|Last Quarterly Update:||1/2/2017|
|SIC Codes:||2086, 2097|
|NAICS Codes:||312112, 312113|
|Industry Overview||Trends & Challenges||Industry Forecast|
|Quarterly Industry Update||Call Prep Questions||Website & Media Links|
|Business Challenges||Financial Information||Glossary & Acronyms|
Companies in this industry produce bottled water and packaged ice. Major companies include Coca-Cola (Dasani, Smartwater), PepsiCo (Aquafina), and Reddy Ice, all based in the US, along with Arctic Glacier (Canada), Groupe Danone (France), and Nestlé Waters (Switzerland).
More than 85 billion gallons of bottled water are consumed globally each year. Mexico is the world’s top consumer on a per-capita basis, followed by Thailand, Italy, Germany, and France. The US and China are the top two markets in terms of volume sales, according to the Beverage Marketing Corp.
The US water and ice manufacturing industry includes about 700 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $6 billion.
Bottled water and ice manufacturing companies are part of the nonalcoholic beverage industry, which also includes soft drink manufacturers and is covered in a separate First Research profile.
Demand for bottled water and packaged ice is driven by consumer spending, population growth, and weather conditions. Public health concerns also increase demand for bottled water in developing regions with inadequate supplies of clean water. The profitability of individual companies depends on efficient operations, effective product pricing and geographic concentration of key customers. Large companies have advantages in economies of scale in production and distribution. Small companies compete on service, quality, and price. The US industry is highly concentrated: the 50 largest bottled water manufacturers account ...
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