Vietnam bottled water market stood at USD 482.53 Million in 2019 and is projected to grow at a CAGR of around 13.49% to reach USD 986.36 million by 2025. In Vietnam, consumption of bottled water is witnessing a rapid increase, owing to growing concerns about harmful effects of consuming unclean water.https://bit.ly/3qC7wBQ

1. MARKET INTELLIGENCE . CONSULTING
www.techsciresearch.com
2015 – 2025
VIETNAM BOTTLED WATER MARKET
FORECAST AND OPPORTUNITIES
Published: October 2020

2. © TechSci Research
2
© TechSci Research 2
S. No. Contents
1. Bottled Water Market : Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
4.1. Brand Awareness
4.2. Preferred Point of Purchase
4.3. Willingness to Spend
4.4. Factors Influencing Purchase Decision
5. Vietnam Bottled Water Market Overview
6. Vietnam Bottled Water Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product Type (Still Bottled Water, Carbonated Bottled Water, Flavored Bottled
Water, Functional Bottled Water and Others)
6.2.2. By Packaging Material (Plastic, Glass and Others)
6.2.3. By Pack Size (≤330 ml, 331ml – 500ml, 501ml – 1000 ml, 1001ml - 1500ml and
Greater than 1501ml)
6.2.4. By Origin (Domestic Vs. Imported)
6.2.5. By Distribution Channel (Supermarket/Hypermarket, Convenience/Drug Store,
HORECA, Independent Grocery Stores, E-retailers)
6.2.6. By Region (North Vietnam, Central Vietnam and South Vietnam)
6.2.7. By Company
Table of Contents

3. © TechSci Research
3
© TechSci Research 3
S. No. Contents
6.3. Market Attractiveness Index (By Product Type, By Packaging Material, By Pack Size, By Origin,
By Distribution Channel and By Region)
7. Vietnam Still Bottled Water Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Packaging Material
7.2.2. By Pack Size
7.2.3. By Origin
7.2.4. By Distribution Channel
7.2.5. By Region
7.3. Pricing Analysis
8. Vietnam Carbonated Bottled Water Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Packaging Material
8.2.2. By Pack Size
8.2.3. By Origin
8.2.4. By Distribution Channel
8.2.5. By Region
8.3. Pricing Analysis
Table of Contents

4. © TechSci Research
4
© TechSci Research 4
S. No. Contents
9. Vietnam Functional Bottled Water Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Packaging Material
9.2.2. By Pack Size
9.2.3. By Origin
9.2.4. By Distribution Channel
9.2.5. By Region
9.3. Pricing Analysis
10. Vietnam Flavored Bottled Water Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Packaging Material
10.2.2. By Pack Size
10.2.3. By Origin
10.2.4. By Distribution Channel
10.2.5. By Region
10.3. Pricing Analysis
Table of Contents

5. © TechSci Research
5
© TechSci Research 5
S. No. Contents
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Impact of COVID-19 on Bottled Water Market
13. Market Trends & Developments
14. Policy & Regulatory Landscape
15. Supply Chain Analysis
16. Vietnam Economic Profile
17. Competitive Landscape
17.1. Suntory PepsiCo Vietnam Beverage Company Ltd.
17.2. La Vie Vietnam Ltd.
17.3. Vinh Hao Mineral Water Joint Stock Company
17.4. Coca-Cola Beverages Vietnam Ltd.
17.5. Sai Gon Beverage Co., Ltd (SAPUWA)
17.6. Nam Viet Food & Beverages Co. Ltd.
17.7. Quang Ninh Mineral Water JSC
17.8. Tan Quang Minh Manufacturing and Trading Company Ltd. (BIDRICO)
17.9. Asia Food & Beverage Co., Ltd.
17.10. Rita Foods & Drinks Co., Ltd.
18. Strategic Recommendations
19. About Us & Disclaimer
Table of Contents

6. Product
Overview

7. 7
© TechSci Research 7
Scope of Report
Product of Interest (POI): Bottled Water
Review Period
2015 – 2018
Base Year
2019
Estimated Year
2020
Forecast Period
2021 – 2025
Year Range
BOTTLED WATER MARKET
ORIGIN
DISTRIBUTION CHANNEL
• Hypermarket / Supermarket
• Convenience / Drug Store
• HORECA
• Independent Grocery Stores
• E-retailers
PACKAGING MATERIAL
• Plastic
• Glass
• Others (Aluminum Can,
Tetra Pack, etc.)
• Domestic
• Imported
Market Segmentation
PRODUCT TYPE
• Still Bottled Water
• Carbonated Bottled Water
• Flavored Bottled Water
• Functional Bottled Water
• Others (Artesian Water,
Fluoridated Water, Deionized
Water, etc.)
Bottled water is treated to reduce contaminants and render it fit for human consumption. It is then packaged in food grade containers such as
polyethylene terephthalate (PET), polypropylene, glass bottles, aluminum cans, tetra pack, etc., and is termed as bottled water. Bottled water can be
segmented into several categories, like:
Still bottled water: Normal clean and safe drinking water packaged in food grade containers.
Carbonated bottled water: Carbonated water is prepared by infusion of carbon dioxide under pressure to produce carbonic acid intended to
neutralize the acidity and adding taste to the water packaged in food grade containers.
Flavored bottled water: Water containing natural or artificial food grade flavors, sugars and sweeteners packaged in food grade containers.
Functional bottled water: Water containing food grade additives such as vitamins, minerals, acids, herbs, raw fruit extracts, etc., that add extra
nutritional value to the plain water.
The market of Vietnam bottled water is expected to witness significant growth during the forecast period owing to the rising health awareness
among consumers. Additionally, factors such as economic growth, rising urbanization, increasing disposable income, growing consumer expenditure
on healthy food and beverages, among others are further expected to propel the market during the next five years.
PACK SIZE
• ≤330 ml,
• 331 ml – 500ml
• 501ml – 1000 ml
• 1001ml - 1500ml
• Greater than
1501ml
REGION
• North Vietnam
• Central Vietnam
• South Vietnam

8. 8
© TechSci Research 8
Research
Methodology

9. 9
© TechSci Research 9
Research Methodology
✓ Identifying Key Opinion
Leaders
✓ Questionnaire Design
✓ In-depth Interviews
Data
Collection
Developing list
of respondents
Formulating
Questionnaire
Market
Profiling
Data
Validation
Data
Analysis
In-depth secondary
research was conducted to
determine top players in
the bottled water market,
overall market size and
segmental market size.
In order to conduct
industry experts’
interviews, TechSci
formulated a detailed
discussion guide.
List of industry
players and industry
specialists was
developed.
TechSci conducted
interviews with
industry experts and
industry players for
data collection and
verification.
Data obtained as a
result of primary
and secondary
research was
validated through
rigorous
triangulation.
The data was scrutinized
using MS-Excel, statistical
tools and internal
proprietary database to
obtain qualitative and
quantitative insights about
the bottled water market.
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
Primary Research Desk Research Company Analysis
✓ Recent Developments
✓ Market Changing
Aspects/Dynamics
✓ Government Policies
✓ Final Conclusion
✓ Market Participants
✓ Key Strengths
✓ LinkedIn
✓ TechSci Internal
Database
✓ Factiva
✓ Hoovers
Paid Sources
✓ Company Websites
✓ Company Annual
Reports
✓ White Paper Study
✓ Financial Reports
✓ Investor
Presentations
✓ Regulatory Body
✓ Associations, etc.
Secondary
Research
Primary Research

10. 10
© TechSci Research 10
Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of Vietnam bottled water market. The team has analyzed the
outlook of various segments of this market, while considering the major influencing factors, such as scarcity of water and growing awareness towards
health & wellness. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to
achieve sustainability in Vietnam bottled water market.
Methodology Followed for Calculation of Market Size:
• Market Size, by Value: Market size, in terms of value, for the year 2019 was calculated based on information collected through exhaustive secondary
research and primary surveys, with various key opinion leaders/stakeholders, such as bottled water manufacturers, importers, suppliers, distributors
and industry experts.
• The team interviewed more than 15 manufacturers/suppliers/importers, 20 distributors/retailers and five industry experts in Vietnam bottled water
market to estimate the overall market size during 2015-2019, which was validated by the Delphi technique. Taking standard deviation into
consideration, the market size was averaged out, to arrive at the market size data for 2015-2019.
• Respondents were asked about the current and future market growth rates, market shares by product type, by packaging material, by pack size, by
origin, by distribution channel, by region and by company. Removing the outlier responses, the geometric mean of growth estimates and product
wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across
various segments were further triangulated from other stakeholders depending upon the type of bottled water.

11. 11
© TechSci Research 11
Research Methodology
Methodology Followed for Calculation of Market Shares:
• Market shares by product type, by packaging material, by pack size, by origin, by distribution channel, by region and by company were calculated
based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or
revenue generated from various types of bottled water. The final shares were calculated by taking the geometric mean of the responses gathered
from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in
SPSS/Tableau Software.
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Vietnam Bottled
Water market, TechSci Research used various forecast techniques such as:
✓ Moving Average
✓ Time Series Analysis
✓ Regression Analysis
✓ Econometric and Judgmental Analysis

12. 12
© TechSci Research 12
Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used
the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that
the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD),
with the market size indicated in USD million.
Partial List of Companies Interviewed Key Secondary Sources
▪ Suntory PepsiCo Vietnam Beverage
Company Ltd.
▪ La Vie Vietnam Ltd.
▪ Coca-Cola Beverages Vietnam Ltd.
▪ Vinh Hao Mineral Water Joint Stock
Company
▪ Sai Gon Beverage Co., Ltd (SAPUWA)
▪ Nam Viet Foods & Beverages Co. Ltd.
▪ Quang Ninh Mineral Water JSC
▪ Asia Food & Beverage Co., Ltd.
▪ Rita Foods & Drinks Co., Ltd.
▪ World Bank
▪ TechSci Research Proprietary Database & Knowledge
Repository
▪ Company Annual Reports
▪ Industry Magazines
▪ Industry Reports
▪ News Dailies
▪ Credible Paid Databases

13. 13
© TechSci Research 13
Industry Brief
According to TechSci Research report, “Vietnam Bottled Water Market By Product Type (Still Bottled Water, Carbonated Bottled Water, Flavored
Bottled Water, Functional Bottled Water and Others), By Packaging Material (Plastic, Glass and Others), By Pack Size (≤330 ml, 331 ml – 500ml, 501ml
– 1000 ml, 1001ml - 1500ml and Greater than 1501ml), By Origin (Domestic Vs. Imported), By Distribution Channel (Supermarket/Hypermarket,
Convenience/Drug Store, HORECA, Independent Grocery Stores, E-retailers), By Region (North Vietnam, Central Vietnam and South Vietnam),
Competition, Forecast & Opportunities, 2015 – 2025”, Vietnam bottled water market stood at USD 482.53 Million in 2019 and is projected to grow at a
CAGR of around 13.49% to reach USD 986.36 million by 2025 on account of deteriorating water quality in many areas of the country, which is resulting
in increasing demand for safe and clean drinking water. Moreover, majority of the population remains short of getting access to clean water, owing to
rapidly growing population and increasing urbanization rate. Though this demand is partially fulfilled by municipal water supply, it is expected to result in
huge demand for bottled water in Vietnam during the forecast period.
Over the past few years, people have become increasingly concerned about their health and hygiene. Owing to rising health risks due to the
consumption of contaminated water, awareness among people about the health benefits of clean and safe bottled water is growing in Vietnam. Still
mineral bottled water demand is experiencing high year-on-year growth rate in the country. Moreover, young population is becoming more inclined
towards functional water, owing to its health benefits due to growing health awareness, and consequently, bottled water business is expected to bloom
in Vietnam in the coming years.
Growing population coupled with increasing urbanization rate in Vietnam is resulting in pressure for the supply of clean and safe drinking water, which
is partially fulfilled by municipal water supply, thereby creating an opportunity for still bottled water manufacturers and suppliers to reach the masses.
Moreover, water treatment plants are not sufficient to meet the demand for drinking water supply in many areas of Vietnam. Additionally, increasing
awareness regarding the health benefits of consuming safe and clean drinking water is anticipated to propel the demand for still bottled water in
Vietnam.
Some of the major players operating in Vietnam bottled water market are Suntory PepsiCo Vietnam Beverage Company Ltd., La Vie Vietnam Ltd.,
Coca-Cola Beverages Vietnam Ltd., Vinh Hao Mineral Water Joint Stock Company, Sai Gon Beverage Co. Ltd (SAPUWA), Nam Viet Food &
Beverages Co. Ltd., Quang Ninh Mineral Water JSC, Tan Quang Minh Manufacturing and Trading Company Ltd. (BIDRICO), Asia Food & Beverage
Co. Ltd., Rita Foods & Drinks Co. Ltd., etc. Constantly growing demand for bottled water in Vietnam is encouraging the manufacturers to increase their
production facility to cater the increasing demand, which is expected to drive the growth of Vietnam bottled water in coming years. For instance, Suntory
PepsiCo Vietnam Beverages Ltd. (SPVB) started its new beverage plant at the Dien Nam - Dien Ngoc Industrial Zone in central Quang Nam province's
Dien Ban town. The plant has 10 production lines with a capacity of 850 million liters per year. The plant, which is located on 14 hectares, involved an
investment of USD56 million, to capitalize on the growing domestic and export demand.
“A rise in demand for bottled water has been observed during the pandemic, especially for the bottled drinking water as people were taking more care
of their health and avoiding any situation that might make them unwell. Also, during the initial days of pandemic, sales rose due to panic buying, which
created short term spike in demand. In addition, companies operating in the bottled water industry have been largely focusing on new product lines
such as functional water, flavored water, etc. This rising trend for new product lines apart firm normal drinking water would continue to prevail during the
forecast period.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

14. 14
© TechSci Research 14
Sample Data - Snapshot
Vietnam Bottled Water Market Size, By Value, 2015-2025F (USD Million)
2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F
CAGR BY VALUE (2015-2019): xx% CAGR BY VALUE (2020E-2025F): xx%
Vietnam Flavored Bottled Water Market Share, By Packaging Material, By Value, 2015-2025F
2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F
Plastic 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00%
Glass 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00%
Others 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00%
Vietnam Flavored Bottled Water Market Share, By Distribution Channel, By Value, 2015-2025F
2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F
Super Market/Hypermarket 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00%
HORECA 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00%
Independent Grocery Store 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00%
Convenience/Drug Store 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00%
E-Retailers 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00%

15. 15
© TechSci Research 15
Report Ordering
License Type Price
Electronic Access - Single User License $3450
Electronic Access - Multi-User License $4450
Custom Research License $8450
Report Price
To View Sample OR Purchase Report
Report Name: VIETNAM BOTTLED WATER MARKET
FORECAST AND OPPORTUNITIES
2015 – 2025

16. About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas
to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting
models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and
global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the
market.
Related Reports
• Vietnam Meat Substitutes Market, By Type (Soy Products, Quorn, Tempeh, Tofu, Seitan and Others), By Source (Soy, Wheat, Mycoprotein and Others), By Category (Frozen,
Refrigerated and Shelf-Stable), By Company and By Region, Forecast & Opportunities, 2025
• Vietnam Dairy Enzymes Market, By Type (Lactase, Chymosin, Microbial Rennet, Lipase and Others), By Application (Milk, Cheese, Ice-Cream & Desserts, Yogurt, Whey, Infant
Formula and Others), By Source (Plant and Animal & Microorganisms), By Company and By Geography, Forecast & Opportunities, 2025
• Vietnam Specialty Fats & Oils Market, By Type (Specialty Fats and Specialty Oils), By Form (Dry and Liquid), By Functionality (Molding, Texturing, Filling, Coating, Health and Others),
By Application (Chocolates & Confectioneries, Processed Foods, Bakery Products, Dairy Products and Others), By Company and By Geography, Forecast & Opportunities, 2024
The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or
complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand.
However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results
obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together
with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal
consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.
TechSci Research – North America
708 Third Avenue, Manhattan,
New York, United States
Tel: +1- 646- 360- 1656
Email: sales@techsciresearch.com
www.techsciresearch.com
Disclaimer
TechSci Research – Europe
54, Old brook, Bretton,
Peterborough,
United Kingdom
Email: sales@techsciresearch.com
www.techsciresearch.com
TechSci Research – Asia-Pacific
B – 44, Sector – 57, Noida, National Capital
Region, U.P. - India
Tel: +91-120-4523900
Email: sales@techsciresearch.com
www.techsciresearch.com