DUBLIN--(BUSINESS WIRE)--The "Global Bottled Water Packaging Market - Segmented by Material (Plastic, Metal, Glass), and Region - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The bottled water packaging market is expected to witness a CAGR of 6.86% over the forecast period of 2018-2023.
Bottled water is considered as a safer option over tap water. Growth in waterborne diseases specifically, in rural areas are contributing towards increasing demand for bottled water packaging. Moreover, to avoid ill-health conditions, regions having unpotable water supply are shifting toward canned water bottle supply. Presently, with more than 700 million people across 43 countries suffering from water scarcity and the sustained rise in wastewater generation, the demand for safe water has surged.
Plastic packaging has become ubiquitous across the globe owing to its significant features over other forms of packaging. With its ability to meet diverse packaging needs, from electronic components to shelf-able packaging for food and beverages. Consumer preference for plastic packaging in the bottled water industry has been observed over other products, as plastic packages are lightweight and easier to handle.
The rising population and growth in purchasing power of consumers in developing countries of the Asia-Pacific, like India and China, is anticipated to stimulate the growth during the forecast period. Moreover, the region also boasts the presence of a significant number of players, which is another factor expected to act as a driver. The growing influx of tourists in countries, such as China and Thailand, which witnessed 59 million and 32.6 million tourists in 2016, is expected to drive the demand for bottled water packaging.
- Amcor Ltd.
- Plastipak Holdings Inc.
- Graham Packaging Company
- Ball Corporation
- Alpha Group
- Sidel International
- Alpack Plastics
Key Topics Covered:
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Market Segmentation
6. Competitive Intelligence - Company Profiles
7. Investment Analysis
8. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/f2vnnn/global_bottled?w=4