A commodity that quickly became the essential accessory, bottled water has
seen its sales increase 49% between 2002 and 2007. (This was a 31% increase in
constant 2007 prices.) Mintel dives in to address the state of the bottled water
industry, noting both threats and opportunities in the marketplace:
While water sales were impressive during the first five years of the review
period, a slow down occurred between 2006 and 2007. Sustainability is the
primary cause, with consumers becoming more aware of the environmental effects
of water bottle waste.
Efforts to “green” the
bottled water market are underway, with major companies offering bottles made
with less plastic and more initiatives to recycle the plastic that is used.
Water has been “upgraded” as
consumers look for premium in every aspect of their lives. Plain water is losing
ground to the flavored and enhanced sub-segment, led by popular products such as
vitaminwater and Propel fitness water.
65% of respondents to Simmons NCS report drinking bottled water. According to
Mintel’s exclusive research 43% of respondents drink
flavored bottled water, while 43% drink enhanced (flavored or unflavored)
bottled water.
This report builds on the analysis presented in Mintel’s Bottled Water—US, May 2006. Mintel
covers the US market for bottled water as defined by the International Bottled
Water Association (IBWA). The IBWA defines bottled water as water that is sealed
in a sanitary container to be sold for human consumption. This water may come
from a natural spring or be artificially purified. Flavored carbonated and
non-carbonated waters are included in this report, but water from bulk
dispensers or coolers, water sold in restaurants, and home or office water
delivery are not. Resources: ReportLinker
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