Global bottled water processing market is expected to reach USD 420.9 Billion by 2025 at a CAGR of 10.51% during the forecast period from 2018-2025. Increase in health concerns has subsequently led to increased consumption of bottled water which has fuelled the growth of the market. Also, the increase in per capita spending and rapid urbanization is another key driver of the market.
Bottled water is defined as the processed and packaged water which is made suitable for consumption. Governments establish the standards for checking the quality of drinking water concerning international standards. These standards mainly emphasize on minimum and maximum concentrations of minerals, TSS, etc. All the water processing units should be properly licensed and certified by the regulations and norms given by the government. The newest trend of fortifying water with vitamins and electrolyte is being followed to revitalize the body. The process of desalination of ocean/sea water in which the salt is removed from water has gained high importance in the regions where there is a lack of fresh water For instance, in April 2017, Danone (US) launched Mizone, a premium bottled water brand in China and marketed its products in partnership with regional celebrities and key social influencers.
Global Bottled Water Processing Market Key Findings:
All the segments have been analyzed on global, regional and country basis. The study includes an analysis of more than 30 countries for each segment.
The bottled water processing market is segmented by packaging material, product type, equipment, and technology.
Regional Segmentation Analysis:
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and the Middle East and Africa. Asia Pacific region dominated the global bottled water processing market with USD 79.08 Billion in 2017 whereas the North America region held the second dominant position in the market.
Global Bottled Water Processing Market Competitive Analysis:
Key players in the bottled water processing market are Pall Corporation, Dow Chemical Co., Velocity Equipment Solutions Inc., Liquid Packaging Solutions Inc., General Electric, Seychelles Environmental Technologies, Inc., Norland International Inc., and Axeon Water Technologies. For instance, in February 2017, PepsiCo (US) launched a premium bottled water brand LIFEWTR, a purified water bottle that has a balanced pH with electrolytes added for taste. The company also launched bottled water with abstract designs for women on its bottled water Series 2.
This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global bottled water processing market by below-mentioned segments:
Global Bottled Water Processing Market, By Packaging Material:
Global Bottled Water Processing Market, By Product Type:
Global Bottled Water Processing Market, By Equipment:
Global Bottled Water Processing Market, By Technology:
Global Bottled Water Processing Market, By Regions:
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