Bottled Water Packaging
Market is
expected to witness significant gains during 2019 – 2025
present the report on global bottled
water packaging market evaluates the growth trends of the
industry through historical study and estimates future prospects based on
comprehensive research. The report extensively provides the market share,
growth, trends and forecasts for the period 2019-2025.
Global bottled water packaging
market size is flourishing and is projected to grow at a healthy CAGR in the
coming years. Insufficient tap water and increasing awareness for consuming
clean water are expected to propel the global bottled water packaging market
size over the projected timeframe. Rise in water borne diseases primarily in
rural areas is contributing towards increasing bottled water packaging market
size. Bottled water is considered among the highest consumed beverage owing to
its convenience. Boiling water at home is time consuming and energy inefficient
and thereby resulting in significantly contributing towards bottled water
packaging market size in the coming future.
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Global bottled water packaging
market size is divided based on product including well water, distilled water,
mineral water and others. Well water is attained via hole tapping by boring,
drilling or other methods. It accounted for approximately 25% of the bottled
water market share in 2016. Distilled water has attained the maximum industry
share close to 50% in the business owing to increasing focus towards
sustainability. Mineral water contains various minerals including sulphur &
salt compounds. It is attained from physically & geographically protected
underground water source. It contributes a lower share in the bottled water
packaging market size owing to unavailability of potable & chemical free
water in the earth’s crust.
Based on packaging, bottled
water packaging market size is segmented into pouch, cans and bottles. Pouch is
formed of plastic and contains lesser amount of bottled water compared to cans
& bottles. Cans are usually preferred in areas having poor water
infrastructure. Areas having interrupted or unclean water supply prefers
availing large cans of drinking water to avoid ill-health conditions. Bottles
are amongst the highest consumed form and henceforth contributing a major chunk
of bottled water packaging market size.
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Based on material, bottled
water packaging market size is segmented into PET bottles and glass bottles.
PET bottle has contributed the maximum bottled water packaging market share
owing to its lighter weight & easy portability for travellers across the world.
However, due to stringent environment regulations imposed by government for
using recyclable packaging material to reduce hazardous material in the
environment. There is a shift in focus or availability of alternative sources
of packaging for bottled water including glass. They are less preferred by
travellers owing to higher weight and brittleness compared to PET bottles.
Regionally, North America
accounted for the highest bottled water market share and is anticipated to
remain at the top by 2024. It is due to rise in health consciousness among
consumers which is likely to boost the bottled water packaging market size over
the coming years. Furthermore, rising population & increasing purchasing
power of consumers in developing regions of Asia Pacific is likely to stimulate
the bottled water packaging market size during the forecast period.
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The key global bottled water
market share contributors are Greif, Amcor, Plastipak, RPC, Graham, Kaufman
Container, Greiner Packaging International, Alpha Group, Sidel International,
Ampac and Silgan Holdings. Most of these players have presence across multiple
stages of industry ecosystem. For instance, Silgan Holdings is engaged in both
manufacturing & distributing packaging material for bottled water across
the globe.
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