The global bottled water processing equipment market size is expected to reach US$ 392.9 Bn by the end of 2020. According to a study by Future Market Insights (FMI), the market will show a steady rise at 6.4% CAGR between 2020 and 2030. According to the report, key factor in boosting demand in the bottled water market is the rising health concern arising from the consumption of contaminated water mostly derived from tap water. The lack of safe drinking water readily available to populations, particularly in developing countries, and concerns about contaminated municipal tap water are proposals that have supported the rapid expansion of the bottled water market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.
“A key factor driving growth of the global bottled water processing equipment market is increasing demand for high quality water from customers due to growing health concerns. In addition to this, product launches and attractive packaging offered by leading players are likely to impel growth in the market,” said a lead analyst at FMI.
It includes in-depth insights into the bottled water processing equipment market. Some of these are:
- The estimated value of the market was at US$ 211.3 Bn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
- The Asia Pacific region is growing fast in terms of bottled water processing equipment market.
China and India are the countries which are leading to business growth. Germany and Italy are the major users of the bottled water in the European region.
- The main drivers of the Asia-Pacific retail economy include high consumption, changing drinking patterns, bulk water purchases and raising disposable incomes.
- The global market relies heavily on the technologies and equipment used for bottled water production.
- High investment in bottled water equipment poses a big obstacle for manufacturers.
Demand will Rise Due to the Stockpiling Behavior Due to COVID-19 Outbreak
For More Detailed Insights on Bottled Water Processing Equipment Market
While the global COVID-19 crisis continues to grow, and rumors of shortages of bottled water make headlines. Water companies have a deep awareness of the importance of quality water and wastewater services in our everyday lives and during a public health crisis and are committed to taking action to ensure that our water systems work both efficiently and safely. In addition, due to this outbreak and the need to access clean water to support personal hygiene and general public safety, many consumers store their pantries with the extra bottled water.
Who is Winning?
The major market players of the global bottled water processing equipment market include 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. Throughout the bottled water market, manufacturers are gradually capitalizing on public worries regarding the prevalence of chemical pollutants in the drinking water, rendering it unsafe for the population to drink. This can be due to the lack of appropriate legislation to guarantee tap water protection in many communities in developing regions around the world.
Get Valuable Insights into Bottled Water Processing Equipment Market
Future Market Insights, in its new report, presents an unbiased analysis of the bottled water processing equipment market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. The bottled water processing equipment market is globally segmented into its equipment, technology, application, and region. On the basis of the equipment, the global market is categorized into filters, fillers and cappers, shrink wrappers, case packing equipment, bottle washers, blow molders and labeling. Based on the technology, the market is divided into ultrafiltration, chlorination, UV exposure and packaging, reverse osmosis, microfiltration and bottle washing and filling. On the basis of the application, the market is segregated into the flavored water, mineral water, still water and spring water. Regionally, the market can be segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA.
About the Food & Beverage Division at Future Market Insights
Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.
About Food & Beverages division of FMI
Expert analysis, actionable insights, and strategic recommendations - the Food & Beverages team at FMI helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 100+ countries for over a decade. The team provides end-to-end research of the global food & beverage market and consulting services; know how we can help.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.