by The global bottled water packaging market size surpassed USD 99.51 billion in 2022 and is expected to hit around USD 195.75 billion by 2032, poised to grow at a CAGR of 7% from 2023 to 2032.
The bottled water packaging market has experienced robust growth, influenced by diverse factors in recent years. The surge in global health consciousness and a growing preference for convenient, on-the-go hydration have driven the demand for bottled water, subsequently fueling the packaging market. Manufacturers are increasingly focusing on sustainable packaging solutions, leading to innovations in eco-friendly materials and reduced plastic usage. The rise of e-commerce and changing consumer lifestyles have also contributed to the market’s expansion, with a growing trend towards single-use, portable packaging formats.
Moreover, stringent regulations regarding the safety and quality of packaged water have played a pivotal role in shaping packaging standards. As the industry continues to address environmental concerns and embraces technological advancements, the bottled water packaging market is poised for sustained growth, characterized by a balance between convenience, sustainability, and regulatory compliance.
Key Takeaways
- The market for bottled water packaging is dominated by North America.
- The most popular material utilised to create water bottles is plastic.
- The market for still bottled water is driven by the increasing need for affordable, safe drinking water.
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Report Scope of the Bottled Water Packaging Market:
| Report Coverage | Details |
| Market Size in 2023 | USD 106.48 Billion |
| Market Size by 2032 | USD 195.75 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 7% |
| Largest Market | North America |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Material and By Product |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Read More: Cold Form Blister Packaging Market Size to Hit USD 7.96 Billion by 2032
Bottled Water Packaging Market Dynamics
Driver:
The bottled water packaging market is experiencing a notable uptick in demand, largely propelled by the increasing global need for clean drinking water. As awareness of water quality and health-conscious consumer preferences continue to rise, there is a growing demand for convenient and safe packaging solutions. Bottled water, serving as a portable and accessible source of clean drinking water, is at the forefront of this trend.
Consumers are seeking reliable and hygienic packaging that preserves the purity of the water from production to consumption. This surge in demand is not only influenced by individual preferences but also by the expanding need for on-the-go hydration in various settings. The bottled water packaging market is thus responding to this demand by innovating in packaging materials, designs, and sustainability practices to provide a secure and convenient solution for the growing global demand for clean and potable drinking water.
Restraint:
The bottled water packaging market faces a notable challenge due to the availability of alternatives. As environmental concerns regarding plastic waste and single-use packaging continue to grow, consumers and regulatory bodies increasingly explore and advocate for eco-friendly options. This heightened awareness has led to the rise of alternative packaging materials and formats, such as aluminum cans, glass bottles, and sustainable packaging solutions.
The availability of these alternatives poses a potential threat to traditional plastic bottled water packaging. To address this challenge, stakeholders in the bottled water packaging market need to proactively invest in sustainable practices, explore eco-friendly packaging options, and communicate these efforts transparently to consumers. Adopting innovative, environmentally conscious packaging solutions can help mitigate the impact of growing concerns about plastic waste and maintain competitiveness in an evolving market landscape.
Opportunity:
The bottled water packaging market is witnessing a substantial surge in demand, propelled by the rising consumer preference for premium drinking water. As health-conscious consumers seek high-quality and premium water sources, the bottled water packaging industry is experiencing a notable shift in focus. The demand for sophisticated and aesthetically pleasing packaging options is on the rise, reflecting a desire for a premium experience associated with the consumption of bottled water.
Premium bottled water often includes enhanced features such as alkaline pH levels, unique mineral compositions, and specialized filtration processes, driving the need for packaging that not only preserves the water’s purity but also complements its premium positioning. This trend creates opportunities for innovation in packaging design, materials, and labeling to meet the discerning expectations of consumers seeking a premium and refreshing bottled water experience. The bottled water packaging market is well-positioned to cater to this growing demand for premium quality and aesthetically pleasing packaging solutions in the evolving landscape of the beverage industry.
Recent Developments
- July 2022 – Sidel International’s Aseptic Predis X4s blow-fill-cap solution, which incorporates consolidated Predi dry preform sterilisation, is ideal for the growing market of PET bottles that are sensitive.
- July 2022 – Amcor Limited has introduced examples of recyclable PET-based liquor bottles that comply with the recently authorised U.S. Tax and Trade Bureau (TTB) sizes. With this new product, Amcor hopes to provide customers with the freedom to investigate uncharted territory.
Bottled Water Packaging Market Players
- Amcor Ltd.
- SKS Bottle & Packaging Inc.
- Greif Inc.
- Silgan Holdings
- ExoPackaging
- American Pacific Corporation
- Berry Global Inc.
- CKS Packaging
- Sidel Group
- Kaufman Container
Segments Covered in the Report
By Material
- Plastics
- Polyethylene Terephthalate
- Polycarbonate (PC)
- High-density polyethylene (HDPE) plastics
- Glass
- Other
By Product
- Still Bottled Water
- Carbonate Bottled Water
- Flavoured Bottled Water
- Functional Bottled Water
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
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