Pure Water Business: A Profitable Venture?

The manufacturing and delivery of wholesome drinking water to customers are part of the pure water business. Humans depend on water to survive, making it a valuable resource in great demand. Many businesses have made investments in the pure water industry since it has proven to be a lucrative business. The profitability of the pure water industry, the price of NAFDAC registration for pure water, the demand for water bottles, the average number of bottles per person used annually, and the states that consume the most bottled water will all be covered in this article.

The increasing demand for clean drinking water is to blame for the pure water industry’s prosperity. Because bottled water is thought to be safer and cleaner than tap water, the majority of people choose to consume it. This requirement is conveniently and affordably met by the clean water industry. Pure water manufacturing and distribution have very cheap costs as compared to other industries, making them viable ventures.

All producers of pure water in Nigeria are required to be registered with NAFDAC. Depending on the size of the industrial plant, registration fees change. Currently, a small manufacturing unit must pay N30,000 to register, while a large production plant must pay N75,000 to register. To make sure that the produced water is safe to drink, registration is required.

Due to the convenience they offer, water bottles are in high demand. Because they are portable, water bottles are simple to transport. Additionally, they come in a variety of sizes, making it simple for customers to select the one that best meets their need. As the population rises, there will likely be a greater demand for water bottles.

An individual drinks roughly 167 bottles of water annually on average. The number of water bottles each person consumes year varies depending on their age, gender, and way of life. For instance, persons who participate in physical activity and sports may drink more water than those who lead sedentary lifestyles.

The states that consume the most bottled water are California, Texas, and Florida, according to a survey done by Beverage Marketing Corporation. These states have a warm environment, therefore it’s important for residents to drink plenty of water. However, as more people become aware of the health advantages of drinking water, the demand for bottled water is rising nationally.

In conclusion, the huge demand for clean drinking water makes the pure water industry a lucrative business. Since NAFDAC registration for pure water is quite inexpensive, entrepreneurs can easily launch their manufacturing facilities. Because of the convenience they offer, water bottles are in high demand, and the number of water bottles each person consumes year varies depending on things like age, gender, and lifestyle. The pure water industry is a viable venture due to the rising demand for bottled water on a national level.