Bottled Water Consumption Overtakes Milk, Coffee and Beer in the
U.S. Market
December 2, 2005
The bottled water industry has seen a
tremendous increase in sales since the mid-1990's. According to
the Beverage Marketing Corp., bottled water consumption in the
U.S. has surpassed that of milk, coffee and beer. As the market
matures, it will become increasingly important to continue
product innovation and to increase brand awareness to combat
falling prices due to price promotions.
Original consumer research by Research and
Markets in “Bottled Water - in the United States” provides
critical insights in formulating a successful marketing
strategy. For example, more than half of respondents who drink
bottled water prefer spring water to purified water and notice a
difference in the taste. Almost half of respondents feel there
is a significant difference between bottled water brands, while
almost two-thirds of respondents are brand loyal.
Younger respondents, black respondents and
respondents earning under $50K are more discriminating in their
views on bottled water. They feel there is a difference between
purified and spring water and have a preference for spring
water. These groups are also the most brand loyal.
Research and Markets’ report surveys consumer
attitudes and behavior in the bottled water market, while
creating a detailed picture of the overall market. Drivers,
market size, trends, segmentation and distribution are all
explored in depth. A five-year market forecast helps anticipate
the future of the bottled water market.
The report covers the U.S. market for bottled
water as defined by the International Bottled Water Association
(IBWA). The IBWA defines bottled water as water sealed in a
sanitary container to be sold for human consumption. This
includes flavored carbonated and non-carbonated waters. Seltzer,
tonic and club soda are not covered by the scope of the report.
Source: Research and Markets
December 2, 2005 |