US EditionIran War Unsettles India's Packaged Water Makers as Bottles, Caps Get Pricey
Smaller bottled water makers in India have raised reseller prices by 5% to 10% due to supply disruptions and a 50% rise in polymer costs linked to the Iran war.
- On March 12, Reuters reported the Iran war is rattling India's $5 billion packaged water market just ahead of the sweltering summer season.
- War-Linked supply strains pushed up polymer costs to 170 rupees per kilogram and caps more than doubled to 0.45 rupees apiece, industry letters showed.
- The federation's secretary general warned that some manufacturers are absorbing 40-50% of costs, while Aava has increased reseller prices by 18 percent, according to the federation.
- Consumers usually pay less than 20 rupees for a one-liter bottle, and with 70 percent of groundwater contaminated many rely on bottled water; natural mineral water is a $400 million segment, with the premium market growing to 8 percent last year, Euromonitor says.
- Major brands including Bisleri and Coca-Cola's Kinley compete with Pepsi's Aquafina, Reliance and Tata in a $5 billion market dominated by 1-liter drinking water bottles; none responded to Reuters.
10 Articles
10 Articles
Bisleri, Aquafina, Kinley To Get Costlier? Iran-Israel Conflict May Push Up Bottled Water Prices in India as Packaging Costs Surge
India’s USD 5 billion packaged drinking water industry may soon see price hikes as the Iran–Israel conflict drives crude oil prices higher, increasing plastic packaging costs. Polymer prices have surged to INR 170 per kg, forcing manufacturers to consider raising prices for brands like Bisleri, Kinley, and Aquafina. Bisleri, Aquafina, Kinley To Get Costlier? Iran-Israel Conflict May Push Up Bottled Water Prices in India as Packaging Costs Surge.
Rising cost pressures on the industry just ahead of the summer season are causing concern. Several packaged water companies have informed their distributors in letters that raw material prices are rising sharply due to the war. Consequently, some companies have already begun raising prices at the distribution level.
Iran war unsettles India’s packaged water makers
NEW DELHI The Iran war is rattling India’s $5 billion packaged water market just ahead of the sweltering summer season. One of the world’s fastest growing bottled water markets is seeing some manufacturers hike prices for distributors, as supply disruptions linked to the war fuel higher costs in everything from plastic bottles to caps, labels and cardboard boxes. Though retail prices are yet to feel the heat and bigger companies are absorbing th…
Iran Conflict Drives Up Costs for India’s Bottled Water Industry
India’s $5 billion packaged water market is facing rising costs as the Iran war disrupts global supply chains. Manufacturers are seeing price increases for essential packaging materials, including plastic bottles, caps, labels, and boxes, forcing some smaller producers to raise rates for distributors. While retail prices have yet to reflect these increases, industry insiders warn that consumers may soon feel the impact. The cost of key materials…
Iran war unsettles India’s packaged water makers as bottles, caps get pricey
NEW DELHI, MAR 12 /DNA/: The Iran war is rattling India’s $5 billion packaged water market just ahead of the sweltering summer season.One of the world’s fastest growing bottled water markets is seeing some manufacturers hike prices for distributors, as supply disruptions linked to the war fuel higher costs in everything from plastic bottles to caps, labels and cardboard boxes.Though retail prices are yet to feel the heat and bigger companies ar…
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