The ‘Saudi Arabia Bottled Water Market Size, Share, Analysis, Report and Forecast 2023-2028″, by Expert Market Research gives an extensive outlook of the Saudi Arabia bottled water market, assessing the market on the basis of its segments like types, packaging size and distribution channel.
Saudi Arabia Bottled Water Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
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The key highlights of the report include:
Market Overview (2023-2028)
• Historical Market Size (2021): USD 2.5 Billion
• Forecast CAGR (2023-2028): 6.70%
• Forecast Market Size (2028): USD 3.66 Billion
The inclining demand for bottled water in commercial spaces such as offices, schools, and universities, among others, is driving market growth in Saudi Arabia. In the aftermath of the COVID-19 pandemic, which is positively impacting the market, several leading companies are increasingly offering hassle-free bottled water purchases and free home delivery.
Furthermore, with the country’s robust growth in the travel and tourism sector, demand for single-use bottled water is skyrocketing. The fast expansion of convenience stores and supermarkets in the country is raising the availability of innovative bottled water, which is supposed to boost the Saudi Arabia bottled water market market in the coming years.
Saudi Arabia Bottled Water Industry Definition and Major Segments
The market, based on type, can be segregated
• Still water
• Sparkling water.
Based on packaging size, the market can be classified into
• ≤330 ml
• 331 – 500 ml
• 501 ml – 1000 ml
• 1001 ml – 2000 ml
• 2001 – 5000 ml
• ≥ 5001 ml.
The distribution channels for bottled water in Saudi Arabia include
• Retail channels
• Food service
• Home and office delivery.
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Saudi Arabia Bottled Water Market Trends
Nestlé SA (OTCMKTS: NSRGY) and Pure Beverage Industry Company are two of the leading companies in the Saudi bottled water market. In January 2022, the latter announced the launch of Ival, a high-quality bottled drinking water sourced from Saudi underground water wells.
The bottled water has elegant packaging with modern colours and is manufactured in accordance with the highest global specifications and standards. To meet the changing requirements of the Saudi Arabia market, the company also provided the most recent quality assurance control procedures for all of its products.
Moreover, the product would be available in 50 distribution centres and would provide delivery services throughout the country. With the launch, the company hopes to become a pioneer in Saudi Arabia’s healthy bottled water industry.
Key Market Players
The major players in the Saudi Arabia bottled water market are:
- Nestlé SA
- Agthia Group PJSC
- Health Water Bottling Co. Ltd. (Nova Water)
- Maeen Water
- Hana Water Company
- Others
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
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