NAICS Code 445298-30 - Water Companies-Bottled/Bulk & Etc (Retail)
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NAICS Code 445298-30 Description (8-Digit)
Hierarchy Navigation for NAICS Code 445298-30
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Tools
Tools commonly used in the Water Companies-Bottled/Bulk & Etc (Retail) industry for day-to-day tasks and operations.
- Water dispensers
- Water coolers
- Water filtration systems
- Water bottles (plastic or glass)
- Water jugs
- Water pumps
- Water testing kits
- Water treatment chemicals
- Water softeners
- Water heaters
Industry Examples of Water Companies-Bottled/Bulk & Etc (Retail)
Common products and services typical of NAICS Code 445298-30, illustrating the main business activities and contributions to the market.
- Bottled water
- Bulk water
- Spring water
- Distilled water
- Mineral water
- Alkaline water
- Sparkling water
- Flavored water
- Purified water
- Artesian water
Certifications, Compliance and Licenses for NAICS Code 445298-30 - Water Companies-Bottled/Bulk & Etc (Retail)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- NSF International Certification: NSF International is an independent organization that provides certifications for products and services that meet public health and safety standards. The NSF International certification is required for bottled water products in the US.
- FDA Registration: The US Food and Drug Administration (FDA) requires all bottled water products to be registered with them. This registration ensures that the bottled water products meet the FDA's safety and quality standards.
- State Permits: Each state has its own regulations for bottled water products. Retailers of bottled water products must obtain permits from the state in which they operate. These permits ensure that the bottled water products meet the state's safety and quality standards. No link available
- Hazard Analysis and Critical Control Points (HACCP) Certification: HACCP is a food safety management system that is used to identify and control potential hazards in the food production process. Retailers of bottled water products can obtain HACCP certification to ensure that their products meet food safety standards.
- International Bottled Water Association (IBWA) Certification: The IBWA is a trade association that represents the bottled water industry. The IBWA provides certifications for bottled water products that meet their safety and quality standards.
History
A concise historical narrative of NAICS Code 445298-30 covering global milestones and recent developments within the United States.
- The bottled water industry has a long history dating back to the 18th century when the first bottled water was sold in the United Kingdom. The industry grew slowly until the 1970s when the demand for bottled water increased due to concerns about the safety of tap water. In the 1980s, the industry experienced significant growth in the United States, with the introduction of new brands and the development of new packaging technologies. In the 1990s, the industry continued to grow, with the introduction of flavored and vitamin-enhanced water. In recent years, the industry has faced challenges due to concerns about the environmental impact of plastic bottles and the availability of cheaper alternatives such as filtered tap water. In the United States, the bottled water industry has experienced steady growth since the 1980s. In 2019, the industry generated over $18 billion in revenue. The growth of the industry can be attributed to several factors, including the convenience of bottled water, concerns about the safety of tap water, and the popularity of healthy lifestyles. In recent years, the industry has faced challenges due to concerns about the environmental impact of plastic bottles and the availability of cheaper alternatives such as filtered tap water. Despite these challenges, the industry is expected to continue to grow in the coming years.
Future Outlook for Water Companies-Bottled/Bulk & Etc (Retail)
The anticipated future trajectory of the NAICS 445298-30 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Water Companies-Bottled/Bulk & Etc (Retail) industry in the USA is positive. The industry is expected to continue to grow due to the increasing demand for bottled water and other beverages. The industry is also expected to benefit from the growing health and wellness trend, as consumers are increasingly looking for healthier beverage options. Additionally, the industry is likely to benefit from the increasing popularity of e-commerce, as more consumers are turning to online retailers to purchase their beverages. However, the industry may face challenges from environmental concerns related to the use of plastic bottles, which may lead to increased regulation and higher costs. Overall, the industry is expected to continue to grow in the coming years, driven by changing consumer preferences and increasing demand for bottled water and other beverages.
Industry Innovations for NAICS Code 445298-30
Recent groundbreaking advancements and milestones in the Water Companies-Bottled/Bulk & Etc (Retail) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Water Bottles: These bottles are equipped with sensors that track the user's water intake and remind them to drink more water throughout the day.
- Flavored Water: Many companies are now offering flavored water options, which appeal to consumers who are looking for a healthier alternative to sugary drinks.
- Sustainable Packaging: Some companies are now using more sustainable packaging options, such as biodegradable bottles, to address environmental concerns related to plastic waste.
- Premium Water: Some companies are now offering premium water options, such as alkaline water or water infused with vitamins, which appeal to consumers who are willing to pay more for higher-quality products.
- Online Ordering and Delivery: Many companies are now offering online ordering and delivery options, which appeal to consumers who are looking for convenience and are willing to pay extra for home delivery.
NAICS Code 445298-30 - Water Companies-Bottled/Bulk & Etc (Retail)
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