Economic Characteristics
Market size and growth rate
The fastest-growing and most attractive beverage category in the world.
Global sales exceeding 38 billions gallons in 2003
Annual growth rate more than 10% between 1998 and 2003
U.S. is the world’s largest market with annual sales nearly 6.4 billions gallons.
Opportunities for increasing market share become lesser as currently in the early maturity stage
Number of buyers
Buyers included consumers, supermarkets, natural food stores, whole-seller, convenience stores and restaurants etc.
Large pool of buyers but no one accounts for a significant fraction of overall market demand.
Degree of product differentiation
Various types, such as natural mineral water, spring water and purified water etc.
Products could be identical.
Buyer needs and requirements
Due to the concerns over the safety of tap water.
An increased focus on health and fitness.
The hectic on-the-go lifestyles of American consumers.
Attracted by......
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