Bottled Water Packaging Market Size

Bottled Water Packaging Market Analysis

The Bottled Water Packaging Market size is estimated at USD 51.46 billion in 2024, and is expected to reach USD 66.38 billion by 2029, growing at a CAGR of 5.22% during the forecast period (2024-2029).

The packaged water industry, and by extension, the bottled water packaging industry, is growing quickly as public awareness of the importance of clean drinking water rises. Additionally, the use of recyclable polymers in the production of bottles is making a good impact on consumers.

• The beverage industry is one of the pioneers with considerable expansion and technology modernization investments. Packaging water is a complex technical area of the industry. The packaged and bottled water packaging industries are experiencing rapid growth as public awareness of the need for pure drinking water increases.
• Bottled water is considered one of the most consumed beverages due to its convenience. The bottle packaging is also suitable for long-distance transportation of water. Boiling water at home is time-consuming and energy inefficient. It is anticipated to contribute significantly to the growth of the bottled water packaging market. In emerging markets, it became a symbol of a healthy lifestyle. The rise in awareness about consuming safe water for a healthy life and contaminated tap water is creating a huge market opportunity for bottled water. It, in turn, will create a positive outlook on the bottled water packaging market.
• Moreover, bottled mineral water is purified and fortified with dissolved minerals, providing added health benefits to consumers. The innovative designs and new packaging solutions contributed to packaging and weight reduction improvements. Hence, acting as the driver for the bottled water packaging market.
• However, environmental regulations imposed by the government due to improper disposal of plastic bottles will likely curb the bottled water packaging market size during the forecast period.
• COVID negatively impacted the global bottled water packaging market- 19. The transportation and tourism sectors' inactivity caused a substantial decline in the demand for packaged drinking water and water packaging bottles. While some mineral water businesses began home delivery and shifted to the online market, there was very little demand. However, the popularity of packaged drinking water grew over time because it can prevent the spread of viruses by limiting people's interaction with public water sources.
• Moreover, the Russia-Ukraine war significantly impacted the bottled water packaging market. Businesses operating in the area with close financial ties to the region are considering the war into account as they examine how it may affect their operations over the long run.