Premium Bottled Water Market

Premium Bottled Water Market, By Product Type (Spring Water, Sparkling Water, Mineral Water, Black Water, Others), By Capacity (Below 250ml, 50-500 ml, 500-750 ml, 750-1000 ml, Above 1000ml), By Sales Channel (Hypermarket/Supermarkets, Specialty Stores, Online Retailers, Others Sales Channel) and Regions 2025-2033

Market Overview: 

"The global premium bottled market was valued at US$ 37.8 billion in 2024 and is expected to register a CAGR of 6.9% over the forecast period and reach US$ 68.9 billion in 2033."

Report Attributes

Details

Base Year

2024

Forecast Years

2025-2033

Historical Years

2021-2024

Premium Bottled Water Market Growth Rate (2025-2033)

6.9%

Premium bottled water is a category of bottled water products that are distinguished through enhanced quality, taste, and often unique attributes. These bottle contents typically come from pristine sources, undergo rigorous purification processes, and are packaged in aesthetically pleasing, eco-friendly containers. What makes these products premium is the emphasis on purity and a superior mineral profile, which enhances taste and health benefits. Various types of premium bottled water include natural spring water, artesian water, glacier water, alkaline water, and mineral water. Each type offers distinctive qualities, such as unique mineral content or pH levels, catering to diverse consumer preferences for enhanced hydration experiences.

Premium water is typically considered a subcategory within the broader beverage industry and often falls under the category of ‘bottled water’ or ‘bottled beverages’. It is a specialized segment of bottled water products that are distinguished by higher quality, unique attributes, and upscale branding. This premium water category is characterized by purity, taste, and health benefits, making it an appealing choice for consumers seeking an enhanced drinking experience. While bottled water is the overarching product category, premium water represents a niche within this category, catering to consumers who are willing to pay more for superior quality and distinctive features in their bottled water.

The global premium bottled water market has been registering dynamic revenue growth in the recent past, driven by key factors such as increasing emphasis on health and wellness, changing lifestyle, and rising spending capacity among consumers. Currently, purchase decisions for a number of premium products are driven to a major extent by trends being created to showcase what health-conscious society or elites and sophisticated members of communities consume. A number of such premium product brands use influencers to bring products into focus and create new consumer bases. While celebrities have or may be associated with or endorse specific premium bottled water brands, these endorsements can be part of marketing campaigns and may or may not reflect the celebrities' actual drinking choices. Peer pressure, need to be part of a new generation or part of a unique consumer class also drives preferences to a major extent. Some consumers may be more inclined to opt for premium bottled water brands if available for a cost over that of regular bottled water to stand apart from consumers opting for cheaper alternatives. Also, the perception that premium bottled water offers superior quality and health benefits, including purity, mineral content, and taste, has led to a surge in demand.

Some trends in the premium bottled water industry reflect this shift in consumer preference. Brands are focusing on environmentally friendly packaging, sustainable sourcing, and minimalistic designs to appeal to eco-conscious consumers. Moreover, there is a growing preference for premium bottled waters that offer unique attributes, such as alkaline pH levels or infused flavors, catering to diverse consumer tastes.

The global premium bottled water market is not uniform in its growth rate. Some countries exhibit rapid increases in market size, mainly in regions with strong economic growth and higher disposable incomes, while others progress more slowly due to economic disparities. In developed economies, adoption of premium bottled water indicates an incline, driven by shift away from easily available non-registered or local brands that could cause health risks due to poor hygiene and questionable sources or origins and concerns about water quality and health and safety as more such brands enter the market unrestricted.

Parts in the global premium water market research report highlights the strong correlation between premium bottled water, quality, and health benefits and perceptions and trends related to regular bottled water that are causing shift towards or away. As consumers become more discerning, they seek water with specific mineral profiles and pH levels, contributing to shift is preference. While cost and quality are high on the list of factors, there are other aspects that have major influence on the market scenario as well. The forecast for this industry remains solid and positive however, as brands continue to innovate and diversify, ensuring sustained popularity of premium bottled water as a symbol of good choice, sophistication, affordability, and focus on health and wellness.

Premium Bottled Water Market Trends and Drivers:

New Strategies & Creative Marketing: New entrants are leveraging these opportunities by adopting eco-friendly practices, promoting distinct water sources, emphasizing quality, purity, and wellness benefits, and engaging in creative marketing strategies to carve a niche in this competitive market.

Health and Wellness Trends: This trend is uniquely most relevant and hence can be repeated without being overestimating. A significant shift in consumer preferences towards healthier beverage choices has been resulting in sudden incline in market revenue shares across similar products and other markets. Consumers are currently more inclined to read product labels and reviews as well as study unique mineral profiles and potential health benefits online in real time, and ascertain whether these are aligning with the trend for healthier lifestyles and diets.

Environmental Sustainability: Eco-friendly packaging and sustainability initiatives have more gained importance. Many premium bottled water brands are investing in recyclable or biodegradable materials, reducing their carbon footprint, and focusing on responsible sourcing and production. This commitment to environmental sustainability attracts environmentally-conscious consumers and helps to influence a favorable purchase decision.

Product Diversification: Premium bottled water brands are expanding their product portfolios by offering various types of water, such as natural spring water, artesian water, glacier water, and alkaline water. This diversification caters to a wider range of consumer preferences, and rising awareness of the properties and effects on health and wellness of these water types are driving revenue growth.

Luxury and Exclusivity: High-end packaging, limited-edition releases, and collaborations with luxury brands create a sense of exclusivity and luxury associated with premium bottled water. This appeal to the luxury market segment and is boosting revenue growth.

Global Market Expansion: Demand for premium bottled water has expanded beyond developed countries and into emerging markets where rising disposable incomes and urbanization are major factors driving increased consumer interest in premium beverages. This global expansion is also enabling tapping into new consumer bases and is driving revenue growth.

Premium Bottled Water Market Restraining Factors:

Cost and Price Sensitivity: The premium nature of these products often results in higher prices compared to tap water or standard bottled water. Economic factors and price sensitivity among consumers can restrain market share growth, especially during economic downturns.

Competition from Tap Water: In regions with access to clean and safe tap water, consumers may choose to drink tap water or moderately filtered and bottled water over premium bottled water. The perception that tap water being entirely safe due to no side effects over the years as well as force of habit can limit potential of new consumers and restrain market share in such areas.

Regulatory Challenges: Stringent regulations on water quality, labeling, and packaging, while essential for consumer safety, can pose compliance challenges for premium bottled water brands.

Counterfeit and Spurious Products: Availability of counterfeit or substandard premium bottled water products in the market poses a threat to consumer safety and the reputation of genuine premium brands. These counterfeit products may mimic premium packaging and branding, leading to confusion and potential decline in consumer trust.

Quality and Safety Concerns: The presence of counterfeit or low-cost, spurious products can undermine consumer confidence in the premium bottled water market. Reports of quality issues or health risks associated with such products can have a negative impact on the revenue of legitimate market players.

Market Reputation: Instances of counterfeit or low-quality premium bottled water can damage the overall reputation of the industry. Consumers may become more skeptical, making it challenging for genuine premium brands to maintain their premium pricing and market share. Counterfeit products can also erode the trust in the authenticity and quality of premium bottled water, affecting market share and revenue growth for established players.

Premium Bottled Water Market Opportunities:

Product Diversification: Manufacturers can expand their existing product lines to include various types of premium bottled water, such as alkaline water, mineral water, or infused water. These variations can cater to different consumer preferences and increase market share.

Eco-Friendly Packaging: Embracing sustainable packaging options, such as glass bottles or recycled plastics, presents opportunity to attract environmentally-conscious consumers and justify premium pricing.

International Expansion: Entering emerging markets with rising consumer incomes and increasing awareness of health and wellness can unlock new revenue streams. Customizing products to suit regional preferences in terms of costing and bottle volumes can enhance market penetration.

Collaborations and Limited Editions: Partnering with luxury brands, sportspersons and athletes, or celebrities and genuinely-passionate influencers for co-branded or limited-edition premium bottled water can create exclusivity, boost brand image, and command premium prices.

Health and Wellness Messaging: Enhancing focus on health benefits, purity, and unique mineral profiles can resonate with health-conscious consumers and justify premium pricing. Marketing campaigns highlighting these aspects can attract a larger customer base.

Online Sales and Subscription Models: Leveraging e-commerce platforms and devising subscription models allows manufacturers to reach a wider audience and establish a recurring revenue stream. Providing convenience and customization are key factors that consumers seek to enjoy the feeling of privilege and can enhance customer loyalty and drive repeat business. Creating new revenue streams through strategic Initiatives can be done through sustainability and responsibility. Investing in eco-friendly initiatives, such as reducing plastic usage, using renewable energy, or supporting water conservation projects, not only aligns with consumer values, but can open up opportunities for eco-friendly certifications and partnerships, thus generating new revenue streams.

Digital Marketing and Engagement: Leveraging digital platforms and data analytics can improve customer engagement and provide valuable insights for personalized marketing and product development. This can lead to increased customer loyalty and new revenue streams through targeted offerings.

Premium Bottled Water Market Segmentation:

By Product Type:

  • Spring Water
  • Sparkling Water
  • Mineral Water
  • Black Water
  • Others

By Capacity:

  • Below 250ml
  • 250-500 ml
  • 500-750 ml
  • 750-1000 ml
  • Above 1000ml   

By Sales Channel:

  • Hypermarket/Supermarkets
  • Specialty Stores
  • Online Retailers
  • Others Sales Channel

Premium Bottled Water Market, By Region:

North America:

  • United States
  • Canada

Europe:

  • Germany
  • The U.K.
  • France
  • Spain
  • Italy
  • Russia
  • Poland
  • BENELUX
  • NORDIC
  • Rest of Europe

Asia Pacific:

  • China
  • Japan
  • India
  • South Korea
  • ASEAN
  • Australia & New Zealand
  • Rest of Asia Pacific

Latin America:

  • Brazil
  • Mexico
  • Argentina

Middle East & Africa:

  • Saudi Arabia
  • South Africa
  • United Arab Emirates
  • Israel

The United States holds the position of the largest market for premium bottled water as well as for largest revenue share compared to other country level markets in the global market. A key factor is the evolving trend of associating social standing and lifestyle choices with premium products, including bottled water, among numerous others. The robust premium products consumer base in the country indicates strong inclination toward health and wellness, often viewing premium bottled water as a symbol of a healthier and more sophisticated lifestyle.  

In Europe, the emphasis on health and wellness has been and continues to drive sales of premium bottled water in Europe. Consumers are increasingly opting for premium water brands, perceiving these as a healthier choices compared to tap water or standard bottled water. The demand for water with specific mineral profiles, alkaline pH levels, or unique attributes is on the rise, catering to those who prioritize health and well-being. 

Investing in China and India is a major opportunity for growth of players operating as well as those entering in the premium bottled water market due to the primary factor, which is both countries have substantially large consumer bases. Also, future sales can also be expected to increase due to the rapidly expanding populations. Consumer preferences are rapidly evolving due to the ongoing globalization trend, and both countries are experiencing rapid urbanization and expanding middle class consumer bases with increasing disposable incomes. As a result, companies can expect to leverage a vast consumer base seeking healthier and premium products, including bottled water. In recent years, both China and India have witnessed a notable increase in premium bottled water sales and revenue. Consumers in these markets are increasingly recognizing the value of premium water, owing to being perceived as safer, purer, and offering unique mineral profiles.

The outlook on premium bottled water sales in the Middle East and Africa is promising, driven by various factors, with a few major countries standing out in this market. The UAE's rapidly growing population, particularly in urban centers like Dubai and Abu Dhabi, has created a strong demand for premium bottled water. The country's affluent residents and expatriates are health-conscious and often prefer premium water brands. Opportunities lie in innovative packaging, unique water sourcing, and sustainability initiatives to cater to environmentally-conscious consumers.

A number of countries in Latin America can offer lucrative opportunities for premium bottled water companies due to a combination of factors, including rising consumer preference for trending products, changing climate and weather conditions, and improving economic conditions.

Leading Companies in Premium Bottled Water Market & Competitive Landscape: 

The competitive landscape in the global premium bottled water market is highly dynamic, characterized by the presence of both established players and emerging brands. Leading brands in this market account for significantly robust revenue share and enjoy international recognition. These brands often distinguish themselves through unique water sourcing, advanced purification processes, and environmentally responsible packaging, catering to consumers seeking purity and wellness. The companies also emphasize health benefits, taste, and environmental sustainability, which are major selling points.

FIJI Water emphasizes its source's remote location, which is naturally filtered and free from human pollution. It has a strong focus on environmental sustainability, using recycled PET bottles and supporting conservation efforts. FIJI Water stands as a global leader known for its pristine source and eco-friendly initiatives.

Evian promotes its French Alps source and mineral composition, positioning itself as a premium brand known for its natural purity. The company has embraced sustainability through initiatives to reduce its carbon footprint. Evian's long-standing reputation makes it a key player in the market.

Voss is recognized for its distinctive cylindrical glass bottles and its source in Norway. The brand leverages its artesian water positioning and minimalist packaging. Its commitment to sustainability has helped it maintain a strong presence in the premium bottled water landscape.

Perrier focuses on sparkling mineral water, offering a unique option within the premium water market. The brand has established itself as a symbol of elegance and sophistication and continues to innovate with flavored variations, maintaining its position as a market leader.

Known for its Italian heritage and effervescent mineral water, San Pellegrino targets the fine dining and gourmet markets. The brand's unique mineral content and culinary partnerships solidify its position as a premium choice for consumers who value taste and tradition.

Company List:

  • Premium Waters, Inc.
  • Roiwater
  • AQUA Carpatica 
  • Three bays
  • Beverly Hills Drink Company
  • Aur'a Gold Water UK
  • Souroti 
  • The Coca-Cola Company
  • Norda 
  • NEVAS 
  • Bling H2O

Recent Developments:

  • On 3 October 2023, Clear Premium Water, which is a renowned India bottled water firm, officially introduced its latest natural mineral water brand, 'NubyClear' (NU), into the Indian market. NU comprises natural mineral water sourced directly from the unspoiled Himalayan region and is presented in four distinct designs, with the aim of delivering the mountain's essence to consumers, as per the company's announcement. The initial launch of NU is slated for specific regions, encompassing Delhi/NCR, Mumbai, Gujarat, and Uttar Pradesh. In the subsequent phases, Clear Premium Water has intentions to extend the availability of NU across the entire nation. This strategic move to unveil the new product is in alignment with the shifting consumer preferences noticed in the post-COVID era, where individuals are increasingly embracing healthier lifestyle choices. This transformation in consumer behavior has led to a noticeable surge in expenditures within the health and wellness sector.
  • On 13 September 2023, it was announced that Gatorade, which is a brand owned by PepsiCo, will be introducing a new premium water product in the market in the first quarter of 2024. The product is to be put through a seven-step ‘enhanced filtration process’, and is designed for consumers looking for a full-day hydration option. The Gatorade Water is zero-calorie and contains sodium, and is the brand’s first-ever unflavored and unsweetened bottled water.

Research Scope

Report Metric

Report Details

Premium Bottled Water Market Size available for the years   

2022-2033

Base Year

2024

Forecast Period       

2025-2033

Compound Annual Growth Rate (CAGR)

6.9%

Segment covered 

By Product Type, Capacity, Sales Channel, and Region

Regions Covered

North America:  The U.S. & Canada

Latin America: Brazil, Mexico, Argentina, & Rest of Latin America

Asia Pacific: China, India, Japan, Australia & New Zealand, ASEAN, & Rest of Asia Pacific

Europe: Germany, The U.K., France, Spain, Italy, Russia, Poland, BENELUX, NORDIC, & Rest of Europe

The Middle East & Africa:  Saudi Arabia, United Arab Emirates, South Africa, Egypt, Israel, and Rest of MEA 

Fastest Growing Market in Europe

Germany

Largest Market

North America

Key Players

Premium Waters, Inc., Roiwater, AQUA Carpatica, Three Bays, Beverly Hills Drink Company, Aur'a Gold Water UK, Souroti, The Coca-Cola Company, Norda, NEVAS, Bling H2O, Others



Frequently Asked Question

What is the size of the global premium bottled market in 2024?

The global premium bottled market size reached US$ 37.8 billion in 2024.


At what CAGR will the global premium bottled market expand?

The global premium bottled market is expected to register a 6.9% CAGR through 2025-2033.


How big can the global premium bottled market be by 2033?

The market is estimated to reach US$ 68.9 billion by 2033.


How is the global premium bottled market report segmented?

The global premium bottled market report segmentation is based on product type, capacity, sales channel, and region.


Who are the key players in the global premium bottled market report?

Key players in the global premium bottled market report include Premium Waters, Inc., Roiwater, AQUA Carpatica, Three Bays, Beverly Hills Drink Company, Aur'a Gold Water UK, Souroti, The Coca-Cola Company, Norda, NEVAS, Bling H2O, among others.


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