The packaged drinking water business is one of the most profitable business opportunities available today. If you are looking for a business opportunity to invest into, putting up a packaged drinking water plant is an excellent idea. Here are a few things that will tell you why investing in a drinking water plant is a great idea.
The packaged drinking water business is one of the most profitable business opportunities available today. The water that we can take straight from our faucets at home is no longer potable and safe for drinking. For safer drinking water, people usually turn to bottled mineral and purified water which are widely available in the market.
If you are looking for a business opportunity to invest into, putting up a packaged drinking water plant is an excellent idea. Here are a few things that will tell you why investing in a drinking water plant is a great idea.
Widespread health awareness and consciousness help the bottling water industry to grow
As the number of people who are getting more health conscious and are aware of the importance of using clean water for drinking and for everyday hygiene use increases, the demand for bottled drinking water also continually grow.
People nowadays choose to spend more on things that can help them stay healthy from health supplements to healthy beverages. They are also willing to shed extra money for bottled water than getting affected by obesity, dehydration, and water-borne diseases like typhoid, dysentery, Cholera, and Guinea worm disease due to consumption of contaminated water.
High demand for bottled water offers lower risk for loss
With water being one of the basic commodities, it is an indispensable part of life. Its importance to survival and to our daily lives is incomparable with any other beverages you can ever think of.
In the last few years, the demand for bottled water has drastically increased most especially in areas where potable water is so limited or is extremely scarce no matter what happens. And the demand is expected to grow exponentially in the coming years. The high demand gives you a lower risk for loss and bankruptcy.
Water business offers quick return on investment
The initial drinking water plant cost depends on different factors like the location and size of the plant. You can get the return of your investment in 3 years or more depending on these factors as well. Most small-scale plants are able to get their return on investment in 3 years.
Water business offers high profit margin
Water is the primary raw material used in a bottling water plant. You can purchase water from your local water supply provider at a very low cost. You can also get it free by drilling your own borehole where you can pump and extract the water you need for your bottling plant. You just have to initially put up a certain amount for the drilling and pumping equipment and once you already have a borehole, you can then enjoy an unlimited supply of water which is available for free.
However, before attempting to create your own borehole, make sure that you run water analysis first and make sure that the water you can get from it is clean and safe enough for consumption. If it is highly contaminated, it is better not to push through it as you may likely need to spend more for cleaning the water than when you buy it from your local supplier.
Regardless of whether you get your raw material from a local supplier or from a borehole, the fact remains that water is not as expensive as the raw materials used in any other types of beverage production businesses. The containers and other packaging materials are also relatively cheap. Needless to say, that a water plant business offers a very high profit margin.