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Subject: MRR

Global Bottled Water Processing Market Forecast to 2028 - Sparkling Water Demand Surges Globally


DUBLIN, March 19, 2024 /PRNewswire/ -- The "Global 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 - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

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The bottled water processing market comprises the bottled water market and the bottled water equipment market. The bottled water market is projected to reach USD 457.1 billion by 2028 from USD 311.1 billion by 2023, at a CAGR of 8% during the forecast period in terms of value. And, the bottled water equipment market is projected to reach USD 9.5 billion by 2028 from USD 7.2 billion by 2023, at a CAGR of 5.7% during the forecast period in terms of value.

The bottled water processing market thrives in emerging economies by addressing water quality challenges and, globally, responds to the escalating demand for clean drinking water amid population growth and urbanization.

The bottled water processing market's significance in emerging economies lies in its ability to address issues of water quality and accessibility, offering a reliable source of clean drinking water. In these markets, where traditional water sources may be unreliable or contaminated, the processing of bottled water becomes a vital solution, catering to the rising consumer demand for safe and convenient hydration options. Moreover, the market's role expands globally as population growth strains existing water resources and infrastructure.

The demand for bottled water processing technologies and products becomes a strategic response to the challenges posed by increased urbanization and a growing population, ensuring a consistent supply of clean and safe drinking water. As regulatory standards and consumer preferences evolve, the bottled water processing industry plays a pivotal role in meeting the dynamic demands of a changing global landscape, emphasizing the importance of innovation and sustainability in ensuring water quality and accessibility worldwide.

Asia Pacific is projected to witness the highest growth rate during the forecast period

The Asia Pacific region, particularly China, Indonesia, and India, emerges as a dominant force, steering the industry's growth. Fueled by burgeoning populations, rapid urbanization, and evolving consumer preferences, these countries have become key players in shaping the trajectory of bottled water processing. China, with its colossal population and increasing urbanization, stands as a major driver for the bottled water processing market. As urban lifestyles evolve and health consciousness rises, Chinese consumers are gravitating towards packaged and purified water options, propelling the demand for advanced processing technologies.

In Indonesia, a nation characterized by its archipelagic geography and diverse demographics, the demand for bottled water processing is driven by factors such as a growing middle class, changing lifestyles, and concerns about the quality of tap water. The market in Indonesia reflects a blend of urban and rural demands, creating a diverse landscape for bottled water processing companies to navigate.

India, with its vast and varied population, is witnessing a surge in the demand for bottled water as access to safe drinking water remains a concern in many regions. The bottled water processing market in India is buoyed by a mix of urbanization, increased disposable income, and a heightened focus on health and hygiene. Sparkling Water is gaining rapid popularity in the bottled water market across the globe and is forecasted to have the highest growth rate.

The global bottled water market has witnessed a dynamic shift in consumer preferences, with a notable surge in the popularity of sparkling water. Sparkling water, also known as carbonated or fizzy water, has carved a distinctive niche within the industry, driven by changing tastes and an increasing focus on healthier beverage options.

Consumers seeking a refreshing and flavorful alternative to traditional still water have fueled the demand for sparkling water. The effervescence and subtle bubbles in sparkling water provide a unique sensory experience, making it an appealing choice for those looking to break away from mundane hydration routines. This trend aligns with the broader movement towards healthier beverage choices, as sparkling water offers a crisp and satisfying option without the added sugars and calories often found in carbonated sodas.

By Packaging Material, plastic form dominated the market for bottled water in value terms

Plastic, as a predominant packaging material in the bottled water market, has been both a facilitator of convenience and a subject of environmental concern. Widely adopted for its durability, lightweight nature, and affordability, plastic bottles have become ubiquitous in the industry. The convenience of portability and the ability to ensure product safety have contributed to the popularity of plastic packaging.

By technology, the filtration segment is expected to have the highest growth rate in the global bottled water equipment market

Filtration technology stands at the forefront of advancements in the bottled water equipment market, playing a pivotal role in ensuring the quality and purity of the final product. As consumers increasingly prioritize access to clean and safe drinking water, filtration has become a critical component in the production process.

Modern filtration technologies deployed in bottled water equipment encompass a spectrum of techniques, including reverse osmosis, activated carbon filtration, and microfiltration. Reverse osmosis, for instance, utilizes semipermeable membranes to remove impurities and contaminants, ensuring a high level of water purity. Activated carbon filtration is effective in eliminating odors and improving taste by adsorbing organic compounds, chlorine, and other undesirable elements. Microfiltration involves the use of microscopic pores to separate particles and bacteria, providing an additional layer of protection. The adoption of advanced filtration technologies not only ensures the removal of impurities but also contributes to enhancing the overall taste and clarity of bottled water. This technological evolution aligns with consumer expectations for premium-quality water products.

Key Topics Covered:

Executive Summary

Premium Insights

Market Dynamics

Drivers

Restraints

Opportunities

Challenges

Technology Analysis

Case Study Analysis

Companies Profiled

For more information about this report visit https://www.researchandmarkets.com/r/swsojp

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