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 SWOT Analysis Chapter
The Bottled Water Manufacturing industry is currently in a mature phase of its life cycle. Over the 10 years through 2018-19, industry value added is estimated to increase at an annualised rate of 1.4%, underperforming the overall economy, which is forecast to grow at 2.5% over the same period. This performance can be attributed to unpredictable market variations such as the global financial crisis and detrimental weather conditions. Despite this underperformance, there are signals the industry is in a mature phase. Factors suggesting this maturity include a slowdown in product innovation and product introductions with greater focus on marketing of existing lines, manufacturing efficiencies and brand consolidation... purchase to read more