Premium Bottled Water Market to Reach USD 56.01 Billion by 2030, Driven by Health Consciousness and Lifestyle Trends
The global Premium Bottled Water Market is poised for significant growth, projected to expand from USD 19.23 billion in 2023 to USD 31.8 billion by 2030, reflecting a CAGR of 6.72% during the forecast period . This surge is attributed to increasing health awareness, rising disposable incomes, and a growing preference for luxury and wellness-oriented products.
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Premium Bottled Water Market Scope:
The research report conducts an in-depth analysis of trending competitors, their market growth, and dynamic patterns. It offers valuable insights into the regional and global market values and demands, aiding in a thorough understanding of the competitive landscape and market potential in terms of production, demand, and supply. The segmentation analysis encompasses crucial factors such as psychographic, demographic, geographic, and behavioral segmentation, which play a pivotal role in shaping marketing strategies, targeted products, offers, and customer experiences. Porter's analysis is employed to assess an organization's competitive strength and enhance profitability. Additionally, Pestle analysis is conducted to validate existing products and services in the current context. The SWOT analysis provides a comprehensive evaluation of internal and external factors that influence a company's advantages, disadvantages, strengths, and weaknesses. In conclusion, this report offers a comprehensive and informative overview of the Premium Bottled Water market.
Premium Bottled Water Market Segmentation:
by Product
Spring Water
Sparkling Water
Mineral Water
Flavored Water
By Product Type: The market for premium bottled water is divided into a number of divisions, each of which serves a distinct set of consumer demands. Natural springs provide spring water, which is prized for its minerals and purity. Because of its carbonation, sparkling water is a cool substitute for sugary beverages. Derived from mineral springs, mineral water is touted for its health advantages and contains naturally occurring minerals. With natural or artificial flavourings added, flavoured water offers a range of taste alternatives without the added sugar or calories of soft drinks.
by Distribution Channel
Hypermarkets & Supermarkets
Specialty Stores
Online
Others
by Packaging
Plastic Bottles
Glass Bottles
Aluminium Cans
By Packaging: Aluminium cans, glass bottles, and plastic bottles are among the packaging alternatives that can be used to analyse premium bottled water. Despite environmental concerns, plastic bottles are widely used because they are inexpensive and convenient. In addition to being recyclable and not releasing chemicals, glass bottles are seen as opulent and provide an aesthetically pleasing packaging option. Cans made of aluminium are becoming more and more popular since they are lightweight, recyclable, and preserve oxygen and light.
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Key Competitors:
North America:
1. Nestle Waters (Switzerland)
2. PepsiCo (United States)
3. Coca-Cola (United States)
4. Niagara Bottling (United States)
5. Icelandic Glacial (Iceland)
6. Fiji Water (United States)
7. Bonafont (Mexico)
8. Ciel (Mexico)
Europe:
9. Danone (France)
10. San Benedetto (Italy)
11. Ferrarelle (Italy)
12. Gerolsteiner (Germany)
13. Vittel (France)
14. Evian (France)
15. Perrier (France)
Asia Pacific:
16. China Resources Beverage (China)
17. Nongfu Spring (China)
18. Tingyi Holdings (China)
19. Asahi Group Holdings (Japan)
20. Ito En (Japan)
21. Suntory Beverage & Food (Japan)
22. Lotte Chilsung Beverage (South Korea)
Middle East and Africa:
23. Sidi Ali (Morocco)
24. Aqua Saurce (Tanzania)
25. Blue Nile (Ethiopia)
26. Aqua Congo (Democratic Republic of Congo)
27. Tanica (Tanzania)
South America:
28. Agua de Piedra (Argentina)
29. Patagonia Bioenergia (Argentina)
30. Santa Maria (Chile)
31. Levissima (Brazil)
Regional Analysis:
The report provides formal, functional, and vernacular regional analysis, identifying the most impactful business areas based on high demand in various regions, including Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. This analysis offers valuable insights into distinct targets, strategies, and market values for each region.
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Key Questions Addressed in the Premium Bottled Water Market Report:
What defines the Premium Bottled Water Market?
What is the forecast period for the Premium Bottled Water Market?
How does the competitive scenario look in the Premium Bottled Water market?
Which region holds the largest market share in the Premium Bottled Water Market?
What opportunities are available in the Premium Bottled Water Market?
What factors influence the growth of the Premium Bottled Water market?
Who are the key players in the Premium Bottled Water market?
Which company holds the largest share in the Premium Bottled Water market?
What will be the CAGR of the Premium Bottled Water market during the forecast period?
What key trends are expected to emerge in the Premium Bottled Water market in the upcoming years?
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