Bottled Water Packaging Market growth drivers & Challenges by 2024

Global Market Insights has full report with growth drivers titled “Bottled Water Packaging Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, India, Japan, Malaysia, Thailand, Indonesia, Australia, Brazil, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024”.

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.

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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 bottled water packaging market size during the forecast period.

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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.

The industry has other constraints including large volume of energy requirement for extracting, processing and bottling is likely to hamper the bottled water packaging market size by 2024. However, the bottled water packaging market is expected to grow owing to rising health awareness in regions having poor water infrastructure to avoid water borne diseases.

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  1. Bottled Water Packaging Market size & share forecast by product & application 2017-2024
  2. Growth drivers, pitfalls & industry challenges
  3. Key Bottled Water Packaging Market growth opportunities & emerging business models
  4. Competitive benchmarking with market share analysis and company profiles

The differentiating factor of Bottled Water Packaging market report by Global Market Insights, Inc. when compared with other, similar syndicated research studies includes a 360-degree synopsis of trends for a period of more than 10 years including historic information as well as future outlook. Business focused multiple trends for Bottled Water Packaging industry are discussed along with regional trends to offer an overall view of the market.

The ‘industry insights’ chapter of this research provides the most comprehensive analysis of Bottled Water Packaging market covering segmentation, size, forecasts, ecosystem analysis and more. Industry impact forces (regional and global) that cover growth drivers and challenges, growth potential analysis, a strategy dashboard for competitive landscape of Bottled Water Packaging market support this sector specific data and information points.

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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.

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.

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.

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.

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.

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