Title: Latin America Packaged Water Consumption Volume And Growth Forecast To 2021: Ken Research
1PACKAGED WATER CONSUMPTION VOLUME AND GROWTH
FORECAST TO 2021-LATIN AMERICA
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2Landscape of Latin American Packaged Water Market
A rising mistrust of tap water due to increased
incidences of diseases spread by consuming the
tap water.
Failure of most governments to act timely upon
improving the quality of tap water
Entry of leading multinationals such as Coca-Cola
and Danone who used clever advertising to shift
consumer preferences towards packaged water.
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3The Future of Bottled Water in Latin America
- Globally, packaged drinking water has gained
tremendous popularity (as seen from fig.) - Bottled water is making a strong foray into Latin
America. As seen from the figure, in Mexico,
consumption of bottled water has reached 150 its
per capita. - The industry is expected to make rapid expansion
as consumers switch from tap water to bottled
water. - In Latin America, unlike its more developed
counterparts, the trend is to consumer the lowest
priced bottled water. - Future forecasts suggest trends will shift
towards flavored water and other bottled water
options.
4Key Factors Driving High Consumption of Bottled
Drinks in Latin America
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5Key Macroeconomic Factors Driving High
Consumption of Bottled Water in Latin America
Strong Real Incomes
Increasing Employment
Cautiously increasing Interest Rates
Lack of Inflationary press
Data has confirmed that the GDP growth of Latin
American countries is growing at a rapid pace
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6SWOT Analysis
- WEAKNESSES
- Still on its way to
- recovery after
- the Global
- Financial Crisis
THREATS Possible threat from traditional
soft-drinks manufacturers who have achieved high
economies of scale and can reduce prices to
increase competition for packaged water. Also,
the Government is under fire for not taking
corrective measures for improving the quality of
tap water and is acting fast on the criticism.
- OPPORTUNITIES
- Ease of doing business rank is improving
-
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7Scope of the Report
- Detailed overview of the packaged water industry
in Latin America. - Key insights into the operating environment for
the packaged water market in Latin America. - Historic and forecast consumption values for
packaged water market covering 2010-2014, 2015
provisional data and forecasts for 2016- 2021. - Historic and forecast market value by product
category across the packaged water industry for
the period 2010 through to 2021. - Considering the macroeconomic scenario and its
population composition, this segment undeniably
promises well anchored, structured and
withstanding growth prospects till 2021.
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8- To know ore on the coverage, click on the link
below - https//www.kenresearch.com/food-beverage-and-toba
cco/non-alcoholic-beverages/packaged-water-consump
tion/32032-11.html - Related Reports
- https//www.kenresearch.com/food-beverage-and-toba
cco/non-alcoholic-beverages/packaged-water-consump
tion/32031-11.html - Ankur Gupta, Head Marketing Communications, Ken
Research - Email id query_at_kenresearch.com
- Phone No 91-124-4230204
Contact Information
Ken Research Pvt. Ltd.