Mineral Water Market in India
Before too long, in the pre-liberalization era, the bottled water market in India was a miniscule market catering to only the upper strata of society, travelers and conference meetings in five star hotels. Even today in comparison to the global scenario, the Indian market is a very small one. For example, the per capita consumption of mineral water in India is a mere 0.5-liter compared to 111 liter in Europe and 45-liter in USA.But over the last ten years, it has witnessed tremendous growth. The change is very much evident. Once a product found mainly at railways stations, mineral water today occupies a place on the shelf in most superstores, grocers and even paanwalas. From a mere 60 towns in the year 1997, it is predicted that mineral water is today available in more than 1000 towns and cities across India. With a compounded annual growth rate of close to 30% over the last decade, the mineral water market has witnessed a large growth in terms of volumes. The market is highly competitive with the entry of MNC’s like Pepsico and Coke. There are a lot of brands available in the market, each with its own proclaimed differentiation.
Some topics in this essay:
Pepsico Coca-cola, Coca-Cola PepsiCo, Analysis Indian, India Introduction, Malik PP, Distribution Networks, Kinley Aquafina, Asia Pacific, Comparatively Indian, Coke's Kinley, bottled water, mineral water, water market, local players, market india, mineral water market, bottled water market, unorganized sector, packaged drinking water, barriers entry, national front, natural mineral water, capita consumption, distribution network, packaged natural mineral,
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Approximate Word count = 1768
Approximate Pages = 7 (250 words per page double spaced)
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