Global Bottled Water Processing Market is expected to grow at a CAGR of 10.51% during the forecast period from 2019-2025

As per the report published by Fior Markets, the global bottled water processing market is expected to grow from USD 189.2 Billion in 2017 to USD 420.9 Billion by 2025 at a CAGR of 10.51% during the forecast period from 2018-2025.TheAsia Pacific region is dominating due to growing population coupled with rapid urbanization in countries such as India, China, Indonesia, and Malaysia which is likely to be the key driver for the market

Global Bottled Water Processing Market by Product Type (Still Water, Sparkling Water), Packaging Material (Plastic, Glass, Others), Equipment, Technology, Region Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025.

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Prominent companies in the industry include are Pall Corporation, Dow Chemical Co., Velocity Equipment Solutions Inc., Liquid Packaging Solutions Inc., General Electricamong others. Leaders are providingbetter opportunities and continuously focused on new product developments and venture capital investments to capture market share.For instance, in February 2017, PepsiCo (US) launched a premium bottled water brand LIFEWTR, a purified water bottle that has balanced pH with electrolytes added for taste. The company also launched bottled water with abstract designs for women on its bottled water Series 2.

The packaging material segment is classified into plastic, glass and others. The plastic segment is dominating the bottled water processing market and valued with USD 88.54 Billion in 2017. Plastics exhibits various characteristics such as durability, safety, hygiene, and lightness of weight which have increased the popularity of plastic bottles. Product type segment is divided into segments such as a still water and sparkling water. Sparkling water segment is growing with the highest CAGR of 12.6% in the forecast period. Itis expected to experience a noteworthy growth due to growing demand of alternatives for carbonated beverages.The equipment segment includes filters, bottle washers, fillers & cappers, blow molders, shrink wrappers and others. The filters segment is dominating the market and valued around USD 54.67 Billion in 2017. Filters are mainly used for the removal of visible particles and for removing the microorganisms from potable water. The technology segment includes Ion exchange and demineralisation, disinfection, filtration and packaging. The filtration process segment is dominating with the highest share of 39.20% in 2017. The filtration process is one of the technique used for the purification and desalination of water. The major membrane filtration techniques used for processing bottled water includes microfiltration (MF), ultrafiltration (UF) and nanofiltration (NF).

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Growing health concerns has subsequently led to the increased consumption of bottled water which has further added fuel in the growth of the marketis a major factor driving the market. In addition, rise in per capita spending and rapid urbanization and strict regulatory compliances concerning the environmentare another two factors fuelling the growth of market.However, shortage of energy increases operational cost for the bottled water processing industry which may obstruct the growth of market. Nevertheless, government provides funds for SMEsmay boost the market in forthcoming years.

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