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Premium Bottled Water Market Trends

Report ID: GMI6828
Published Date: Sep 2023
Report Format: PDF

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Premium Bottled Water Market Trends

This shift in consumer behavior is characterized by a heightened awareness of the importance of maintaining a healthy lifestyle. As part of this broader trend, individuals are becoming more discerning about the quality of the products they consume, including their choice of beverages. In the context of the premium bottled water market, this emphasis on health and wellness has driven consumers to seek cleaner and more sophisticated hydration options.

Cleaner hydration options refer to water products that are perceived as being of higher purity and quality. Consumers are increasingly concerned about contaminants, such as impurities or pollutants, in their drinking water. They are looking for premium bottled waters that offer filtration or purification processes to ensure that the water they consume is free from these contaminants.

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

The market size of premium bottled water was worth USD 36.3 billion in 2023 and is set to witness 6.8% CAGR from 2024 to 2032, attributed to the changing consumer preferences and evolving lifestyle trends.

The spring water segment generated USD 9.1 billion in 2022, driven by the increased awareness of health and wellness among consumers.

Asia Pacific market accounted for sizable share in 2022 and is set to expand considerably through 2032, owing to the increasing consumer awareness of the health benefits of drinking water.

Some of the major premium bottled providers are Acqua Panna, Voss Water, Danone, Nestlé, Coca-Cola, PepsiCo, FIJI Water, Perrier, San Pellegrino, Gerolsteiner Brunnen, Tata Global Beverages, and Evian.