Market Share of South America Bottled Water Industry
The South American bottled water market is rapidly growing, with few global and a large number of local players with private-label bottled water products. Some of them are Nestlé S.A. Danone S.A., The Coca-cola Company, PepsiCo, Minalba Brasil, and Compañía Cervecerías Unidas (CCU). The market competition is moderate, and the entrance of new market players is relatively easier as compared to the developed world. The low switching cost of consumers is providing good opportunities for new players to enter the market. New product launches, innovative product packaging, marketing, distribution, and consumer retention, have been strong business strategies for market growth here.
South America Bottled Water Market Leaders
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Pepsico
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The Coca-Cola Company
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Minalba Brasil
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Danone S.A.
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Nestlé S.A.
*Disclaimer: Major Players sorted in no particular order