Premium Bottled Water Market Size Worth $37.23 Billion By 2032 | CAGR: 6.7%

Premium Bottled Water Market Size Worth $37.23 Billion By 2032 | CAGR: 6.7%


The global premium bottled water market size is expected to reach USD 37.23 billion by 2032, according to a new study by Polaris Market Research. The report “Premium Bottled Water Market Share, Size, Trends, Industry Analysis Report, By Product (Spring Water, Mineral Water, Sparkling Water); By Distribution Channel (Supermarket & Hypermarkets, Specialty Store, Online); By Region, And Segment Forecasts, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Increasing consumer aversion towards high sugar content and artificial sweeteners in carbonated beverages has significantly contributed to the growing preference for premium bottled water options in recent years. As individuals become more conscious of the significance of maintaining a healthy lifestyle, there has been a notable shift from regular water to premium bottled water. The inclusion of various minerals such as sodium, magnesium, and calcium in premium bottled water makes it a preferred choice among consumers seeking additional health benefits.

Companies in the market are focusing new product launches, collaborations, and partnerships to sustain their position in the industry.

  • For instance, in May 2023, KYIQ MOUNTAIN is excited to introduce its exceptional range of 100% Natural Spring Water, sourced directly from the awe-inspiring Yukon Mountains. It is committed to delivering a truly exceptional mineral water experience by harnessing the natural purity and exquisite taste of our mineral spring.
  • Moreover, in February 2023, Bisleri International partnered with the Lootah Group, a UAE based company. Bisleri, known for its high-quality mineral water, and Vedica, sourced from the Himalayas, will be conveniently available in 500ml & 1.5 ltrs sizes. Renowned brands are available at various mass-premium general & modern trade stores, as well as through HoReCa & e-commerce platforms.

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Europe is widely recognized as a sought-after tourist destination, and many tourists prefer to consume premium bottled water during their visits. These premium products are known for their high mineral content and appealing packaging, which attracts discerning travelers. In addition to their aesthetic appeal, premium bottled water offers various health benefits such as aiding digestion, preventing dehydration, and providing a delightful frothy and fizzy taste. This popularity extends across several European countries, including Germany, France, & Spain.

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
  • The global key market players include Bling H2O, Uisge Source, Roiwater, NEVAS, Lofoten Arctic Water, MINUS 181, Beverly Hills Drink, Berg Water, and VEEN

Polaris Market Research has segmented the premium bottled water market report based on product, distribution channel, and region:

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

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

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Premium Bottled Water Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 20.70 billion

Revenue forecast in 2032

USD 37.23 billion

CAGR

6.7% from 2023 – 2032

Base year

2022

Historical data

2019 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2023 to 2032

Segments covered

By Product, By Distribution Channel, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region, and segmentation.

For Specific Research Requirements

Request for Customized Report