According to Stratistics MRC, the Global Bottled Water Testing Equipment market is expected to grow from $6.04 billion in 2016 to reach $9.40 billion by 2023 with a CAGR of 6.5%.
Gaithersburg, Maryland, United States – January 9, 2018 —
Growing consumption of bottled water across the nations, growing demand for quality pure water, and strict regulations on bottled water manufacturers are some of the major factors forcing the global bottled water testing equipment market growth. On the other hand, high testing equipment costs, and high capital investments to set up a unit are the factors inhibiting the market growth.
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On the basis of test type, chemical segment is expected to capture the largest market share during the forecast period. Chemical tests are carried out on different chemicals like pharmaceutical residues, pesticide pollutants and toxic by-products. The chemical contaminants create health problems, resulting in strict regulations. In order to analyze the chemical contaminants thoroughly high valued equipment is necessary which increase the demand for this segment.
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By geography, Asia Pacific region is the fastest growing region due to the growing awareness towards water contaminants and increase in the demand for bottled water. The growth is accounted for increased demand from India, and china. The key bottled water manufacturers such as PepsiCo (Aquafina), Coca-Cola (Kinley) and Nestle have established India to be a potential market and are growing their geographical share in the country through the development of number of bottling water plants.
Some of the key players in global Bottled Water Testing Equipment market include Shimadzu Corporation, Thermo Fisher Scientific, Inc., Accepta AS, Agilent Technologies, Inc, LaMotte Company, Inc, Waters Corporation, Bio-Rad Laboratories, Inc., Perkinelmer, Inc., Restek Corporation and Sigma-Aldrich Corporation.
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• Reference Materials
• Consumables & Reagents
• Other Components
Test Types Covered:
Bottled Water Types Covered:
• Sparkling Flavored Water
• Sparkling Unflavored Water
• Still Flavored Water
• Still Unflavored Water
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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