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          1. Water & Ice Manufacturing Industry Profile

            Report Page Length: 10-12
            Last Quarterly Update: 6/15/2020
            SIC Codes: 2086, 2097
            NAICS Codes: 312112, 312113
            Chapters Include:
            Industry Overview Trends & Challenges Industry Forecast
            Quarterly Industry Update Call Prep Questions Website & Media Links
            Business Challenges Financial Information Glossary & Acronyms
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            Excerpt from Water & Ice Manufacturing Industry Profile

            Companies in this industry produce bottled water and packaged ice. Major companies include Coca-Cola (Dasani, Smartwater), DS Services, Home City Ice, Mountain Valley Spring, PepsiCo (Aquafina), and Reddy Ice, all based in the US, along with Arctic Glacier (Canada), Groupe Danone (France), and Nestlé Waters (Switzerland).

            More than 90 billion gallons of bottled water are consumed globally each year. Mexico is the world's top consumer on a per-capita basis, followed by Thailand, Italy, the US, Germany, and France. The US and China are the top two markets in terms of volume sales, with bottled water surpassing soft drink per-capita consumption in the US in recent years, according to the Beverage Marketing Corp.

            The US water and ice manufacturing industry includes about 700 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $6.5 billion.

            Bottled water and ice manufacturing companies are part of the nonalcoholic beverage industry, which also includes soft drink manufacturers and is covered in a separate First Research profile.

            COMPETITIVE LANDSCAPE

            Demand for bottled water and packaged ice is driven by consumer spending, population growth, and weather conditions. Public health concerns also increase demand for bottled water in developing regions with inadequate supplies of clean water. The profitability of individual companies depends on efficient operations, effective product pricing, and geographic concentration of key customers. Large companies have advantages in economies of scale in ...

             
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