BOTTLED WATER PROCESSING MARKET ANALYSIS
Bottled Water Processing Market, by Equipment (Case Packing Equipment, Filters, Bottle Washers, Shrink Wrappers, Fillers & Cappers, and Blow Molders & Labeling), by Technology (Reverse Osmosis, Chlorination, Ultrafiltration, UV Exposure & Packaging, and Microfiltration & Bottle Washing & Filling), by Application (Mineral Water, Flavored Water, Sparkling Water, and Still Water & Spring Water), and by Region (Europe, North America, Latin America, Middle East & Africa, and Asia Pacific) – Size, Share Outlook, and Opportunity Analysis, 2019 – 2027
Bottled water is packaged and processed water for consumption and is considered as a healthy and convenient choice among packaged beverages. It is available in retail and departmental stores in various convenient packaging. Increasing preference for bottled water is owing to its advantages such as healthy and safe for consumption and easy to use.
Market Dynamics:-
Increasing inclination of the populace towards urban lifestyle and growing awareness about benefits of bottled water is expected to boost growth of the market. The major advantage of bottled water is that it is safe and convenient. Furthermore, bottled water is pure and filtered to remove any bacteria and harmful chemicals, leaving people feeling better and healthier.
These factors are expected to boost the bottled water processing market growth during the forecast period. According to International Bottled Water Association, U.S. bottled water market generated a revenue of US$ 18,556 million in 2017 from US$ 14,143 million in 2014.
However, high capital investments required in setting up new bottled water processing plant water may adversely affect the market growth. The cost will be minimum US$ 2,845.07 and more depending on the equipment / machinery and the output desired, and others excluding the shed, land, transportation costs, man power, and maintenance costs. Waste created by bottled water in the form of plastic is a major environmental concern. These issues are expected to restrain growth of the market over the forecast period.
Market Outlook:-
Asia Pacific holds dominant position in the market for bottled water processing and is the fastest growing market during the forecast period. In India, bottled water is one of fastest-growing segment in the beverage industry. This in turn is expected to boost the bottled water processing market growth in the country during the forecast period. Increasing demand for bottled water in the country is attributed to shifting trends of drinking water, increasing disposal income, expanding organized retail, bulk water purchase, and high consumption of bottled water. According to India Brand Equity Foundation, the packaged drinking water market generated a revenue of US$ 100 million in 2016, and is expected to reach US$ 216 million in 2021. Therefore, increasing demand for bottled water is expected to boost growth of the bottled water processing market in Asia Pacific.
Based on technology, the reverse osmosis (RO) segment is expected to witness significant growth in the bottled water processing market during the forecast period. This is due to widespread use of reverse osmosis as a water-purifying technology. As it has an ability to remove many dissolved substances efficiently, yet produce a good tasting finished water. Another advantage is that RO does not add any other chemical to water. Moreover, the technology is cost effective compared to other water-purifying technologies.
Request the sample copy here:
https://www.coherentmarketinsights.com/insight/request-sample/2638
Request the pdf brochure here:
https://www.coherentmarketinsights.com/insight/request-pdf/2638
Key Players:-
Major players operating in the global bottled water processing market include, Dow Chemical Co., Pall Corporation, Liquid Packaging Solutions Inc., General Electric, Seychelles Environmental Technologies, Velocity Equipment Solutions Inc., Axeon Water Technologies, Alfa Laval, Lenntech B.V., 3M Company, Norland International Inc., and others.
Market Taxonomy:-
On the basis of equipment, the global bottled water processing market is segmented into:
· Filters
· Case packing equipment
· Blow molders and labeling
· Fillers and cappers
· Bottle washers
· Shrink wrappers
On the basis of technology, the global bottled water processing market is segmented into:
· Reverse osmosis
· Ultrafiltration
· Microfiltration and bottle washing and filling
· UV exposure and packaging
· Chlorination
On the basis of application, the global bottled water processing market is segmented into:
· Mineral water
· Spring water and still water
· Flavored water
· Sparkling (carbonated) water
On the basis of region, the global bottled water processing market is segmented into:
· North America
o U.S.
o Canada
· Latin America
o Brazil
o Argentina
o Mexico
· Europe
o U.K.
o Germany
o Italy
o Spain
o France
o Poland
o Russia
o Rest of Europe
· Asia Pacific
o China
o India
o New Zealand
o Japan
o ASEAN
o Australia
· Middle East and Africa
Bottled Water Processing Market Key Developments:
· In February 2017, Planinka a.d. a Serbian company, opened a new line of bottling water at its factory for bottling ‘Prolom voda’ bottled water. Company invested about US$ 2.75 million for this capacity expansion. This is expected to increase the capacity of bottled water processing to 13,200 units per hour.
· In July 2017, The General Electric Company (GE) launched its new water treatment solution ‘BEVPAK’. BEVPAK is an integrated ultrafiltration and reverse osmosis (RO) system used for water production which is ideal for removing particulates and microorganisms in the feed water. This series of RO technology is designed for production of water for bottled water, carbonated soft drinks, juices, and non-carbonated beverages.
· In July 2019, Sidel Group introduced ‘X-LITE Still’ poly ethylene terephthalate (PET) bottles. X-LITE Still is a 500 ml PET packaging solution for bottling non-pressurized still water. This is expected to be the world’s lightest bottle with 6.5 g of weight and a height of 195 mm and having excellent performance at very high production speeds.
Buy now the market research report here:
https://www.coherentmarketinsights.com/insight/buy-now/2638
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions.
What we provide:
- Customized market research service
- Industry analysis services
- Business consulting services
- Market intelligence services
- Long term engagement model
- Country specific analysis
Mr. shah
Coherent Market Insights Pvt. Ltd.
Address: Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Phone: +1-206-701-6702
Email: [email protected]
Source: https://www.coherentmarketinsights.com/ongoing-insight/bottled-water-processing-market-2638