3 Waterbottle Business Success Stories [2024]
Quenching people's thirst while reducing plastic waste is a strong premise for a business. Starting a water bottle business focuses on producing reusable, high-quality water bottles that cater to the eco-conscious consumer.
The concept is straightforward: design attractive and durable water bottles, source eco-friendly materials, and market them to an audience increasingly concerned about environmental impact.
Beyond simply creating a product, this business involves logistics, from manufacturing partnerships to marketing strategies and customer relationship management. The growing awareness and demand for sustainable products offer a promising market, but it requires dedication and a keen eye for design and quality.
For those passionate about sustainability and business, diving into the water bottle industry could be both a lucrative and rewarding endeavor.
In this list, you'll find real-world waterbottle business success stories and very profitable examples of starting a waterbottle business that makes money.
1. Pdd Falcon - Prazision Deep draw Pvt. lts ($936K/year)
After appearing on the popular TV show Shark Tank India, Sneha and her husband Chirag realized the market potential for premium quality stainless steel storage and drinkware. They launched PDD Falcon in 2017, offering a range of more than 300 products. With over 5 million customers served across 18,000 pin codes and a forecasted revenue of 12 crore for FY 2022-23, PDD Falcon has become a leading brand in India's home and kitchenware industry.
How much money it makes: $936K/year
How much did it cost to start: $2.5M
How many people on the team: 300
PDD Falcon is a family-owned brand that manufactures premium stainless steel storage and drinkware, serving over 5 million customers across 18,000 pin codes in India with a projected revenue of Rs 12 cr and valuation of Rs 25 cr for FY 2022-23, achieved through a network of 40 distributors and various major online portals.
2. Pressa Inc. ($636K/year)
Jesse Hambly and his brothers stumbled upon the idea for Pressa Bottle while in college, noticing their classmates flavoring their water with fruit. Despite having no background in plastics, they worked to create prototypes and validated the product through a Kickstarter campaign. Today, their company operates at over $50k per month, primarily through eCommerce and Amazon sales, and they are looking to scale up substantially in the future.
How much money it makes: $636K/year
How much did it cost to start: $100K
How many people on the team: 0
Pressa Inc, a company that sells an innovative water bottle called Pressa Bottle that allows users to juice and press real fruit into any beverage, has been able to generate just over $50k per month primarily through their .com and Amazon, while also selling their product in a few select retailers such as Saks Fifth Avenue, Dillards, and Uncommon Goods, and is looking to scale up substantially with a hope of hitting $3M in sales next year.
3. Deivee ($132K/year)
Darshan M, the founder of Deivee, came up with the idea for his organic sustainable yoga lifestyle brand after realizing that Indian women were uncomfortable with the existing sportswear options in the market. Teaming up with Indian star Milind Soman, they created yoga-inspired clothing, mats, and accessories that catered to the specific needs and sensibilities of Indian women. Despite being a relatively small startup, Deivee achieved impressive revenue growth, scaling from 500,000 INR ($7K) in their first year to 120M INR ($1.6M) in their third year.
How much money it makes: $132K/year
How much did it cost to start: $100K
How many people on the team: 0
Deivee, the organic sustainable yoga lifestyle brand, grew from making just $7K in their first year to $1.6M in their third year through their flagship products, including a Yoga Kurti, copper water bottles, and organic biodegradable yoga mats, while remaining a low-funded start-up, using micro-influencer marketing and customer feedback to improve their product.
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