According to the International Bottled Water Association (IBWA), the average price per gallon of bottled water was $1.11 in 2016, the most recent year published. That’s about $405.15 a year.
How much does the average person spend on bottled water a year?
What does the individual consumer spend on average? On average, Americans spend about $100 per person each year on bottled water. For larger households, the cost can easily add up to several hundred dollars each year.
How much does bottled water cost?
Americans spent $11.8 billion dollars on bottled water in 2012, the latest data available from the BMC. This represented a 6.5% increase from 2011, during which the bottled water industry made $11 billion. That $11.8 billion was spent on nearly 9.7 billion gallons of water, putting the average cost at $1.22/gallon.
How much bottled water is sold each year?
Americans consumed 14.4 billion gallons of bottled water in 2019, up 3.6 percent from 2018. Bottled water’s retail dollar sales also grew in 2019, up 5.2 percent reaching $34.6 billion. And per capita consumption rose 3.1 percent to 43.7 gallons, BMC data show.
How much did Australia spend on bottled water each year?
Australians purchased over 726 millions litres of water in 2015. The average cost of the most popular bottled water in Australia is $2.75 per litre. Therefore Australians may have spent up to $2 billion dollars on bottled water in 2015.
How many times is bottled water more expensive than tap water?
While those costs may not seem high compared to other drinks like soda, bottled water is shockingly expensive when you compare it to tap water. On average, bottled water is 2,000 times more expensive than tap water.
How much does a gallon of water cost at home?
All of these costs and the wages for the utility’s staff must be met. Water is a bargain. The average price of water in the United States is about $1.50 for 1,000 gallons. At that price, a gallon of water costs less than one penny.
Is it better to drink bottled or tap water?
Overall, both tap and bottled water are considered good ways to hydrate. However, tap water is generally a better option, as it’s just as safe as bottled water but costs considerably less and has a much lower environmental impact. Plus, with a reusable water bottle, tap water can be just as convenient as bottled.
Is bottled water business profitable?
As you might assume, the profit margins in the bottled water industry are exceedingly high; the normal profit margin on bottled water is an astounding 50 to 200%. Ironically, as select corporations become richer because of these profit margins, many in the developing world lack access to clean water.
How much does a 5 gallon water bottle cost?
5-Gallon Average $6.99.
Who sells the most bottled water?
Aquafina is the top selling brands of bottled water in the US. In the previous year, Aquafina has produced about 2.52 billion US dollars in sales.
Why is bottled water bad?
The primary risk associated with drinking bottled water is the fact that you can be exposed to harmful toxins from the plastic. … BPA and other plastic toxins can then make their way into your bloodstream, which can cause a host of problems including various cancers as well as liver and kidney damage.
How many bottles of water does a person drink a day?
Store at least 1 gallon of water per person per day for 3 days, for drinking and sanitation. Try to store a 2-week supply, if possible. You should consider storing more water than this for hot climates, for pregnant women, and for persons who are sick.
What is the best water to drink in Australia?
Australia’s best tap water has been decided during a series of blindfold tests in regional Victoria. Coastal Queensland is officially home to Australia’s best tap water. Mackay has taken out top drop in a national competition where judges weighed up the taste, smell, colour and even feel of Australia’s tap water.
Why is bottled water so expensive in Australia?
While a litre of tap water in Sydney costs only a fraction of a cent, you can pay upwards of $3.88 a litre for bottled water, with a large proportion of this cost coming from producing the plastic bottle, lid and label. And the costs over time can add up considerably.
Is the tap water in Australia safe to drink?
The answer given by most professionals is that the public tap water in Australia is “perfectly safe to drink”. … Of more concern to all health conscious Australians should be the fact that our tap water is only monitored for 70 chemicals, whilst there are over 300 known chemicals that should be of concern.