Global Bottled Water Packaging Market Size study & Forecast, by Material (Plastic, Metal, Glass), and Regional Analysis, 2022-2029
Global Bottled Water Packaging Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Bottled Water Packaging offers the distribution and transportation of water across difficult areas. It offers safe drinkable water and relieves the burden of carrying several bottles while traveling. The Bottled Water Packaging market is expanding because of factors such as the rising bottled water consumption and growing disposable income in the forecast period
According to the International Bottled Water Association in 2020, Americans consumed 15 billion gallons of bottled water which is up around 4.2% from 2019. It is noted that each American drank around 45.2 gallons of bottled water in 2020, with an increase of around 3.5 from the previous year. And, bottled water’s retail dollar sales reached USD 36.3 billion in 2020, with an increase of 4.7 percent from 2019. Whereas technological advancement in bottled water equipment and growing R&D activities by market players creates lucrative opportunities for the market. However, stringent regulations towards the use of plastics hamper the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Bottled Water Packaging Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the increasing adoption of bottled water, higher living standards, growing disposable income, and increasing health consciousness. Whereas North America is expected to grow significantly during the forecast period, owing to factors such as increasing penetration of market players, and rising spending toward safe water.
Major market players included in this report are:
Alpack Packaging
Alpha Packaging (Protective Packaging Solutions)
Amcor Limited
Ball Corporation
Exo Packaging
Graham Packaging Company
Greif Inc.
Plastipak Holdings Inc.
Rpc Group PLC
Sidel International
Recent Developments in the Market:
In May 2022, Amcor Limited has announced ""next-generation"" technology that will allow bottles to be 30% lighter and made entirely of recycled material. Furthermore, innovation will enhance the consumer experience while addressing widespread commitments to reduce material consumption and greenhouse gas emissions.
In January 2022, Plastipak, manufacturer and recycler of plastic bottles and containers, has increased its PET recycling capacity at its Bascharage, Luxembourg, manufacturing site, where it converts washed rPET flakes derived from post-consumer bottles into food-grade recycled PET (rPET) pellets.
Global Bottled Water Packaging Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Material, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters to detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Material:
Plastic
Metal
Glass
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Companies Mentioned
Alpack Packaging
Alpha Packaging (Protective Packaging Solutions)
Amcor Limited
Ball Corporation
Exo Packaging
Graham Packaging Company
Greif Inc.
Plastipak Holdings Inc.
Rpc Group PLC
Sidel International
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