Bottled Water Packaging Market | Top Key Players - Amcor, Graham, Alpha Group, Silgan Holdings, Kaufman Container, Greiner Packaging International, RPC, Plastipak

Global Market Insights, Inc., announces an ongoing comprehensive report on the "Bottled Water Packaging Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026."

Dearth of tap water and rising awareness subject to the consumption of bottled water which is clean and safe for use is expected to drive the global bottled water packaging market growth in the near future. According to the International Bottled Water Association (IBWA) statistics, it has been observed that the wholesale dollar sales of bottled water across the States reached to USD 18.4 billion in 2018, rising at a rate of 7.3 per cent.

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This report provides an exhaustive account of the industry including:
o Bottled water packaging market size, historical from 2015 to 2019 and annual forecast from 2020 to 2026.
o Major bottled water packaging industry trends, technology evolutions, economic indicators and business challenges.
o Regulatory and geopolitical trends impacting the industry.
o Business drivers and pitfalls impacting key regional markets.
o Competitive landscape of the industry and detailed profiles on the major companies.

The overall bottled water packaging industry is divided in vivid product segments spanning well-water, distilled water, and mineral. Well water was massively used as bottled water few years back owing to its easy availability as it came from an unconfined aquifer. However, the use of this has now been reduced in bottled water form due to presence of toxic substances and chemicals that may be harmful for human consumption.

Some of the prominent industry players partaking in the worldwide bottled water packaging industry include:
-Amcor
-Graham
-Alpha Group
-Silgan Holdings
-Kaufman Container
-Greiner Packaging International
-RPC
-Plastipak

In terms of packaging, pouches have been deemed to observe massive traction globally as more manufacturers have been switching from cans and bottles to pouches. This can be ascribed to the evolution of pouch manufacturing technology. Moreover, ban on plastics have established endless opportunities for several pouch bottled water manufacturers.

Based on material type, glass water bottles have been gaining considerable momentum. Glass is not only eco-friendly, but its provision of superior choice for taste and beautiful aesthetics have added to the massive adoption of glass bottled water globally. Some of the features that further add to the growth of the glass bottled water include the material's potential to keep filtered water fresh and pure and ease of cleaning and retaining the clarity.

Moreover, FSSAI's latest direction cites about the usage of glass bottles in place of plastic bottles at various restaurants, hotels, and resorts. However, considering its brittle nature, glass bottles are less preferred amongst travelers, paving way for PET bottles.

Europe is touted to stand tall in the regional hierarchy of bottled water packaging industry attributing to the growing awareness of clean water consumption amongst the residents. In fact, estimates claim that the bottled water consumption in Europe accounts to over 52 billion liters. In addition to this, the EU bottled water industry plans to collect over 90 per cent of PET bottles by 2025, for turning them into new bottles which would contain at least 25 per cent recycled PET as an average in the region.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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This release was published on openPR.