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.
How much is the bottled water industry worth 2020?
Revenue from the sales of bottled water amounts to
$61.326 million
in 2020 so far. The market is expected to grow annually by 10.9 percent ( 2020-2023, CAGR).
What is the value of the bottled water industry?
Revenue in the Bottled Water segment amounts to
US$1,171m
in 2022. The market is expected to grow annually by 4.26% (CAGR 2022-2026). In global comparison, most revenue is generated in the United States (US$86,400m in 2022).
How much bottled water is sold in the US?
| Characteristic Sales volume in billion dollars | 2019 14.4 | 2018 13.85 | 2017 13.2 | 2016 12.43 |
|---|
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.
Which country sells 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 the bottled water industry profitable?
While the market for these alternatives has grown,
the bottled water industry continues to profit
. It may be easy to grab a bottle of water off the shelf, but as long as consumers continue to choose convenience over the environment, the bottled water industry will remain profitable.
Which state buys the most bottled water?
California
is one of the states that consumes the most amount of bottled water each year.
What state produces the most bottled water?
Most Bottled Water Is Produced In
California
, State Hit Hardest By Drought. According to this report from The Weather Channel, most of our domestic bottled water is sourced and produced in California, the state hit largest by drought in the USA.
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 big is the water market?
The segment of still bottled water has dominance in terms of both revenue and volume in the global market. The segment is expected to account for a share of
78% of overall market revenue
by 2022. The flavored water segment is expected to witness rapid growth during the forecast period. PepsiCo Inc.
How much money do water bottle companies make a year?
2014-2018. In 2018, the producer revenue of bottled water in the United States amounted to approximately
18 billion U.S. dollars
. For the fifth consecutive year, U.S. revenue of bottled water showed a continued upward trend.
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.
Why do Americans drink bottled water?
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.
Which country is the largest exporter of water?
India
is the largest exporter of water, even as taps run dry across the country.
Which country exports the most water?
Water are the world's 565th most traded product. In 2020, the top exporters of Water were
France ($841M), China ($651M), Italy ($618M), United States ($166M), and Fiji ($127M)
. In 2020, the top importers of Water were United States ($688M), Hong Kong ($585M), Belgium ($239M), Germany ($227M), and Netherlands ($153M).
Which country drinks most water?
China
. According to statistics, the population of China spends 1370 trillion liters of water a year. That puts it on the list of countries with the largest water consumption in the world.
What is the profit margin of bottled water?
This statistic depicts the gross profit margins of packaged beverages sold in convenience stores in the United States in 2017, by type. In that year, bottled water had the largest gross profit margin, at
55.3 percent
.
Are bottled water sales declining?
fell from nearly one-quarter of the category volume at the beginning of the century to 8.1 percent by 2020
, largely due to competition from PET. After several declines, the segment did grow each year from 2011 to 2018, but, in 2019, retail bulk volume saw a minute reduction in volume.
How much money does the average American spend on bottled water?
Save Your Money
The average American buys an average of 167 disposable plastic water bottles, costing you
$266, a year
. Want to cut the costs? With our average life span soaring to 80 years old, you could theoretically save $17,290 in your lifetime with a reusable water bottle.
Is Aquafina water sterile?
Aquafina originates from public water sources and is then
purified through a rigorous purification process
. This purification process includes reverse osmosis and other filtering and purification methods. It removes things like chlorides, salts and other substances that can affect a water's taste.
Is Aquafina water distilled?
Even though Aquafina's purification process removes some impurities and minerals from its water, it is still
not considered a distilled form of water
. Fresh and pure, Aquafina is the perfect companion for happy bodies everywhere. In short, Aquafina water ingredients are tap water.
