Business

India Bottled Water Sector Outlook – Growth in Retail Market and Income is stimulating the Growth of the Industry

Netscribes, Inc. launches a report on the Bottled Water Market in India 2017 covering a market with strong growth potential. It is a part of Netscribes’ Retail Series.
( PR4US.com | Press Release | 2017-08-17 22:42:36 )
Mumbai, India – August 17, 2017 – Global market intelligence firm, Netscribes, Inc. released its latest report on the ‘Bottled Water Market in India 2017’ (https://www.researchonindia.com/bottled-water-market-in-india-2031.html). The Indian market for bottled water has gained a significant momentum, due to demand for convenient, safer, healthy and refreshing beverages.

Netscribes’ latest market research report titled Bottled Water Market in India 2017 states that the bottled water market is growing at a CAGR of ~22.3%. Growth in income and consumption, growth in urbanization and population, increasing level of health awareness, influx of foreign tourist and growth in retail market are major drivers for the industry. Moreover, bottled water is purified and contains dissolved minerals that have several health benefits. Major challenges that are affecting the market are increase in spurious bottled water brands, low penetration in rural market, and increase in transportation cost, brand category differentiation and increase in water purifiers. The BIS had formulated mandatory certification to avoid entrance of spurious brands and cancellation of licenses. High transportation cost affects the ability to have an inland presence, thereby benefitting only large establishments in India.

Key players in the Indian Bottled water market include Bisleri International Pvt. Ltd., Coca Cola India Pvt. Ltd., Danone Narang Beverages Pvt. Ltd., Dhariwal Industries Pvt. Ltd., Nourisco Beverages Ltd., Parle Agro Pvt. Ltd., Eureka Forbes Ltd. and Pepsico India Holdings Pvt. Ltd. In India there are 5000 manufacturers of packaged drinking water holding BIS license. Bottled water manufacturers are introducing new product with health benefits and new flavors which is resulting several product launches in the bottled water market. The new products offering functional benefits, better taste and convenience are preferred by consumers. Product innovation and hygiene factors are augmenting demand for bottled water market in India.

Customizations Available
With the given market data, Research on India offers customizations according to specific needs. Write to us at support@researchonindia.com

For more details on the content of each report and ordering information please contact:

Phone: +91 33 4027 6243/6222; +91 33 4027 6200/6207; +91 22 4098 7600
E-Mail: support@researchonindia.com ; info@netscribes.com

About Netscribes

Netscribes (www.netscribes.com) is a global market intelligence and content management firm with services across the research and information value chain. Venture-funded by US and Singapore private equity firms, the company provides tactical and actionable insights to its clients and enables effective decision-making and strategic implementation.

For more information please write to info@netscribes.com


Press Information


Published by

Ankita Basu

+91 33 4027 6243
Office No. 504, 5th Floor, Lodha Supremus, Lower Parel
400012 Mumbai - India
https://www.netscribes.com/

Contact Ankita Basu


 

 

 

 

 

 

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact PR4US. We will not be able to assist you. PR4US disclaims the content included in this release.
Preparing for PR: Five Hot Tips for Startups
PR Fundamentals for Startups - MaRS Best Practices
Public Relations 101
Public Relations Strategy in Our World Today!
Introduction to Public Relations
Trends in Communicating
How to Do Marketing/PR on a Budget - CoInvent Startup Summit 2014 New York
Monika Dixon Shares PR Tips