Global Bottled Water Processing Market - 2021-2028
Market Overview
Bottled water processing is mainly utilized for the purification and treatment of water. The growing spread of several water-borne diseases is showing a direct influence on the growth of the global bottled water processing market in the years to come. Water processing technique includes eradicating the harmful bacteria existing in drinking water while making it healthy for drinking. The increasing consumer consciousness regarding the hygiene and quality of the water they drink is also driving the demand for packaged drinking water. Furthermore, the rising disposable income and growing demand for convenience products are also projected to drive fuel the global bottled water processing market. The global bottled water processing market is valued at USD XX million in 2020 and is estimated to reach USD XX million by 2028, growing at a CAGR of XX% within the projected years (2021-2028)
Market Dynamics: The rising consumption of packaged bottled water is expected to drive the market growth
Consuming bottled water is believed a simple way to remain hydrated as well as helps in keeping a healthy diet. Increasing consumer awareness of the health benefits of drinking bottled water is expected to enlarge the market growth within the forecast years. Moreover, rising preference for bottled water over ordinary water, especially among younger customers is propelling sales. Due to this trend, various restaurants and hotels are offering bottled water to fulfill customer demand. Moreover, the rapid growth of restaurants in developed and developing countries is likely to propel the demand for bottled water over the forecast period. Various bottled water companies are introducing new products with attractive packaging, flavoring substances, and bold is also expected to fuel the market growth in the upcoming years.
Market Segmentation: Plastic material is the most widely used packaging material, holding about XX% of the global market
By packaging material, the plastic segment is accounted for the largest market share in 2020 and is expected to be the dominating segment in the upcoming years. Owing to their versatility, easy availability, and low cost, plastics are utilized in a range of applications. The plastic segment is estimated to witness the highest growth rate in the global bottled water processing market in the years to come owing to its special properties including safety, lightness of weight, hygiene, and durability, and these properties of plastic made it very popular for packaging. The recent trend of utilizing plastic for packaging in bottled water consists of the utilization of flexible packaging solutions for example pouches, which decrease the necessary quantity of plastic resins utilized per package.
Geographical Penetration: North America is the largest market for bottled water processing with a share of nearly XX% in global sales value in 2020
By geography, North America accounted for the largest share in 2020 and is anticipated to be the dominating regional market within the projected year due to the increasing inclination towards bottled water on an account of rising health issues because of consumption of contaminated water. Moreover, increasing organized retail sectors, changing water drinking habits, and the penetration of innovative products like flavored water are likely to propel the regional market growth in the upcoming years. North America is estimated to hold the second-largest share global bottled water processing market in 2020 and is expected to grow at a CAGR of XX% owing to the rising health consciousness among the people and various diseases caused due to the drinking of polluted water.
Competitive Landscape:
The global bottled water processing market is highly competitive with the presence of many formulators. Some of the major players of the market include Nestle, PepsiCo, Coca-Cola, Suez, and Danone among others. They have strengthened the market through their product offerings. Nestle and PepsiCo are a few of the major companies that have integrated advanced bottled water processing technologies for expanding their business portfolio. For instance, in March 2020, Danone’s bottled water brands have together launched ‘WeActForWater’ to focus on watershed preservation, responsible packaging, climate neutrality, and access to safe drinking water.
COVID-19 Impact: The market witnessed a negative impact
The current coronavirus outbreak is expected to limit investments in the water treatment industry around the world. As a result of the pandemic's interruption, operational reliability in water treatment plants has become increasingly important. The growing operational demand comes from bottled water supply chain disruptions, a shift in consumer demand patterns, and the government's use of multiple emergency measures to combat the pandemic. In the current pandemic situation, well-managed water, sanitation, and hygiene (WASH) services are critical for preserving and preventing human health. People are becoming more exposed to the dangers of polluted water streams as the population in urban areas increases. Recently, a World Bank tool was established to identify pandemic hotspots with crowded living areas and poor waste management and sanitation, as well as public services to provide optimum WASH and hygienic drinking water to these places.
Since the outbreak of the pandemic, the American Water Works Association (AWWA) and the Association of Metropolitan Water Agencies (AMWA) have published a report indicating a significant crisis in drinking water utilities in the United States. According to their assessment, drinking water utilities in the United States have witnessed a total deferral of water rate consumption of USD 1.6 billion, with a total crisis impact on drinking water utilities of more than USD 15 billion. As a result, water associations around the world are enacting laws to ensure that drinking water is processed in a sanitary and healthy manner.
Why Purchase the Report?
Understand the current market scenario and viability of global bottled water processing over the forecast period
Visualize the composition of the global bottled water processing market in terms of packaging material, technology, equipment and type to identify major players, growth potential, and market strategies
Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining to the market
What we offer?
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
Excel data sheet with valuable data points of the global bottled water processing market Regional and Country level segmentation
Product mapping in excel for the key products of all major market players
Market Share Analysis covering business revenues ($) and revenue share (%) of key market players
Target Audience:
Bottled Water Manufacturers
Bottled Water Equipment Manufacturers
Packaging Industry
Industry Investors/Investment Bankers
Education & Research Institutes
Research Professionals
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