Sustainable Bottled
Water Packaging Trend Boosting the Economy:
With increasing industrialization, ecological degradation is emerging as a primary concern for both governments and manufacturing companies. The fast-growing macroeconomic bottled water processing market is also experiencing the crisis of plastic pollution worldwide. This has led to the deployment of alternative eco-friendly solutions for the processing of bottled water in recent times. Sustainable packaging emerges as one of the biggest accomplishments in combating this global issue. Furthermore, it also reduces the risk of chemical contamination of bottled water, thereby boosting this market demand significantly. Lately, several bottled water companies are incorporating polyethylene terephthalate (PET) for the manufacturing of sustainable containers. These processed PET bottles can be recycled, which gives it an advantage over the single-use plastic bottles. The PET bottles, with advanced recycling technology, are thereby reducing the pollution risks posed by bottled water manufacturers globally. Additionally, this revolutionary trend is being aided by government regulations in several countries. For instance, the European Federation of Bottled Water (EFBW) states that 90% of the PET bottles should be collected and nearly 25% of the recycled PET water bottles should be used by 2025. This regulation is likely to reduce the additional expenditure incurred on the processing of new PET bottles and the purchase of raw materials. Additionally, a reduction in the number of waste PET bottles will provide a sustainable approach to the bottled water processing industries. This eco-friendly method will boost the bottled water processing market growth in the forthcoming years.
The global bottled water processing market size reached $228.8 billion
in 2018 propelled by new product launches and rising demand for packaged water worldwide.
The bottled water processing market is projected to grow at a CAGR of 8% during
the forecast period of 2019-2025. Apart from the PET bottled water packaging
solution, several
other innovative products are launched in the global market to upheave the
demand for bottled water.
An alternative to the plastic bottled water, Choose Water launched its
breakthrough bottle which is manufactured from paper pulp. The inner lining of
the bottle is composed of natural materials that are safe and biodegradable in
marine and soil environments. Choose Water’s patented eco-friendly product is likely to spur
the bottled water processing market growth and demand.
Geographical Bottled
Water Processing Market Outlook:
Bottled water
consumption is on the rise throughout the world. This is propelled by several
factors such as low availability of drinking water resources. According to the
World Health Organization (WHO), globally, approximately 785 million people are
lacking the provision of basic drinking water. Two billion people across the
world use feces-contaminated water. Instances such as these provide opportunities
for the bottled water processing market to expand its footprint across the
globe and meet the drinking water demand from the world’s population. The EFBW has highlighted that packaged water dominated the non-alcoholic beverages section
with a 48% share in the European Union. Facilitated
by a leading share in non-alcoholic beverages and an increase in the consumption of packaged water in this region, the bottled
water processing market will flourish significantly.
Sr. No. |
Countries In The EU |
Per Capita Consumption
In Liters |
1 |
Italy |
188 |
2 |
Germany |
175 |
3 |
Belgium |
130 |
4 |
Hungary |
126 |
5 |
Spain |
126 |
-EFBW
Moreover, as per the
International Bottled Water Association (IBWA), the per capita consumption of
bottled water in the U.S. reached nearly 42.1 gallons in 2017, which was an
increase of 6.2% over the previous year. This suggests that the bottled
water processing market will generate huge demand and gather a healthy economic
output over the forecast period. Besides, the report also stated that China is leading
the market, with bottled water consumption reaching 25.46 billion gallons in
2017. Consequently, with a stronghold in the bottled water industry, the Asian
market is also dominating the bottled water processing market and APAC even
held a major regional share of 44% in the global water processing market in
2018. Furthermore, as per the 2019 statistics of the China Chamber of Commerce
in the Netherlands (DCCC), the Chinese bottled water market generated revenue
of $48.6 billion followed by other countries including Indonesia with $12.7
billion. Additionally, Bottled Water India highlights that more than 3,400
bottled water plants are established in India, including multinational
companies such as Aquafina, Pure Life, Kinley, Bisleri, and others.
Collectively, these factors led to the APAC region’s dominance over the global
bottled water processing market which is likely to grow in forthcoming years.
Bottled Water Market
Demand Disrupted By Reverse Osmosis:
One of the most prominent bottled water
processing featuring, the reverse osmosis (RO) technique is widely accepted in
this industry across the world. Apart from the other categories of bottled
water such as spring water, sparkling water, and mineral water, RO water is
considered as the purest and microbial-free processed water. Consequently, the
RO purified bottled water is gaining huge demand in the global market in recent
times. Furthermore, with a rise in an unprecedented level of water
contamination and the growing awareness among the people is also facilitating
the growth of RO bottled water. Many companies have adopted the reverse osmosis
water system to upheave the bottled water business across the world. Some of
the global brands such as Aquafina, Essentia, Pure Life, Penta, Dasani, and
many others manufacture and distribute RO bottled water. The reverse osmosis
technology will uplift the global bottled water processing market scopes and
generate huge customer demand in the forthcoming years. Significantly, the
reverse osmosis application segment is anticipated to increase at a CAGR of
4.5% through to 2025.
Innovation in Water Treatment to Influence Bottled Water Market Growth:
Numerous technological innovations in
water treatment, filtration, purification, and packaging processes are
significantly boosting the water processing market growth scope. These
breakthrough processes are likely to generate huge customer demand for the
global bottled water processing market in the forecast period. For instance,
researchers at Yale's Menachem Elimelech and Huazhang Zhao of Peking University
produced a nanocoagulant impacted by Actinia to eliminate water contaminants.
This novel technology is claimed to remove micro and macro pollutants with the
one-step process. This smart material is also likely to reduce the cost of
conventional water treatment methods used in industry, thereby giving rise to
increased opportunities for the global bottled water processing market. Other
water filtration and cleaning technology include solar, desalination,
nanotechnology, UV disinfection, advanced oxidation, high-tech filtration, and
others. These breakthrough technology trends will significantly elevate the
end-user demand which will result in the growth of the bottled water processing
market size.
Leading Market Companies
and Their Contribution:
The global bottled water
processing market is
led by a healthy competitive landscape.
Investments into R&D and product innovations by leading players is disrupting
the niche market’s demand globally. These major companies include Axeon Water
Technologies, Inline Filling Systems Inc., Koch Membrane Systems Inc., Liquid
Packaging Solutions Inc., Norland International Inc., PALL Corporation, The DOW
Chemical Co., Velocity Equipment Solutions Inc., Lenntech B.V., and Tata Global Beverages Ltd.
Additionally, with new marketing strategies to strengthen their brand image,
these companies generate huge revenue, thereby contributing immensely to the
global bottled water processing market share.
Ø
Axeon
Water Technologies recently launched the HyperFlux, which is a unique
commercial RO membrane technology. It is claimed to be a pumpless RO membrane
which is designed to lower the manufacturing and servicing cost of RO systems.
As a result, this technology offers a promising future to the bottled water
processing market which will escalate the customer demand in the forecasted
years.
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Related Reports:
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Market
https://www.industryarc.com/Report/8529/asia-pacific-bottled-water-market.html
Water Treatment Systems
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https://www.industryarc.com/Report/15268/water-treatment-systems-market.html
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