Bottled Water Testing Equipment Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI2358
Bottled Water Testing Equipment Market size is liable to grow at a moderate CAGR as bottled water is becoming one of the need of the hour. This testing equipment comprises of a multi-barrier approach which includes distillation, micro-filtration, reverse osmosis, carbon filtration, ultraviolet light (UV) and ozonation. Product is extensively used for detecting organisms as Vibrio cholera, E. coli and other pathogens. This testing of the bottled water is required to recognize the heterotrophic, coliforms, mold, yeast, coliforms, pH, turbidity, conductivity and ozone residual.
Rapidly rising water-borne diseases and subsequently rising health concerns among consumers in Asia Pacific are expected to drive product demand which will help attain substantial gains to the bottled water testing equipment market size during the forecast period. Additionally, stringent regulations formulated by regulatory bodies namely World Health Organization (WHO), U.S. Department for Human & Health Service, etc. encourage healthy lifestyles to reduce impact of disease causing agents which in turn will have positive impact on the bottled water testing equipment market size in the coming years.
Furthermore, the EU commission’s regulation for food and drugs is also likely to make noteworthy contribution to the bottled water testing equipment market size in the coming years.
Rising R&D investment to develop new technologies for physical water testing, microbial, chemical i.e. pesticide pollutants, toxic by-products and pharmaceutical residues is likely to make substantial investment to bottled water testing equipment market size over the projected timeframe.
High product price and the continuous advancement in the technology used for testing bottled water is probable to hamper bottled water testing equipment market in the coming years.
Based on technology the bottled water testing equipment market size is segmented into traditional and advanced. Then advanced is further classified into chromatography, spectroscopy and other instruments including as Immunoassay, PCR etc. In chromatography segment, the testing equipment separate the mixtures in the water whereas in spectroscopy the testing equipment measures the radiation intensity of the water.
Based on component the bottled water testing equipment market is segmented into consumable & reagents, lab instruments and reference materials. These components are required for testing the quality and edibility of the bottled water. Quite a no. of lab instruments are required in this process such as one time use plastic containers to be crushed after use, one time use plastic container in the shape of cup or glass/tumbler, containers made of glass material to be used after sterilization.
Based on test type the bottled water testing equipment market is segmented into radiological, microbiological, physical testing and chemical testing. Chemical testing is the most popular type of testing method. The testing is done to check for pesticide pollutants, pharmaceutical residues and toxic by-products.
Asia Pacific bottled water testing equipment market size is anticipated to grow at a healthy CAGR in the coming years primarily due to rising awareness towards health concerns and stringent regulations imposed by regulatory bodies to encourage healthy lifestyle.
Followed by Asia-Pacific, North America and Europe are also expected to make significant contribution to the bottled water testing equipment market size in the coming years. This is mainly due to the strict regulations that are led down by the authorities like FDA and EU Commission. The Middle East, Africa and Latin America are at an infant stage as per the bottled water testing equipment market is concerned due to the lack of consciousness about the testing of water along with absence of stringent regulatory authorities in the region.
Presence of bottled water testing equipment manufacturing giants in India including PepsiCo (Aquafina), Nestle, Coca-Cola (Kinley) have pronounced India as a market with abundant potential which had led to building up quite a no. of bottling water plants. The potential here in India is abundance, even the bottled water manufacturing giants situated in India are experiencing a big hike in the demand from the consumers.
Some of the prominent bottled water testing equipment market players are Waters Corp., ThermoFisher Scientific, Inc., Restek Corp., LaMotte Company, Inc., Accepta AS, Bio-Rad Laboratories, Inc., Shimadzu Corporation, Agilent Technologies, Inc. and Perkin Elmer Inc.
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