The UAE Bottled Water Market is projected to grow at a CAGR of 6% in the forecast period of 2022-27, cites MarkNtel Advisors in their recent research report. The market is driven by the exponentially rising population & expanding tourism in the UAE, boosting water consumption in the country and exemplifying a peaking demand for bottled water.
Besides, health consciousness and concerns about water purity are also hinting toward a shift in consumer preference to bottled water and generating lucrative opportunities for the leading players to increase their production & distribution capacities and meet the burgeoning water requirements throughout the UAE.
Moreover, growing government focus on developing tourism and offering class-apart hospitality services to people are paving a way for the players to introduce new variants in bottled water, like Purified, Mineral, Sparkling, & Spring Water, in plain or flavor categories. It, in turn, is widening the consumer base in the country, leading the market toward significant growth through 2027, further states the research report, “UAE Bottled Water Market Analysis, 2022.”
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High Purity Consciousness Among People Driving the Demand for Purified Water in the UAE
Based on the Type of Water, Purified Water dominated the UAE Bottled Water Market with the largest share in recent years & is anticipated to prevail in the same trend during the forecast period. This dominance attributes to the flooding population alongside an exponential inflow of tourists & migrants in the country, augmenting the demand for drinking water continually.
The same aspect is also generating growth opportunities for the leading players in the industry to increase the production & distribution capacities for purified bottled water & cater to the mounting water requirements throughout the country. Besides, as the purity & sanitization of water is questionable for people, an inclination toward purified bottled water is rising swiftly, leading the UAE Bottled Water Market toward significant growth through the coming years.
Competitive Landscape
The leading players in the UAE Bottled Water Market are Masafi, Agathia Group, Nestle, AL Ghadeer Drinking Water LLC, Falcon Spring, Dubai Crystal Mineral Water & Refreshments LLC, Our Oasis, AWAFI MINERAL WATER CO., Zulal Water Company, and Mai Dubai, among others.
For in-depth competitive analysis Visit – https://www.marknteladvisors.com/research-library/uae-bottled-water-market.html
Key Questions Answered in the Research Report
Market Segmentation:
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