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Bottled Water Processing Market Size, Share, Industry Overview, Trends, Growth Drivers, Business Opportunities, and Leading Players

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Bottled Water Processing Market Size, Share, Industry Overview, Trends, Growth Drivers, Business Opportunities, and Leading Players

April 30
19:45 2024
Bottled Water Processing Market Size, Share, Industry Overview, Trends, Growth Drivers, Business Opportunities, and Leading Players
MarketsandMarkets™
Bottled Water Processing Market by Product Type (Still Water and Sparkling Water), Packaging Material, Technology (Ion Exchange & Demineralization, Disinfection, Filtration, and Packaging), Equipment and Region – Global Forecast to 2028

The global bottled water processing market comprises the bottled water market and the bottled water equipment market. The bottled water equipment market is estimated at USD 7.2 billion in 2023 and is projected to reach USD 9.5 billion by 2028, at a CAGR of 5.7% from 2023 to 2028. Whereas the bottled water market is estimated at USD 311.1 billion in 2023 and is projected to reach USD 457.1 billion by 2028, at a CAGR of 8.0% from 2023 to 2028.

Bottled Water Processing Market

The bottled water processing market in the Asia Pacific region has witnessed substantial growth, particularly in countries with limited access to publicly provided piped water sources. As highlighted by Foster et al. in 2021, reports from the World Health Organization (WHO) and UNICEF, bottled water has become a prevalent choice for self-supply in areas facing challenges in accessing clean and safe drinking water through traditional public water supply systems. Several factors contribute to the rising reliance on bottled water in these regions. First and foremost is the imperative to ensure a consistent and safe supply of drinking water. Government failures in providing quality drinking water through local utilities, coupled with the limitations of water delivery infrastructure in urban centers experiencing rapid urbanization, have created a demand for alternative solutions.

Bottled Water Processing Market Trends

The bottled water processing market has been witnessing several trends influenced by changing consumer preferences, technological advancements, regulatory requirements, and sustainability concerns. Here are some key trends:

1. Health and Wellness Focus: Consumers are increasingly seeking healthier beverage options, driving the demand for bottled water perceived as a healthier alternative to sugary drinks. This trend is especially pronounced in regions where concerns about obesity and sugar intake are high.

2. Premiumization: There’s a growing demand for premium and value-added bottled water products, such as flavored, vitamin-enhanced, or functional waters. This trend is driven by consumers willing to pay more for perceived benefits like hydration, energy, or added nutrients.

3. Sustainability: With rising environmental awareness, consumers are becoming more conscious of the environmental impact of single-use plastic bottles. As a result, there’s a shift towards eco-friendly packaging solutions, such as biodegradable bottles, recycled materials, or alternative packaging formats like cans or cartons.

4. Technological Advancements: Innovations in water treatment and purification technologies are improving efficiency, reducing costs, and enhancing the quality of bottled water. Advanced filtration systems, UV sterilization, and ozone treatment are some examples of technologies being adopted to ensure water safety and purity.

5. Convenience and Portability: Busy lifestyles and on-the-go consumption patterns are driving the demand for convenient and portable packaging formats, such as single-serve bottles, pouches, and smaller pack sizes. This trend is particularly strong among urban consumers and frequent travelers.

6. Flavor Innovation: Manufacturers are introducing a wide variety of flavors and botanical infusions to cater to diverse consumer preferences and enhance the taste profile of bottled water. Natural flavors, exotic fruits, and herbal extracts are increasingly being used to create unique and appealing beverage options.

7. Transparency and Traceability: Consumers are demanding greater transparency regarding the source and production process of bottled water. Brands are responding by providing detailed information about the origin of water, purification methods, and quality testing results to build trust and credibility with consumers.

8. Regulatory Compliance: Stringent regulations governing water quality, safety standards, and labeling requirements are shaping the bottled water processing industry. Manufacturers need to ensure compliance with local and international regulations to maintain product integrity and consumer confidence.

Bottled Water Processing Market Opportunities: Desalination Plants Drives Surge in Bottled Water Processing Equipment Industry

With increasing urbanization, there is a rise in demand for better quality drinking water, which, in turn, increases the need for membrane filtration processing in water and wastewater treatment applications globally. Rising concern regarding wastewater discharge and drinking water quality is also driving the bottled water processing market globally.

In the past decade, the desalination market has seen an unprecedented rise, as the sources of fresh water are becoming limited. However, the use of desalination units and plants is limited to deserts or areas where the sources of water are saline. Saudi Arabia, the United States, the UAE, and Kuwait have the highest desalination capacities in the world. Saudi Arabia has the world’s biggest desalination capacity, accounting for about one-fifth of the global desalination capacity. The rise in the desalination market has invariably increased the demand for water purification, which is used in the bottled water industry.

Desalination plants, utilizing advanced processes such as Reverse Osmosis (RO), provide a crucial avenue for diversifying water sources for the bottled water industry. In regions where freshwater is scarce, these facilities offer an alternative, ensuring a consistent supply of high-quality water for bottling operations. The reliability of desalinated water aligns seamlessly with the stringent quality standards demanded by consumers in the bottled water market.

The Asia Pacific region accounted for the largest share in 2022 in terms of value.

The Asia Pacific region is witnessing a surge in the adoption of innovative and sustainable bottled water processing technologies. With a growing awareness of environmental concerns related to single-use plastics, there is an increasing emphasis on developing eco-friendly packaging solutions and promoting recycling initiatives. This reflects a broader trend in the region towards environmentally responsible consumption, influencing both consumer choices and industry practices within the bottled water processing market. Government initiatives and regulations regarding water quality standards and safety further contribute to the evolution of the bottled water processing landscape in the Asia-Pacific region. As regulatory frameworks become more stringent, manufacturers are compelled to invest in advanced processing technologies to meet compliance requirements and ensure the production of high-quality, safe drinking water. Additionally, the diversity of the Asia Pacific market extends to the types of bottled water consumed, including purified water, mineral water, and functional or enhanced water products.

Top Companies in the Bottled Water Processing Market

Key players operating in bottled water equipment market include Bottled Water Equipment Market :

DuPont (US), GEA Group Aktiengesellschaft (Germany), Alfa Laval (Sweden), 3M (US), Veolia (France) SPX FLOW, Inc. (US), Pall Corporation (US), Pentair (US), Porvair Filtration Group (UK), TORAY INDUSTRIES, INC. (Japan). Key players in bottled Water Market include Nestlé (Switzerland), The Coca-Cola Company (US), PepsiCo (US), Danone (France), Nongfu Spring (China), Tata Consumer Products Limited (India), National Beverage Corp. (US), Keurig Dr Pepper Inc. (US), Gerolsteiner Brunnen GmbH & Co. KG (Germany), CG Roxane, LLC (US).

Other Players in the ecosystem:

Creative OZ Air (I) Pvt. Ltd., Marlo Incorporated, Lenntech B.V., Accuteck Packaging Equipment Companies, Inc., Evergreen technologies, Tetra Laval S.A, E-Rotek Water Systems Co., ltd., Danaher Corporation, Otsuka Pharmaceutical Co., Ltd., Primo Water Corporation, Fiji Water Company LLC, VOSS Water.

DuPont (US)

DuPont originated from the merger of Dow Chemical and DuPont, later dividing into three divisions: DuPont, Dow Chemicals, and Corteva, each specializing in agriculture, materials science, and specialty products. DuPont offers a diverse range of products across 15 lines, including adhesives, printing solutions, biomaterials, clean technologies, and more. The company operates through four segments: Electronics & Industrial, Water & Protection, Mobility & Materials, and Corporate & Other. Bottled water processing equipment falls under the Water & Protection segment, providing solutions for worker safety, water purification, transportation, energy, and medical packaging. DuPont, known for its membrane science and ion exchange technologies, addresses global challenges by ensuring safe drinking water, enhancing operational efficiency, and managing water scarcity.

With a presence in EMEA (22 locations), Asia Pacific (54 locations), US and Canada (55 locations), and Latin America (3 locations), DuPont has established itself as a global leader in purification and separation technologies.

GEA Group Aktiengesellschaft (Germany)

GEA Group Aktiengesellschaft stands as a prominent technology supplier in the food processing industry. Specializing in tailored solutions, the company serves diverse sectors, including food, dairy processing, dairy farming, beverage processing, pharmaceuticals, chemicals, marine, leisure, sport, land-based transportation, and utilities. GEA operates through five technological divisions: Separation & Flow Technologies, Liquid & Powder Technologies, Food & Healthcare Technologies, Farm Technologies, and Heating & Refrigeration Technologies.

Within the Liquid & Powder Technologies division, GEA provides processing equipment and comprehensive solutions for industries such as dairy, food (including new food varieties), beverages, chemicals, and home & personal care. The range of offerings encompasses brewing systems, liquid processing and filling, concentration, precise fermentation, crystallization, purification, drying, powder handling and packaging, along with emission control systems.

GEA specializes in providing comprehensive technologies to ensure the hygienic treatment of water, whether it’s still, carbonated, flavored, or enriched with minerals. It encompasses a full portfolio of components, modules, and process lines covering every stage of water treatment. This includes reception and handling of liquid/dry raw materials, storage solutions, processing, formulation, treatment, and complete filling lines for still, sparkling, and flavored water. Their expertise lies in delivering hygienically designed plants that meet the diverse needs of the water treatment industry.

The company has a strong presence in more than 50 countries across North America, South America, Europe, Africa, and Asia Pacific. The group operates through its subsidiaries, such as GEA Procomac S.p.A (Italy), GEA Process Engineering Private Limited (India), GEA Food Solutions (Brazil), GEA Food Solutions North America, Inc. (US), and GEA Food Solutions UK & Ireland Limited (UK). The major competitors of GEA Group Aktiengesellschaft include Pall Corporation (US), Koch Membrane Systems Inc. (US), and Alfa Laval (Sweden).

The Coca-Cola Company (US)

The Coca-Cola Company is a multinational beverage corporation headquartered in Atlanta, Georgia, US. The company has its products available in more than 200 countries and territories. It has a wide range of products in its portfolio like sparkling drinks, hydration drinks, juices, coffee and tea, and many more. The hydration products account for a good share of the retail value.

In the hydration category, the Coca-Cola company offers many products under mineral water, flavored still water, flavored and unflavored sparkling water. Under the Hydration segment, the company manufactures an extensive array of products like dasani, powerade, bodyarmor, topo chico, and many more.

Key Questions Addressed by the Bottled Water Processing Market Report:

Which region is projected to account for the largest share of the bottled water equipment market?

What is the current size of the global bottled water market?

Which are the major key players in the bottled water equipment market?

What are the factors driving the bottled water processing market?

Which segment by product type accounted for the largest bottled water market share?

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