Premium Bottled Water Market Overview 2024-2032:
The global premium bottled water market size reached US$ 15.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 26.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.96% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023 |
US$ 15.9 Billion |
Market Forecast in 2032 |
US$ 26.7 Billion |
Market Growth Rate (2024-2032) |
5.96% |
Premium bottled water is considered healthy and clean as it is mainly produced by distillation, deionization, reverse osmosis, and other suitable processes. It usually contains a higher content of sodium, calcium, magnesium, and zinc. As compared to regular water, premium bottled water offers enhanced taste, quality, purity, and safety and contains an adequate amount of total dissolved solids (TDS), additional nutrients, and dissolved minerals. Its consumption provides hydration, removes harmful containments, improves digestion, boosts athletic performance, promotes clearer skin, and detoxifies the body.
Premium Bottled Water Market Trends:
The rising health consciousness among individuals is one of the key factors creating a positive outlook for the market. In line with this, the increasing prevalence of water-borne diseases and gastrointestinal and digestive tract ailments caused due to the consumption of contaminated water is favoring the market growth. Additionally, the growing concerns about high sugar content and sweeteners in carbonated drinks are acting as another growth-inducing factor. Apart from this, premium bottled water companies are setting themselves apart from the mass market with unique selling points, such as supposed naturalness and enhanced mineral content and additional composites. They are also introducing new packaging designs, patterns, logos, and customized product options, which is providing an impetus to the market growth. Furthermore, the development of new and innovative flavored water variants by key manufacturers that offer improved taste along with nutritional benefits, including vitamins and reduced calorie content, is positively influencing the market growth. Moreover, various marketing strategies, including celebrity and social media influencer endorsements to expand the market reach, are propelling the market growth. Other factors, including the rising expenditure capacities of consumers, easy product availability across hypermarkets, supermarkets, general stores, and convenience stores, and widespread product adoption in restaurants, cafes, and hotels, are supporting the market growth.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global premium bottled water market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product and distribution channel.
Breakup by Product:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Spring Water
- Sparkling Water
- Mineral Water
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
- Others
Breakup by Region:
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- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alpine Glacier Water Inc., Berg Water, Beverly Hills Drink Company, Bling H2O, Blvd Water, Danone S.A., Gerolsteiner Brunnen GmbH & Co. KG, Lofoten Arctic Water AS, MINUS 181 GmbH, NEVAS GmbH, Roiwater, Uisge Source Inc. and Veen.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Product, Distribution Channel, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Alpine Glacier Water Inc., Berg Water, Beverly Hills Drink Company, Bling H2O, Blvd Water, Danone S.A., Gerolsteiner Brunnen GmbH & Co. KG, Lofoten Arctic Water AS, MINUS 181 GmbH, NEVAS GmbH, Roiwater, Uisge Source Inc. and Veen. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |