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Bottled Water Packaging Market Size
- Report ID: GMI6696
- Published Date: Sep 2023
- Report Format: PDF
Bottled Water Packaging Market Size
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 |
|---|---|
| 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.
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Bottled Water Packaging Market Scope
