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 - Starting a New Business Chapter
According to the Australasian Bottled Water Institute, parties interested in entering the industry are generally either owners of a water source or owners of a brand. Spring owners wanting to enter into manufacturing and production can do so in partnership with a brand owner, or can establish their own brand and production facilities. Brand owners can either source water from a public water source or can purchase water from a supplier.
The industry is highly concentrated, with the two largest manufacturers in this industry being highly diversified, producing a range of beverages with established distribution networks. As a result they have a competitive advantage over new entrants. Commercial relationships with wholesalers and retailers may be difficult to establish... purchase to read more