How do you see the business of packaged drinking water in the future? | Candider
How do you see the business of packaged drinking water in the future?
5th Mar 2020 8:58 pm
The following result is obtained by our internet Research Algorithm:
By the year 2030, there will be no drinking water available in India. Hence, there is a huge market opportunity for package drinking water. The consumption of package drinking water is increasing by up to 100% yearly and consumption got doubled in the last couple of years. Not only in urban areas but also in rural areas as the diseases related to contaminated water is rising the demand for purified water also rises.
You must have seen people now have started ignoring the brand of water they are consuming this show how intensely this market is growing. Today's competition in these companies is of covering more and more merchants. package water is now being sold on the stores which are very unrelated to this business.
Hence, this business is having a great opportunity for growth.