Project report for Distilled Water

The distilled water is a type of purified water. Portability, easy usage and installation process, and minimal maintenance costs are the key factors to drive the Indian market over the next few years. Furthermore, rising consumer consciousness towards the health benefits of consuming bottled water is projected to drive market growth over the forecast period. Inclination towards bottled water rather than ordinary water, particularly among younger consumers, drives product sales. Observing this trend, several restaurants are providing bottled water to meet consumer demand. Water seems to have hit a sweet spot with health-conscious buyers.

Distilled water is water that has been boiled into vapor and condensed back into liquid in a separate container. Impurities in the original water that do not boil below or near the boiling point of water remain in the original container. Water is a key to social equity to environmental stability and to cultural diversity. Water is also firmly linked with health. Pure and safe drinking water has always been a necessity. The tradition and style of serving drinking water, in India, has however changed quite dramatically during the last decade. Almost a decade ago, the introduction of bottled water or “packaged mineral water” has changed the tradition of serving and consuming drinking water. This has ushered in very strongly, the use of polymers or plastics as materials for water storage and distribution.

Distilled water market is expected to gain market growth in the forecast period of 2021 to 2028 and analyses the market to grow at a CAGR of 7.00%. Rising demand for distilled water in laboratories drives the distilled water market. Increasing health concerns, and unavailability of clean drinking water have led to the growth of the bottled water market in India. Increase in per capita spending and rapid urbanization is a vital factor escalating the market growth, also rising research and development activities, increased aquariums in the houses leads to the increased demand for distilled water, rise in demand for crude oil, its by-products, and alcoholic beverages, increasing automation industry also leads to the increasing demand for distilled water as it is used in some parts of the vehicle, rising laboratories in some regions and rising use of distilled water in some of the medical devices such as continuous positive airway pressure (CPAP) devices for sleep apnea are the major factors among others driving the distilled water market briskly. Moreover, increasing modernization in the production techniques and rising industrialization will further create new opportunities for the distilled water market in the forecast period of 2021- 2028. Flavored bottled drinking water has become popular in India. Different kinds of flavored water containing fruit essence and artificial sweeteners like soda, cola, juice, and other sweetened beverages often act as a substitute to plain bottled water. At times consumers prefer flavored bottled water to normal bottled water. This shift is developing an opportunity to expand the product line of bottled water manufacturers in India.