Looking for a solid guide that shows the best Brands of Bottled Water in Nigeria and their prices(and download a business plan at the end)? Read on.
Remember the saying, “Water is the basis of all life”? Well, the bottled water industry has grown significantly both in Nigeria and globally. There are several brands of bottled water available right now.
Despite having a wide range of options, choosing the right one is challenging. Instead, on your behalf, we surveyed Nigerian bottled water brands. In this post, we talk about the brands that we think are the greatest, as well as their costs. Now, without further ado, let’s begin.
READ – HOW TO START BOTTLED AND SACHET WATER BUSINESS IN NIGERIA
How Much Does it Cost to Start a bottled water company?
Embarking on the journey of starting a bottled water company demands a keen understanding of the industry landscape and a strategic approach to financial planning, especially in the context of the Nigerian market. From water purification processes to packaging and distribution, every step requires careful consideration.
In this section, we’ll explore the various aspects involved in launching a bottled water company in Nigeria and estimate the costs associated with this liquid investment.
1. Market Research and Business Planning:
The foundation of any successful venture lies in comprehensive market research and a well-thought-out business plan. Understand the competitive landscape, target market, and regulatory requirements. This initial phase might involve costs for market studies, feasibility analyses, and legal consultations. Estimated cost: ₦1,000,000.
2. Regulatory Compliance:
Ensuring compliance with local and national regulations is a non-negotiable step in the bottled water industry. Costs associated with obtaining licenses, certifications, and adhering to quality standards can vary based on the regulatory framework in Nigeria. Estimated cost: ₦500,000.
3. Facility and Equipment:
Establishing a water bottling facility requires a significant investment in infrastructure and equipment. This includes water purification systems, bottling lines, conveyors, labeling machines, and packaging equipment. Costs can vary widely depending on the scale of operations and the technology employed. Estimated cost: ₦20,000,000.
4. Water Source and Testing:
Access to a clean and reliable water source is fundamental. Costs associated with acquiring water rights, testing the water for quality, and implementing necessary treatments to meet regulatory standards are part of the initial investment. Estimated cost: ₦2,000,000.
5. Bottles and Packaging:
The choice of packaging, whether it’s PET bottles, glass containers, or other materials, affects costs. Additionally, labeling and branding expenses should be considered. Packaging costs can include the purchase of bottles, caps, labels, and packaging materials. Estimated cost: ₦3,000,000.
6. Distribution and Logistics:
Efficient distribution requires investment in transportation, storage facilities, and a well-organized logistics network. Consider the costs of vehicles, fuel, storage space, and personnel required for timely and reliable distribution. Estimated cost: ₦5,000,000.
7. Marketing and Branding:
Building brand awareness is essential in a competitive market. Marketing costs can include advertising, promotional materials, and establishing an online and offline presence. Developing a strong brand image may also involve hiring creative professionals for logo design and marketing campaigns. Estimated cost: ₦2,500,000.
8. Labor Costs:
Employee salaries and wages contribute significantly to the operational costs. From production staff to administrative roles and sales personnel, labor costs should be factored into the overall budget. Estimated cost: ₦4,000,000.
9. Utilities and Operational Expenses:
Running a bottling facility involves ongoing costs such as electricity, water, maintenance, and other operational expenses. These recurring costs must be accounted for in the business plan. Estimated monthly operational cost: ₦500,000.
10. Contingency and Working Capital:
Unforeseen challenges and fluctuations in market conditions can occur. Allocating funds for contingencies and maintaining sufficient working capital ensures the company’s resilience and ability to address unexpected expenses. Estimated contingency and working capital: ₦3,000,000.
Conclusion:
Starting a bottled water company in Nigeria involves a multifaceted financial commitment. While costs can vary based on factors like location, scale, and technology, a thorough understanding of these components is crucial for accurate financial planning. Entrepreneurs venturing into the bottled water industry should approach this liquid investment with a comprehensive business plan, a commitment to quality, and a strategic vision for sustainable growth. With careful planning, a bottled water company can quench not only the thirst of consumers but also the thirst for entrepreneurial success. Estimated total startup cost: ₦41,500,000.
Prices of the Best Bottled Water Brands in Nigeria
Nigeria is home to a huge number of bottled water brands. Due to their regional exclusivity, several of these brands’ names are probably unfamiliar to you. We made every effort to study the whole market and look at the leading brands across the nation. Our best options are listed below along with their prices
- CWAY Table Water: From N70
- Aquapac Limited: From N100
- Eva Table Water: From N150
- Nestle Bottle Water: From N120
- Ragolis Bottle Water: From N120
- SWAN Table Water: From N150
These are only a small portion of the top bottled water brands in Nigeria, as we already said. Prices for these goods seldom ever change. Anywhere in the nation where you find them, they cost roughly the same. When you buy them in upscale dining establishments, nightclubs, and supermarkets, their costs may vary.
Nigeria’s top bottled water companies
Let’s take a closer look at these items now that you are aware of their costs. We should explain the criteria we used to choose these brands before continuing. In essence, they meet the requirements for high-quality drinking water, which include:
- odorless (pure water should be odorless).
- They don’t have any readily apparent solid particles.
- Free from contamination and the existence of toxic or harmful compounds.
high in minerals.
- Even though we prefer to remark that water tastes pleasant when it quenches our thirst, it should have no flavor.
CWAY Table Water
A product of CWAY Nigeria Limited is CWAY Table Water. This item is a new invention made to satisfy the customers’ particular needs. It makes it easier for the client to get hold of healthful, top-notch bottled table water.
The bottle is extremely portable, beautiful, and small. You may take it almost everywhere you want because it only holds 750ml, or 75CL. This device works well for home usage, entertaining, and may even be used in restaurants. Additionally, a case of 12 bottles is available. Additionally, CWAY Nigeria Limited makes and sells water dispenser machines.
Aquapac Limited
High-quality bottled water is produced by Aquapac Limited. Despite having its headquarters in Lagos, this business has developed into one of Nigeria’s top bottlers of water. This firm sells clean, healthful bottled water. It has no flavor and is devoid of contaminants. Any reputable store, eatery, or lodging facility in and around Lagos State would sell this product
Eva Table Water
Coca-Cola manufactures the brand of bottled water known as Eva Table Water. This water is intended to satisfy a person’s daily water needs. To make sure the water is clean and safe to drink for people, it goes through a number of procedures. Before being approved as safe for drinking, it underwent a number of tests.
Below is the nutrition chart for Eva Table Water:
- Calories: 0 calories
- Total Fat: 0g, 0%
- Cholesterol: 0%
- Total Carbohydrates: 0g, 0%
- Total Sugars: 0g, 0%
- Protein : 0g, 0%
- Salt: 0mg, 0%
Nestle Bottle Water
Nestle Pure Life is another name for Nestle Bottled Water. This water comes from a spring, which is thought to be the cleanest water source. It has undergone several procedures to make sure it is safe for ingestion by people.
Nestle Bottle Water is produced using a unique process that includes sensory, chemical laboratory, and microbiological testing. For Nestle, the packaging is equally as important as the water. To guarantee 100% quality, all packaging materials are put through several tests.
The packaging materials are all made to meet standards for food safety. The business chooses its suppliers based on a set of criteria. All of Nestle’s suppliers have access to its knowledge of HACCP, NGMP, Analysis, and Quality System techniques.
Nestle Bottle Water is available at grocery shops, department stores, eateries, pharmacies, and lodging facilities. Nestle is one of the leading manufacturers of bottled water in the world because to its physical, hydrological, bacteriological, and chemical control techniques.
Ragolis Bottle Water
A product of Ragolis Waters Limited is Ragolis Bottled Water. This business has been active for almost three decades. One of Nigeria’s best and oldest bottlers of water is also one of the oldest.
To keep up with industry needs, the firm is continually developing and raising its standards. Ragolis Bottle Water has received a coveted award from the Standard Organization of Nigeria (SON) to attest to its superior quality. The Certificate of Quality Management System is this honor. Here are a few justifications for purchasing Ragolis Bottled Water:
- A recognized laboratory for analysis located where the water is made.
- Several organizations conduct local and worldwide quality control checks.
- Internal quality controls.
- Process improvement is ongoing.
SWAN Table Water
SWAN Table Water and Just Ragolis Bottled Water have both been around for a very long time. This product is made from spring water that is obtained from a natural spring in Plateau State’s Kerang Hills.
Multiple procedures are used to assure the water’s excellent quality. It includes a number of minerals, including calcium, sodium, potassium, bicarbonate, and magnesium. The pH of this water, which is 7.3, aids in the body’s maintenance of health and fitness.
How To Download The Sachet Water and Bottled Water Business Plan Template
Above is a part of the sachet water and bottled water business plan template in Nigeria. If you want the complete business plan with the full financial plan, calculations and more, follow the procedures to download it.
Pay the sum of N5000 (Five thousand naira only) to the account detail below:
Bank: GTBank
Name: Oyewole Abidemi (I am putting my name and not our company account so you know we are real people and you can trust us)
Ac/No: 0238933625
Type: Saving
Thereafter, send us your email address through text message to +234 701 754 2853. The text must contain the title of the business plan you want and also your email address. Immediately after the confirmation of your payment, we will send the sachet water and bottled water business plan in Nigeria to your email address where you can easily download it.
