Global bottled water market was valued at $198.4 million in 2017, and is expected to reach $307300 Million by 2024, expanding at a CAGR of 6.4% during the forecast period 2024 End. Bottled water is packaged drinking water that is purified and free from contamination. It is available in plastic and glass water bottles, and is the most convenient way for the body to fulfill its hydration needs being easily available in nearby retail stores and supermarkets. The market driven by the rise in healthcare awareness about waterborne diseases such as malaria, typhoid, diarrhea, food poisoning, and others. Moreover, bottled water is more portable and convenient to use as it is handy, thus supporting the market growth. In addition, tap water is available at a lower cost, which also poses a restrain to market growth.
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Bringing about extensive innovations in bottled water manufacturing processes, and striving towards increasing awareness among masses regarding benefits of using recycled bottles are prime strategies implemented by businesses working in the global bottled water market. Many companies are developing advanced and cost-effective techniques of producing water bottles, so that they can efficiently function while causing least harm to the environment. Such businesses are also receiving tremendous support from most governments all over the globe. Mountain Valley Spring Company LLC, GroupeDanone, PepsiCo Inc, Icelandic Water Holdings, The Coca Cola Company, Nestle Waters, Unicer - Bebidas SA, Grupo Vichy Catalan, Suntori Beverage & Food Ltd, and CG Roxane, LLC, are key players operating in the global bottled water market.
The continued increase in per capita consumption indicates that consumers see bottled water as a healthy alternative to other packaged beverages. Consistent with this view, sales revenues for the U.S. bottled water market in 2017 were nearly $16000 Million in wholesale dollars, a 7.4% increase over the previous year.
Nearly all of the bottled water sold in the U.S. is sourced domestically. In fact, imported bottled water accounts for only 1% of the U.S. market. The vast majority of bottled water companies in the U.S. are small, community-based companies using local water sources and distributing their products within an average radius of 300 miles from their bottling facilities.
Segment Review:
The global bottled water market is segmented based on type and geography. Based on type, it is classified into still water, carbonated water, flavored water, and functional water. In 2017, the still water segment held the largest market share, accounting for three-fifths of the total market share and is expected to maintain this trend during the forecast period. In terms of geographical analysis, in 2017, Asia-Pacific dominated the market, occupying 35.6% share, followed by Europe with 27.1%. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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The mounting concern of large carbon footprint of the manufacturing processes as flagged by environmentalists is another critical factor likely to negatively impact the market to an extent. Stricter imposing of unfavorable regulations is a key factor likely to hamper its production in some states. Nevertheless, the introduction of products that have a variety of health benefits and innovative flavors are key trends impacting the growth of the U.S. market. The growing popularity of mineral laced water and low-calorie flavored drink bodes well for the market.
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Summary The Coca-Cola Company (Coca-Cola) is a producer, distributor, and retailer of non-alcoholic beverages.
It offers carbonated beverages and a variety of still beverages including juices, energy, ready-to-drink teas and coffees, waters, and sports drinks.
Additionally, it sells beverages under multiple brands such as Sprite, Coca-Cola Zero, Diet Coke, Fanta, Glaceau Vitaminwater, Powerade, Dasani, FUZE TEA, Minute Maid, Simply, Georgia, and Del Valle.
Coca-Cola markets its products to distributors, wholesalers, retailers and independent bottling partners.
Coca-Cola is focusing towards growth strategy by tapping the power of AI and big data in analyzing customer data to support innovation, research, pricing decisions, optimizing overtime costs, supply chain management, and offering personalized services and enhanced experience to its customers.
Coca-Cola is following the content-driven liquid & linked social media strategy that works on multiple geographies and cultures, and uses different media channels to engage with its customers, answer their queries, and connects with them through social media marketing campaigns such as “Tweet a Coke” campaign, “#RefreshtheFeed”, “#KindnessStartsWith”, Coke blog and ‘stories’, “Share a Coke” campaign, “ThatsGold”, “Delicious Happiness”, “#VerdaderoAmigo”, We Do, etc Coca-Cola is reinventing its customer engagement through an omnichannal service strategy to ensure its customers shop from anywhere, anytime, and through any mode.
Hashtags help people to discover brands and help brands connect with people searching for a particular product/services.
Hashtags are clickable and searchable.
They help people find the content of their interest and relevant topics.
When people share an image or a post on social media using your brand products/ services, they are indirectly advertising for you.
Hashtags simply segregate the social media content automatically enabling the search engines to link the input and output of a search query.
So, for example, if there is a particular hashtag, let’s say, #abc is trending on social media.
Coca-Cola is one of the standard brands of soda pops across the world.
Individuals guarantee that the decorations in the beverage cause unmistakable diseases like cardiovascular breakdown, stroke, asthma, enduring obstructive pneumonic difficulty, and so on and is particularly horrendous for young kids as it meddles with a sensible eating routine as opposed to overhauls.
The bubbly reward can truly discard hard-to-clean stains inside a restroom bowl.
Considering everything, Coke moreover has oil busting limits, taking into account the phosphoric ruinous in the reward.
To clear the most harder stains, apply the cola straightforwardly to the stain and let it rinse for 30 minutes prior to tossing it in the standard wash cycle.
For more noteworthy areas, you can utilize a sprinkle bottle for a more prominent joining region.
Rural Development in India aims at the overall development of rural India, the primary focus being the boosting of the agrarian economy of India.
India’s agrarian economy is responsible for 1/5th of the total Gross Domestic Product, and for the country to keep at its pace of development, this is one sector that needs to be given primary importance.
This includes bringing power to India’s villages, free education to its schools, and a better standard of living for the people living in rural areas.
Implementing newer and better methods of cultivation is another method to boost the agrarian economy.
A fitting example of this is the Unnati project by HCCB.
Employing a cutting edge technique known as Ultra High Density Plantation of mangoes, which cuts down the cultivation period of mangoes to a few months, while also increasing the number of mango trees that can be grown per acre.Woman Entrepreneurship is another driving force in making Rural India transform into a developed one.
Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Get Free Exclusive PDF Sample Copy of This Report: https://www.upmarketresearch.com/home/requested_sample/24339 The report contains basic, secondary and advanced information pertaining to the Sugar Free Beverage Industry global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2018 – 2023.
For Any Query Please Visit: https://www.upmarketresearch.com/home/enquiry_before_buying/24339 The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.
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