Global Bottled Water Packaging Market – Overview
Bottled Water demands extra care while Packaging to control the unwanted microbial growth and mineral deterioration. Over the past few years, a number of technologies have been introduced in the market to suffice the demand for the effective packaging of water. Due to which, the market for the Bottled Water Packaging has been growing steadily. Moreover, increasing population coupled with the augmenting demand for the safe drinking water worldwide propels the market growth to an extent.
Acknowledging the prominence and the value this market is garnering currently and the growth prospect the market is demonstrating worldwide, Market Research Future (MRFR), recently published a brilliant study report giving out the complete market insights up till 2030. According to MRFR, the Global Bottled Water Packaging Market is expected to accrue exponentially by 2030, registering a CAGR of 7.1% during the review period (2023-2030)
Other factors propelling the market growth include the increasing pollution, growing urbanization & industrialization coupled with the growing economic conditions that improve consumers’ quality of life, increasing their affordability. Technological advancements transpired in the packaging technologies are predominantly fostering the market growth by introducing active and intelligent packaging solutions.
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On the other hand, stringent regulations imposed by the government towards the improper disposal of plastic bottles and the lack of technical competencies for maintaining the proper sanitation, are hampering the market growth. Also, the cost associated with the manpower & the manufacturing of packaging are impacting the market growth substantially. Conversely, the technological improvements are likely to present cost-effective solutions for manufacturing, which coupled with the increasing demand especially in the developing markets is expected to provide impetus to the market growth.
Global Bottled Water Packaging Market – Competitive Analysis
The market appears to be highly competitive and fragmented owing to the presence of several large and small key players accounting for a substantial market share. These key players incorporate acquisition, partnership, collaboration, expansion, technology & product launch in order to maintain their market position. Manufacturers are striving to find ways to reduce raw material prices. Raw material suppliers apply the power to determine prices of raw materials, which has an impact on the business.
The major global companies playing a key role in the bottled water packaging market are :
- Amcor Ltd. (Australia)
- SKS Bottle & Packaging Inc. (U.S.)
- Greif, Inc. (U.S.)
- Silgan Holdings (U.S.)
- ExoPackaging (India)
- American Pacific Corporation (U.S.)
- Berry Global, Inc. (U.S.)
- CKS Packaging (U.S.)
- Sidel Group (Italy)
- Kaufman Container (U.S.)
Innovation/Industry/ Related News:
April 02, 2018 – The Co-op supermarket in the UK announced that it is to switch all of the bottled water to 50% recycled plastic (rPET). This move is projected to save about 350 tonnes of plastic annually.
March 16, 2018 – A Routine laboratory tests conducted in Singapore, by the Agri-Food and Veterinary Authority (AVA) show that the bottled water used in Singapore, successfully met the safety standards. These test reply sufficiently well to a recent study by Orb Media, (US) a non-profit media collective, which stated that the bottled water from the world's leading brands is contaminated with tiny plastic particles.
Scientists of Singapore tested around 250 bottles from China, Brazil, India, Kenya, Indonesia, Lebanon, Thailand, Mexico, and the USA, and found 93 percent of the samples are free from any kind of contamination or plastic particles.
Global Bottled Water Packaging Market – Segments
The Bottled Water Packaging Market can be segmented into 4 key dynamics for the convenience of the report and enhanced understanding;
By Materials: Comprises Plastic & Glass among others.
By Products: Well Water, Distilled Water, and Mineral Water among others.
By Applications: Municipal and Industrial, among others.
By Regions: North America, Europe, APAC and Rest of the World.
Segment Plastic by Materials, in 2016, accounted for the largest as in, 58.48% of the market share and a Bottled Water Packaging Market Value of USD 20,595.4 Million.
Global Bottled Water Packaging Market – Regional Analysis
Globally, North America market accounts for the leading market in the global Bottled Water Packaging Market. Owing to the increased awareness towards health & safe drinking water, the higher standard of living, and rising demand and consumption of bottled water, the region holds the largest market share. Continuing with the same trends, North America is expected to keep hegemony during the review period as well.
While the second-largest market for the Bottled Water Packaging, Europe, is expected to grow at a substantial CAGR. This growth attributes to the augmented adoption of eco-friendly techniques for bottled water packaging in the region.
Whereas Asia-Pacific region is emerging as the fastest growing market for the Bottled Water Packaging. Attributing to the factors such as the emergence of active and intelligent packaging solutions coupled with the rising population & increasing purchasing power of consumers; the regional market will register a considerable CAGR during 2022 to 2030.
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The global Bottled Water Packaging Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the bottled water packaging market include Amcor Plc, Plastipak Holdings, Inc.,Berry Plastics Corporation, Apex Plastics Inc., CKS Packaging, Inc., Alpha Group Packaging, Ampac Holdings, LLC, RPC Group plc, Tingyi Holdings Corporation, Graham Packaging Company, L.P.,Greiner Packaging GmbH,Peninsula Packaging, LLC,Sidel, Inc.,Silgan Holdings,and Grupo Vichy Catalan.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Bottled Water Packaging Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/bottled-water-packaging-market/download-sampleMarket DynamicsThe rising consumption of clean bottled water by families and increasing demand for mineral water in the market are the primary factor driving the Bottled water packaging market.
There is serious water contamination, and an increase in cases of water-borne diseases are observed in the past few years, which is compelling people to prefer more hygienic and clean water augmented the high market demand.
The advancements in manufacturing, together with lowering operational cost, packaging, and resins, are positively impacting the Bottled water packaging market's growth.
The Report published on UpMarketResearch.com about “Bottled Water Packaging Market” is spread across 114 pages and provides newest industry data, market future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
The industry report lists and studies the leading competitors, also provides the insights with strategic industry Analysis of the key factors influencing the market.Bottled Water Packaging Market Research Report is a professional and in-depth study on the current state which focuses on the major drivers and restraints for the key players.
Bottled Water Packaging Industry research report provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.The report begins with the overview of the Bottled Water Packaging market and updates the users about the latest developments and future expectations.
It presents a comparative detailed analysis of all the regional and major player segments, offering readers a better knowledge of areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the global market.Get Exclusive PDF Sample Copy Of This Report @ https://www.upmarketresearch.com/home/requested_sample/700 In this report, there is a healthy amount of coverage of the market economies such as the demand and supply, cost and profit of the Bottled Water Packaging Market.
This holds key importance for users and hence this information is well supported with due statistics that are represented in easy to consume graphs, charts, and tables.The report compiles exhaustive information obtained via proven research methodologies and from trusted sources within the industries.
The report segments the Global Bottled Water Packaging market as: Regional Segment Analysis (Regional Consumption Volume, Consumption Volume, Revenue and Growth Rate 2013-2023):North AmericaEuropeChinaJapanSoutheast AsiaIndia Product Type Segment Analysis (Consumption Volume, Average Price, Revenue, Market Share and Trend 2013-2023):ET bottlesGlass bottles Application Segment Analysis (Consumption Volume and Market Share 2013-2023; Downstream Customers and Market Analysis)Oil & gasMining Global Bottled Water Packaging Market: Manufacturers Segment Analysis (Company and Product introduction, Bottled Water Packaging Sales Volume, Revenue, Price and Gross Margin):Industrial Scientific CorporationDrägerwerk AG & Co.KgaAMine Safety Appliances Gain Full Access of Bottled Water Packaging Market Report along with complete TOC Buy This Report@ https://www.upmarketresearch.com/buy/Global-Bottled-Water-Packaging-Industry-Market-Analysis-Forecast-2018-2023 Major Points in Table of Content:Chapter 1 Bottled Water Packaging Market OverviewChapter 2 Global Economic Impact on Bottled Water Packaging IndustryChapter 3 Global Bottled Water Packaging Market Competition by ManufacturersChapter 4 Global Bottled Water Packaging Production, Revenue (Value) by Region (2013-2018)Chapter 5 Global Bottled Water Packaging Supply (Production), Consumption, Export, Import by Regions(2013-2018)Chapter 6 Global Bottled Water Packaging Production, Revenue (Value), Price Trend by TypeChapter 7 Global Bottled Water Packaging Market Analysis by ApplicationChapter 8 Global Bottled Water Packaging Manufacturers AnalysisChapter 9 Bottled Water Packaging Manufacturing Cost AnalysisChapter 10 Industrial Chain, Sourcing Strategy and Downstream BuyersChapter 11 Marketing Strategy Analysis, Distributors/TradersChapter 12 Market Effect Factors AnalysisChapter 13 Global Bottled Water Packaging Market Forecast (2018-2023) Key Reasons to Purchase:To gain insightful analyses of the market and have a comprehensive understanding of the Bottled Water Packaging and its commercial landscape.Assess the Bottled Water Packaging production processes, major issues, and solutions to mitigate the development risk.To understand the most affecting driving and restraining forces in the Bottled Water Packaging market and its impact on the global market.Learn about the market strategies that are being adopted by your competitors and leading organizations.To understand the future outlook and prospects for Bottled Water Packaging Market For More Information, Click @ https://www.upmarketresearch.com/home/enquiry_before_buying/700 Customization of the Report:UpMarketResearch provides free customization of reports as per your need.
Market Research Future published a half cooked research report on global bottled water packaging market.
The growth in the industry sector is expected to drive the packaged water market.
Moreover, with economic advancement in emerging nations such as Brazil, the cities are becoming more populated.
Moreover, plastic bottle recycle market is predicted to grow at a gradual rate in the future.
Plastic products have a slow rate of natural decomposition, as it takes around 700 years to decompose.
Hence plastic recycling is one of the preferred solution adopted by many countries.Market Research Analysis:The global bottled water packaging market is a very dynamic market and is expected to witness high growth over the forecast period.
