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The overall packaged bottled water in India is estimated to touch the Rs 10,000 croremark in the 2012-13 fiscal, growing at a compound annual growth rate (CAGR) of 19%, says a new report by IkonMarketing Consultants. Presently, this market is estimated at Rs 8,000 crore, and could touch Rs15,000 crore by 2015, the report adds. While Bisleri continues as the top brand with a 36% share among national players, Coca-Cola's Kinley follows with 25% share, followed by Aquafina at 15%. Other smaller brands include Parle Agro's Bailley, Kingfisher and McDowells No. 1, according to the report. The global bottled water market, which saw an increase of 40-45% over the past five years, is currently valued at close to US$ 85-90 billion, the report adds.
Bisleri-Facts
A brand that pioneered the concept of mineral water, bottled with its distinct green label, Bisleri, today, is a household name. Powered by 17 owned plants, 33 co-packers, 11 franchisees and a wide distribution and retail network pan India, Bisleri is at the centre of the Aqua Green Revolution. A brand that aims to create an India in which every person has uninterrupted access to scientifically purified and fortified drinking water, irrespective of geographical barriers or economic limitations. The brand name Bisleri is so popular in India that it is used as a generic name for bottled water.
Psychographic : The urban population and the health conscious. Behavioural: Buying behaviour involves the brand Bisleri replacing the
general term Mineral water
Value-------- Pricing 250ml- Rs.3 500ml- Rs.5 1ltr-Rs.10 1.2ltr-Rs.12 2ltr-Rs.20 5ltr-Rs.30 20ltr-Rs.75 A brand that is known to provide value for money.
Kinley(Immediate Rival)
Kinley is a brand of still or carbonated water owned by The Coca-Cola Company and sold in many large European and Asian countries. It is one of the high quality drinking water brands in India. Kinley water comes with the assurance of safety from The Coca-Cola Company. Introduced with reverse osmosis along with the latest technology to ensure purity of the product. Kinley believes that right to pure, safe drinking water is fundamental. Kinley is Bisleris immediate rival and holds about 25 percent of the market share.
Demographic
Gender: All Age: No Limits Socio-Economic Class: Mostly middle income earners and above.
Behavioral
Very particular about the quality and safety of water and dont mind paying a little higher if needed.