Bottled Water Packaging Market Size
Packed Water Containers Projected to exhibit 4.7% CAGR between 2023 and 2032, market size was assessed at around USD 40 billion in 2022. Convenient for on-the-go consumption, bottled water is a common choice among customers leading hectic lives. Demand for conveniently available bottled water is driven by growing knowledge of the need of hydration for health and well-being.
Convenient and portable hydration options as well as urbanization help to explain the demand for bottled water in highly populated areas. Particularly in areas worried about the quality of their tap water, bottled water is seen as a safe and pure source of drinking water.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Bottled Water Packaging Market Size in 2022 | USD 40 Billion |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 4.7% |
| 2032 Value Projection | USD 6.7 Billion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 150 |
| Tables, Charts & Figures | 191 |
| Segments covered | Packaging Material, Product, Application |
| Growth Drivers |
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| Pitfalls & Challenges |
|
The usage of single-use plastic bottles has the sector under fire for adding to environmental damage and plastic waste. Correct plastic bottle disposal and recycling can be difficult, particularly in areas lacking a sufficient infrastructure for such activities. Consumers and stakeholders expect more sustainable solutions, so the sector has to discover means to lower its carbon footprint, employ environmentally friendly materials, and support recycling. Therefore, the hazards related to bottled water packaging could lower the acceptance rate, therefore impairing the business development.
COVID-19 Impact
Driven higher usage by bottled water's perceived safer and more hygienic nature than tap water. Consumers cut shopping visits, so larger packaging styles including multi-packs and bulk containers started to appeal. Therefore, it is expected that the declining COVID-19 cases and application of later policies by government and non-governmental organizations will propel the expansion of the global market in the next years.
Bottled Water Packaging Market Trends
Lightweighting bottles, employing alternative materials, and implementing refillable or reusable packaging models are just a few of the ways companies are looking at cutting the plastic consumption in bottled water packaging. An increasing focus on sustainable packaging materials like recycled PET, bioplastics, and alternative packaging formats that lower environmental impact results from consumer demand for eco-friendly solutions.
Bottled Water Packaging Market Analysis
Polyethylene Terephthalate, Glass, Cans, Cartons, Others is the segmentation based on packaging material for bottled water packaging market. In 2022, polyethylene terephthalate maintained a majority market value of around USD 38 Billion. Convenient for travel drinking, PET bottles are lightweight and easy to carry. Clear PET bottles help customers to view the goods, therefore promoting openness and trust.
Applied-based segmentation of the bottled water packaging market is Still Water, Carbonated Water, Flavored Water, Functional Water, Others. By 2022, still water maintained a commanding market share of more than seventy percent. Busy consumers often choose bottled water because of its simplicity and portability.
Retail Stores, Online Retail, Direct-to- Consumer, Others are the several segments of the bottled water packaging market depending on distribution channel. With a dominating market share in 2022, retail stores are expected to increase at 4.5% CAGR to 2032. Customers browsing retail stores and convenience stores would find bottled water to be a handy option.
U.S. dominated the North American region with majority market share and a revenue of over USD 8 billion in 2022. The emphasis on health and hydration drives the demand for convenient and portable bottled water options among consumers in North America.
Bottled Water Packaging Market Share
Some of the major business players operating in the bottled water packaging market are
- Nestlé Waters
- Danone S.A.
- PepsiCo, Inc.
- The Coca-Cola Company
- Suntory Beverage & Food Ltd.
- FIJI Water
- Gerolsteiner
- Crystal Geyser Water Company
- Ice Mountain
- Deer Park Spring Water
- Nongfu Spring
- Hildon
- Agua de Benassal
- Font Vella
These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
Bottled Water Packaging Industry News
- In June 2023, Coca-Cola India introduced a new bottle in Andhra Pradesh that is 100% recycled PET (rPET), with the assistance of ALPLA.
Bottled water packaging market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments
By Packaging Material
- Polyethylene Terephthalate
- Glass
- Cans
- Cartons
- Others
By Application
- Still Water
- Carbonated Water
- Flavored Water
- Functional Water
- Others
By Distribution Channel
- Food & Beverages
- Non-Durable Goods
- Durable Goods
- Medical
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Malaysia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Egypt
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