The global Premium Bottled Water market size is expected to be worth around US$ 27.60 billion by 2030, according to a new report by Vision Research Reports.
The global Premium Bottled Water market size was valued at US$ 21.40 billion in 2020 and is anticipated to grow at a CAGR of 15.8% during forecast period 2021 to 2030.
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Growth Factors
Growing consumer awareness regarding the health benefits of consuming premium bottled water containing minerals and pure elements are projected to drive market growth over the forecast period. Most Americans prefer bottled drinking water as they find it to be a safer and more convenient option than tap water. Moreover, the rising need for eco-friendly packaging of premium bottled water is offering lucrative growth opportunities for existing manufacturers and new entrants in the market.
Moreover, companies target selected groups of consumers and channels, such as 5-star hotels & resorts and clubs as the product price is slightly higher than regular . A rise in the number of 5-star hotels, resorts, spas, and clubs is likely to augment the product demand. For instance, LXR Luxury Resorts offer Icelandic Glacial premium bottled water to its customers. Furthermore, many companies have been launching new packaging consisting of new designs, logos, crystals, and more to give it a more personalized experience and thus, increase sales.
Report Highlights
Europe held the largest revenue share of over 59% in 2020 and will expand further at a steady CAGR from 2021 to 2030. Increasing awareness about health and wellness among consumers in countries including Germany, France, Spain, and Italy is one of the major factors driving the market growth in Europe. Health concerns play a crucial role in making premium bottled water the most popular drink among all drinks. As a result, the rising use of bottled beverages is expected to drive regional market growth over the forecast period.
The product consumption in Europe is based on the need for pollution-free water. Fortified water, i.e., the one containing vitamins and minerals is also gaining popularity in the region. Moreover, the trade association European Federation of Bottled Water (EFBW) supports the benefits of spring and natural mineral water, and other premium bottled waters. Amongst the several European countries, Germany is expected to be the largest market driving the regional market growth.
Report Coverage | Details |
Market Size | US$ 27.60 billion by 2030 |
Growth Rate | CAGR of 15.8% From 2021 to 2030 |
Base Year | 2020 |
Forecast Year | 2021 to 2030 |
Segments Covered | Region |
Companies Mentioned | Bling Water; ROI; Beverly Hills 9OH2O; NEVAS; Lofoten; MINUS181; Alpine Glacier Water, Inc.; BLVD; Berg Water; Uisge Source, VEEN |
Key Players
Market Segmentation
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Premium Bottled Water Market, By Region
7.1. Premium Bottled Water Market, by Region, 2020-2030
7.1.1. North America
7.1.1.1. Market Revenue and Forecast (2016-2030)
7.1.2. Europe
7.1.2.1. Market Revenue and Forecast (2016-2030)
7.1.3. Asia Pacific
7.1.3.1. Market Revenue and Forecast (2016-2030)
7.1.4. Central & South America
7.1.4.1. Market Revenue and Forecast (2016-2030)
7.1.5. Middle East & Africa (MEA)
7.1.5.1. Market Revenue and Forecast (2016-2030)
Chapter 8. Global Premium Bottled Water Market, Regional Estimates and Trend Forecast
8.1. North America
8.1.1. Market Revenue and Forecast, by Region (2016-2030)
8.1.2. U.S.
8.1.3. Rest of North America
8.1.3.1. Market Revenue and Forecast, by Region (2016-2030)
8.2. Europe
8.2.1. Market Revenue and Forecast, by Region (2016-2030)
8.2.2. UK
8.2.2.1. Market Revenue and Forecast, by Region (2016-2030)
8.2.3. France
8.2.3.1. Market Revenue and Forecast, by Region (2016-2030)
8.2.4. Rest of Europe
8.2.4.1. Market Revenue and Forecast, by Region (2016-2030)
8.3. APAC
8.3.1. Market Revenue and Forecast, by Region (2016-2030)
8.3.2. India
8.3.2.1. Market Revenue and Forecast, by Region (2016-2030)
8.3.3. China
8.3.3.1. Market Revenue and Forecast, by Region (2016-2030)
8.3.4. Japan
8.3.4.1. Market Revenue and Forecast, by Region (2016-2030)
8.3.5. Rest of APAC
8.3.5.1. Market Revenue and Forecast, by Region (2016-2030)
8.4. MEA
8.4.1. Market Revenue and Forecast, by Region (2016-2030)
8.4.2. GCC
8.4.2.1. Market Revenue and Forecast, by Region (2016-2030)
8.4.3. North Africa
8.4.3.1. Market Revenue and Forecast, by Region (2016-2030)
8.4.4. South Africa
8.4.4.1. Market Revenue and Forecast, by Region (2016-2030)
8.4.5. Rest of MEA
8.4.5.1. Market Revenue and Forecast, by Region (2016-2030)
8.5. Latin America
8.5.1. Market Revenue and Forecast, by Region (2016-2030)
8.5.2. Brazil
8.5.2.1. Market Revenue and Forecast, by Region (2016-2030)
8.5.3. Rest of LATAM
8.5.3.1. Market Revenue and Forecast, by Region (2016-2030)
Chapter 9. Company Profiles
9.1. Bling Water
9.1.1. Company Overview
9.1.2. Product Offerings
9.1.3. Financial Performance
9.1.4. Recent Initiatives
9.2. ROI
9.2.1. Company Overview
9.2.2. Product Offerings
9.2.3. Financial Performance
9.2.4. Recent Initiatives
9.3. Beverly Hills 9OH2O
9.3.1. Company Overview
9.3.2. Product Offerings
9.3.3. Financial Performance
9.3.4. Recent Initiatives
9.4. NEVAS
9.4.1. Company Overview
9.4.2. Product Offerings
9.4.3. Financial Performance
9.4.4. Recent Initiatives
9.5. Lofoten
9.5.1. Company Overview
9.5.2. Product Offerings
9.5.3. Financial Performance
9.5.4. Recent Initiatives
9.6. MINUS181
9.6.1. Company Overview
9.6.2. Product Offerings
9.6.3. Financial Performance
9.6.4. Recent Initiatives
9.7. Alpine Glacier Water, Inc.
9.7.1. Company Overview
9.7.2. Product Offerings
9.7.3. Financial Performance
9.7.4. Recent Initiatives
9.8. BLVD
9.8.1. Company Overview
9.8.2. Product Offerings
9.8.3. Financial Performance
9.8.4. Recent Initiatives
9.9. Berg Water
9.9.1. Company Overview
9.9.2. Product Offerings
9.9.3. Financial Performance
9.9.4. Recent Initiatives
9.10. Uisge Source
9.10.1. Company Overview
9.10.2. Product Offerings
9.10.3. Financial Performance
9.10.4. Recent Initiatives
9.11. VEEN
9.11.1. Company Overview
9.11.2. Product Offerings
9.11.3. Financial Performance
9.11.4. Recent Initiatives
Chapter 10. Research Methodology
10.1. Primary Research
10.2. Secondary Research
10.3. Assumptions
Chapter 11. Appendix
11.1. About Us
11.2. Glossary of Terms
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