Bottled water market Essay Example | Topics and Well Written Essays - 2000 words

Bottled weewee market - Essay ExampleThe second part will contrast the bottled body of water market in two specific countries. The countries chosen for this purpose are Scotland and Saudi Arabia, whereas the major bottlers in these countries selected are Strathmore and Masafi mineral water respectively.There look to be several reasons inducing slew to purchase bottled water in any part of the world. Of course, bottled water is far costlier than the tap water for the hoi polloi in the growing countries as compared to the under- actual countries. However, the demand for bottled water in entirely its forms has been on a substantial rise in both the sections of the world. People in the pitiable as well as rich countries are willing to pay a high price for bottled water while avoiding having tap water that is in stock(predicate) to them cheaply. The motives driving the people to purchase bottled water are discussed below in the context of developed and developing countries of th e world.The bottled water market is booming in all parts of the world with an annual volume of about 89 billion litres, which shows that an average person drinks 15 litres of bottled water every year (Dan whizz, 2000). The western consumers hold in the major market for the bottled water companies especially from the European countries. Apparently, these are the developed countries of the world with high per capita income and enhanced awareness of health and purity matters. Scotland is also one of the developed nations of world with a booming bottled water market. It is interesting to note that in developed nations of the world, the tap water available to people is much safer to drink, albeit the people are inclined to purchase bottled water more than those in developing countries. The main reasons inducing people to purchase bottled water in a developed European body politic like Scotland are as followsPeople buy bottled water in the country because they are concerned profoundly w ith health matters and frankincense inclined to regard bottled water as a source of good health.People also refrain from using tap water and opt for bottled water because of the contamination of tap water and disease threats associated with impure water.People also make their bottled water purchases under the influence of social practices and fashion symbolsIn Scotland, people have relatively higher level of income and good standard of living, therefore they tend to spend more on bottled water such as carbonate drinks etc for fun and pleasureDue to increase in the number of cars owned by individuals every year. Bottled water are easy to carry and dispose finish due to their convenient package, therefore people prefer to buy bottled water while travelling. Developing Countries As evident from the above discussion, much of the reasons motivating people to purchase bottled water come from their life styles, fitness concerns, marketing influence, pleasure, income patterns and social st atus etc. These factors are rarely visible in most of the developing countries in the world. The two most important factors motivating the people to purchase expensive bottled water in developing world, especially in a country like Saudi Arabia are discussed belowScarcity of water is one of the acute problems faced by