Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Single Serve Water Packaging Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.3% during the review period (2022 to 2027).
Single Serve Water Packaging Market Overview
The convenience that unit dosage packaging has brought to consumers' product consumption has considerably increased market growth for unit dose packaging, especially sing-serve water packaging. Given that packaged water is one of the most popular packaged beverages worldwide and that demand is expanding quickly, there is a substantial market opportunity for single-serve water packaging. PET bottles were mostly used to package single-serve water at first, but as time has gone on, the packaged water sector has embraced a variety of packaging forms to market its brands, such as metal cans and liquid cartons. The global single-serve water packaging market is predicted to grow at a remarkable rate due to evolving packaging formats and gradually rising unit dose and packaged water consumption.
Recent Developments:
Berry Global introduces reusable on-the-go drinking bottle
July 5, 2022 :US-based plastic packaging company Berry Global has introduced Vita Round, a reusable drinking bottle intended to replace single-use bottles.The 500ml bottle is designed to address increasing demand for a convenient on-the-go drinking solution.Berry Global produced the bottle using a unique copolyester, Tritan, which has high clarity and is almost unbreakable.
Who are the Major Players in Single Serve Water Packaging Market?
The global Single Serve Water Packaging includes identification and analysis of the various market participants competing in the global market. Prominent competitors include Sonoco Products Company, Amcor, Berry Global, Gerresheimer AG, Alpha Packaging, Crown Holdings, Berlin Packaging Company, Independent Can Company, Rexam PLC and many others
What are the major Applications, Types and Regions for Single Serve Water Packaging Market?
Single Serve Water Packaging Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
- Bottles
- Metal Cans
- Pouches
- Liquid Cartons
- Other
By Application it is segmented into
Single Serve Water Packaging Market Regional Analysis
During the forecast period, North America is anticipated to hold the top spot in terms of revenue within the global single-serve water packaging market. Growth in this region is being fueled by elements including increased disposable income, rising consumer health concerns, and rising convenience demand. Due to the fact that so many players have been concentrating on growing their operations in this region, Latin America is predicted to be the second-largest region within the global single-serve water packaging market. Within the global market for single-serve water packaging, Europe holds a little proportion. Growth in Europe is being fueled by elements including shifting consumer lifestyles and rising demand from developing nations.
Due to factors like rapid urbanisation with regard to infrastructure development, which has caused people to prefer packaged goods over fresh products, rising population, which influences consumption patterns, penetration of retail outlets as a result of privatisation initiatives by governments & growing private sector investments, and rising health care costs, the Asia Pacific region holds a significant share of the global single-serve water packaging market in terms of both value and volume. Due to reasons like increased consumer health concerns and rising disposable income levels, the Middle East and Africa are predicted to experience significant growth during the projection period. Governments are also making significant investments in this region's diverse nations' infrastructure.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Single Serve Water Packaging Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 4.3% during the review period (2022 to 2027).
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By Type
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- Bottles
- Metal Cans
- Pouches
- Liquid Cartons
- Other
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By Application
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By Companies
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Sonoco Products Company, Amcor, Berry Global, Gerresheimer AG, Alpha Packaging, Crown Holdings, Berlin Packaging Company, Independent Can Company, Rexam PLC
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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132
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Single Serve Water Packaging Report
- Evaluate Single Serve Water Packaging market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Single Serve Water Packaging market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
- It further investigates the specifics that are positively impacting the profit graph of this business sphere.
- The study also elaborates the critical factors which will augment the commercial terrain of the Single Serve Water Packaging market.
Frequently Asked Questions
What is the study period of this market?
The Single Serve Water Packaging Market is studied from 2017 - 2027.
What is the growth rate of Single Serve Water Packaging Market?
The Single Serve Water Packaging Market is growing at a CAGR of 4.3% over the next 5 years.
Who are the leading key players in Single Serve Water Packaging Market?
Sonoco Products Company, Amcor, Berry Global, Gerresheimer AG, Alpha Packaging, Crown Holdings, Berlin Packaging Company, Independent Can Company, Rexam PLC
What regions does this Single Serve Water Packaging Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Single Serve Water Packaging Market?
Bottles, Metal Cans, Pouches, Liquid Cartons
What are the significant Applications of Single Serve Water Packaging Market?
Delivery, Packaging, Other
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
