US EditionIran War Increases Packaging Costs for India’s Bottled Water Industry
Iran conflict and rising oil costs have driven up polymer prices, causing an 11% hike in bottled water prices across India, impacting smaller manufacturers most.
- Reuters reported the Iran war is rattling India's $5 billion packaged water market just ahead of the sweltering summer season.
- War-Linked supply strains pushed up polymer costs to 170 rupees per kilogram and caps more than doubled to 0.45 rupees apiece, industry letters showed.
- The federation's secretary general warned that some manufacturers are absorbing 40-50% of costs, while Aava has increased reseller prices by 18 percent, according to the federation.
12 Articles
12 Articles
Bisleri, Aquafina, Kinley To Get Costlier? Iran-Israel Conflict May Push Up Bottled Water Prices in India as Packaging Costs Surge
India’s USD 5 billion packaged drinking water industry may soon see price hikes as the Iran–Israel conflict drives crude oil prices higher, increasing plastic packaging costs. Polymer prices have surged to INR 170 per kg, forcing manufacturers to consider raising prices for brands like Bisleri, Kinley, and Aquafina. Bisleri, Aquafina, Kinley To Get Costlier? Iran-Israel Conflict May Push Up Bottled Water Prices in India as Packaging Costs Surge.
Rising cost pressures on the industry just ahead of the summer season are causing concern. Several packaged water companies have informed their distributors in letters that raw material prices are rising sharply due to the war. Consequently, some companies have already begun raising prices at the distribution level.
Iran war unsettles India’s packaged water makers
NEW DELHI The Iran war is rattling India’s $5 billion packaged water market just ahead of the sweltering summer season. One of the world’s fastest growing bottled water markets is seeing some manufacturers hike prices for distributors, as supply disruptions linked to the war fuel higher costs in everything from plastic bottles to caps, labels and cardboard boxes. Though retail prices are yet to feel the heat and bigger companies are absorbing th…
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