Industry Analysis & Industry Trends
The Bottled Water Manufacturing industry has slowed dramatically in the past five years, despite strong overall growth over the past decade. Recent uncertain economic conditions have stunted industry revenue, with profit pushed lower, despite renewed demand. IBISWorld expects that industry revenue will grow slightly over the five years through 2013-14, at an annualised 1.5%, to $621.6 million. In 2013-14, industry revenue is expected to also show relatively lacklustre growth of 1.6%.
Demand for bottled water has been mostly buoyed by ongoing consumer desire for healthy, convenient beverages, while the industry also faced downward pressure from volatile economic conditions, low consumer sentiment and an increased focus on the industry's environmental footprint... purchase to read more
Industry Report - Industry Analysis Chapter
Over the five years through 2013-14, revenue in the Bottled Water Manufacturing industry has been restrained, despite growing volume sold. Revenue growth, while driven by consumer demand for healthy, convenient beverages, has slowed substantially in the past five years compared with the high growth prior to the global financial crisis. This is due to uncertain economic conditions affecting demand and downward pressure on margins. Since 2008-09, growing environmental opposition and a fall in the mean temperature have weighed on bottled water sales. However, is expected to pick up in 2013-14 as consumer spending drives demand. Industry revenue is forecast to grow 1.6% over the year... purchase to read more