According to the current analysis of Reports and Data, the global Bottled Water Processing Market was valued at USD 239.1 Million in 2020 and expected to reach USD 380.8 Million by the year 2028, at a CAGR of 5.90%. The major factors which drive the market for Bottle water processing include an increase in the consumption of bottled water, technological innovations in the industry, Government initiatives, and increasing awareness about water and wastewater treatment processes.
The report has been formulated through extensive research and provides insights into the paradigm shifts observed in the market to assist readers maximize on their investments and capitalize on the recent development and competitive landscape of the global market. The report is an exhaustive assessment of the crucial aspects of the market including key geographical regions, technology, product types, application spectrum, key companies operating in the market, and overall industry overview.
The report lists significant players operating in the market that are employing strategies to cater to the surging consumer demand. In addition, rising investments by the key industry players for the RD of products and automation of production facilities will bolster market growth during the forecast period. The report also discusses in detail the recent collaborations, partnerships and mergers acquisition in the market to help clients make strategic investment plans accordingly.
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The study also analyses the crucial market aspects, including RD, product launches and brand promotions, mergers and acquisitions, collaborations, joint ventures, and the growth pattern on both regional and global levels. The report offers an in-depth evaluation of factors such as cost, capacity, rates of production and consumption, gross revenue, profit margin, demand and supply ratio, import/export, market share, market size, and market trends.
The industry has been growing steadily over the past decade and CAGR is expected to improve over the forecast period. It is also likely to be one of the industries influencing global revenue generation. Rapidly growing demand, an abundance of raw materials, population growth, financial stability, and product awareness are some of the factors that make progress directly and indirectly in the market.
Key Players:
Key participants include DowDupont (US), GEA (Germany), Alfa Laval (Sweden), The 3M Company (US), Lennetech B.V. (Holland), Suez (US), Pall Corporation (US), Pepsi Co (US), Coca Cola (US), Danone (France), Tata Global Beverages (India)
Further key findings from the report suggest:
- The industry is growing at a CAGR of 3 % in Asia Pacific, followed by North America and Europe. In 2017, according to the IBWA the per-capita consumption in the US exceeded 42 gallons in 2017, while the intake of carbonated soft drinks reduced to less than 38 gallons. Due to many qualities such as convenience, healthfulness, safety, and high-quality value, the bottled drinks segment seen as an attractive segment in the US beverage industry.
- The plastic segment is expected to show the fastest growth during the forecasted period due to many features of plastics that supports this demand owing to the property of the material such as durability, safety, hygiene, and a lightness of weight have made plastic packaging popular. The upcoming trend of using plastic as a packaging material for bottled drinks includes the use of flexible packaging solutions such as pouches, which reduces the required amount of plastic resins used per package.
- The Asia Pacific market expected to grow at the highest CAGR in the bottling industry due to the enormous growth opportunity in countries such as India, China, Indonesia, Vietnam, South Korea, Thailand, and Malaysia. As a result of the increasing trends in premiumization, China’s bottling industry seen to have a robust increase over the coming years. High volume consumption, bulk drinks purchases, shifting trends in drinking habits, and rising disposable income are some of the factors that are driving the industry in these countries.
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Market Segmentation:
Product Type (Revenue, USD Million; 2020–2028)
- Still Water
- Sparkling Water
Packaging Material (Revenue, USD Million; 2020–2028)
- Plastic
- Glass
- Others
Equipment (Revenue, USD Million; 2020–2028)
- Mainstream
- Filters
- Bottle Washers
- Blow Molders
- Shrink Wrappers
- Others
Technology (Revenue, USD Million; 2020–2028)
- Ion Exchange and Demineralisation
- Disinfection
- Filtration
- Packaging
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Regional Outlook (Revenue in USD Million; 2020–2028)
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of the Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Middle East Africa
- Latin America
- Brazil
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Key questions answered:
- Which of these regions – North America, Europe, Asia Pacific, Latin America, and Middle East Africa, dominates market share?
- What is the outcome of the COVID-19 Impact Analysis performed in the report?
- What are the revenue estimations for every region in the Bottled Water Processing market?
- What is the current market valuation of each region and the estimated market size by the end of the forecast period?
- What is the projected growth rate of the global Bottled Water Processing market?
Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
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