Bottled Water Production in the US - Market Research Report (2014-2029)
New York, United States
Last Updated: July 2024
NAICS 31211bRevenue
$9.3bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
15,708
Businesses
476
Wages
$X.Xbn
Bottled Water Production in the US industry analysis
The US Bottled Water Production industry has experienced notable transformations recently, driven by rising consumer demand for convenient and healthier beverage choices. With heightened awareness of hydration benefits, bottled water has become popular over sugary sodas and juices. Despite environmental impact and plastic waste concerns, the industry has evolved through packaging innovations and sustainable practices. Overall, revenue remained stable by slightly shrinking at a CAGR of less than 0.5% to an estimated $9.3 billion over the past five years, including an anticipated 0.1% gain in 2024.
Trends and Insights
- The bottled water industry has seen notable shifts towards eco-friendly packaging and premium offerings. Companies have invested in R&D for biodegradable bottles and quality improvements.
- Still water historically led the industry segment. However, it now faces significant competition from the rising popularity of sparkling and flavored water brands.
- The Southeast leads in industry establishments in the US. Its significant population centers and favorable climate help companies lower shipping costs and boost profits.
- A tight industry margin leaves little room for error for new entrants. As the industry experiences growing operating costs and negligible product diversification, maintaining a consistent price point is a common occurrence within the industry.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 0.0 % over the past five years, to reach an estimated $9.3bn in 2024.
Trends and Insights
Economic volatility disrupts the industry's flow
- Strong years of revenue growth from the industry are heavily dependent on stable economic conditions at the consumer and production level, especially as disposable income endured notable volatility and suffered from high inflationary pressures.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Continued sustainability efforts prioritize cutting costs, improving industry profit
- A trend set to persist is the continuous emphasis on reducing carbon emissions, improving production efficiency and enhancing the industry's image of environmental contributions.
Biggest companies in the Bottled Water Production in the US
| Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Pepsico, Inc. | 205.4 | 28.7 | 14.0 | |
Nestle Sa | 202.4 | 30.0 | 14.8 | |
Primo Water Corp | 93.9 | 4.0 | 4.2 |
To view the market share and analysis for all 5 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Still water, Bulk products and Sparkling water. Still water is the largest segment of the Bottled Water Production in the US.
Trends and Insights
Still water sales continue to accelerate, as consumers' personal economic situation improves
- The still water product segment is composed of bottled water that is not altered by carbonation and has no flavor additives. This segment includes spring, purified, mineral, artesian and healthy water. Each type of water is collected directly from a natural water source or underground aquifer.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Coffee Production in the US
- Tea Production in the US
- Soda Production in the US
- Juice Production in the US
Complementors
- There are no industries to display.
International industries
- Global Soft Drink & Bottled Water Manufacturing
- Bottled Water Production in Canada
- Soft Drink Manufacturing in Australia
- Soft Drink, Juice and Bottled Water Manufacturing in New Zealand
- Bottled Water Production in the UK
Table of Contents
About this industry
Industry definition
Operators in the Bottled Water Production industry purify and bottle water into plastic and glass bottles for retail. Bottles are capped and labeled before being sold. Companies in this industry typically provide various water offerings, including spring water, mineral water, sparkling water and flavored water in a range of sizes. This industry includes ice manufacturing, but does not include any beverage production operations other than water varieties.
What's included in this industry?
Purifying and bottling still waterPurifying and bottling sparkling waterProducing bulk productsManufacturing iceCompanies
Pepsico, Inc.Nestle SaPrimo Water CorpPurchase this report to view all 5 major companies in this industry.
Related Terms
STILL WATERSPRING WATERPURIFIED WATERMINERAL WATERWELL WATERSPARKLING WATERIndustry Code
NAICS 312112 - Bottled Water Production in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
The bottled water industry has seen notable shifts towards eco-friendly packaging and premium offerings. Companies have invested in R&D for biodegradable bottles and quality ...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Still water historically led the industry segment. However, it now faces significant competition from the rising popularity of sparkling and flavored water brands.
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The Southeast leads in industry establishments in the US. Its significant population centers and favorable climate help companies lower shipping costs and boost profits.
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
A tight industry margin leaves little room for error for new entrants. As the industry experiences growing operating costs and negligible product diversification, maintaining...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Multiple significant companies like Nestle and PepsiCo own a sizable market share. These companies have been able to leverage growth in technology by making their production ...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Pepsico, Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Nestle Sa's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Primo Water Corp's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 2 additional companies
Detailed analysis
- Description and key data for Pepsico, Inc., and factors influencing its performance in the industry
- Description and key data for Nestle Sa, and factors influencing its performance in the industry
- Description and key data for Primo Water Corp, and factors influencing its performance in the industry
- Description, key data and performance trends for 2 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Volatile raw goods prices are poised to dampen industry growth. The industry's dependence on stable prices of raw goods like plastic materials will create a constant point of...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Growing prices of plastic materials and resin will dampen industry growth. The acceleration of prices for production goods will eat into industry profit, causing companies to...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Bottled Water Production in the US industry in United States in 2024?
The market size of the Bottled Water Production in the US industry in United States is $9.3bn in 2024.
How many businesses are there in the Bottled Water Production in the US industry in 2024?
There are 476 businesses in the Bottled Water Production in the US industry in United States, which has declined at a CAGR of 0.5 % between 2019 and 2024.
Has the Bottled Water Production in the US industry in United States grown or declined over the past 5 years?
The market size of the Bottled Water Production in the US industry in United States has been declining at a CAGR of 0.0 % between 2019 and 2024.
What is the forecast growth of the Bottled Water Production in the US industry in United States over the next 5 years?
Over the next five years, the Bottled Water Production in the US industry in United States is expected to grow.
What are the biggest companies in the Bottled Water Production in the US market in United States?
The biggest companies operating in the Bottled Water Production market in United States are Pepsico, Inc., Nestle Sa and Primo Water Corp
What does the Bottled Water Production in the US in United States include?
Purifying and bottling still water and Purifying and bottling sparkling water are part of the Bottled Water Production in the US industry.
Which companies have the highest market share in the Bottled Water Production in the US in United States?
The company holding the most market share in United States is Pepsico, Inc..
How competitive is the Bottled Water Production in the US industry in United States?
The level of competition is high and increasing in the Bottled Water Production in the US industry in United States.
