Market Data Forecast

Bottled Drinking Water Testing Market to Witness a Rapid Growth Owing to the High Demand in the Asia-Pacific Region

The Global Bottled Water Testing Equipment Market was worth USD 5.1 billion in 2016 and estimated to be growing at a CAGR of 5.45%, to reach USD 6.65 billion by 2021

 

Hyderabad, India -- (SBWIRE) -- 02/24/2018 -- Market Data Forecast has announced the addition of the "Bottled Water Testing Equipment Market by Technology (Traditional, Rapid (Spectroscopy, Chromatography, Testing Kits, Others)), by Test Type (Chemical, Physical, Microbial, Radiological), by Component (Instruments, Reference Materials, Consumables & Reagents), and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)" report to their offering.

Bottled water is a type of packaged drinking water which can be either refined, mineral or in other such structures. Bottled water comes in the two choices of carbonated or non-carbonated. Thus it is important to quality test these filtered water, so as to satisfy administrative prerequisites and check for wellbeing against any maladies. The expanding utilization of water bottles is one of the essential factors that is driving the interest for cutting edge filtered water testing hardware. Keeping the end goal in mind to satisfy this request, innovative headways are continually being embraced for substituting more seasoned techniques with more viable ones. The developing procedures of water bottle testing are relied upon to lessen the cost of testing and increment the viability too.

The Global Bottled Water Testing Equipment Market was worth USD 5.1 billion in 2016 and is estimated to be growing at a CAGR of 5.45%, to reach USD 6.65 billion by 2021. The market is showing huge potential for growth in emerging economies like Asia-Pacific and Europe.

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Bottled Water Testing Market: Drivers and Challenges
Growth in the requirement for quality testing of water has been driving the development of the market over late years. Aside from it, other main considerations include headways in testing innovation; ascend in the utilization of filtered water, stringent administrative necessity and Growing health consciousness.

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There are few elements keeping the market from achieving its potential. The significant ones incorporate high capital speculations, the high cost of testing hardware and effect on the environment. These elements should be managed, for the market to demonstrate its potential development

The Global Bottled Water Testing Equipment Market is segmented on the basis of technology, test type and component.
The market segmentation on the basis of test type is done under chemical, physical, microbial and radiological. Based on technology the market is categorized into traditional and rapid, which is further divided into spectroscopy, chromatography, testing kits. By components, the segments are instruments, reference materials and consumables & reagents.
Some significant manufacturers of the market include Bio-Rad Laboratories Inc., Agilent Technologies Inc., Waters Corporation, Thermo Fisher Scientific Inc., Perkinelmer Inc., Shimadzu Corporation, Sigma-Aldrich Corporation, Restek, Accepta, Lamotte Company

Regional Overview
Based on geoography, the worldwide market is broke down under different areas in particular North America, Europe, Asia-Pacific and Rest of the World. The Bottled Water Testing Equipment showcase was commanded by Asia-Pacific, with the general piece of the pie of more than 34% all around. Asia-Pacific was trailed by Europe and North America. Asia Pacific is foreseen to create at a quick pace while Europe feature is required to be torpid in the coming years.

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Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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