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Global Bottled Water Processing Market Vendor Landscape, Growth Potential And Segment Forecasts
Bottled water processing equipment consists of equipment that purifies water for bottled water manufacturing. There are wide ranges of technologies used for the treatment of water. Technological development in the bottled water industry is accelerating with a pace at which equipment are being modified and produced. The most commonly used technologies for processing and packaging of bottled water are: Blow molding for PET bottles, chemical treatment, disinfection, bottle washing, filtration and filling & capping. The type of technology to be applied depends on the type of water source (such as river water, ground water, surface water, and well water), specified parameters to be altered (solids, bacteria, virus), for bottled water. The selection of the equipment depends upon the quantity of water to be treated, physical and chemical parameters, and conjunction with other processes involved.
The global bottled water technology & equipment market is driven by many factors such as the increase in consumption of bottled water and technological advancement. The increase in demand for potable water in the Asia-Pacific region has played a considerable role in the increased market size for the bottled water technology & equipment market.
Bottled Water Processing Market Size, by Technology, 2014 vs. 2019 ($Million)
E – Estimated; P – Projected
Others* include UV exposure & packaging
Source: Expert Interviews and MarketsandMarkets Analysis
The bottled water processing market is projected to grow at a CAGR of 5.5% between 2014 and 2019. The market was dominated by North America in 2013, which accounted for around 30% of the total bottled water processing market. On the other hand, Asia-Pacific is projected to be the fastest-growing market for the period considered for this study, due to growing demand for bottled water consumption in the form of bulk formats for both commercial and household purpose and increasing awareness of drinking safe water. In terms of technology, the reverse osmosis segment dominated the market in 2013. It is projected to be the largest market for the bottled water processing market from 2014 to 2019.
The bottled water processing market is characterized by intense competition due to the presence of a large number of both large- and small-scale firms. Expansions, acquisitions, agreements, and new product launches are the key strategies adopted by market players to ensure their growth in the market. The market is dominated by players such as Pall Corporation (U.S.), General Electric (U.S.), and Dow Chemical Co. (U.S.)
The other players such as Seychelles Environmental Technologies, Inc. (U.S.), Velocity Equipment Solutions Inc (U.S.), Norland International Inc. (U.S.), Liquid Packaging Solutions Inc. (U.S.), and Axeon Water Technologies (U.S.) also have a strong presence in the market.
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