Contact Us

8 Liquid Death Statistics (2024):
Revenue, Sales, Market Share, Stores

TapTwice Digital Author Image

Written by the TapTwice Digital Team

8 Liquid Death Statistics for 2024: Revenue, Sales, Market Share - blog post image

Liquid Death is a canned water brand that sells a variety of non-alcoholic beverages, including iced tea, juice-spiked teas and most famously sparkling water.


Founded in 2019 by Mike Cessario, the canned water brand has seen meteoric growth over the past few years.


Just five years after its launch, Liquid Death is valued at 1.4 billion dollars.


Here's a quick breakdown of what we'll cover:

Liquid Death Stats (Highlights)

  • Liquid Death generated $263 million in revenue in 2023.
  • Liquid Death is sold in over 133 thousand stores worldwide.
  • Liquid Death raised $67.6 million in their last funding round.
  • Liquid Death only spent $1500 on their first marketing video.

Liquid Death revenue

In 2023, Liquid Death generated $263 million in revenue. A 139% increase compared to the year before.


Liquid Death's revenue has increased 86x since their first year in 2019.

Liquid Death revenue - chart

Liquid Death generated $3 million in their first year of business.


Here's a table with Liquid Death's revenue growth since 2019:

YearRevenue
2019 3 million
2020 10 million
2021 45 million
2022 110 million
2023 263 million

Liquid Death number of stores

As of 2024, Liquid Death is sold in over 133,000 stores worldwide. An increase of 43,000 stores when compared to the year before.

Liquid Death number of stores sold in - chart

Liquid Death is sold in an additional 117,000 stores compared to 2021. That represents a 731% growth of stores between 2021 and 2024.


Here's a table charting the increase in Liquid Death's stores since 2019:

YearNumber of Stores
2019 0
2020 200
2021 16,000
2022 60,000
2023 90,000
2024 133,000

Liquid Death demographics

Over 16% of Americans have tried a Liquid Death beverage. Gen Z makes up the biggest group of consumers at 42%.

16% of Americans have tried a Liquid Death beverage.

The second biggest consumers of Liquid Death are Millenials at 38%, followed by adults aged 35+ at 7%.

42% of Liquid Death Consumers are Gen Z Adults.

Here's a table showing the top consumers of Liquid Death by age demographic:

Age GroupTop Consumers
Gen Z Adults 42%
Younger Millennials 38%
Adults Aged 35+ 7%

Liquid Death marketing ad spend

Liquid Death famously created their first commerical before even having the cans or product created.


Their first video only cost them $1500 to make, but gained over 3 million views within the first 4 months. The video proved instrumental in their early success.

Liquid Death’s first commercial only cost them 1500, but brought in 3 million views.

Liquid Death later created a vinyl record from hate comments on the internet, which was also a success, generating significant engagement and sales.


One of their biggest marketing stunts to date involved auctioning ad space on over 500,000 cases of Liquid Death in February 2024. Coinbase won the bid for $500,114.

Viral Marketing StuntsAd Spend
First Commercial $1,500
Vinyl Record $12,000
"Biggest Ad Ever" $500,114 (coinbase funded)

Liquid Death market share

Liquid Death claims 1% of the sparkling water market share, and 0.2% of the still water market share.

Liquid Death claims 1% of the sparkling water market share - chart

Here's a table of Liquid Deaths market share:

Market TypeMarket Share
Still Water 0.2%
Sparkling Water 1%

Liquid Death search volume

Liquid Death's search volume has grown 62% since 2020. Liquid Death's search volume reached a peak of 100% on February 13, 2022.

Liquid Death search volume - chart

Liquid Death's search volume currently sits at 72%, an increase of 60% from 2020.


Here's a table charting Liquid Death's search volume in 6 month increments, while including any relative peaks.

DateSearch Volume
Jun 9, 2019 8
Dec 29, 2019 7
Jun 14, 2020 12
Dec 6, 2020 29
Dec 27, 2020 15
Mar 28, 2021 29
Jun 20, 2021 24
Jul 25, 2021 31
Aug 1, 2021 43
Aug 22, 2021 60
Dec 26, 2021 29
Feb 13, 2022 100
Jun 19, 2022 54
Jul 31, 2022 74
Oct 2, 2022 88
Dec 25, 2022 35
Feb 26, 2023 77
Apr 16, 2023 77
Jun 18, 2023 63
Jul 23, 2023 75
Dec 24, 2023 38
Mar 24, 2024 90
Jun 9, 2024 72

Source:

Google

Liquid Death funding and valuation

Liquid Death secured $67.6 million in its most recent funding round, a Series D event that took place on March 11, 2024, setting the company's valuation at $1.4 billion.


To date, Liquid Death has accumulated $264 million in funding across 10 rounds.

Liquid Death investor funding - chart

In the last 3 funding rounds alone, Liquid Death raised $212.6 million.


Notable investors of Liquid Death include: DeAndre Hopkins, Josh Brolin, Jamie Siminoff and Blake Mycoskie.


Here's a table charting Liquid Death's funding over the years:

Date of FundingFunding Amount
Jan 1, 2019 $2M
Aug 9, 2019 $7.22M
Feb 20, 2020 $9M
Sep 29, 2020 $23M
May 4, 2021 $10M
Jan 4, 2022 $75M
Oct 3, 2022 $70M
Mar 11, 2024 $67.6M

How many people work at Liquid Death?

Liquid Death has 306 employees worldwide, with 289 located in the United States.


An additional 15 are located in Europe, 1 in Oceania, and 1 in Asia.

LocationEmployees
North America 289
Europe 15
Oceania 1
Asia 1

Source:

Lead IQ

Conclusion

You've reach the end of my roundup of Liquid Death stats for 2024.


Just a few years after launching, the canned water brand has successfully carved out a niche in the beverage market with its unique branding and marketing strategies.


As Liquid Death continues to grow, it will be interesting to see how it evolves and influences the market in the coming years.

Share on XShare on FacebookCopy Link

TapTwice Digital

Custom Software Projects

Contact

Custom software projects including: Web Design, Mobile Apps, Custom AI Projects, Ecommerce and everything in-between.