The Chinese market for bottled mineral water is valued at over $48.6 billion and is growing at a double-digit rate, making it the favorite drink of Chinese consumers. The market share of bottled water is higher than that of tea and coffee combined. Greece has successfully exported bottled water to China, which saw a 1255% growth in 2020. However, local Greek brands have a weak presence in the Chinese market compared to industry giants like Coca-Cola and Nestle. The market is dominated by local brands such as Nongfu Spring, China Resources Beverage, Ganten, and Master Kong, which together had a combined market share of over 66% by 2018.