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The global bottled water treatment market was valued at USD 239.1 million in 2020 and is expected to reach USD 380.8 million by 2028, at a CAGR of 5.90%.
NEW YORK CITY, NEW YORK, USA, Sep 22, 2021 /EINPresswire.com/ – According to current analysis of reports and data, the global bottled water treatment market is valued at 239.1 million USD in 2020 and is expected to reach USD 380.8 Million by 2028, at a CAGR of 5.90%. The major factors driving the bottled water treatment market include increased consumption of bottled water, technological innovations in the industry, government initiatives, and increased awareness of water treatment processes. and wastewater.
This market intelligence report includes a comprehensive assessment of the market, discussing the value, volume, size, share, growth rate, key trends, demand and supply ratio. , Gross Revenue, Competitive Landscape, Regional Analysis, Manufacturers, Product Types and Ending. user apps to provide a 360 ° overview of the global bottled water treatment industry. The study provides key information regarding the various elements that propel or hinder the growth of the sector. It establishes precise forecasts to estimate the potential growth of the company as a whole.
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Key players:
The main participants are DowDupont (United States), GEA (Germany), Alfa Laval (Sweden), The 3M Company (United States), Lennetech BV (Holland), Suez (United States), Pall Corporation (United States ), Pepsi Co (United States), Coca Cola (United States), Danone (France), Tata Global Beverages (India)
Other key findings from the report suggest:
• The industry is growing at a CAGR of 3% in Asia-Pacific, followed by North America and Europe. In 2017, according to the IBWA, per capita consumption in the United States exceeded 42 gallons in 2017, while consumption of soft drinks was reduced to less than 38 gallons. Due to many qualities such as convenience, wholesomeness, safety and high quality value, the bottled beverage segment is considered an attractive segment in the US beverage industry.
• The plastics segment is expected to show the fastest growth during the forecast period due to many characteristics of plastics which support this demand due to material properties such as durability, safety, hygiene and lightness. that made plastic packaging popular. The upcoming trend of using plastic as a packaging material for bottled beverages includes the use of flexible packaging solutions such as sachets, which reduces the required amount of plastic resins used per package.
• The Asia-Pacific market is expected to grow at the highest CAGR of the bottling industry due to the huge growth opportunity in countries such as India, China, Indonesia, Vietnam, South Korea, Thailand and Malaysia. Due to the increasing trends in premiumization, the Chinese bottling industry has seen a sharp increase in the next few years. High consumption, bulk beverage purchases, changing trends in consumption patterns and increasing disposable income are some of the factors that are boosting the industry in these countries.
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Product Type (Revenue, USD Million; 2020-2028)
• Still water
• Sparkling water
Packaging Material (Revenue, USD Million; 2020-2028)
• plastic
• A glass
• Others
Equipment (Revenue, Million USD; 2020-2028)
• Main stream
• Filters
• Bottle washer
• Snowblowers
• Shrink packaging
• Others
Technology (Revenue, USD Million; 2020-2028)
• Ion exchange and demineralization
• Disinfection
• Filtering
• Packaging
Regional Outlook (Revenue USD Million; 2020-2028)
• North America
o The United States
o Canada
• Europe
o Germany
o France
UK
o Spain
Italy
o Rest of Europe
• Asia Pacific
o China
India
Japan
o Rest of Asia-Pacific
• Middle East and Africa
• Latin America
Brazil
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Answers to key questions:
• Which of these regions – North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, dominates the market share?
• What is the result of the COVID-19 impact analysis carried out in the report?
• What are the revenue estimates for each region of the Bottled Water Treatment market?
• What is each region’s current market value and estimated market size by the end of the forecast period?
• What is the projected growth rate of the Global Bottled Water Treatment Market?
Thank you for reading this article. You can also get sections by chapter or report coverage by region for North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
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