The global bottled water testing equipment market size is expected to grow from USD 5.29 billion in 2020 to USD 6.79 billion by 2026 at a CAGR of 4.3%.
The rapid increase in bottled water use, increased waste disposal, awareness of health effects of wastewater, increased regulations on bottled water quality, and technological advances in the water testing industry are some of the factors driving this market.
The global market, based on technology, is divided into rapid and traditional, where rapid technology is further categorized as chromatography, spectroscopy, testing kits, and other technologies. The market based on component is divided into reference materials, consumables & reagents, and instruments, where consumables & reagents are expected to grow at the highest rate. The bottled water testing equipment market, by test type, is segmented into physical, chemical, microbiological, and radiological test markets.
The chemical test type is the largest and the fastest-growing category among the test types. This is due to the high-cost equipment associated with chemical testing, such as chromatography. Increased use of agricultural pesticides has been reduced to processed water used in bottled water. And there has been a gradual increase in the testing of heavy metals in bottled water to drive the market for the fine metal. The frequency of purchases of raw materials and reagents is much higher than that of machinery.
The global bottled water testing equipment market was dominated by the North American region in 2020. In the US, bottled water for the sale of other bottled drinks on shelves in cities such as New York, Boston, Los Angeles, San Francisco, Las Vegas, Houston, Miami, and Washington DC in bottles. The presence of many players around the world in the bottled water testing equipment market in the region has led to the high availability of the product in the region.
Asia-Pacific is a fast-growing region for the bottled water testing equipment market due to the huge increase in the demand for bottled water. The booming market of bottled water has led to the emergence of unregulated and unregulated companies that produce water from improper sources and sell it without proper management. This has necessitated the testing of bottled water and the growing market for test equipment.
The high cost of testing equipment is one of the biggest challenges in the resource utility market. And the adoption of advanced testing methods equates to the cost of sample testing. water testing labs and bottled water manufacturers find it challenging to adapt to a variety of advanced technologies and methods. Adverse environmental impacts such as uncontrolled use and pollution of PET containers are one of the major challenges to the growth of the bottled water industry.
The major players of the bottled water testing equipment market are Thermo Fisher Scientific (US), Agilent Technologies Inc. (US), Waters Corporation (US), Perkin Elmer Inc. (US), Sigma-Aldrich Corporation (US), Shimadzu Corporation (Japan), Bio-Rad Laboratories (US), Restek Corporation (US), Danaher Corporation (US), Hitachi High-Technologies Corporation (Japan), Accepta (U.K.), Idexx Laboratories (US), and Lamotte Company (US).