The GCC bottled water market size reached US$ 23.8 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 46.3 Billion by 2032, exhibiting a growth rate (CAGR) of 7.7% during 2023-2032. The harsh climatic conditions in the region, escalating concerns about tap water quality, and the increasing health consciousness and awareness among consumers regarding the health hazards associated with consuming carbonated drinks represent some of the key factors driving the market.
Moreover, bottled water undergoes special treatments, such as distillation and ozonation, to ensure that the water is free from impurities. It is rigorously tested for various chemicals and bacteria, resulting in a lower risk of being contaminated with disease-causing germs compared to tap water. This ensures the safety and quality of bottled water. In addition to its safety, bottled water also offers a distinct taste and more consistent quality. The filtration and treatment processes used in bottling water can result in a crisper and cleaner taste compared to tap water, which may contain minerals or other flavor-altering substances.
Competitive analysis such as market structure, market growth, new entrants, competitive dashboard, and product differentiation has been covered in the report. Also, detailed profiles of all major companies have been provided. The market structure is concentrated with several small and large players operating in the industry due to low capital investments. The volume of new entrants is high in the bottled water industry due to the easy access to distribution networks and the minimization of threats due to product differentiation.
States and cities have taken proactive measures to ensure continued access to clean water for drinking and handwashing during the COVID-19 pandemic. Bottled water companies in the GCC are increasing their bottling capacity, acquiring extra packaging and materials, working closely with retailers to determine demand, and hiring additional drivers and bottling plant workers to keep pace with the ever-increasing demand for bottled water.
However, there have been some shortages in the availability of raw materials for manufacturing bottled water due to restrictions on personnel transportation and travel. One of the most significant shifts resulting from the COVID-19 outbreak is that more consumers are trying out online grocery purchasing, and it is expected that many consumers will continue to use this method in the future. As a result, there has been a massive uptick in online grocery purchases of clean and mineral-rich naturally alkaline water as consumers prioritize the convenience and safety of having bottled water delivered to their doorsteps.
2. What is the expected growth rate of the GCC bottled water market during 2024-2032?
3. What are the key factors driving the GCC bottled water market?
4. What has been the impact of COVID-19 on the GCC bottled water market?
5. What is the breakup of the GCC bottled water market based on the product type?
6. What is the breakup of the GCC bottled water market based on the distribution channel?
7. What are the key regions in the GCC bottled water market?
8. Who are the key players/companies in the GCC bottled water market?
The Rising Awareness About the Convenience and Hygiene of Bottled Water Augmenting the Market Growth
The bottled water market in the GCC has been experiencing continuous growth. Product convenience and hygiene currently represent one of the primary drivers resulting in the increasing sales of bottled water. Bottled water is incredibly convenient for transportation, carrying, and storage, especially in areas where drinkable water is scarce or unavailable altogether. This represents one of the major benefits of bottled water, as it can be easily purchased, making it a reliable source of hydration on the go.Moreover, bottled water undergoes special treatments, such as distillation and ozonation, to ensure that the water is free from impurities. It is rigorously tested for various chemicals and bacteria, resulting in a lower risk of being contaminated with disease-causing germs compared to tap water. This ensures the safety and quality of bottled water. In addition to its safety, bottled water also offers a distinct taste and more consistent quality. The filtration and treatment processes used in bottling water can result in a crisper and cleaner taste compared to tap water, which may contain minerals or other flavor-altering substances.
Competitive analysis such as market structure, market growth, new entrants, competitive dashboard, and product differentiation has been covered in the report. Also, detailed profiles of all major companies have been provided. The market structure is concentrated with several small and large players operating in the industry due to low capital investments. The volume of new entrants is high in the bottled water industry due to the easy access to distribution networks and the minimization of threats due to product differentiation.
- What is Bottled Water?
COVID-19 Impact:
The outbreak of the COVID-19 pandemic has posed a severe risk to the growth of the beverage industry as countries and companies continue to grapple with unprecedented challenges. Manufacturers and retailers are facing issues with production being halted, which has resulted in depleted stockpiles that are difficult to replenish. However, the easy availability of pure potable water has become even more imperative during a global pandemic like COVID-19, as adequate daily intake of pure water is critical in maintaining healthy immunity levels.States and cities have taken proactive measures to ensure continued access to clean water for drinking and handwashing during the COVID-19 pandemic. Bottled water companies in the GCC are increasing their bottling capacity, acquiring extra packaging and materials, working closely with retailers to determine demand, and hiring additional drivers and bottling plant workers to keep pace with the ever-increasing demand for bottled water.
However, there have been some shortages in the availability of raw materials for manufacturing bottled water due to restrictions on personnel transportation and travel. One of the most significant shifts resulting from the COVID-19 outbreak is that more consumers are trying out online grocery purchasing, and it is expected that many consumers will continue to use this method in the future. As a result, there has been a massive uptick in online grocery purchases of clean and mineral-rich naturally alkaline water as consumers prioritize the convenience and safety of having bottled water delivered to their doorsteps.
GCC Bottled Water Market Trends:
In the GCC countries, the bottled water market has witnessed significant growth due to the harsh climatic conditions, along with concerns about tap water quality. The increasing health consciousness and awareness among consumers regarding the health hazards associated with consuming carbonated drinks is acting as another growth-inducing factor. Additionally, the expanding expatriate community and the growing number of tourists and pilgrims have contributed to the increase in sales of bottled water, further driving the market growth. In line with this, key international companies are forming alliances with regional firms to expand their consumer base. They are also introducing user-friendly packaging and adopting aggressive marketing techniques, which, in turn, is creating a positive outlook for the market.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the GCC bottled water market report, along with forecasts at the regional and country level from 2024-2032. The report has categorized the market based on product type and distribution channel.Product Type Insights:
- Still Bottled Water
- Carbonated Bottled Water
- Flavored Bottled Water
- Mineral Bottled Water
Distribution Channel Insights:
- Supermarkets/Hypermarkets
- Retailers
- Stores
- On-Trade
- Others
Regional Insights:
- Saudi Arabia
- United Arab Emirates
- Oman
- Qatar
- Kuwait
- Bahrain
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global paper cups market. Some of the companies covered in the report include:
- Al Ain Water
- Al Jomaih Bottling Plants
- Alsafi Drinking Water Purification LLC
- Hana Food Industries Company
- Masafi Park
- Oasis Water Company SAOC (The Zubair Corporation)
Key Questions Answered in This Report
1. What was the size of the GCC bottled water market in 2023?2. What is the expected growth rate of the GCC bottled water market during 2024-2032?
3. What are the key factors driving the GCC bottled water market?
4. What has been the impact of COVID-19 on the GCC bottled water market?
5. What is the breakup of the GCC bottled water market based on the product type?
6. What is the breakup of the GCC bottled water market based on the distribution channel?
7. What are the key regions in the GCC bottled water market?
8. Who are the key players/companies in the GCC bottled water market?
Table of Contents
1 Preface3 Executive Summary15 Bottled Water Manufacturing Plant: Loans and Financial Assistance
2 Scope and Methodology
4 Introduction
5 Global Bottled Water Industry
6 GCC Region Bottled Water Industry
7 Market Breakup by Product Type
8 Market Breakup by Distribution Channel
9 Competitive Landscape
10 Saudi Arabia Bottled Water Industry
11 UAE Bottled Water Industry
12 Other Markets in the GCC Region
13 Bottled Water Manufacturing Process
14 Project Details, Requirements and Costs Involved
16 Project Economics
17 Key Player Profiles
List of Figures
List of Tables
Companies Mentioned
- Al Ain Water
- Al Jomaih Bottling Plants
- Al Kawther Water Treatment W.L.L.
- Alsafi Drinking Water Purification LLC
- Hana Food Industries Company
- Masafi Park and Oasis Water Company SAOC (The Zubair Corporation)
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 138 |
Published | March 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 23.8 Billion |
Forecasted Market Value ( USD | $ 46.3 Billion |
Compound Annual Growth Rate | 7.7% |
Regions Covered | Middle East |
No. of Companies Mentioned | 6 |