Manufacturers in the
bottled water market are increasingly capitalizing on consumer concerns about the presence of chemical contaminants in the tap water, making it unfit for drinking for the population.
The
Bottled Water Processing market was valued at USD 1.986 Billion in 2018 and is projected to reach USD 2.765 Billion by 2024, at a CAGR of 5.67% during the forecast period.
The PSQCA
bottled water quality standard for sodium is 50 ppm and for fluoride is 0.7 ppm, the report said.
The PSQCA's
bottled water quality standard for sodium is 50ppm and for fluoride it is 0.7ppm.
A video circulated recently on social media sparked residents' fears over the safety of
bottled water, as it claimed that such types of products caused fatigue, headaches and affected the immune system when ingested.
Due to the unavailability of pure drinking water, a large population is left with no choice but to buy
bottled water, especially during traveling.
The modest income aspirations of many families reveal that the expenditure for
bottled water as an added basic necessity reduces their already meager budget.
These units were manufacturing substandard
bottled water without licence from the PSQCA.
"Research and polling indicate people are continuing to make the switch from other packaged drinks to
bottled water," says Joe Doss, IBWA president and CEO, who points to the following key reasons for the shift:
Based on geographic/regional distribution the global
Bottled Water Market is studied for key regional markets focusing on the respective geographic trends and statistics, and thereby delivering market size and forecast values.
Specifically, with Americans drinking an average of nearly 139 litres of
bottled water in 2016, it showed that
bottled water sales outpaced those of carbonated soft drinks in 2016, in terms of volume, for the first time in history.