Industry Analysis & Industry Trends
Though the industry was hobbled by a brief period of low demand due to falling disposable incomes and increasing scrutiny about environmental impacts, the coming years will bring a recovery. Consumers with more spending money will resume their purchases of bottled water. Meanwhile the industry's adoption of eco-friendly practices will likely persuade environmentally conscious consumers to buy its products, while making operators more efficient at the same time. Still, increasing environmental regulations and rising input prices will threaten profit margins over the next five years... purchase to read more
Industry Report - Starting a New Business Chapter
Water regulations and the rapid rate of technology change coupled with strong brand loyalty by consumers are the greatest barriers to entry for the Bottled Water Production industry. New entrants must determine their source of water, come up with a water management and testing plan and determine whether it is viable before investing in the equipment and technology required to package the water commercially. The initial investments in equipment and technology are high and likely to prevent a new entrant from being able to initially price their water low enough to gain market share. Consumers often stay with a specific brand of bottled water because they prefer the taste or the packaging, making it hard for a new company to convince people to try their product... purchase to read more