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Bottled Water Packaging Market size was valued at around USD 40 billion in 2022 and is estimated to register 4.7% CAGR between 2023 and 2032. Bottled water offers convenience for on-the-go consumption, making it a popular choice among consumers with busy lifestyles. Growing awareness of the importance of hydration for health and well-being drives the demand for easily accessible bottled water.
Urbanization and the need for convenient and portable hydration solutions contribute to the demand for bottled water in densely populated areas. Bottled water is perceived as a safe and pure source of drinking water, especially in regions with concerns about tap water quality.
Report Attribute | Details |
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Base Year: | 2022 |
Bottled Water Packaging Market Size in 2022: | USD 40 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 4.7% |
2032 Value Projection: | USD 6.7 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 191 |
Segments covered: | Packaging Material, Product, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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The industry faces criticism for contributing to plastic waste and environmental pollution due to the use of single-use plastic bottles. Proper recycling and disposal of plastic bottles can be challenging, especially in regions with inadequate recycling infrastructure. As consumers and stakeholders demand more sustainable solutions, the industry must find ways to reduce its carbon footprint, use eco-friendly materials, and promote recycling. Thus, the risks associated with Bottled water packaging may drive down the acceptance rate, further hampering the business growth.
Bottled water was perceived as a safer and more hygienic option compared to tap water, driving increased consumption. There was a shift towards larger packaging formats, such as multi-packs and bulk containers, as consumers reduced shopping trips. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is anticipated to drive the global market growth in the upcoming years.
Brands are exploring ways to reduce the use of plastic in bottled water packaging, including lightweighting bottles, using alternative materials, and adopting refillable or reusable packaging models. Consumer demand for eco-friendly options has led to an increased emphasis on sustainable packaging materials such as recycled PET, bioplastics, and alternative packaging formats that reduce environmental impact.
Based on packaging material, the bottled water packaging market is segmented as Polyethylene Terephthalate, Glass, Cans, Cartons, Others. Polyethylene Terephthalate held a majority market value of over USD 38 Billion in 2022. PET bottles are lightweight and easy to carry, making them convenient for on-the-go consumption. Clear PET bottles allow consumers to see the product, fostering transparency and trust.
Based on application, the bottled water packaging market is segmented as Still Water, Carbonated Water, Flavored Water, Functional Water, Others. Still water held a dominant market share of over 70% in 2022. Portability and ease of purchase make bottled water a popular option for busy consumers.
Based on distribution channel the bottled water packaging market is segmented as Retail Stores, Online Retail, Direct-to-Consumer, Others. Retail Stores held a dominant market share in 2022 and is anticipated to grow at 4.5 % CAGR till 2032. Bottled water is a convenient choice for consumers shopping at retail outlets and convenience stores.
U.S. dominated the North American region with majority market share and a revenue of over USD 8 billion in 2022. The emphasis on health and hydration drives the demand for convenient and portable bottled water options among consumers in North America.
Some of the major business players operating in the bottled water packaging market are :
These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
Bottled water packaging market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments:
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By Packaging Material
By Application
By Distribution Channel
The above information is provided for the following regions and countries: