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 market report study
titled Bottled Water Processing published by Reports and Data offers in-depth
and comprehensive research describing the scope of the market and market
insights. The report will include details about potential opportunities, new
projects, financial situations, constructive business strategies, and an
outlook on the industry forecast. The report aims to provide an in-depth
analysis of the market impacted by the current pandemic. The COID-19 crisis has
dynamically changed the economic scenario on a global level.
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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
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.
