Bottled Water Packaging Market Trends

Growth Drivers

• Growing Prevalence of Diarrhea to Boost the Market Growth - As of 2019, nearly 8% of all deaths of children below 5 were caused by diarrhea across the globe. Diarrhea can be a serious medical problem if it isn’t treated properly at the right time. When suffering from diarrhea a person suffers from watery stool and can be associated with abdominal pain, vomiting, nausea, and others. The major cause of diarrhea is the penetration of parasites via contaminated food and water. Hence, a demand for purified water emerges and estimated to flourish the bottled water packaging market growth over the forecast period.

• Rising Sales of Bottled Water - For instance, in 2022, the average volume of bottled water per person was estimated to be about 15 liters in India alone.
• Significant Growth in the Global Tourism - The total number of international tourist arrivals was estimated to be around 450 million in 2022.
• Increasing Production of Bottles - It is estimated that approximately 80 billion water bottles are produced every year globally.

Challenges

• Negative Impact on the Environment
• Disrupted Supply-Chain due to COVID-19
• Requirement for Higher Initial Investment