+1-888-308-5802     
News Contact Us

Bottled Water Packaging Market is projected to grow at a healthy CAGR by 2025

Author : Rahul Varpe | Published Date : 2019-06-14 

Global market Insights add Bottled Water Packaging market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.

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 market size during the forecast period.

Request for table of content of this report @
https://www.gminsights.com/request-toc/upcoming/1546         

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 market size over the projected timeframe. Rise in water borne diseases primarily in rural areas is contributing towards increasing 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 market size in the coming future.

Stringent environment regulations imposed by government due to improper disposal of plastic bottles is likely to curb the bottled water packaging market size over the coming years. For instance, European Parliament & Council has imposed regulations regarding increasing usage of recyclable packaging material to reduce hazardous material in the environment and subsequently meeting packaging requirements. The industry has other constraints including large volume of energy requirement for extracting, processing and bottling is likely to hamper the market size by 2024. However, the market is expected to grow owing to rising health awareness in regions having poor water infrastructure to avoid water borne diseases.

The key global bottled water packaging market share contributors are:

  • Greif
  • Amcor
  • Plastipak
  • RPC
  • Graham
  • Kaufman Container
  • Greiner Packaging International
  • Alpha Group
  • Sidel International
  • Ampac
  • 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.

Manufacturers are extending their distribution network to ensure easy product availability for consumers, thereby pushing the bottled water packaging market size over the projected timeframe. Increasing concern of manufacturers to attain competitive advantage in the market has resulted in rising focus on attractive product which is likely to stimulate the market size during the forecast period. Manufacturers are also investing heavily in marketing & advertising activities to attain an extended customer base to eventually capture high industry share. Furthermore, improving life style of consumers along with increasing awareness towards mineral water consumption is expected to drive the market size across the globe.

Make an Inquiry for Purchasing this Report @
https://www.gminsights.com/inquiry-before-buying/1546  

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 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 market size.

Based on material, bottled water packaging market size is segmented into PET bottles and glass bottles. PET bottle has contributed the maximum 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 travelers owing to higher weight and brittleness compared to PET bottles.

Browse Report Summery @
https://www.gminsights.com/industry-analysis/bottled-water-packaging-market   

 

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone:1-302-846-7766

Toll Free: 1-888-689-0688

Email: [email protected]      

Web: https://www.gminsights.com/

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

Related News

Zeolite 4A Market to accrue lucrative gains over the forecast timeframe

Published Date: 2019-08-20         Author: Rahul Varpe

Global Market Insights, Inc present the report on global Zeolite 4A 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... Read More

Expanded Perlite Market to generate admirable revenue in the forecast period

Published Date: 2019-08-20         Author: Rahul Varpe

Global Market Insights, Inc present the report on global Expanded Perlite 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 forecas... Read More

Concrete admixture market to generate admirable revenue in the forecast period

Published Date: 2019-08-20         Author: Rahul Varpe

Having procured almost 40% of the overall industry share in 2016, APAC undoubtedly is one of the lucrative avenues via which Concrete Admixture Market players have gained tremendous monetary returns. The dominance of the regional business space can be majorly attributed to growing governmental in... Read More

© 2019 Fractovia. All Rights Reserved