Bottled Water Packaging Market Research Report - Global Forecast To 2030

Bottled Water Packaging Market, By Material (Plastics, Glass and other), By Product (Well Water, Distilled Water, Mineral Water and Others), By Application (Municipal, Industrial and Others) and Region - Forecast To 2030

ID: MRFR/PNT/3749-HCR | February 2021 | Region: Global | 185 pages

Market Analysis


The bottled water packaging market is growing at a very fast rate with the rise in demand for portable and potable water sources. The global bottled water packaging market was valued at USD 181.70 billion in 2020. With the increase in awareness about the need for pure drinking water among the public, the packaged water industry and therefore the bottled water packaging industry is witnessing rapid growth. 


The advent of inexpensive, lightweight, and non-reactive plastic bottles has changed the packaged drinking water market by making these affordable to commoners. Earlier, glass bottles were used for distribution but the product became restricted to the noble class. Stricter regulations in water quality and the development of modern water purifying technologies are also helping the market to expand significantly. The global bottled water packaging market is expected to grow at a Compound Annual Growth Rate ( CAGR ) of 7.1 % over the forecast period ( 2021-2028 ).


The automatization of bottled water packaging technology has helped reduce labor costs. Moreover, the use of recyclable plastics in manufacturing bottles is gathering positive impressions in the market. Furthermore, the development of eco-friendly water packaging containers will take the bottled water packaging industry to the next level. The global bottled water packaging market is expected to be worth USD 288.51 billion by the end of the current forecast period in 2028.


Covid 19 Analysis


Covid-19 had a negative impact on the global bottled water packaging market. The inactivity of the transport and tourism industry led to a sharp fall in demand for packaged drinking water and water packaging bottles. Though some of the mineral water companies started home delivery and switched to the online market, the demand was very less. However, as packaged drinking water could stop virus transmission by restricting people's contact with common water sources its popularity increased over the period. 


The closure of packaging bottle manufacturing units to curb the virus spread decreased the overall supply of bottles creating a shortage after the resumption of economic activities. The shortage of raw materials and labor also hampered the growth of the global bottled water packaging market over the period.


Competitive Landscape


The major global companies playing a key role in the bottled water packaging market are :



  • Amcor Ltd. (Australia)

  • SKS Bottle & Packaging Inc. (U.S.)

  • Greif, Inc. (U.S.)

  • Silgan Holdings (U.S.)

  • ExoPackaging (India)

  • American Pacific Corporation (U.S.)

  • Berry Global, Inc. (U.S.)

  • CKS Packaging (U.S.)

  • Sidel Group (Italy)

  • Kaufman Container (U.S.) 


Market Dynamics


Drivers


The rising demand for portable pure drinking water across the globe is driving the growth of the bottled water market and therefore of the Global bottled water packaging market too. The untrustable quality of public water supply along with rising water pollution levels have made people switch to bottled water. Moreover, bottled water also relieves people from the burden of carrying water from home while traveling. Therefore, the remarkable growth of the tourism industry is directly contributing to the growth of the packaged drinking water industry. Furthermore, Bottled packaging allows easy transportation and distribution of water even in difficult terrains.


The innovations in packaging technologies to develop lightweight and durable water packaging bottles are bringing positive impacts on the market. Moreover, packaging containers having a low carbon footprint and recyclable material will further drive the growth of the global bottled water packaging market.


Restraints


The environmental concerns regarding the growing use of plastic in the packaging of water are the major restraining factors for the growth of the global Bottled water packaging Market.


Technology Analysis


Bottled water is nowadays the most convenient and popular source of drinking water. Bottled water packaging is labeled containers used by mineral water bottling companies to distribute packaged water to end-users. Bottled water packaging facilitates the transportation and distribution of pure drinking water for easy consumption and storage. Therefore, these water bottles have established their impression as a trusted source of potable water in the market. A good packaging bottle helps in maintaining the consistent flavor of water and also in keeping it microbiologically safe.


There has been a tremendous development in the bottled water packaging industry that has made packaged water popular even among common people. The use of low-cost, recyclable plastic bottles helps water treatment industries to maintain their consumer price. These packaging bottles are non-reactive and do not interfere with the taste of water thus helping in increasing the storage life.


Study Objectives


The specific objectives of this market report on bottled water packaging market are given below:



  • To provide a complete overview of the bottled water packaging market.

  • To analyze and forecast the bottled water packaging market in terms of value and volume.

  • To provide information about the impact of covid 19 on the market and market response thereafter.

  • To point out the problems and prospects of the bottled water packaging market.

  • To give details about the technical knowledge of the product and its viability.

  • To provide an overview of the regional markets and other different market segments.

  • To identify the key players of the bottled water packaging industry.


Segment Analysis


Segmentation of the global Bottled Water Packaging Market, By Material



  • Plastics

    • Polyethylene Terephthalate (PET )

    • Polycarbonate (PC)

    • High-density polyethylene (HDPE) plastics





  • Glass

  • Other


Plastics are the most popular materials for manufacturing water bottles. They occupy 97.3 % of the global bottled packaging market and the rest is occupied by glass. Plastic containers are inexpensive lightweight and durable materials for manufacturing containers. Polyethylene terephthalate (PET) is the most commonly used type of plastic and is also 100% recyclable.


Segmentation of the global Bottled Water Packaging Market, by Product



  • Still Bottled Water

  • Carbonated Bottled Water

  • Flavored Bottled Water

  • Functional Bottled Water


Still bottled water dominates the global bottled water packaging market. The high demand for safe drinking water at an affordable price is driving the still Bottled water market.


Regional Analysis


The different regional markets for the global bottled water packaging packaging market are:



  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Rest of Europe





  • Asia-Pacific

    • China

    • India

    • Japan

    • Australia & New Zealand

    • Rest of Asia-Pacific





  • Rest of the world ( RoW )

    • The Middle East

    • Africa

    • South America




North America dominates the global bottled water packaging market with huge consumption of packaged drinking water. According to a study by the International Bottled Water Association (IBWA), Bottled water is America's most popular beverage with a belief that bottled water is healthier and safer than tap water. Americans consume 15 billion gallons of bottled water in 2020. Therefore, the rising demand for packaged drinking water drives the growth of the bottled water packaging market in this region.


Asia-Pacific is the fastest-growing regional market of the global bottled water packaging market. The rise in awareness about the importance of safe drinking water and improving lifestyle are the major factors driving market growth in this region. Moreover, the greater presence of plastic bottles manufacturing industries in this region is also helping in the market growth.


Europe and Middle East segments are also significant markets for the bottled water packaging market. There is a high demand for packaged drinking water owing to the quality living standard of people. The Latin American and the African segment are expected to grow at a moderate rate over the forecast period.


Recent Developments



  • In March 2021, Nestle, the leading multinational food & beverage company announced the acquisition of Essentia Water, a premium bottled water brand, to strengthen its premium alkaline water business.


Intended Audience


This report will be beneficial for every stakeholder of the bottled water packaging market such as :



  • Manufacturers of water bottles

  • Raw material suppliers

  • R&D Institutes

  • Potential investors

  • Mineral water plants

  • Consumers


Report Overview


This report provides an in-depth analysis of the bottled water packaging market in terms of current value and future forecast. This report has also highlighted the problems and prospects of the given market.


Moreover, the technological analysis section of the report will help in knowing the product and in decision making. Furthermore, this report contains a detailed analysis of different market segments for the current forecast period. This report has also highlighted the key players and the current developments in the bottled water packaging market. 



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2028: USD 288.51 Billion
  • 2030 : Significant value
  •   CAGR   7.1% CAGR (2022-2030)
      Base Year   2021
      Forecast Period    2022 to 2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Material, Product and Application
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Amcor Ltd. (Australia), SKS Bottle & Packaging Inc. (U.S.), Greif, Inc. (U.S.), Silgan Holdings (U.S.), ExoPackaging (India), American Pacific Corporation (U.S.), Berry Global, Inc. (U.S.), CKS Packaging (U.S.), Sidel Group (Italy) and Kaufman Container (U.S.)
      Key Market Opportunities

  • Rapid economic growth and increase in disposable income
  • Changing lifestyle patterns in emerging countries
  •   Key Market Drivers   Increasing usage of recyclable packaging material


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    Frequently Asked Questions (FAQ) :


    The market can attain a growth rate of 7.1% over the review period.

    The market value is set to increase considerably in the coming years, owing to rapid economic surge and evolving lifestyles of the people around the world.

    The significant growth-influencers in the market are SKS Bottle & Packaging Inc. (U.S.), Greif, Inc. (U.S.), Sidel Group (Italy), ExoPackaging (India), Amcor Ltd. (Australia), Berry Global, Inc. (U.S.), Kaufman Container (U.S.), American Pacific Corporation (U.S.), Silgan Holdings (U.S.), CKS Packaging (U.S.), and others.

    The factors that make North America the top performing region in the global market include mounting health awareness, high standard of living, and soaring demand as well as consumption of bottled water.

    The trend of development of innovative design as well as new packaging solutions to facilitate packaging and weight reduction can benefit the market in the years to come.