Bottled Water Packaging Market size is poised to reach USD 350 Million by the end of 2033, growing at a CAGR of 8% during the forecast period, i.e., 2023-2033. In the year 2022, the industry size of bottled water packaging was USD 180 Million. The growth of the market can primarily be accounted to the growing demand for purified water owing to higher prevalence of typhoid and cholera. As per the report provided by the World Health Organization (WHO), around 128,000 to 161,000 people die annually due to typhoid while between 11 to 21 new cases of typhoid are diagnosed every year.
Global bottled water packaging market trends such as, skyrocketing consumption of bottled water and changing lifestyle are projected to influence the growth of the market positively over the forecast period. The total volume of bottled water per person across the globe was projected to be around 55 liters in 2022. Additionally, significant growth in the disposable income and escalating amount of polluted water worldwide is further estimated to hike the market growth during the forecast period. World Bank released a set of data stating that in 2020, the net national income reached USD 8,806 per capita. Hence, all these factors are anticipated to propel the growth of the bottled water packaging market over the forecast.
Growth Drivers
Challenges
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Base Year |
2022 |
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Forecast Year |
2023-2033 |
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CAGR |
~8% |
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Base Year Market Size (2022) |
~USD 180 Million |
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Forecast Year Market Size (2033) |
~USD 350 Million |
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Regional Scope |
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Bottle Water Type (Carbonated, Still, Flavored, Functional Bottle Water)
The global bottled water packaging market is segmented and analyzed for demand and supply by bottle water type into carbonated, still, flavored, and functional bottle water, out of which, the carbonated segment is projected to witness noteworthy growth over the forecast period. The growth of the segment can be accounted to the spiking consumption and distribution of sparkling water. For instance, in 2018, the total sales of sparkling water dropped to around USD 350 million and estimated to reach approximately USD 500 million in 2022.
Our in-depth analysis of the global market includes the following segments:
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Bottle Water Type |
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Material Type |
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Regionally, the global bottled water packaging market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in Asia Pacific region is projected to hold the largest market share by the end of 2033. The growth of the market can be accounted to the growing population and an increment in the government initiatives to the prevention of diseases spreading by consuming contaminated water such as cholera, diarrhea, hepatitis A and others. For instance, approximately 16 thousand cases of hepatitis A were diagnosed solely in the South Korea in 2019. Moreover, growing inclination toward the purification of water and increasing disposable income are further expected to hike the growth of the bottled water packaging market in the region during the forecast period.
Greiner Packaging GmbH to display all of its latest product development along with line including three elements “reduce, reuse, recycle” at FACHPACK. Greiner Packaging GmbH is also expanding its field into recycling business to secure itself a sustainable future.
Plastipak Holdings, Ins. to merge its path with anaerobic digestion (AD) operator BiotechCH4. Both company teamed to provide low carbon solution for the Clean Tech PET recycling plant. BiotechCH4. has the capacity to recycle around 90,000 tonnes of food waste every year.
Author Credits: Abhishek Anil
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