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Some of the leading players in the global bottled water processing equipment market include Pall Corporation, Dow Chemical Co., Velocity Equipment Solutions Inc., Liquid Packaging Solutions Inc., General Electric, Seychelles Environmental Technologies, Inc., Norland International Inc. and Axeon Water Technologies.
Market players are currently focusing on capital investments to gain competitive edge. Besides this, they are looking to enter into strategic collaborations with regional market players to expand their geographical footprint.
The still water segment is likely to hold the maximum share in the market. The increasing demand for coolers, dispensers, and pumps is pushing the bottled water production. Smaller pack formats of still bottled is currently in high demand in the household sector.
The demand witnessed in restaurants, retail stores and food service chains is expected to rise as well boosting the global bottled water processing equipment market. Recently, the USA government as approved bottled water as a packaged food community. This makes it a safe and convenient source of water for consumers.
The rising disposable income, increasing awareness of consumers with regards to hygiene and product quality and the rising demand for better convenience are driving the bottled water sales hence the bottled water processing equipment market.
The significant changes in dietary preference among consumers has spurred the demand for nutrition and aromatized water. This calls for advancements in bottled water processing. In Asia Pacific for instance, there is high dependence on natural sources of water, making wastewater treatment imperative in the region.
Countries such as India and China with more than 2.77 billion population bears a huge burden on natural resources. Agricultural runoff, sewage, and industrial chemicals often contaminate water bodies in these nations.
Therefore, it is of utmost importance to establish and promote the application of cost-effective membrane filtration products. This also creates a lucrative market for bottled water processing equipment.
Bottled water is seen as a simple way to remain hydrated and sustaining a balanced diet. The bottled water segment is identified as an attractive segment in the USA beverage industry due to its various qualities such as comfort and convenience it provides to consumers. Furthermore, they consider bottled water as a quality and healthy source of water.
However, the bottled water market in the USA is highly regulated by the Food and Drug Administration (FDA) as a packaged food commodity to ensure people get healthy and secure source of drinking water. Bottled water processing is therefore practiced under strict guidelines in the country. This inevitably creates demand for improvements in bottled water processing equipment.
Rising demand for water purification will drive the global market. In terms of technology, the reverse osmosis and the still water segments are dominating the market. The rising demand for exotic flavours and developing bold and enticing packaging to attract customers are calling for innovations in bottled water processing equipment.
In addition to this, concerns pertaining to health issues are rising, creating demand for improved processing. Spurred by these factors, the global bottled water processing market will witness impressive growth in the coming years.
The bottled water processing equipment market is likely to record a CAGR of 8.4% through 2032.
The bottled water processing equipment market size is expected to be USD 637.2 Mn by 2032.
The bottled water processing equipment market share is likely to grow over USD 284.44 Mn in 2022.
North America is the dominant bottled water processing equipment market.
The global Bottled Water Processing market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
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Bottled Water Processing Equipment Market
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