure. This is prompting companies to upscale the production of bottled water, which is more often regarded as a healthier alternative as compared to tap water.

The incorporation of functional elements that enhance the flavour and quality of water like Vitamin C and Vitamin B is also witnessing rapid growth, which is further expected to drive the Mexico bottled water market expansion.

Innovations in packaging are garnering increasing consumer appeal in Mexico. Rising environmental consciousness among consumers is prompting a shift towards canned bottled water in Mexico, which is aiding the market growth. Cans offer several benefits for manufacturers of bottled water. They not only support branding and labelling efforts but also provide increased convenience and flexibility to consumers in terms of consumption. Moreover, cans can be recycled easily, which makes them a popular packaging choice. Thus, the use of sustainable materials for distributing beverages is expected to drive the Mexico bottled water market growth. 

Market Segmentation

Mexico 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

Market Breakup by Region

• Baja California

• Northern Mexico

• The Bajío

• Central Mexico

• Pacific Coast

• Yucatan Peninsula

The key Mexico bottled water market players are Danone S.A., The Coca-Cola Company, PepsiCo, Inc., Nestlé SA, Keurig Dr Pepper Inc., Agua, Vida Y Nutrición, S.A. De C.V., and The Keith Corporation, among others.

Key Highlights of the Report