Enjoy complimentary customisation on priority with our Enterprise License!
Extensive research carried out by the analysts at Technavio has shown that the global bottled water packaging market to grow at a moderate CAGR of more than 5% by revenue during the forecast period. The rising consumption of bottled water is one the key factors driving the bottled water packaging market globally. Moreover, the increasing prevalence of waterborne diseases and scarcity of tap water has led to an augmented demand for bottled water. Moreover, bottled water is convenient because boiling water at home is time-consuming and cumbersome. Furthermore, bottled water has a consistent taste and quality, making it the preferred choice for travellers. The need to provide safe drinking water and an expanding population in countries such as India will propel the growth prospects of the bottled water packaging market in the coming years.
In this industry report, the analysts estimated factors such as the increasing focus on improving and redesigning of the packaging material to spur the growth of the bottled water packaging market until the end of 2020. Customers prefer buying products with attractive packaging, so manufacturers are continuously trying to reinvent and enhance the packaging for bottled water. Moreover, aesthetically appealing features provide an opportunity for manufacturers to differentiate their products from their competitors. For instance, in May 2014, Owens-Illinois launched two new beverage bottles that offer premium appearance. An augmented demand for aesthetically appealing packaging for bottled water will accelerate this market’s growth during the predicted period.
During 2015, the plastic segment dominated the bottled water packaging market and accounted for nearly 86% of the market share. The demand for plastic packaging in the bottled water market is growing steadily compared with other packaging materials. Factors such as the lightweight and cost-effective properties of plastic will drive this market segment’s growth in the coming years.
In this market research study, the analysts have estimated the Americas to be the largest bottled water packaging market in the forecast period and is expected to account for a market share of more than 33% until the end of 2020. Factors such as the rising health consciousness and consequent increase in the consumption of bottled water will aid in the growth of this market in the Americas.
The global bottled water packaging market is highly fragmented owing to the presence of many well-diversified international, regional, and local suppliers. Several new vendors are emerging in the market, but they find it tough to compete with international vendors in terms of features, functions, and services. The competitive environment is expected to intensify with an increase in product extensions, innovations in technology, an increase in product extensions, and M&A.
Key vendors in this market are -
Other prominent vendors analyzed in this report are Alpha Group, Alpack Plastics, Ampac, APEX Plastics, CKS Packaging, ExoPackaging, Greiner Packaging International, Kaufman Container, Sidel International, Silgan Holdings, and SKS Bottle & Packaging.
Technavio also offers customization on reports based on specific client requirement.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by material
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Appendix
PART 15: Explore Technavio
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.