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Wellspring
Gwangmyeong, South Korea
A
1-10 Employees
-
Key takeaway
The company, Wellspring Expand Co., Ltd, enhances drinking water quality through portable purifiers and antibacterial technology, ensuring safe and clean drinking water for families anytime and anywhere.
Reference
Core business
웰스프링스 | Wellspring
Wellspring Expand Co., Ltd | Discover how we enhance drinking water quality using portable purifiers and antibacterial technology.
MIWOO corporation
Seoul, South Korea
A
11-50 Employees
2000
Key takeaway
Smart Bottle offers a high-tech solution designed to enhance user experience and brand value, which could be relevant for bottled drinking water products.
Reference
Product
Product
A luxury technology of dropper bottle designed to ease the product use for consumers and increase the value for brands.
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The bottled drinking water industry in South Korea is influenced by several key factors that potential investors should consider. First, stringent regulations from the Ministry of Food and Drug Safety ensure that water quality meets high standards, necessitating compliance with safety protocols and regular testing. The demand for bottled water has surged, driven by health consciousness and the convenience of on-the-go hydration. However, the industry faces challenges such as environmental concerns related to plastic waste and the carbon footprint associated with bottling and distribution. Opportunities exist in the growing trend towards eco-friendly packaging and premium bottled water products, which can attract health-conscious consumers. The competitive landscape is marked by several established brands, making market entry challenging for newcomers. Aligning with global market trends, South Korea also sees an increasing interest in flavored and functional waters, which can provide additional avenues for growth. Understanding these dynamics is crucial for any business looking to navigate the complexities of this vibrant market.
Some interesting numbers and facts about your company results for Bottled Drinking Water
Country with most fitting companies | South Korea |
Amount of fitting manufacturers | 2 |
Average amount of employees | 11-50 |
Oldest suiting company | 2000 |
Youngest suiting company | 2000 |
Some interesting questions that has been asked about the results you have just received for Bottled Drinking Water
What are related technologies to Bottled Drinking Water?
Based on our calculations related technologies to Bottled Drinking Water are Home Furnishing & Decor, Luxury Goods, Fast Moving Consumer Goods, Food, Sport & Entertainment
Which industries are mostly working on Bottled Drinking Water?
The most represented industries which are working in Bottled Drinking Water are Consumer Goods and Services, Packaging
How does ensun find these Bottled Drinking Water Suppliers?
ensun uses an advanced search and ranking system capable of sifting through millions of companies and hundreds of millions of products and services to identify suitable matches. This is achieved by leveraging cutting-edge technologies, including Artificial Intelligence.