Bottled Water Processing Market

Market Synopsis:

Global Bottled Water Processing Market valued at USD 201.7 Billion in 2021 and is projected to reach a value of USD 321.8 Billion by 2028 at a CAGR of 8.1% over the forecast period.

The Bottled Water Processing Market is driven by growth in the consumption of bottled water, government initiatives, technological innovations in processing equipment of bottled water, and the increasing awareness about water and waste-water treatment processes among consumers. Moreover, severe regulatory standards and values for wastewater discharge are projected to boost the demand for ultrafiltration and reverse osmosis filtration technologies during the forecast period. An increasing approach to urban lifestyle and increasing awareness about the advantages of bottled water is projected to drive the growth of the Bottled Water Processing Market in the coming future. The prime advantage of bottled water is that it is convenient and safe which is expected to increase the demand for Bottled Water Processing during the forecast period. Furthermore, the bottled water is filtered and pure to remove bacteria and harmful chemicals leaving people feeling healthier which is driving the growth of Bottled Water Processing during the forecast period. The increase in funding from the government to SMEs and the increasing demand for Bottled Water Processing in the Asian market is expected to provide lucrative growth opportunities for the Bottled Water Processing Market in the coming years. On the other hand, the shortage of energy increases operational costs for the bottled water processing industry is expected tp hamper the Bottled Water Processing Market during the forecast period.

Market Segmentation:

The Bottled Water Processing Market is segmented on the basis of product type, packaging material, equipment, and technology. Based on product type, the market is segmented as still water, and sparkling water. On the basis of packaging material, the market is segmented as plastic, glass, and others. On the basis of equipment, the market is segmented as equipment, filters, bottle washers, fillers and cappers, blow molders, shrink wrappers, and others. Based on technology, the market is segmented as ion exchange and demineralization, disinfection, filtration, and packaging.

The Still Water Type to Hold the Larger Share

Based on product type, the still water segment in the bottled water processing market is projected to acquire the largest market share during the forecast period. The major factor driving the growth of the still water segment is increasing consumption through bulk formats like dispensers, pumps, and coolers. Whereas, smaller pack formats of still bottled water have witnessed strong demand for bottled water for household purposes. The rising consumption of still bottled water in various food outlets, restaurants, and foodservice providers is the prime factor fueling the growth of the still water segment during the forecast period.

The Plastic Segment is Predicted to Witness the Fastest Growth During the Forecast Period

Based on packaging material, the plastic segment is experiencing the fastest growth in the Bottled Water Processing Market. Properties like safety, durability, hygiene, and less weight have made plastic bottled water packaging popular. Manufacturers are making use of polyethylene terephthalate (PET) plastic packaging solutions for portable drinking water, this factor is expected to boost the demand for bottled water during the forecast period.

The Asia Pacific Region Dominates the Bottled Water Processing Market

The bottled water processing market in the Asia Pacific is expected to experience the highest growth during the forecast period. The Bottled Water Processing Market in the Asia Pacific is offering multifunctional and integrated solutions owing to which the demand for processing, capping, and packaging machines and filling is increasing which is driving the growth of the Bottled Water Processing Market. Additionally, the foreign enterprises are supporting the local governments in setting up innovative desalination plants which can further help in the water-related challenges in emerging countries in upcoming years.

Competitive Landscape:

The bottled water processing market is fragmented in nature due to the presence of the major players in the market. Some of the key major players in the market are 3M Company, Alfa Laval, Coca-Cola, Danone, Dowdupont, GEA, Lenntech B.V., Nestlé, Pall Corporation, Pepsico, Suez, Tata Global Beverages.

Segmentation of Bottled Water Processing Market:

By Product Type-(Revenue- USD Million, 2016-2028)

· Still Water

· Sparkling Water

By Packaging Material-(Revenue- USD Million, 2016-2028)

· Plastic

· Glass

· Others

By Equipment-(Revenue- USD Million, 2016-2028)

· Filters

· Bottle Washers

· Fillers and Cappers

· Blow Molders

· Shrink Wrappers

· Others

By Technology-(Revenue- USD Million, 2016-2028)

· Ion Exchange and Demieralisation

· Disinfection

· Filtration

· Packaging

By region- (Revenue- USD Million, 2016-2028)

North America-

• The US

• Canada

• Mexico

Europe-

• Germany

• The UK

• France

• Italy

• Spain

• Rest of Europe

Asia-Pacific-

• China

• Japan

• India

• South Korea

• South East Asia

• Rest of Asia Pacific

Latin America-

• Brazil

• Argentina

• Rest of Latin America

Middle East & Africa-

· GCC Countries

· South Africa

· Rest of Middle East and Africa