Health-conscious Americans are consuming water from disposable plastic bottles at a rate of
more than 70 million
bottles each day.
What percentage of people buy bottled water?
And for many, bottled water is a critical alternative to other packaged beverages, which are often less healthy. The same Harris Poll mentioned above also found
94 percent
of Americans buy bottled water, and 91 percent want it available where other drinks are sold.
How many Canadians use bottled water?
According to Statistics Canada survey in 2015,
19 percent
of Canadian households drink primarily bottled water.
How big is the water bottle industry?
The market size, measured by revenue, of the Bottled Water Production industry is
$8.0bn in 2022
. What is the growth rate of the Bottled Water Production industry in the US in 2022? The market size of the Bottled Water Production industry is expected to increase 2.4% in 2022.
How large is the water bottle industry?
| Report Attribute Details | Market size value in 2022 USD 8.92 billion | Revenue forecast in 2030 USD 12.61 billion | Growth rate CAGR of 4.3% from 2022 to 2030 | Base year for estimation 2021 |
|---|
How many water bottles do Americans buy?
Americans purchase approximately
42.6 billion individual 1-liter bottles of water each year
. Globally, people go through roughly 200 billion plastic water bottles annually.
How much do Americans spend on water bottles?
Many consumers consider bottled water to be a part of their regular grocery expense. Over the last decade it has become a staple with the average American spending
over $100 per year/per person
.
How many water bottles are thrown away annually?
Each day, people in the U.S. throw away more than 60 million plastic water bottles, most of which end up in landfills or as litter in America's streets, parks and waterways. Americans throw away
35 billion
empty water bottles a year. Of those, only 12 percent are recycled.
Why do Americans use water bottles?
People in the USA generally believe that
bottled water is cleaner and health wise safer than tap water
. It is also more convenient to carry a small bottle around to drink water when one desires.
Who drinks the most bottled water?
In terms of sheer volume,
China
consumed most of the world's bottled water in 2015, and is projected to account for 20 percent of total bottled water consumption by 2020.
Is bottled water the most popular drink?
In 2020,
bottled water accounted for roughly 24 percent of beverage consumption in the United States, making it the most consumed type of beverage that year
.
Which country has best tap water?
Switzerland
is repeatedly recognized as a country with the best quality tap water in the world. The country has strict water treatment standards and superior natural resources with an average rainfall per year of 60.5 inches. In fact, 80% of the drinking water comes from natural springs and groundwater.
How much money does Canada make by selling water?
In Canada, retail sales of bottled water were forecast to reach around
4.46 billion U.S. dollars in 2022
. This would be an increase of around 16 percent since 2018, when retail sales stood at approximately 3.83 billion U.S. dollars.
Is bottled water safer than tap water?
Tap water and bottled water are generally comparable in terms of safety
. So the choice of tap or bottled is mostly a matter of personal preference. In the U.S., the Food and Drug Administration (FDA) oversees bottled water, while the Environmental Protection Agency (EPA) regulates tap water.
How profitable is a water bottle business?
A bottled water plant is profitable provided; there is a strategic business plan in place.
The average profit margin ranges between 25-30% for small and medium-scale water plants
. It can be as high as 60% for large bottle production and as low as 15% for small bottles.
How much profit is made on a bottle of water?
As you might assume, the profit margins in the bottled water industry are exceedingly high; the normal profit margin on bottled water is an astounding
50 to 200%
. Ironically, as select corporations become richer because of these profit margins, many in the developing world lack access to clean water.
How much does the water bottle industry make?
Consistent with that data, sales revenues for the U.S. bottled water market in 2019 were
$19.4 billion in wholesale dollars
, a 5.6% increase over the previous year.
What is the biggest water bottle company?
| Rank Water Bottle Company Headquarters | 1 Aquafina Wichita, Kansas, USA | 2 Dasani Atlanta, Georgia, USA | 3 Nestlé Vevey, Vaud, Switzerland | 4 Danone Paris, France |
|---|
How much is the bottled water industry worth 2021?
The global bottled water market size was valued at
USD 283.01 billion
in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.7% from 2022 to 2030.
Who are the largest US sellers of bottled water?
In 2020, private labels dominated the bottled water market in the United States, with sales amounting to approximately 2.9 billion U.S. dollars. The leading vendor of the year was
Nestlé Waters North America, Inc.
, which generated roughly 2.3 billion U.S. dollars in sales.
Which state buys the most bottled water?
California
is one of the states that consumes the most amount of bottled water each year.
How many water bottles does a reusable bottle save?
Americans purchase about 50 billion water bottles per year, averaging about 13 bottles per month for every person in the U.S.! That means by using a reusable water bottle, you could save an average of
156 plastic bottles annually
.
Is bottled water a waste of money?
You're wasting money
If you're regularly buying bottled water, you're spending far more money than you would by just drinking out of the tap. According to the Beverage Marketing Corporation (BMC) the average cost of bottled water in 2016 was $1.11 per gallon.
