Asia-Pacific 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 - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
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According to the report, published by Market Data Forecast, Asia-Pacific Bottled Water Testing Equipment Market has been estimated at USD 1.38 billion in 2016 growing at a CAGR of 7.92% and poised to reach USD 2.02 billion during the forecast period from 2016 to 2021.
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The APAC Bottled Water Testing Equipment market is showcasing significant potential in the mentioned forecast period. The market continues to build up momentum with the emerging economies in regions like Asia-pacific, Europe, etc which has led the market to show such huge growth over recent years.
Bottled water is a kind of packaged drinking water, generally found as either distilled, mineral or in other such form.
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Bottled water is mainly of two type, that is carbonated or non-carbonated. Thus, it is important to test the quality of these bottled water, in order to check for safety against any diseases and also fulfil the regulatory requirements.
Growing need for quality testing of water is driving the growth of the market over past few years. Apart from this, other major factors are advancements in testing technology, stringent regulatory requirement and rise in consumption of bottled water.
On the other side, there are some factors holding back the market from reaching its potential. The important ones include, high cost of testing equipment, high capital investments, and impact on environment.
These few factors need to be dealt with, in order for the market to show its potential growth.
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The Asia-Pacific Bottled Water Testing Equipment market is categorized on the basis of component, technology and test type. The market segmentation based on test type is done into chemical, microbial, physical and radiological.
Based on technology, the segmentation is done under traditional and rapid, which is further divided into chromatography, spectroscopy, testing kits and others. Based on component, the market is segmented into instruments, consumables & reagents and reference materials.
On the basis of geography, the Asia-Pacific market is analysed under various regions namely China, India, Australia, Japan and South Korea.
Some of the major companies dominating the Bottled Water Testing Equipment Market are Bio-Rad Laboratories Inc., Agilent Technologies Inc., Waters Corporation, Thermo Fisher Scientific Inc., Perkinelmer Inc., Shimadzu Corporation, Sigma-Aldrich Corporation, Restek, Accepta and Lamotte Company
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