If you look at your bottled water, a whole lot of it has labels on it that say something like "comes from a municipal source". It's tap water sold at a 5000% markup.
Many years ago I knew someone who managed a bottled water plant. They didn’t use tap water, they had a very deep well pulling from an aquifer. They then filtered the heck out of it, and then added back in a very small, proprietary mix of minerals.
It also doesn't mean that it isn't way better than the local tap water in many, many places.
People don't buy bottled water that tastes bad, and it's pretty likely to taste worse than your local water if it's worse for you than your local water.
The processes often include extra filtration and cleaning methods that the individual corporate groups dictate.
I'm not trying to suggest that bottled water is some tremendous value compared to municipal water, but let's not pretend that the markup comes with nothing.