Reasons for development of bottled water industry4
The campaign of 'purity'6
The industry of the bottled water, the United Kingdom6
The industry of bottled water, today7
Issues with the industry7
The downfall in the United Kingdom8
Result9
The analysis9
The enhanced water market10
Glaceau; the success story with thirst quenching10
The marketing strategy11
The opportunity of health consciousness11
The aid of social media12
Innovation12
Aggressive advertising12
Supply chain12
References13
Case Study
Introduction
The bottled water
The bottled water is the drinking water that is packed in plastic bottles. The bottle water is said to be extracted from natural resources, particularly, spring water, or water under the water. The water under earth or mountains, contain all the essential minerals that keep contributing to the health of an individual. It adds essential minerals to the water intake of human body, as well as, keeps the body hydrated, in shape, improves skin complexion and tone, and combats with obesity. The bottled water has all attributes of pure and natural water, and therefore regarded as a very good intake (Ferrier, 2001, pp. 3-6).
The industry outlook
The industry of bottled water is an enormously large industry. Currently, there are 3300 brands of the bottled water, with across the nation. There is the market of around £1.86, as per the estimation of the United Kingdom market, alone. It has been of the few rapidly growing industries, with the fastest possible pace of time. Companies were making enormous profits, by tapping the normal water. The venture was so very profitable, that is, multi0national companies launched their own bottled water brand. Moreover, the industry of bottled water has been subjected to the crisis due to raising environmental queations and health issues, as people become more conscious, and therefore avoids the bottled water. Due to enormous growth in demand, the developed world settled plants and other facilities, in order to, transfer tap and under land water from developing or under developing world, in order to, fulfil market demand and capitalize in a huge and profitable industry (Ferrier, 2001, pp. 3-6).
The bottled water industry has been exponentially growing for over a decade and more, before the year, 2007. The market for bottled water industry, included three key segments, that is, the people of first world countries, as well as, the elite of rest of the world, whereas, it also encompassed people who are health conscious, craving for a healthy and complete water intake. The industry had huge sales, that is, in the United States alone, the sales amounted to $60 billion, whereas, in the United Kingdom sales figure was £227 billion.
Reasons for development of bottled water industry
The industry of bottled water or packaged water was considered extremely minimal; however, it turned out to be one of the fastest growing industries in a short span of time. There are several reasons for the bottled water industry discussed as under;
Huge market and target: as per says law “supply creates demand”, therefore, the introduction of bottled water from natural and inland sources led to a high demand and responsive ...