Bottled Water Packaging Market Overview
The global Bottled Water Packaging Market, according to a report by Market Research Future (MRFR), slated to record a substantial market valuation at a moderate CAGR of 5.27% over the review period (2017-2023).
Rapid economic growth and a rise in disposable income are expected to result in changing lifestyle patterns in emerging countries, such as China, India, and open new growth opportunities for the water bottle packaging market over the foreseeable future. A latest trend witnessed in the market is the increasing investments towards research and development activities carried out by packaging producers with a specific focus on lucrative locations for manufacture and short-distance supply to reduce costs. Moreover, innovative design and new packaging solutions are also expected to contribute towards developments in packaging and weight reduction. Some manufacturers are shifting their focus towards alternative, ecofriendly materials in the production of their new bottles owing to the increasing environmental concerns.
Get Free Sample @ https://www.marketresearchfuture.com/sample_request/5187
Competitive Analysis
The major market players identified by MRFR, in the global Bottled Water Packaging Market include
- SKS Bottle & Packaging Inc. (U.S.)
- Amcor Ltd. (Australia)
- Greif, Inc. (U.S.)
- ExoPackaging (India)
- Silgan Holdings (U.S.)
- Sidel Group (Italy)
- American Pacific Corporation (U.S.)
- CKS Packaging (U.S.)
- Berry Global, Inc. (U.S.)
- Kaufman Container (U.S.)
Industry News
October 2019: Nestlé announced strategic plans to revive its bottled water division owing to growing competition and high costs. Nestlé, which acquired bottled water brands including Pure Life, Poland Spring, S. Pellegrino, and Perrier, was set to shift from a globally to a locally managed business. COVID-19 Impact
Regional Analysis
The global market for Bottled Water Packaging Market has been analyzed in several regions have including North America, Europe, the Asia Pacific, and the rest of the world.
North America is the largest regional market for Health awareness, the higher standard of living, and rising demand and consumption of bottled water are some of the major driving factors for the growth of bottled water packaging in North America.
The Asia Pacific region is one of the major markets for bottled water packaging and is expected to gain substantial traction over the review period. This growth is attributed to the rising population and improving the purchasing power of consumers in developing regions of India, China, Japan, and others.
Segmental Analysis
The global Bottled Water Packaging Market is segmented on the basis of material, product, and applications.
The materials used in the market are plastic, glass, and others. The plastic packaging segment has been dominating the market and is expected to witness substantial growth over the review period. On the other hand, the glass packaging segment is poised to gain traction owing to due to the increasing environmental concerns encouraging market players to use substitute materials.
The products offered by market players operating in the market are well water, distilled water, mineral water, and others. The mineral water segment holds the largest market share and is expected to rise a higher growth trajectory over the assessment period owing to consumer demand, followed by distilled water for its numerous applications.
The applications of bottled water packaging are found in municipal, and industrial sectors, and others.
Browse Full Report With Figures And TOC @ https://www.marketresearchfuture.com/reports/bottled-water-packaging-market-5187
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Bargaining Power Of Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/Supply Chain Analysis
Continues………
About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/bottled-water-packaging-market-5187