Industry Analysis & Industry Trends
The Bottled Water Manufacturing industry has performed well over the past five years, and competition has increased, following the introduction of private-label bottled water brands. Rising competition has driven volume growth, through lower prices and increased availability, but such prices have also meant that revenue has grown at a slower rate. IBISWorld forecasts that industry revenue will grow over the five years through 2014-15 at an annualised 3.7%, to $710.7 million. In 2014-15, industry revenue is expected to grow 5.0%.
Demand for bottled water has been mostly buoyed by population growth and ongoing consumer desire for healthy, convenient beverages. The industry also faced downward pressure from consumers' increased focus on its environmental footprint... purchase to read more
Industry Report - Industry Analysis Chapter
Over the five years through 2014-15, revenue in the Bottled Water Manufacturing industry has been restrained, despite growing sales volumes. Revenue growth, while driven by consumer demand for healthy, convenient beverages, has slowed in the past five years as the industry has matured and competitive pressures have set in. Growing environmental opposition has weighed on bottled water sales and forced costly upgrades to manufacturing processes, in order to improve the environmental credentials of the industry. Revenue growth has performed better since 2012-13, as foreign firms have entered the market through acquisitions. Industry revenue is forecast to grow 5.0% over 2014-15... purchase to read more