Bottled Water Packaging Market-New Research Report Announced with business priorities in order to assist companies to realign their business strategies.
City of Industry, CA -- (SBWIRE) -- 07/13/2018 -- This report studies the Bottled Water Packaging market size by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Vessels for water transport have been a part of human society and survival for a long time now. Over time, after the discovery of materials such as polymers, the concept of water in sealed cans and bottles came into being and has since been evolving at a fast pace. While it was intended for small scale use at first, the commercialization of bottled water and the immediate surge of locally made imitation product makers caused the explosion in demand and distribution of bottled water. Innovators also came up with ways to seal in carbonated water, further increasing the demand for bottled water packaging.
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The growing consumption of bottled water across the globe and the rising prevalence of water-borne diseases are expected to encourage the growth of the global bottled water packaging market in the coming years. In addition, the easy availability and convenience provided by bottled water for travelers is predicted to supplement the growth of the overall market in the near future. According to the research study, the global market for bottled water packaging is estimated to grow at a healthy rate in the next few years. Furthermore, a significant rise in the number of players and the growing focus on attractive packaging are estimated to augment global bottled water packaging market in the coming years. The increasing expenditure of key players on advertising and marketing activities in order to reach a large number of consumers and gain profits is expected to supplement the growth of the market in the coming few years.
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.
In 2017, the global Bottled Water Packaging market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% between 2018 and 2025.
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This report focuses on the global top players, covered
Market segment by Regions/Countries, this report covers
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Market segment by Application, the market can be split into