Bottled Water Processing Equipment Market Forecast Hit by Coronavirus Outbreak, Downside Risks Continue to Escalate

The global bottled water processing equipment market size is expected to reach US$ 392.9 Bn by the end of 2020. According to a study by Future Market Insights (FMI), the market will show a steady rise at 6.4% CAGR between 2020 and 2030. According to the report, key factor in boosting demand in the bottled water market is the rising health concern arising from the consumption of contaminated water mostly derived from tap water. The lack of safe drinking water readily available to populations, particularly in developing countries, and concerns about contaminated municipal tap water are proposals that have supported the rapid expansion of the bottled water market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

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“A key factor driving growth of the global bottled water processing equipment market is increasing demand for high quality water from customers due to growing health concerns. In addition to this, product launches and attractive packaging offered by leading players are likely to impel growth in the market,” said a lead analyst at FMI.

It includes in-depth insights into the bottled water processing equipment market. Some of these are:

  • The estimated value of the market was at US$ 211.3 Bn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • The Asia Pacific region is growing fast in terms of bottled water processing equipment market.

China and India are the countries which are leading to business growth. Germany and Italy are the major users of the bottled water in the European region.

  • The main drivers of the Asia-Pacific retail economy include high consumption, changing drinking patterns, bulk water purchases and raising disposable incomes.
  • The global market relies heavily on the technologies and equipment used for bottled water production.
  • High investment in bottled water equipment poses a big obstacle for manufacturers.
global bottled water processing market pr

Demand will Rise Due to the Stockpiling Behavior Due to COVID-19 Outbreak

While the global COVID-19 crisis continues to grow, and rumors of shortages of bottled water make headlines. Water companies have a deep awareness of the importance of quality water and wastewater services in our everyday lives and during a public health crisis and are committed to taking action to ensure that our water systems work both efficiently and safely. In addition, due to this outbreak and the need to access clean water to support personal hygiene and general public safety, many consumers store their pantries with the extra bottled water.

Who is Winning?

The major market players of the global bottled water processing equipment market include Pall Corporation, Dow Chemical Co., Velocity Equipment Solutions Inc., Liquid Packaging Solutions Inc., General Electric, Seychelles Environmental Technologies, Inc., Norland International Inc. and Axeon Water Technologies. Throughout the bottled water market, manufacturers are gradually capitalizing on public worries regarding the prevalence of chemical pollutants in the drinking water, rendering it unsafe for the population to drink. This can be due to the lack of appropriate legislation to guarantee tap water protection in many communities in developing regions around the world.

Get Valuable Insights into Bottled Water Processing Equipment Market

Future Market Insights, in its new report, presents an unbiased analysis of the bottled water processing equipment market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. The bottled water processing equipment market is globally segmented into its equipment, technology, application, and region. On the basis of the equipment, the global market is categorized into filters, fillers and cappers, shrink wrappers, case packing equipment, bottle washers, blow molders and labeling. Based on the technology, the market is divided into ultrafiltration, chlorination, UV exposure and packaging, reverse osmosis, microfiltration and bottle washing and filling. On the basis of the application, the market is segregated into the flavored water, mineral water, still water and spring water. Regionally, the market can be segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania and MEA.

Report Scope

  • Base year considered – 2020
  • Actual estimates/Historical data – 2015 – 2019
  • Forecast period – 2020 – 2030
  • Forecast units – Value (USD) Bn
  • Segments covered – Equipment, Technology, Application and Region

Download Complete TOC of this Report: https://www.futuremarketinsights.com/toc/rep-gb-11433

BOTTLED WATER PROCESSING EQUIPMENT MARKET TAXONOMY

The global Bottled Water Processing market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Equipment

  • Filter
  • Bottle washer
  • Filler & capper
  • Blow molder
  • Shrink wrapper

Technology

  • RO
  • UF
  • MF
  • Chlorination
  • Washing
  • Filling

Application

  • Flavored water
  • Mineral water
  • Still water
  • Spring water

About the Food & Beverage Division at Future Market Insights

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from across the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

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