Plastic bottle prices vary according to quantity and quality. A 24-bottle bundle typically ranges in price from $3 to $15. However, for those who drink a lot of bottled water, this expense can mount quickly.
The Beverage Marketing Corporation reported that Americans purchased bottled water for $18.5 billion in 2019. This corresponds to $43 per person year on average. By converting to a water plant, this is a considerable sum of money can be saved. What does one liter of water cost in the United States?
Depending on the source, a liter of water in the USA costs a different amount. While bottled water can cost up to $3 per liter, municipal water can be purchased for as little as $0.0015 per liter. However, compared to bottled water, the cost of producing 1 liter of water in a water plant is far lower.
The size and complexity of the business determine the cost of a bottling plant. While a large plant may cost millions of dollars, a small bottling facility may cost under $100,000. However, the long-term economic savings of creating your own clean drinking water might offset the initial outlay.
1. Carry out market research. Find out how much clean drinking water is needed locally and pinpoint your target market. 2. Select a location: Pick a spot that is close to a dependable water supply and is simple for your target market to get to.
4. Invest in equipment: Buy or rent the tools required to process and bottle water.
Although starting a water plant is expensive, it is an affordable way to reduce plastic waste and provide clean drinking water. You may establish a successful water plant and have a positive impact on the environment by following these instructions and responding to the questions that follow.
Sorry, but the article you cited doesn’t detail the exact costs associated with launching a bottled water business in Ethiopia. It provides a general overview of how to start a water plant, however actual costs may differ based on location, amenities, and legal requirements. It is recommended to carry out in-depth study and speak with experts to ascertain the approximate cost of launching a bottled water business in Ethiopia.