Indians are bracing for summer, with temperatures expected to cross 45C in some parts of the country. But the war with Iran is already putting India's $6bn bottled water industry under strain as manufacturers struggle to access crucial raw materials. Last month, market leader Bisleri increased prices by 11%, making a box of 12 one-litre bottles costlier by 24 rupees. Brands like Bailley and Clear Premium Water have also adjusted their prices. Approximately 15% of urban households and 6% of rural households rely on bottled water, but this reliance can be costly, especially for rural populations. The conflict has severely disrupted global shipping and sent fuel prices soaring, affecting the price of crude oil, a vital component in the production of PET used for bottles. With escalating costs and reduced availability of essential supplies, the situation poses a significant risk to affordability and accessibility of bottled water and beverages during peak demand periods as summer approaches.
Impact of Iran War on India’s Bottled Water and Beer Prices
Impact of Iran War on India’s Bottled Water and Beer Prices
The ongoing conflict in Iran is causing price hikes in India's $6 billion bottled water industry, creating challenges for consumers, especially during the peak summer months.
India's bottled water and beverage prices are being pressured by the war in Iran, as manufacturers face rising costs for raw materials like PET resin, a product derived from crude oil. Major brands have already raised their prices as demand surges with approaching summer temperatures. Local manufacturers warn that continued disruptions could make these essential commodities unaffordable for many Indians.
