How is the Bottled Water Packaging market worth worldwide? How is it's prospect in the future?

Light, Handy Materials Used in Packaging Influencing Bottled Water Packaging Market Growth

Bottled water meets all federal and provincial regulations for potable water and is sealed in a sterile container and sold for human consumption. Potable refers to safe for human consumption. The bottled water packaging is recommended to be potable, as they are intended for human consumption. Erstwhile, bottled water was available only in glass bottles, which were very inert but weak and heavy.

New improvements in logistics have made it feasible to manufacture packaged water using various types of plastic containers such as polyethylene, polypropylene, polyvinyl chloride, etc. in diverse forms such as pouches, cans, pots, drums, bottles, etc. Moreover, bottled water packaging highly depends on the weight and handiness of the bottle, and plastic fulfills its requirement to the fullest. Developments in the packaging process and of several packaging alternatives are anticipated to drive the bottled water packaging market during the forecast period.

Rise in Consumption of Mineral Water Boosts Global Market

There are various kinds of bottled waters, and each one has distinct requirements regarding its source, composition, and treatment. The advancement in the processing of mineral water has led to increased consumption across the world due to its high benefits and positive effects on health. The increasing demand for mineral water from natural resources stored in good quality bottles is boosting the growth rate of the bottled water packaging market.

As mineral water usually contains elements such as magnesium, potassium, calcium, etc., the popularity of these bottles has been increased with rising consumption. Moreover, manufacturers are innovating in bottled water such as the water infused with sound frequencies of the moon, light spectrums of the rainbow, and water from unscathed Arctic glaciers. This is likely to attract new consumers to experience the feel of water in order to keep up with their hydration, thus driving the bottled water packaging market.

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Restricted Supply Chain Limited Production Rate despite High Demand

When the novel coronavirus (COVID-19) outbreak swept across the world, various industries, including the bottled water and packaging, suffered significantly to deal with the implemented restrictions to contain the spread. Stringent restrictive rules set up by the worldwide governments to fight the virus outbreak have been creating logistical difficulties for the bottled water processing sector. While this has been producing new bottlenecks in the sector, customers continue to prefer stockpiling of essential commodities. This has helped to sustain the demand for bottled water even during the COVID-19 crisis. Moreover, in the packaging industry, the COVID-19 epidemic has interrupted everything as production halted, customers self-isolated in their homes, and global trade stopped between several countries. The packaging market is facing a slowdown, which is massively hampering the production and the demand in the global bottled water packaging market.

Market Players to Improve Strategies to Excel Post COVID-19

The demand for bottled water increased in the early months of lockdown, as consumers started to stockpile bulk products in case of emergencies. This demand, however, soon settled further joined with reduced sales caused by delays of the tourism industry, globally. However, the fear of diseases as an aftermath of drinking contaminated tap water, and the easy portability and convenience provided by bottled water kept the demand going even amidst the lockdown. However, with the packaging industry relying on supply chain and inefficient availability of raw materials, the bottled water packaging market suffered inadequacy to fulfill the risen demand. Nevertheless, with pandemic in its end phase with rapid vaccination drives, the global trade is expected to resume to normal. Key players in the bottled water packaging market will likely be focusing on improving production with better processing strategies.

Bottled Water Packaging Market: Overview

According to Transparency Market Research’s latest report on the global bottled water packaging market for the forecast period of 2021-2029, the market is estimated to grow, owing to the demand from food & beverage, pharmaceutical, and personal care industries
The global bottled water packaging market is expected to clock a high growth rate during the forecast period. Practice of personal hygiene is likely to increase the sales of hygiene packaging in the near future.

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