The North America Bottled Water Processing Market was worth USD 0.6 billion in 2021 and is estimated to be growing at a CAGR of 5.81%, to reach USD 0.8 billion by 2026. The market is showcasing evident potential in the mentioned forecasting period.
Bottled water processing includes various different technologies centred on the level of purity required. There are numerous technologies available for refining the water. Rise in the living standards and increased consumption of bottled water has enhanced the Europe bottled water processing market.
The Bottled water processing doesn’t involves any heavy transformation processes but a relatively light manufacturing process. The art of processing water aims at purifying the water and make it fit for drinking. There are a wide range of technologies available which are used for the treatment of water. The manufacturing method is mainly related to the energy required for the complete process. The use of technology like RO, UF, MF, etc. have added new features to the drinking water. These processes not only make the water fit for drinking but also add a taste to the water.
The market is driven by the shortage of water, contamination of water bodies and growing health concerns in the North America region. Recently, USA and Canada are witnessing high demand of bottled water, mainly due to the rising urbanization, aging population, and increasing lifestyle diseases. This is increasing the growth of the bottled water processing market in this region. The major factor hindering the growth of the bottled water processing industry is the initial capital requirements, the fusion of chemicals with bottled water and growing environmental concerns with the use of plastic. These issues restrains the growth of the market.
The North America market for Bottled Water Processing is broadly categorized into the equipment type (Filter, Bottle Washer, Filler, Capper, Blow Molder, Shrink Wrapper), the technology used (RO, UF, MF, Chlorination, Washing and Filling). Based on application, the market is further segmented into Still water, Flavoured water and Sparkling water. Still water accounted for the largest share of the overall market and Flavoured water is projected to witness high growth rate during the forecast period.
Geographically the North America Bottled Water Processing Market is segmented into US, Canada and Rest of North America. The bottled water processing was dominated by USA, with the overall market share of over 60%. USA was followed by Canada. Canada is predicted to grow at a rapid pace in the coming few years.
Key Players in the Market:
Major Key Players in the North America Bottled Water Processing Market are
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