GCC Bottled Water Market Analysis and Forecast Report 2022: A $13.31 Bn Market by 2027 - Growing R&D Activities Aimed Towards Producing Bottled Water with Innovative Flavours - ResearchAndMarkets.com
The "GCC Bottled Water Market Report and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
GCC Bottled Water Market attained a value of about USD 9660.3 million in 2022. The market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 6.6% during the forecast period of 2022-2027 to reach nearly USD 13,315 million by 2027.
Bottled water is defined as carbonated water sealed in a bottle which comes with purity certification. Pathogenic organisms and potential pathogenic parasites, such as Giardia and Cryptosporidium, are removed from the bottled water in order to increase safety of the consumers.
However, at times, bottled water has microbial content unless it has been exposed to UV radiation before packaging. The naturally occurring bacteria of environment origin are present in the bottled water, the numbers of which may vary depending upon packaging. The growing demand for clean drinking water, made in extremely hygienic environment, is driving the market growth.
Water scarcity has been a strategic challenge in GCC, which has been hampering the economic growth and urban development. In this regard, the increasing efforts by the governments in the respective GCC countries to provide clean and sanitised drinking water by maximising the output of water management, is driving the market growth.
Meanwhile, the thriving travel and tourism sector in the region, which is leading to an increased footfall in hotels, restaurants, and other food service channels, is propelling the demand for bottled water.
Over the forecast period, the rising stock piling and bulk buying of bottled water in various sectors such as BFSI, and healthcare, among others, are likely to cater to the market growth. Moreover, the rapid investments in the urban development projects in Dubai and Saudi Arabia are anticipated to lead to escalated development of convenience stores, and supermarkets.
This factor is likely to provide impetus to the bottled water market in the region. Furthermore, the growing R&D activities aimed towards producing bottled water with innovative flavours are likely to boost the popularity and spearhead the growth of the market in the coming years.
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the industry.
Some of the major players in the market explored in the report are:
- Agthia Group PJSC
- Hana Food Industries Company
- Dubai Crystal Mineral Water & Refreshments L.L.C
- Masafi Co. LLC
- Emirates Refreshments PJSC
- Health Water Bottling Co. Ltd. (Nova Water)
Key Topics Covered:
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 GCC
7 Industry Opportunities and Challenges
8 Global Bottled Water Market Overview
8.1 Key Industry Highlights
8.2 Global Bottled Water Historical Market (2017-2021)
8.3 Global Bottled Water Market Forecast (2022-2027)
8.4 Global Bottled Water Market by Region
8.4.1 Market Share
8.4.1.1 North America
8.4.1.2 Europe
8.4.1.3 Asia Pacific
8.4.1.4 Latin America
8.4.1.5 Middle East and Africa
9 GCC Bottled Water Market Analysis
9.1 Key Industry Highlights
9.2 GCC Bottled Water Historical Market (2017-2021)
9.3 GCC Bottled Water Market Forecast (2022-2027)
9.4 GCC Bottled Water Market by Type
9.4.1 Still Water
9.4.2 Carbonated Water
9.4.3 Flavoured Water
9.4.4 Mineral Water
9.5 GCC Bottled Water Market by Packaging Material
9.5.1 Plastic
9.5.2 Glass
9.6 GCC Bottled Water Market by Distribution Channels
9.6.1 Supermarkets and Hypermarkets
9.6.2 Convenience Stores
9.6.3 Home and Office Delivery
9.6.4 On-trade
9.6.5 Others
9.7 GCC Bottled Water Market by Country
9.7.1 Market Share
9.7.1.1 Saudi Arabia
9.7.1.2 United Arab Emirates
9.7.1.3 Kuwait
9.7.1.4 Others
10 Regional Analysis
10.1 Saudi Arabia
10.1.1 Historical Trend (2017-2021)
10.1.2 Forecast Trend (2022-2027)
10.2 United Arab Emirates
10.3 Kuwait
11 Market Dynamics
11.1 SWOT Analysis
11.2 Porter's Five Forces Analysis
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/uv6tx2
View source version on businesswire.com: https://www.businesswire.com/news/home/20220607006188/en/