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Bottled Water Testing Equipment Market Anticipated To Witness Robust Growth, Surpassing $9.68 Billion By 2029
Bottled Water Testing Equipment
What Is the Current Bottled Water Testing Equipment Market Size and Its Estimated Growth Rate?
In recent times, the market size of bottled water testing equipment has been expanding rapidly. The scope of growth for this market is expected to rise from $7.08 billion in 2024 to $7.45 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.3%. The extraordinary growth in the preceding era has emanated from a worldwide increase in bottled water intake, commonness of water-related diseases, ballooning of the bottled water sector, consumer predilection for purified water, potential threat of chemical pollutants, and exceptional quality management in bottling facilities.
The market for bottled water testing equipment is set to witness robust growth in the ensuing years, escalating to $9.68 billion by 2029, registering a compound annual growth rate (CAGR) of 6.8%. The growth anticipated in the forthcoming period could be ascribed to factors such as regulations on water quality monitoring, an emphasis on sustainable water packaging modalities, expansion of high-end water categories, governmental investment in water safety, in addition to an uptick in bottled water import/export. The forecast period will also be marked by major trends such as technological progress, the availability of portable and on-site testing solutions, multi-parameter testing instruments, emphasis on microbiological testing, the incorporation of spectroscopy techniques, along with the rise of e-commerce platforms for the procurement of equipment.
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How Are Emerging Segments Shaping the Bottled Water Testing Equipment Market Landscape?
The bottled water testing equipment market covered in this report is segmented -
1) By Technology: Traditional, Rapid
2) By Component: Instruments, Consumables And Reagents, Reference Materials
3) By Test Type: Microbiological, Physical, Chemical, Radiological
4) By Application: Laboratory, Industrial, Environmental, Government
Subsegments:
1) By Traditional: Laboratory Testing Equipment, Standardized Testing Methods
2) By Rapid: Portable Testing Kits, Automated Testing Systems
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Which Growth Factors Are Influencing Bottled Water Testing Equipment Market Expansion?
The surge in bottled water consumption is anticipated to boost the growth of the bottled water testing equipment market. Bottled water, typically sourced from a specific location or purified to extreme levels, has seen a rise in popularity owing to consumer dissatisfaction with tap water taste and safety concerns. Equipment for testing bottled water is utilized to ensure water cleanliness and minimize contamination compared to standard water supply. For instance, the International Bottled Water Association, a trade association based in the US, reported in May 2023, that bottled water's sales volume hit a record 15.9 billion gallons in 2022, outperforming carbonated soft drinks for the seventh year in a row. Retail sales of bottled water approached $46 billion, showing a substantial increase from $40.8 billion in 2021. Therefore, the bottled water testing equipment market is expected to benefit from the sharp rise in bottled water consumption.
Who Are the Dominant Players Across Different Bottled Water Testing Equipment Market Segments?
Major companies operating in the bottled water testing equipment market are Agilent Technologies Inc., Bio-Rad Laboratories Inc., Accepta Ltd., PerkinElmer Inc., Thermo Fisher Scientific Inc., Danaher Corporation, Shimadzu Corporation, LaMotte Chemical Products Company, Hach Company, Tintometer India Pvt. Ltd., Palintest Ltd., Hanna Instruments Inc., Horiba Ltd., Endress+Hauser AG, Xylem Inc., YSI Inc., Metrohm India Private Ltd., Myron L Company, AquaPhoenix Scientific Inc., Aqua Solutions Inc., Aqua Systems Inc., AquaPro Solutions LLC., Applied Membranes Inc., Aquascience Technologies LLC, AquaLabo, Aquatech International LLC, Beckman Coulter Inc., CEM Corporation, CHEMetrics Inc., Cole-Parmer Instrument Company, EMD Millipore Corporation
What Are the Latest Developing Trends in the Bottled Water Testing Equipment Market?
Advancements in technology within the water examination sector are becoming significantly popular, representing a notable trend in the bottled water testing equipment market. Companies leading the way in this market are devoting energy towards the development of distinctive water purification technologies to retain their market status. Veolia Water Technologies, Inc., a French firm specializing in water testing and environmental management systems, exemplified this in April 2022 when they released The Barrel. This pioneering plug-and-play reverse osmosis (RO) technology is used for wastewater treatment and desalination, making it perfect for low-pressure RO applications. It also enables wastewater reuse, supplying fresh, uncontaminated water for a range of uses.
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Which Geographic Regions Are Expected to Dominate the Bottled Water Testing Equipment Market in the Coming Years?
North America was the largest region in the bottled water testing equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bottled water testing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Bottled Water Testing Equipment Market?
2. What is the CAGR expected in the Bottled Water Testing Equipment Market?
3. What Are the Key Innovations Transforming the Bottled Water Testing Equipment Industry?
4. Which Region Is Leading the Bottled Water Testing Equipment Market?
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