Asia Pacific Bottled Water Testing Equipment Market has been estimated at USD 1.53 billion in 2022 growing at a CAGR of 7.92% and poised to reach USD 2.25 billion during the forecast period from 2023 to 2028.
The Bottled Water Testing Equipment market is showcasing significant potential in the mentioned forecast period. The market continues to build up momentum with the emerging economies in regions like Asia-pacific, Europe, etc which has led the market to show such huge growth over recent years.
Bottled water is a kind of packaged drinking water, generally found as either distilled, mineral or in other such form. Bottled water is mainly of two type, that is carbonated or non-carbonated. Thus, it is important to test the quality of these bottled water, in order to check for safety against any diseases and also fulfil the regulatory requirements.
Growing need for quality testing of water is driving the growth of the market over past few years. Apart from this, other major factors are advancements in testing technology, stringent regulatory requirement and rise in consumption of bottled water. On the other side, there are some factors holding back the market from reaching its potential. The important ones include, high cost of testing equipment, high capital investments, and impact on environment. These few factors need to be dealt with, in order for the market to show its potential growth.
The Asia-Pacific market for Bottled Water Testing Equipment is categorized on the basis of component, technology and test type. The market segmentation based on test type is done into chemical, microbial, physical and radiological. Based on technology, the segmentation is done under traditional and rapid, which is further divided into chromatography, spectroscopy, testing kits and others. Based on component, the market is segmented into instruments, consumables & reagents and reference materials.
Geographically the Asia Pacific Bottled Water Testing Equipment Market is segmented into India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia.
Key Players in the Market:
Major Key Players in the APAC Bottled Water Testing Equipment Market are
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