Bottled Water Packaging Market Size, Share, Analysis, Demand and Forecast 2020 to 2025

Bottled Water Packaging - A Market Overview and Forecast 2020 - 2025, This report presents a profound evaluation of basic elements of Bottled Water Packaging industry such as production scale and profit generation. Market driving factors, newly adopted technologies, latest business methodologies have been discussed in this report. The report also forecasts the potential of the market and reviews thorough analysis of vital segments and regional markets.

The bottled water packaging market was valued at USD 181.70billion in 2019 and is expected to reach USD 278.31 billion by 2025, at a CAGR of 6.86% over the forecast period 2020-2025.

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The Bottled Water Packaging Market is competitive owing to the presence of various international and domestic manufacturers. The market appears to be fragmented with the vendors competing in terms of price, capacity, volume, product quality, and technological innovation in the market. Some of the major players in the market are Amcor Ltd, Plastipak Holdings, Ball Corporation, Sidel International among others.

- The rise in awareness about consuming safe water for a healthy life and contaminated tap water is creating a huge market opportunity for bottled water which in return will create a positive outlook on the bottled water packaging market.
- Moreover, bottled mineral water is purified and fortified with dissolved minerals, which provides added health benefits to consumers. With, innovative design and new packaging solutions , it has contributed to improvements in packaging and weight reduction and thus acting as the driver for the bottled water packaging market.
- However, environmental regulations imposed by the government due to improper disposal of plastic bottles is likely to curb the bottled water packaging market size during the forecasted period.

Scope of the Report

Bottled water is considered among the highest consumed beverage owing to its convenience. Bottle packaging also makes it convenient for transportation of water over greater distances. Boiling water at home is time-consuming and energy inefficient and thereby resulting in significantly contributing towards bottled water packaging market size in the coming future. It has become an icon of a healthy lifestyle in emerging countries. In terms of geography, North America accounted for the majority market share and will continue to dominate the market in the forecast period.

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Competitive Insights

April 2019 - Levissima, Italian water brand, trusted Sidels new EvoDECO Roll-Fed Labeller to secure line performance and label quality.
September 2018 - Nestl Waters (Switzerland), Danone (France), and Origin Materials (US) collaborated with PepsiCo Inc., (US) for manufacturing bottled water and beverage containers with a significant reduction in carbon footprint.

Plastic Packaging to Dominate the Market

- According to the National Association of Container Distributors, the push for lightweight packaging from consumers and businesses is spurring the growth of polyethylene terephthalate. Moreover, lightweight has been a focal point of the bottled water sector. According to the International Bottled Water Association, the average weight of a 16.9 ounce PET (half-liter) plastic bottle has dropped 48 percent to 9.89 grams from 2000 to 2014. This drop in weight is creating a market for bottled water plastic packaging market.
- Further, with the advancements in manufacturing coupled with lowering operational cost, resins and packaging are pacing the industrys growth. Low feedstock costs are encouraging the utilization and adoption of plastics bottle packagings.
- Moreover, focusing on their customers, brand owners are pushing design innovations in plastic bottling that are unparalleled in the rest of the packaging sector, such as weight savings in transport and manufacturing is fueling the bottled water plastic packaging market.

Furthermore, this study will help to solve the following issues:

Cyclical dynamics-Report foresees dynamics of industries by using core analytical and unconventional market research approaches.
Identifying key cannibalizes- Strong substitute of a product or service?is that the?most prominent threat. Report includes key cannibalizes of a market, by procuring?marketing research. This helps in aligning new product development/launch strategies?before.
Spotting emerging trends- Report helps?to identify?upcoming hot market trends. Report also track possible impact and disruptions which a market would witness by?a specific?emerging trend.
Interrelated opportunities-This report will allow making decisions based on data, thereby increasing the chances that the strategies will perform better.

Customization of the Report:

The report could be customized according to the client's specific research requirements. No additional cost will be required to pay for limited additional research.

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This release was published on openPR.