What is Packaged Drinking Water?
Packaged drinking water refers to the water that is packaged in plastics and glass containers. Packages of drinking water are developed from various packaging materials which can be rigid (HDPE, glass containers, and others), semi-rigid (PET and PVC containers and others), and flexible (plastic films such as LDPE and others) in nature. On the basis of physical, chemical, and functional properties these materials are selected for particular type of drinking water packaging.
This report incorporates an in-depth assessment of China packaged drinking water market by type of packaging, quantity, type of water, water quality, and province.
What are the major types for packaged drinking water?
The various types includes purified water, spring water, mineral water, sparkling water, and among others. Spring water is usually safe from contaminants (i.e. pathogens, chemicals, metals), since groundwater is naturally filtered as it flows through the soil. Hence, spring water is generally safe for human consumption. Natural water is used to make spring or mineral bottled water. The demand for spring water is high in China as consumers prefer natural drinking water. Although, the fear of pollution is driving Chinese consumers towards expensive branded waters, as it is based on the same standards as purified water.
Market Research and Market Trends of China Packaged Drinking Water:
- The next few years will prove to be substantial for the water packaging material suppliers owing to an increasing consumption of packaged drinking water in China.
- Treated water is estimated to dominate the China Packaged Drinking Water Market with a share of around 85%, thus crediting a value of $9.57 billion in 2020. The market is forecast to witness a growth of nearly 14.27% projecting to around $21.50 billion by 2025.
- China packaged drinking water market follow direct distribution channels. Most of the sales are done in this industry through their own distribution networks, with many companies having their standard and licensed distributors.
- Innovation is the key to success in this industry, each suppliers is focusing on the innovative packaging for drinking water. This helps to create unique brand identity and differentiate from its suppliers.
- China packaged drinking water market is growing rapidly over the past decade due to growing population and awareness to consume safe and pure water. The packaged drinking water market is saturated but innovation opportunities still exists.
- As per recent analysis, the China packaged drinking water market is forecast to surpass $24.82 billion by 2025 majorly driven by increasing health awareness and people switching from carbonated soft drinks to packaged water.
Who are the Major Players in China packaged drinking water market?
The companies referred to in the market research report includes Nongfu Spring, Tingyi, Wahaha, C’estbon, Ganten, Evergrande Spring, Alkaqua, Watsons, Ice Dew, and Nestle.
What is our report scope?
The report gives in-depth analysis of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics and its impact during the forecast period 2020-2025.
Key Takeaways from this Report
- Evaluate market potential through analyzing growth rates (CAGR %), volume (units) and value ($m). Country level data is provided based on – product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitors’ performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and increase efficiency of your processes.
- Get a quick outlook on the market entropy – M&As, deals, partnerships, and product launches of all key players in the past four years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than 20 top countries, for the market.
Table of Contents
Methodology
LOADING...