water Market is estimated to be around USD1 Billion CAGR 15% for the past 3 yrsDemand : Past & Future Year Mn Cases Per capita consumption is 1995-1996 500ml per8.5 1996-1997 11.5 year. For comparison US 111 liters. 1997-1998 15.5 1998-1999
20
1999-2000
26
2000-2001
33
2001-2002
44.5
2002-2003
55.6
2003-2004
68.15
Possible reasons
Problems in getting access to safe
drinking water Liberalization Health concerns Travel and Tourism Market segments depending on quantity, quality and cost Rising Income levels, Standards of living Schools and Offices
Future
Continued growth. CAGR ~22% predicted for the
next 3 years More Market consolidation for big players in Tier 1 cities; Travel and Tourism (60% of market is controlled by 5 companies) Growth in Premium Water Brands (15% Market Share Currently) More number of small but Organized players in Tier 2, Tier 3 cities due to local networking capabilities Rural Markets (Karnataka Water ATMs Rs. 1 per 10 ltr)
Challenges
Low entry barriers (New players,
unorganized sector, Counterfeits) Government regulations and tax (currently 3 ltr of water used for producing 1 ltr. Tax is paid for 1 ltr Government is proposing for 3 ltr) Increasing use of water purifiers
References
Packaged Bottled water Market in India
2013-2018, report published by valuenotes.biz, a market research company. Challenges for bottled water in India published in www.bottledwaterindia.org Central Ground water board, www.cgwb.gov.in NDTV news article: At Karnatakas water ATMs; Radhika Iyer Sep 4, 2013
Dynamic Development, Shifting Demographics and Changing Diets: The Story of the Rapidly Evolving Food System in Asia and the Pacific and Why It Is Constantly on the Move