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BE WATER Drives Increased Sales Within Thriving Bottled Water Industry

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Greene Concepts Inc. (OTC Pink: INKW) reports continued growth of its BE WATER brand in the expanding bottled water industry. The company's sales have increased, driven by BE WATER's presence in Walmart stores across North and South Carolina, as well as Camping World. The global bottled water industry, valued at $318 billion in 2023, is projected to reach $538.58 billion by 2033, growing at a CAGR of 5.4%.

In the U.S., the bottled water market leads globally, with the highest sales volume ever in 2022. The U.S. market is estimated at $44.6 billion in 2023 and expected to grow to $47.42 billion in 2024, with a CAGR of 5.8%. BE WATER, a premium artesian spring water brand, was the 2023 Recipient of Walmart's Open Call Golden Ticket Award and began rolling out to Walmart stores in the Southeast in May 2024.

Greene Concepts Inc. (OTC Pink: INKW) riporta una continua crescita del suo marchio BE WATER nell'espandente industria delle acque in bottiglia. Le vendite dell'azienda sono aumentate, trainate dalla presenza di BE WATER nei negozi Walmart in Nord e Sud Carolina, oltre che da Camping World. L'industria globale delle acque in bottiglia, valutata 318 miliardi di dollari nel 2023, si prevede raggiungerà 538,58 miliardi di dollari entro il 2033, con una crescita del CAGR del 5,4%.

Negli Stati Uniti, il mercato delle acque in bottiglia è il leader globale, con il massimo volume di vendite mai registrato nel 2022. Il mercato statunitense è stimato in 44,6 miliardi di dollari nel 2023 e si prevede crescerà a 47,42 miliardi di dollari nel 2024, con un CAGR del 5,8%. BE WATER, un marchio premium di acqua di sorgente artesiana, è stato il ricevente del Walmart Open Call Golden Ticket Award nel 2023 e ha iniziato a essere distribuito nei negozi Walmart del sud-est a maggio 2024.

Greene Concepts Inc. (OTC Pink: INKW) informa sobre el crecimiento continuo de su marca BE WATER en la creciente industria de agua embotellada. Las ventas de la compañía han aumentado, impulsadas por la presencia de BE WATER en las tiendas Walmart de Carolina del Norte y del Sur, así como en Camping World. La industria global del agua embotellada, valorada en 318 mil millones de dólares en 2023, se proyecta alcanzará 538,58 mil millones de dólares para 2033, creciendo a una tasa compuesta anual del 5.4%.

En EE. UU., el mercado de agua embotellada lidera a nivel global, con el mayor volumen de ventas registrado nunca en 2022. Se estima que el mercado estadounidense sea de 44,6 mil millones de dólares en 2023 y se espera que crezca hasta 47,42 mil millones de dólares en 2024, con un CAGR del 5,8%. BE WATER, una marca premium de agua de manantial artesiano, fue la ganadora del Walmart Open Call Golden Ticket Award en 2023 y comenzó a distribuirse en las tiendas Walmart del sureste en mayo de 2024.

그린 콘셉츠 주식회사 (OTC Pink: INKW)는 확장되고 있는 생수 산업에서 브랜드 BE WATER의 지속적인 성장을 보고하고 있습니다. 회사의 매출은 북남 캐롤라이나와 Camping World 내의 Walmart 매장에 BE WATER가 입점하면서 증가하고 있습니다. 2023년 3180억 달러5385억 달러에 이를 것으로 예상되며, CAGR는 5.4% 성장할 것입니다.

미국에서 생수 시장은 전 세계적으로 선두를 차지하고 있으며, 2022년 최대 판매량 기록을 경신했습니다. 미국 시장은 2023년에 446억 달러로 평가되며 2024년에는 474억 2천만 달러로 성장할 것으로 예상되며, CAGR 5.8%입니다. BE WATER는 프리미엄 아르테지안 스프링 워터 브랜드로, 2023년 Walmart Open Call Golden Ticket Award 수상자이며 2024년 5월부터 남동부 Walmart 매장에서 공급을 시작했습니다.

Greene Concepts Inc. (OTC Pink: INKW) fait état d'une croissance continue de sa marque BE WATER dans l'industrie des eaux en bouteilles en plein essor. Les ventes de l'entreprise ont augmenté, soutenues par la présence de BE WATER dans les magasins Walmart à travers le Nord et le Sud de la Caroline, ainsi que Camping World. L'industrie mondiale de l'eau en bouteille, évaluée à 318 milliards de dollars en 2023, devrait atteindre 538,58 milliards de dollars d'ici 2033, avec un taux de croissance annuel composé (CAGR) de 5,4%.

Aux États-Unis, le marché de l'eau en bouteilles domine à l'échelle mondiale, avec le plus gros volume de ventes jamais enregistré en 2022. Le marché américain est estimé à 44,6 milliards de dollars en 2023 et devrait atteindre 47,42 milliards de dollars en 2024, avec un CAGR de 5,8%. BE WATER, une marque d'eau de source artésienne haut de gamme, a été le lauréat du Walmart Open Call Golden Ticket Award 2023 et a commencé son déploiement dans les magasins Walmart du Sud-Est en mai 2024.

Greene Concepts Inc. (OTC Pink: INKW) berichtet über das kontinuierliche Wachstum seiner Marke BE WATER in der sich ausdehnenden Flaschenwasserindustrie. Der Umsatz des Unternehmens ist gestiegen, angetrieben durch die Präsenz von BE WATER in Walmart-Filialen in Nord- und Südkarolina sowie Camping World. Die globale Flaschenwasserindustrie, die 2023 mit 318 Milliarden Dollar bewertet wird, wird voraussichtlich bis 2033 538,58 Milliarden Dollar erreichen, mit einer jährlichen Wachstumsrate (CAGR) von 5,4%.

In den USA führt der Flaschenwassermarkt weltweit, mit dem höchsten Verkaufsvolumen aller Zeiten im Jahr 2022. Der US-Markt wird 2023 auf 44,6 Milliarden Dollar geschätzt und wird voraussichtlich 2024 auf 47,42 Milliarden Dollar wachsen, mit einer CAGR von 5,8%. BE WATER, eine Premium-Marke für artesisches Quellwasser, war der Preisträger des Walmart Open Call Golden Ticket Award 2023 und begann im Mai 2024 mit der Einführung in Walmart-Filialen im Südosten.

Positive
  • BE WATER brand experiencing continued growth and success
  • Expanded distribution through Walmart stores in North and South Carolina
  • Recipient of Walmart's 2023 Open Call Golden Ticket Award
  • U.S. bottled water market expected to grow from $44.6 billion in 2023 to $47.42 billion in 2024
  • Global bottled water industry projected to reach $538.58 billion by 2033
Negative
  • None.

Marion, North Carolina--(Newsfile Corp. - September 10, 2024) - Greene Concepts Inc. (OTC Pink: INKW) is pleased to announce the continued growth and success of its BE WATER™ brand within the expanding bottled water industry. The Company's sales and financial performance have flourished, driven significantly by BE WATER's presence in Walmart stores across North and South Carolina along with Camping World.

The global bottled water industry was valued at $318 billion in 2023 and is projected to reach $538.58 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.4%, according to Precedence Research. Key factors driving this growth include water scarcity in certain regions, the easy availability of bottled water in retail outlets and increasing consumer health consciousness.

In the U.S., the bottled water market leads the world, with 2022 marking its highest sales volume ever, according to Statista. Taste and quality remain the top purchase drivers. The U.S. bottled water market was estimated at $44.6 billion in 2023 and is expected to grow to $47.42 billion in 2024, with a CAGR of 5.8%, according to Grand View Research, capturing a 13.7% share of the global market.

Lenny Greene, CEO of Greene Concepts, states, "As a premium artesian spring water brand, BE WATER has continued to attract a wide following in the marketplace. BE WATER is a premium artesian spring water bottled in the foothills of the Blue Ridge Mountains in North Carolina. BE WATER has a sustainable and replenishing water source with a great taste, clean crisp taste and is a low-cost leader in premium water. BE WATER was the 2023 Recipient of Walmart's coveted Open Call Golden Ticket Award and we began rolling out to Walmart stores in the Southeast in May 2024. This growth is driven by a rising trend of consumers prioritizing health and wellness."

Mr. Greene adds, "We are committed to being a key player in the U.S market. Expanding our distribution channels is a top priority that will drive BE WATER's future growth."

About Greene Concepts, Inc.

Greene Concepts, Inc. (http://www.greeneconcepts.com) is a publicly traded company whose purpose is to provide the world with high-quality, healthy and enhanced beverage choices that meet the nutritional needs of its consumers while refreshing their mind, body and spirit. The Company's flagship product, BE WATER, is a premium artesian bottled water that supports total body health and wellness. Greene Concepts' beverage and bottling plant is located in Marion, North Carolina, and their water is ethically sourced from spring and artesian wells that are fed from a natural aquifer located deep beneath the Blue Ridge Mountains. Greene Concepts continues to develop and market premium beverage brands designed to enhance the daily lives of consumers.

Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a few uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events or otherwise.

CONTACT:

Greene Concepts, Inc.
Investor Relations
IR@greeneconcepts.com

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FAQ

What is the current valuation of the global bottled water industry according to the INKW press release?

According to the press release, the global bottled water industry was valued at $318 billion in 2023.

What is the projected CAGR for the global bottled water industry mentioned in the INKW announcement?

The press release states that the global bottled water industry is projected to grow at a compound annual growth rate (CAGR) of 5.4%.

When did BE WATER begin rolling out to Walmart stores in the Southeast according to INKW?

According to the press release, BE WATER began rolling out to Walmart stores in the Southeast in May 2024.

What award did BE WATER receive from Walmart in 2023, as mentioned in the INKW announcement?

The press release states that BE WATER was the 2023 Recipient of Walmart's coveted Open Call Golden Ticket Award.

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