Bottled water sector posts slowing growth in 2007

The bottled water sector saw slowing growth in 2007, according to data released this week by the International Bottled Water Association.

Water bottlers sold a total of 8.8 billion gallons in 2007, a 6.9 percent increase over their 2006 volume, but the 8.25 billion gallons sold in 2006 represented a 9.5 percent increase over the industry’s 2005 sales.

The industry as a whole posted a growing wholesale revenue for their product and growing per capita consumption. The average American consumed 29.3 gallons of bottled water in 2007, up from 27.6 gallons in 2006 and 25.4 gallons in 2005. That consumption led to $11.7 billion in wholesale purchases in 2007, a 7.8 percent increase from 2006. In 2006, the industry made $10.8 billion in wholesale sales, an 8.5 percent increase from $10 billion wholesale in 2005.