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$HIRU *Market News* 'Growing Thirst for Bottled Water in the US'

Bottled water reaches new peaks in revenue and volume: 15.9 billion total gallons sold in 2022 was the highest ever as sales approached $46 billion.



Rick Lingle | May 23, 2023

Americans are drinking more than ever, at least for the most basic of packaged liquids, bottled water. In fact, when it comes to hydration, US consumers would rather reach for bottled water than for a faucet.

According to new data from the Beverage Marketing Corp. (BMC), bottled water reached new peaks in both volume consumed and sales in 2022 in the US.

Bottled water’s total volume sold in 2022 was 15.9 billion gallons, its highest volume ever, surpassing carbonated soft drinks for the seventh year in a row. In terms of retail dollars, 2022 sales approached $46 billion, up from $40.8 billion in 2021.

“Numerous qualities account for bottled water’s unceasing resonance with US consumers, including its associations with healthfulness, convenience, safety, and value,” says John G. Rodwan, Jr., BMC’s editorial director. “Consumers’ thirst for beverages that offer benefits beyond refreshment alone also contributed to the fundamental hydrating beverage’s rise in the beverage standings. Bottled water’s zero-calorie status and its lack of artificial ingredients appeal to many consumers. Even where tap water may be safe and readily available, people may prefer bottled water, which they often believe tastes better.”

For more than a decade, consumers have been increasingly choosing bottled water instead of less-healthy packaged drinks. Bottled water’s volume surpassed soft drinks for the first time in 2016 and has done so every year since.

Americans consumed, on average, 46.5 gallons of bottled water in 2022, compared to 36 gallons of soda. Consumer demand for bottled water has significantly contributed to the industry’s growth (30% since 2012), as people continue to switch from other less-healthy packaged drinks to bottled water. So much so, that nine out of 10 Americans (91%) want bottled water to be available wherever other drinks are sold, according to a survey conducted on behalf of the International Bottled Water Association (IBWA) by The Harris Poll.

continued:Growing Thirst for Bottled Water in the US