Global Single-serve Water Packaging Market Overview

Unit dose packaging has greatly added convenience for the consumption of products to the consumers, leading to rapid growth in the unit dose packaging market, including sing-serve water packaging market. Packaged water is one of the highly consumed packaged beverage in the world and father growing rapidly in global demand, creating a large opportunity for the single-serve water packaging market. Initially, PET bottles were majorly used for single-serve water packaging, while now the packaged water industry has adopted several packaging formats for promoting their brand, including metal cans and liquid cartons. With developing packaging formats and gradually increasing consumption of unit dose packaging and packaged water, the global single-serve water packaging market is anticipated to expand at an impressive pace.

Global Single-serve Water Packaging Market Dynamics

Although the volumetric capacity of a single-serve water packaging is not well defined, the packaged water supplier prefer to limit the capacity to one liter, considering the requirement of around three liters of daily water consumption of an average adult. The single-serve water packaging provides an advantage of use and throw, that is unlike multiple use water packaging solutions such as large plastic water cans, the consumer need not carry the packaged water. This has driven the demand for single-serve water packaging at tourism-driven economies.

Moreover, the consumer trust built on the single-serve water packaging has driven the adoption of single-serve water packaging solutions by Horeca (Hotels, Restraints & Cafes) industry. The packaged water producing companies have introduced premium water segment which has witnessed exceptional growth in the developed economies. As premium products require premium look packaging, glass bottles, liquid cartons and metal cans with highly aesthetic appearance are preferred as the single-serve water packaging solution. This factor has attributed to the growth of single-serve water packaging.

Global Single-serve Water Packaging Market Segmentation

The global single-serve water packaging market can be segmented on the basis of packaging type as

  • Bottles
    • Glass Bottles
    • Plastic Bottles
  • Metal Cans
  • Pouches
    • Flat Pouches
    • Standup Pouches
  • Liquid cartons

The global single-serve water packaging market can be segmented on the basis of packaging type as

  • Metal
    • Aluminum
    • Stainless steel
    • Tin Plated Steel
  • Plastic
    • Polyethylene Terephthalate (PET)
    • Polypropylene
    • Polyethylene
      • HDPE
      • LDPE
      • LLDPE
    • Paperboard
    • Glass

The global single-serve water packaging market can be segmented on the basis of volumetric capacity as

  • Up to 200 ml
  • 200 to 500 ml
  • 500 to 750 ml
  • Above 750 ml

Global Single-serve Water Packaging Market Regional Outlook

The adoption rate of sing-serve water packaging is observed to be very high in the urban area of developing countries such as Latin America and the Asia Pacific. Tourism has played a crucial role in the growth of demand for single-serve water packaging in Latin America and Asia Pacific region, along with Europe region. As around 60% of the world’s population resides in the Asia Pacific region, the geography is estimated to account for the highest market share in the global single-serve water packaging market.

Also, the demand for flat pouch as a single-serve water packaging is considered high in the Asia Pacific region. The developed economies of North America and Western Europe region are expected to account for the high demand for premium water, driving the metal cans and glass bottles as single-serve water packaging solution. The penetration of liquid carton as a single-serve water packaging solution is considerably high in the Europe region. On the other hand, plastic bottles and flat pouches are the most preferred single-serve water packaging solution in the Asia Pacific and Latin America region.

Global Single-serve Water Packaging Market Key Players

Some of the key players in the global single-serve water packaging market include

  • Amcor Ltd.
  • Sonoco Products Company
  • Berry Global Inc.
  • Alpha Packaging Inc.
  • Gerresheimer AG
  • Rexam PLC
  • Silgan Containers LLC
  • Kian Joo Can Factory Berhad
  • Independent Can Company
  • Trinity Holdings
  • Berlin Packaging Company
  • Crown Holdings, Inc.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Single Serve Water Packaging Market

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