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Showing posts with the label India Bottled Water Market

The bottled water market reaches ~403.06 Bn by 2023

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The unavailability of clean water in many areas is encouraging the growth of the bottled water market. As India bottled water market segments have begun extensively contributing to the overall growth of the market, it is expected to reach INR ~403.06 Bn by 2023 from its present value of ~160 Bn.  The bottled water market in India is projected to expand at a CAGR of ~20.75% from 2018 till the next five years. Brands such as Bislery, Kinley, and Aquafina will continue to dominate the Indian bottled water industry. Stock keeping unit (SKU): The four main types of Stock Keeping Units are found in India. (1) 1-liter bottles, (2) 2-liter Bottle, (3) 500-milliliter Bottles, (4) 250-milliliter bottles pouches and another SKU of bottled water include (5) 15-20 liters of barrels. The one-liter bottles happen to have the largest share in the market which reaches around ~42% while the 500-milliliter and 250-milliliter bottles stand second in the list.  Market tre...

India Bottled Water Market Forecast 2020 - Aarkstore

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Bottled Water Market in India 2017 states that the bottled water market is growing at a CAGR of ~22.3%. Growth in income and consumption, growth in urbanization and population, increasing level of health awareness, influx of foreign tourist and growth in retail market are major drivers for the industry. Also, bottled water is purified and contains dissolved minerals that have several health benefits. Major challenges that are affecting the market are increase in spurious bottled water brands, low penetration in rural market, and increase in transportation cost, brand category differentiation and increase in water purifiers. The BIS had formulated mandatory certification to avoid entrance of spurious brands and cancellation of licenses. High transportation cost affects the ability to have an inland presence, thereby benefitting only large establishments in India. Key players in the Indian Bottled water market include Bisleri International Pvt. Ltd., Coca Cola India Pvt....