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Bottled Water Production in the US - Industry Market Research Report

  • December 2016
  • -
  • Ibisworld
  • -
  • 38 pages

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Thirst quenching: Greener practices and strengthening consumer demand will lead to steady growth



Abstract

Bottled Water Production in the US

The Bottled Water Production industry continues to generate revenue growth in response to changing consumer taste preferences. Demand for industry products has shown impressive growth, particularly early on in the five years to 2016. Industry revenue grew as consumers with greater levels of disposable income resumed purchases of bottled water, sparkling water, flavored water and manufactured ice. Moving forward, the industry is expected to experience continued revenue growth, particularly among the growing number of US consumers that value the industry's products for their potential health benefits. Despite regular concerns over climbing plastic and resin prices, industry revenue is expected to grow. Bottled water producers will continue to face various challenges arising from the potential for increasing plastic and resin prices and growing competition from alternative bottled beverages, soft drinks and home filters. Companies have focused on public relations efforts by pledging to use sustainable bottling materials and will continue to market bottling operations to emphasize its shrinking negative effect on the environment.

Operators in this industry purify and bottle water into plastic and glass bottles for retail. Bottles are capped and labeled before being sold. Companies in this industry typically have a variety of water offerings, including spring water, mineral water, sparkling water and flavored water in a range of sizes. This industry includes ice manufacturing, but does not include any beverage production operations other than water varieties.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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