Consumers are increasingly choosing bottled water over carbonated soft drinks and other beverages due to greater awareness of the negative health effects associated with beverages containing sugar and artificial ingredients. Furthermore, the use of flavor drops enable consumers to customize their drink with as much or as little flavor and sugar as they desire.
Consumers are showing greater interest in landscaping features besides lawns, such as gardens, native grasses, plants, and shrubs. A key reason involves environmental concerns and local regulations regarding water use, which have become increasingly important, particularly in areas that feature water scarcity. To succeed in the face of these concerns, landscaping service firms must tailor their offerings to include a wider array of services that address environmental considerations such as reducing water use.
US water use is forecast to total 138 trillion gallons in 2022. Growth in population, electricity generation, and manufacturing output will support water use. Over the 2007-2017 period, water use in volume terms fell at an average annual rate of nearly 1.0%, negatively impacted by factors such as a decline in electricity generation, conservation efforts, and the use of water-efficient technologies (e.g., low-flow toilets and closed-loop power plant cooling systems).
US beverage production is forecast to reach 48.4 billion gallons in 2021. Increasing population and disposable personal income levels will help drive volume gains as consumers purchase more beverages. Rising output of drinks in categories such as bottled water and alcoholic beverages will offset declines in carbonated soft drink (CSD) production.
The market for bottled water has a promising future. As consumers continue to reject carbonated soft drinks and embrace bottled water, many beverage industry analysts and marketers are convinced that the category will soon become the dominant non-alcoholic beverage. Health and wellness concerns, the fitness fad and the perennial struggle of many consumers with overweight and obesity have combined to make bottled water the zero-calorie/ultra-low calorie beverage of choice for growing millions of ...