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On August 18, it was announced that the leading bottled water company in China has now become the third most valuable non-alcoholic beverage brand globally, according to a recent analysis by a London-based brand valuation firm.
The company, renowned for its natural spring water, tea drinks, functional beverages, and juices, moved up one position in the annual Non-Alcoholic Drinks 50 rankings, overtaking Thai Red Bull, which now sits in fourth place.
The brand’s value increased nearly 34% year-over-year, reaching $11.1 billion. Coca-Cola remains the global leader with a brand value of $46.3 billion, followed by Pepsi at $22.6 billion.
This ranking evaluates data from 193 United Nations member countries and is widely recognized as a leading standard for soft drink brand valuation.
The latest report highlights the company as a key player in the Asian non-alcoholic beverage market. It scored 91.1 out of 100 on the Brand Strength Index, up from 87.6 last year. This index assesses marketing efforts, consumer loyalty, and profitability, assigning an overall rating. This year, the brand received the highest possible rating of AAA+.
Industry experts attribute the company’s consistently rising brand value over the past three years to its strategic focus on dual product lines—water and beverages—as well as its emphasis on health-focused branding. Significant investments in safeguarding premium water sources and promoting a natural, healthy image have helped establish a formidable competitive barrier.
The company manages 15 major water sources, with additional projects currently in development.
Shares listed in Hong Kong closed slightly lower today, down 0.6%, at HKD 46.40 (about USD 5.93), giving the company a valuation of HKD 521.8 billion (roughly USD 66.7 billion). Since the end of last year, the stock has increased by 37%.