Bottled Water Production in the US - Industry Market Research Report
Description
Bottled Water Production in the US
Operators in the Bottled Water Production industry produce a range of bottled water products, including spring water, mineral water, sparkling water and flavored water. Beverage offerings vary in size to satisfy demand from both businesses and consumers. Growing awareness of the health consequences associated with consuming drinks concentrated with sugar or other additives has contributed to growing demand for industry products over the past five years. The rising popularity of sparkling and flavored water products in recent years exemplifies this trend, with consumers able to afford more of these products as per capita disposable income has risen. However, the industry has contended with changing consumer behaviors, including the cultural shift away from single-use bottles. Furthermore, aside from the initial rush to stockpile bottled water in preparation for the COVID-19 pandemic, purchases of industry goods fell in 2020 in response to ongoing socioeconomic prohibitions, which have affected away-from-home sales. Overall, industry revenue declined at a CAGR of 0.1% to $8.3 billion over the past five years, including a decline of 0.1% in 2023.
Operators in the Bottled Water Production 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 provide various 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.
Operators in the Bottled Water Production industry produce a range of bottled water products, including spring water, mineral water, sparkling water and flavored water. Beverage offerings vary in size to satisfy demand from both businesses and consumers. Growing awareness of the health consequences associated with consuming drinks concentrated with sugar or other additives has contributed to growing demand for industry products over the past five years. The rising popularity of sparkling and flavored water products in recent years exemplifies this trend, with consumers able to afford more of these products as per capita disposable income has risen. However, the industry has contended with changing consumer behaviors, including the cultural shift away from single-use bottles. Furthermore, aside from the initial rush to stockpile bottled water in preparation for the COVID-19 pandemic, purchases of industry goods fell in 2020 in response to ongoing socioeconomic prohibitions, which have affected away-from-home sales. Overall, industry revenue declined at a CAGR of 0.1% to $8.3 billion over the past five years, including a decline of 0.1% in 2023.
Operators in the Bottled Water Production 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 provide various 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.
Table of Contents
52 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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