The Iran war is rattling India's $5 billion packaged water market just ahead of the sweltering summer season. Rising oil prices have increased the cost of polymer, which is made from crude oil and is a key material for the industry's plastic bottles. Clean water is a privilege in the country of 1.4 billion people where researchers say 70% of the groundwater is contaminated, leaving people reliant on bottled water. Premium water faces heat tooWithin the broad bottled water market, natural mineral water is a $400 million business in India and a new, fast-growing wellness product for India's wealthy. The premium water segment accounted for 8% of the bottled water market last year in India, compared to just 1% in 2021, Euromonitor says.

Source: The Telegraph March 12, 2026 13:32 UTC