Premium bottled water is usually water drawn from an underground water spring that meets the quality requirements of traditional packaged water without any processing. Packaged water available on the market undergoes a variety of procedures, such as ozone treatment or reverse osmosis, which was commonly used for human consumption.
MARKET DYNAMICS
The global premium bottled water market is witnessing a notable growth rate and is expected to continue to do during the forecast period. The growth of the market can be attributed to rapid urbanization and modernization in emerging economies is stimulating business growth. The increase in tourism and awareness among consumers is expected to increase the growth of the industry. For instance, hotels and restaurants, are rapidly deploying quality bottled water to prevent pollution issues and to maintain customer hygiene which will further propel the market growth. Consumers prefer flavored bottled water due to its low-calorie content as it hydrates and also has some health benefits. As a result, the increasing change from carbonated to non-carbonated beverages is expected to increase the market growth. However, the high cost of premium bottled water is hampering the market growth.
MARKET SCOPE
The "Global Premium bottled water Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the premium bottled water market with detailed market segmentation by product type, distribution channel, and geography. The global premium bottled water market is expected to witness notable growth during the forecast period. The report provides key statistics on the market status of the leading premium bottled water market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global premium bottled water market is segmented on the basis of product type, and distribution channel. Based on product type, the global premium bottled water market is segmented into flavored and unflavored. Based on distribution channel, the market is bifurcated into supermarkets and hypermarkets, convenience stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global premium bottled water market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The premium bottled water market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the premium bottled water market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the premium bottled water market in these regions.
MARKET PLAYERS
The reports cover key developments in the premium bottled water market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Premium bottled water market are anticipated to lucrative growth opportunities in the future with the rising demand for Premium bottled water in the global market. Below mentioned is the list of few companies engaged in the Premium bottled water market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the Premium bottled water market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Danone
- GEROLSTEINER BRUNNEN
- Nestle
- The Coca-Cola Company
- Tibet Water Resources
- Bling H2O
- PepsiCo
- FIJI Water
- Iluliaq
- Perrier Vittel Group SA (Perrier)
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.