Global Bottled Water Packaging Market 2016-2020 – Increased Focus on Lightweight Packaging – Research and Markets
July 1, 2016 | By Business Wire News
DUBLIN
Research and Markets has announced the addition of the “Global Bottled Water Packaging Market 2016-2020” report to their offering.
The report forecasts the global bottled water packaging market to grow at a CAGR of 5.58% during the period 2016-2020.
Focus on lightweight packaging is one of the major trends in the market. This process involves redesigning of packaging material to reduce weight without compromising on its quality. The R&D teams of metal packaging vendors produce packaging that is light and easy to carry. They use different methodologies to identify and monitor improvements by tracking changes in the average total weight of packaging. Reducing the weight of packaging material and modifying pack formats to light configurations also allow vendors to reduce the cost of transportation.
According to the report, the market share of the carbonated soft drink (CSD) segment has been declining for 10 consecutive years, and there is growing demand for other types of drink such as functional drinks. Packaging manufacturers are altering their product lines to accommodate this shift and are making changes to their packaging formats. The bottled water market has expanded to include flavored and functional (enhanced) bottled water segments. These segments include water that has added ingredients such as natural and artificial flavors, minerals, sugar, and vitamins.
Further, the report states that the global packaging industry is facing a major challenge to achieve economies of scale by having adequate large-scale production capacity. Vendors in the market need to have large production plants or product lines to meet the increasing demand for bottled water packaging.
Key vendors:
- Amcor
- Berry Plastics
- Graham
- Greif
- Plastipak
- RPC
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by material
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
For more information visit http://www.researchandmarkets.com/research/qcc9rr/global_bottled
View source version on businesswire.com: http://www.businesswire.com/news/home/20160701005842/en/
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Sector: Bottled Water, Beverage Packaging