BOREAL WATER COLLECT (OTCMKTS:BRWC), a leading producer of bottled water private label and high-end clients, recently announced that it had expanded its reach to over 300 supermarkets in China. As per the reports, the company has also made public its eagerness to participate in the International High-end Drinking Water Expo on June 4, 2015 in Guangzhou China.
Management’s Call:
The senior management of the company is pleased with this achievement and hopes to continue the same in the future as well. According to Francine Lavoie, Chief Executive Officer, Boreal Water Collect, it’s a proud moment for the company to take its reach to another level in China. One of Boreal Water Collect’s clients named CR Vanguard will sell the baby water of the company in more than 300 supermarkets in China.
With the excellent growth rate economy in China, the per capita income has increased amazingly in the recent past, urging people to live a better and high-profile lifestyle. People have started giving more preference to health than ever, which has significantly improved the demand for bottled water in the recent past.
The bottled water market in China was around $1.5 billion dollar in 2012 with 20% flat growth rate. It clearly shows that there are numerous opportunities for Boreal Water in China. Guangzhou is the best place for the company to kick off its new chapter in China. It’s a trading and economic center and carries an important place among companies seeking new opportunities in China.
China has faced a difficult time recently in terms of financial growth due to unstable market conditions and lack of certainty among investors. But things have started to change now. With more and more investors showing interest in the country, the market conditions have become slightly easier for BOREAL WATER COLLECT (OTCMKTS:BRWC) to enter the market. The company looks forward to continuing this winning performance in the coming months as well.
