Bottled Water Processing Market Expansion to be Persistent during 2016 – 2021 | Market Data Forecast
The Global Bottled Water Processing Market
was worth USD 1.7 billion in 2016 and is estimated to be growing at a CAGR of
5.67%, to reach USD 2.24 billion by 2021. The market is showcasing moderate
potential in the mentioned forecasting period. Water is an important product of
our day to day to life and it is also important on chemical and microbiological
levels. The main purpose of bottled water processing is to produce water that
is free of pathogenic organisms and protozoa which would otherwise deteriorate
the quality of water and reduce its shelf life. Growing health concerns related
to drinking water boosts the global bottled water processing market.
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The art of processing water aims at purifying
the water and make it fit for drinking. There are a wide range of technologies
available which are used for the treatment of water. The technology involved for bottled water
processing are reverse osmosis, microfiltration, chlorination, ultrafiltration,
bottle washing and filling. Reverse osmosis, ultrafiltration, and
microfiltration are membrane filtration technologies which are used for
purification. A pressure driven technology is used for filtration which
separates solids from liquids or gases by posing a medium through which only
the liquid can pass. It is a significant tool which is used in many water
processing industries.
The Bottled Water Processing Market is driven
by the rapid growth in the purity requirements in the beverages sector.
Additionally, the growing health concerns and subsequently the increased
consumption of bottled water has added fuel in the growth of the market. The
major factor restraining the growth of the bottled water processing market is
the high capital investments required in the setting up of a new facility.
Also, the waste created by bottled water in the form of plastic is a major
concern for many environmentalists. These issues restrains the growth of the
market.
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The Global Bottled Water
Processing Market is broadly categorized into the equipment type (Filter, Bottle Washer, Filler, Capper, Blow
Molder, Shrink Wrapper), the technology used (RO, UF, MF, Chlorination, Washing
and Filling). Based on application, the market is further segmented into Still
water, Flavoured water and Sparkling water. Still water accounted for the
highest revenue of the overall market and Flavoured water is projected to
witness highest growth rate during the forecast period. On the basis of
geography, the global market is analysed under various regions namely North
America, Europe, Asia-Pacific and Rest of the World. The Bottled Water
Processing market was dominated by North America, with the overall market share
of over 30% globally. North America was followed by Europe and Asia Pacific.
Asia Pacific is predicted to grow at a rapid pace in the coming few years.
Some of the major companies
dominating the Bottled Water Processing Market, by their products and services
include Pall Corporation, General Electric, The Dow Chemical Co., Seychelles
Environmental Technologies Inc., Velocity Equipment Solutions Inc., Norland
International Inc., Liquid Packaging Solutions Inc., and Axeon Water
Technologies.
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