Premium Bottled Water Market Growth, Size, Trends, Revenue, Share, Scope and Future Outlook
Premium Bottled Water Market Size- By Product, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Nov-2023 | Report ID: FMCG23137 | Pages: 1 - 234 | Formats*: |
| Category : Consumer & Retail | |||
Premium Bottled Water Market Introduction and Overview
According to SPER Market Research, the Global Premium Bottled Water Market is estimated to reach USD 30.06 billion by 2033 with a CAGR of 6.83%.
The report includes an in-depth analysis of the Global Premium Bottled Water market, including market size and trends, product mix, distribution channels, and supplier analysis. Premium bottled water is regarded healthy and clean because it is created primarily using distillation, deionization, reverse osmosis, and other appropriate methods. It normally has a higher salt, calcium, magnesium, and zinc content. Premium bottled water is superior to tap water in terms of taste, quality, purity, and safety, and it contains a suitable amount of total dissolved solids (TDS), extra nutrients, and dissolved minerals. Its ingestion hydrates the body, eliminates toxins, improves digestion, increases athletic performance, promotes cleaner skin, and detoxifies the body.
- Lofoten Arctic Water introduced a series of metal bottles created by the Ball Corporation, a well-known global maker of aluminum cans, in January 2021. These aluminum bottles are designed to be eternally recyclable, coinciding with consumer preferences for environmentally friendly packaging alternatives.
- The world's first sustainable bottled drinking water brand will be available to Singapore's most prominent hotels thanks to a partnership between Accor and SOURCE Global, PBC.
Market Opportunities and Challenges
Opportunities: Individuals' increasing health consciousness is one of the primary aspects driving the market's favorable outlook. In accordance with this, the rising prevalence of water-borne infections and gastrointestinal and digestive tract disorders caused by contaminated water intake is driving market expansion. Furthermore, growing worries about the excessive sugar content and sweeteners in carbonated drinks are driving growth. Furthermore, Unique qualities that appeal to a particular customer demographic help premium bottled waters stand out from mass-market options and command a higher price in the premium bottled water industry. The market for premium bottled waters is being driven by consumers' growing knowledge of and preference for high-quality drinking water.
Challenges: However, the high price of bottled water limits the market. Tap water is much less expensive than premium bottled water, which can cost up to 3,000 times more. Price wars also commonly affect the profit margins of small bottled water companies that sell sparkling water. Ice sheets, natural springs, distilleries, and other private natural sources are some of the purifying techniques used to filter premium water. Weather restrictions can make sourcing difficult at times and increase the cost of purchasing water from these sources. For the whole thing, the price is a lot higher than regular bottled water or tap water.
Market Competitive Landscape
The Premium Bottled Water Market is highly consolidated due to the existence of numerous players operating both internationally and regionally. Alpine Glacier Water Inc., Berg Water, Beverly Hills Drink Company, Bling H2O, Blvd Water, Danone S.A these are the some market key players.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product, By Distribution Channel |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | 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, Alpine Glacier Water Inc., Berg Water, Beverly Hills Drink Company. |
COVID-19 Impact on Global Premium Bottled Water Market
The ongoing COVID-19 pandemic has had a major influence on the global premium bottled water business. Lockdowns, travel restrictions, and social distancing measures have been enforced all over the world, and this has changed consumer behavior and affected the market for high-quality bottled water. Sales and distribution routes for luxury bottled water have been impacted by the slump in the hospitality and travel sectors, which are big users of the product. Furthermore, some consumers have chosen more affordable solutions due to shifting purchasing priorities and economic worries, which has affected the sales of premium products.
Key Target Audience
- Health-Conscious Consumers
- Affluent Consumers
- Gourmet and Fine Dining Consumers
- Fitness Enthusiasts
- Environmental Conscious Consumers
- Corporate and Events
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Key Topics Covered in the Report
- Global Premium Bottled Water Market Size (FY’2023-FY’2033)
- Overview of Global Premium Bottled Water Market
- Segmentation of Global Premium Bottled Water Market By Product (Spring Water, Sparkling Water, Mineral Water, Others)
- Segmentation of Global Premium Bottled Water Market By Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Stores, Others)
- Statistical Snap of Global Premium Bottled Water Market
- Expansion Analysis of Global Premium Bottled Water Market
- Problems and Obstacles in Global Premium Bottled Water Market
- Competitive Landscape in the Global Premium Bottled Water Market
- Impact of COVID-19 and Demonetization on Global Premium Bottled Water Market
- Details on Current Investment in Global Premium Bottled Water Market
- Competitive Analysis of Global Premium Bottled Water Market
- Prominent Players in the Global Premium Bottled Water Market
- SWOT Analysis of Global Premium Bottled Water Market
- Global Premium Bottled Water Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Premium Bottled Water Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Premium Bottled Water Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Premium Bottled Water Market
7. Global Premium Bottled Water Market, By Product (USD Million)
7.1. Global Premium Bottled Water Market Value Share and Forecast, By Product, 2023-20337.2. Spring Water7.3. Sparkling Water7.4. Mineral Water7.5. Others
8. Global Premium Bottled Water Market, By Distribution Channel (USD Million)
8.1. Global Premium Bottled Water Market Value Share and Forecast, By Distribution Channel, 2023-20338.2. Supermarkets and Hypermarkets8.3. Specialty Stores8.4. Online Stores8.5. Others
9. Global Premium Bottled Water Market Forecast, 2019-2033 (USD Million)
9.1. Global Premium Bottled Water Market Size and Market Share
10. Global Premium Bottled Water Market, By Product, 2019-2033 (USD Million)
10.1. Global Premium Bottled Water Market Size and Market Share By Product (2019-2026)
10.2. Global Premium Bottled Water Market Size and Market Share By Product (2027-2033)
11. Global Premium Bottled Water Market, By Distribution Channel, 2019-2033 (USD Million)
11.1. Global Premium Bottled Water Market Size and Market Share By Distribution Channel (2019-2026)11.2. Global Premium Bottled Water Market Size and Market Share By Distribution Channel (2027-2033)
12. Global Premium Bottled Water Market, By Region, 2019-2033 (USD Million)
12.1. Global Premium Bottled Water Market Size and Market Share By Region (2019-2026)12.2. Global Premium Bottled Water Market Size and Market Share By Region (2027-2033)
12.3. Asia-Pacific
12.3.1. Australia12.3.2. China12.3.3. India12.3.4. Japan12.3.5. South Korea12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France12.4.2. Germany12.4.3. Italy12.4.4. Spain12.4.5. United Kingdom12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia12.5.2. United Arab Emirates12.5.3. Rest of Middle East & Africa
12.6. North America
12.6.1. Canada12.6.2. Mexico12.6.3. United States
12.7. Latin America
12.7.1. Argentina12.7.2. Brazil12.7.3. Rest of Latin America
13. Company Profile
13.1. Alpine Glacier Water Inc.
13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments
13.2. Berg Water
13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments
13.3. Beverly Hills Drink Company
13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments
13.4. Bling H2O
13.4.1. Company details
13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments
13.5. Blvd Water
13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments
13.6. Danone S.A.
13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments
13.7. Gerolsteiner Brunnen GmbH & Co. KG
13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments
13.8. Lofoten Arctic Water AS
13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments
13.9. MINUS 181 GmbH
13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments
13.10. NEVAS GmbH
13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments
13.11. Roiwater
13.11.1. Company details13.11.2. Financial outlook13.11.3. Product summary13.11.4. Recent developments
13.12. Uisge Source Inc
13.12.1. Company details13.12.2. Financial outlook13.12.3. Product summary13.12.4. Recent developments
13.13. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Premium Bottled Water Market size is USD 30.06 billion from 2023 to 2033.
S Premium Bottled Water Market Segment is covered By Product, By Distribution Channel.
The North America is anticipated to have the highest market share in the Premium Bottled Water Market
The key players in the market include Companies Covered 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, Alpine Glacier Water Inc., Berg Water, Beverly Hills Drink Company.
Premium bottled water is regarded healthy and clean because it is created primarily using distillation, deionization, reverse osmosis, and other appropriate methods. It normally has a higher salt, calcium, magnesium, and zinc content.
Premium Bottled Water Market CAGR of 6.83% during the forecast period.
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Premium Bottled Water Market is projected to reach USD 30.06 billion by 2033, growing at a CAGR of 6.83% during the forecast period.
Premium Bottled Water Market size from 2022. The Market is expected to reach USD 30.06 billion by 2033, at a CAGR of 6.83% during the forecast period.
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