Premium Bottled Water Market Assessment, Global Estimations, Industry Verticals, Research Demographics, Opportunity, Restraints and Risk Forecast 2024-2032

Premium Bottled Water-Market Insights, Size Revenue, Outlook, Overview, and Analysis. The global premium bottled water market was estimated to be worth USD 19.45 billion in 2022 and is predicted to expand to USD 37.23 billion by 2032, with a CAGR of 6.7% during the forecast period 2023-2032.

Report Scope:

This comprehensive study provides an accurate overview of the worldwide premium bottled water market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by product, distribution channel, and region in the study, which offers a comprehensive picture of the state of the market.

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Market Definition:

Bottled water is drinking water that has been packed in glass or plastic bottles, such as mineral, spring, distilled, or well water. The amount of carbonation in bottled water varies. Water coolers might have small single-serving bottles or large carboys. Premium bottled water comes from an underground water source and is typically unprocessed water that meets the same quality standards as ordinary packaged water. Reverse osmosis or ozone treatment are two of the processes packaged water on the market goes through before it is supplied for human use.

Drivers and Trends:

The increasing consumer understanding and appreciation for high-quality drinking water is propelling up the market for compensation bottled water.
The preference for authentic, pure, and additive-free outcomes is consistent with the increasing knowledge of the benefits of a fit lifestyle. As a consequence, numerous people are converting from conventional to excellent bottled water.

Top Companies:

In this extremely competitive industry, major rivals constantly innovate and differentiate their products in an effort to take the lead in the market. Here are the top companies in the premium bottled water market:

Alpine Glacier Water
Berg Water
Beverly Hills Drink
Bling H2O
BLVD Water
Lofoten Arctic Water
MINUS 181
NEVAS
Roiwater
Uisge Source
VEEN

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Country-Wise Insights:

According to regional research, the market share in 2022 was dominated by the Europe region. The UK's rising need for premium bottled water can be attributed to customers' increasing focus on their health and well-being. A growing number of people are looking for healthier beverage substitutes, such as naturally occurring spring water that is high in minerals, to stay hydrated and promote their general health. Also, Asia Pacific is anticipated to emerge as the fastest-growing area. Given the region's expanding population, rising living standards, and growing worries about diseases linked to water contamination, there are a lot of prospects, especially in nations like China and India.

Segmental Outlook:

Premium Bottled Water, Product Outlook (Revenue - USD Billion, 2023 - 2032)

Spring Water
Sparkling Water
Mineral Water
Others

Premium Bottled Water, Distribution Channel Outlook (Revenue - USD Billion, 2023 - 2032)

Hypermarkets & Supermarkets
Specialty Stores
Online
Others

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Premium Bottled Water Market Report Highlights

Sparkling water segment expected to grow at the fastest rate, owing it several health advantages such as weight loss, body hydration, and improvement in digestion
Online segment expected to grow at the fastest rate, owing to the emergence of several online channels, heavy discounts, offers, and cash back offers
Asia Pacific grown at the steady rate, due to rapidly growing high net worth individuals with high discretionary incomes, coupled with high spending power
Europe garnered the largest share, primarily due to presence of innovative companies, consumer awareness, availability of pure water resources, and robust distribution network

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This release was published on openPR.