Canada Water Enhancer Market-Growth, Trends and Forecast (2015-2020)
Canada is an important market of the continent, with many trends and consumer patterns similar to that of most developed nations. The market for water enhancers is expected to touch US$$ 130.7 million in 2020, with a forecasted CAGR of 12.7%. Despite the small size of the market, Canadians are presumed as smart and sophisticated in their consumption patterns. The marketing should therefore be based on promoting water enhancer as a smart and luxurious choice. The other factor driving the beverage and bottled water segment is that of taste, enhancers are expected to perform well in this regard. The use of enhancer as healthy additions to water is an important and profitable viewpoint for the market, given the rising elderly and obese in the country. The market is also driven by the portability of the water enhancers, whose size offers an easy to carry approach. The major constraint is that of a very competitive shelf-space, the concentration of most retail outlets is cited as a cause for this. The emergence of private label or brand specific is a direct result of this issue. The growth of high volume sales, which comes with a gradual market success, is important in countering this challenge. Key Deliverables in the Study • Market analysis for the Report title Canada water enhancer market, with region specific assessments and competition analysis on global and regional scales. • Market definition along with the identification of key drivers and restraints. • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale. • Extensively researched competitive landscape section with profiles of major companies along with their market shares. • Identification and analysis of the macro and micro factors that affect the Report title Canada water enhancer market on both global and regional scales. • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information. • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market. • Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.