Call Us Today! (616) 791-2025

Share

The Increased Demand For Bottled Water

For most people, the idea of a vending machine likely conjures up images of soft drinks or rows of candy. But as consumers lean more towards healthier options, you’ll need to rethink the products you choose for the vending machines in your office, and that includes bottled water.

According to Grand View Research, the global bottled water market size was valued at more than $200 billion in 2020. That number is expected to grow even further during the next decade, and forecasted revenue in 2028 is expected to surpass $500 billion. 

Water is vital for a healthy human body, as it helps flush out waste, regulates body temperature, maintains brain function, produces saliva, protects tissues and joints, aids in nutrient absorption and digestion, improves blood oxygen circulation, boosts energy, optimizes cognitive functions, and helps keep youthful and supple skin. Studies have also found that water is effective in treating certain medical conditions like constipation, kidney stones, hypertension, and asthma.

Sales of bottled water is driven by a couple different key factors, including an increasing demand and the rising scarcity of fresh and pure drinking water around the world. Drinkers also trust bottled water, thanks in part to stringent labelling regulations that give consumer confidence in bottled water.

In terms of market share, purified bottled water makes up over one-third global bottled water products, edging out other products such as mineral water and spring water. However, sparkling water is expected to be the fastest growing segment, increasing by over 10 percent between 2021 and 2028. The rise in sparkling water has been attributed to its health advantages, and the shift in consumer preference to healthy drinks.

Installing a bottled water vending machines offers huge advantages, including a relatively inexpensive alternative to sugary drinks. For more information on how J. Bos Vending Service can help provide bottled water and other healthy vending options, call J. Bos Vending Service at (616) 791-2025. 

Our mission is to provide an unsurpassed selection of quality vending service offerings at fair prices for the benefit of your organizations employees, clients and guests.

Share this post

More Articles