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Thursday 14 February 2013

Bottle Water

Bottled water supply is the worlds most attractive drinking categories. Since 2001, Global Bottled Water grocery wholesale value and multitude increased dramatically, sales tawdriness in 2001 was 92.8 billion litre and increased more than 5 part annually. Bottled water was interchange more or less 120 billion liter worldwide in 2005 with global revenue exceeding $62 billion and it is expect to increase to 153.4 billion liter interchange in 2010 with $82 billion global revenue. (refer Exhibit1) The worlds largest feeding bottled water grocery store is the United States. In 2004, more than 6.8 billion gallons of bottled water which was nearly 17 percent of total worldwide sale volume were sold in the United States. Compound annual increase average in the Unites States from 1999 to 2004 was 8.2% while worldwide compound annual growth average was 9.4 percent. (refer Exhibit2) By comparing bottles water economic consumption per capita, bottled water consumption per capita in the United States in 2004 was 23.9 gallons which was the eleventh rank in the world below Western Europe, the mettle East and Mexico. (refer Exhibit3) Year by year, bottled water consumption per capita in the United States was increase from 9.3 Gallons in 1991 to 24 gallons in 2004.

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In 1990, 50 percent of Bottles water consumed in the United States market was Home and Office Delivery (HOD) in returnable five-gallon containers and parcel out through cooler, while one-liter or smaller single-serving polyethylene terephthalate (PET) bottle sold very few. But in 2005, bottled water sold in two-liter or smaller PET containers were nearly 61 percent of industry volume while five-gallon containers use in the home and office delivery drop to 18 percent of industry volume. The high growth rate of PET bottled water sold came from two factors. The first factor is the concerning safety of municipal drinking water. Consumer concerns over the quality of drinking water in the United States...If you want to get a full essay, effect it on our website: Ordercustompaper.com



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