Capacitors have a voltage rating. This is supposed to be the maximum voltage that can be applied across them that can be sustained by its dielectric. Applying higher voltage than this could cause permanent damage to the capacitor. For Class II ceramic capacitors for which the capacitance changes as a function of the DC and AC applied voltage, the voltage rating also helps to determine how much of the total capacitance will be left when DC/AC voltage is applied across the capacitor since the closer we go to the voltage rating the more % of capacitance we keep loosing.
The basic question is, why not make all capacitors upto a very high voltage rating e.g 100V or 1000V? This just means that the part is robust and suitable for use in a wide variety of applications? I am puzzled to see so many different values for the voltage rating. I thought that just choosign a small number of values to design against, it will become simpler to buy capacitors.