Bottled Water Processing Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Bottled Water Processing Market
The bottled water processing market size was valued at USD 153.61 billion in 2019, and the market is now projected to grow USD 443.21 billion in 2032 exhibiting a CAGR of 7.9% during the forecast period of 2020-2032.
Similarly, the growth of the global water processing industry is forecasted to decline due to the COVID-19 pandemic and, therefore, the priorities at water plants need operational reliability. This has been compounded by supply chain disruptions in bottled water, shifts in consumer preferences and behaviors and we have seen government-imposed measures to reduce contact in response toCOVID-19. Due to the pandemic, it got even more evident to manage the water processing with maximum efficiency. These factors taken together clearly underscore the need for stability in the sector during the crisis.
Another category within the beverage industry that has grown over the last decade is bottled water because of concerns and the necessity for a healthy body. National health administration authorities as well as global health institutions have made efforts to support and disseminate healthy water consumption guidelines in the developed as well as the developing countries. Information on the nutritional policies has become important especially when consider that water is one of the macronutrients. Alcohol consumption the emphasis on this aspect is reflecting in new approaches in the health systems globally this influencing national health plan across the globe.
The demand for renting water treatment equipment has grown among the water processing companies and government organizations because of their temporary requirements as a backup supply, a trial, or during flooding emergencies. Leasing lowers the amount of large fixed assets investments because organizations do not need to purchase equipment, and yearly maintenance costs are minimal because equipment leasing companies oversee maintenance expenses. The area where this cost-saving solution is likely to be finding increasing adoption is the water processing industry. For the customer, it helps to obtain highly developed equipment with no requirement to make permanent substantial financial investments.
Comprehensive Analysis of Bottled Water Processing Market
The bottled water processing market growth is also increasing exponentially because of the segmentation of its market. This market expansion rightly provides a thorough market breakdown near to the industry considering the leading supply and demand forces. These segmentations are methodically segregated by equipment type analysis, by technology analysis, and by application analysis. By equipment type analysis incudes filter, bottle washer, filler & capper, blow molder, and others (Shrink wrapper, etc.). By technology analysis incudes reverse osmosis (RO), ultrafiltration (UF), microfiltration (MF), chlorination, and others (Bottle Washing & Filling, etc.). By application analysis incudes still water, sparkling water, and flavored water.
The Asia Pacific region lead the bottled water processing market share by benefitting a market size of USD 50.98 billion in 2019 due to the focus on large investments in water processing plants.
Top players in the market have their responsibility of machinery and equipment industrial prospectus growth of the retailing industry and the markets. These players include, Nestlé, PepsiCo, Coca-Cola, Pall Corporation (Danaher Corporation), Donaldson Company, Inc., The Dow Chemical Company, Velocity Equipment Solutions, Liquid Packaging Solutions, Inc., SUEZ, Danone, Norland International Inc., Axeon Water Technologies, Koch Membrane Systems Inc., Inline Filling Systems Inc., Lenntech B.V. these market players provide a level-playing competitive landscape.
In March 2020, Danone's bottled water brands launched 'WeActForWater' to focus on watershed preservation, responsible packaging, climate neutrality, and access to safe drinking water.
Segmentation Table
ATTRIBUTES DETAILS
Study Period 2016-2027
Base Year 2019
Forecast Period 2020-2027
Historical Period 2016-2018
Unit Value (USD billion)
Segmentation By Equipment Type
Filter
Bottle Washer
Filler & Capper
Blow Molder
Others (Shrink wrapper, etc.)
By Technology
Reverse Osmosis (RO)
Ultrafiltration (UF)
Microfiltration (MF)
Chlorination
Others (Bottle Washing & Filling, etc.)
By Application
Still Water
Sparkling Water
Flavored Water
By Region
North America (U.S., Canada, and Mexico)
Europe (U.K., Germany, France, Italy, Spain, Russia, Benelux, Nordics and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania and Rest of Asia Pacific)
Middle East & Africa (South Africa, North Africa, GCC, Israel, Turkey and Rest of Middle East & Africa)
South America (Brazil, Argentina, and Rest of South America)