GCC Bottled Water Market Overview:
The GCC bottled water market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Bottled water refers to the purified drinking water that is packed in glass bottles and food-grade plastic bottles. It contains a combination of dissolved minerals and additional nutrients with an adequate total dissolved solids (TDS). It undergoes treatment through ultraviolet (UV) irradiation technology to eliminate pathogenic organism growth. At present, bottled water is available in still, carbonated, flavored, and mineral variants across the GCC region.
The growing geriatric population and increasing prevalence of chronic disorders, such as heart disease, diabetes, hypertension, and osteoporosis, on account of rising nutrient deficiencies, represent one of the key factors positively influencing the market in the GCC region. In line with this, the rising occurrences of gastronomical and digestive tract ailments due to the consumption of contaminated water are catalyzing the demand for bottled water. Additionally, the increasing disposable incomes and rising consumption of water on account of the climatic conditions of the region are propelling the market growth. Apart from this, the flourishing travel and tourism (T&T) sector and the rising usage of water bottles on account of their easy convenience during road trips are strengthening the market growth in the region. It can also be attributed to the easy availability of bottled water across various online and offline distribution channels. In addition, the escalating demand for naturally flavored water due to added nutrients, vitamins, minerals and flavors, which assist in boosting the taste and immune system, is offering lucrative growth opportunities to key market players operating in the region. Furthermore, the growing affordability of bottled water and the availability of water in glass, metal, and plastic bottles are creating a positive market outlook. Besides this, the growing inclination of people toward outdoor activities in the GCC region is expected to drive the growth of the market in the future.
Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC bottled water market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC bottled water market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC bottled water market in detail for latest trends, outlook and opportunities.
The report analyses the competitive structure of the GCC bottled water market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC bottled water market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC bottled water market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC bottled water market industry. Furthermore, the value chain analysis of the GCC bottled water market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.
GCC Bottled Water Market Segment Insights:
The GCC bottled water market has been analysed as followed:
By Product Type:
By Distribution Channel:
By Country:
Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.
Competative Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of the leading players operating in the market are:
Highlights of the GCC Bottled Water Market Report:
Report Customisation:
The GCC bottled water market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs
Personalize this research
Triangulate with your own data
Get data as per your format and definition
Gain a deeper dive on a specific application, geography, customer or competitor
Any level of personalization
US: +1-213-316-7435
Uk: +44-20-8040-3201
sales@syndicatedanalytics.com
+1-213-316-7435
us.sales@syndicatedanalytics.com
uk.sales@syndicatedanalytics.com
© Copyright Syndicated Analytics 2024.