Leading Companies in Saudi Arabia Bottled Water Market, Driven by Increasing Preference for Premium Bottled Water

The Saudi Arabia bottled water market reached a value of about USD 2,802.96 million in 2023. The market is projected to grow at a CAGR of 6.8% in the forecast period of 2024-2032 to reach around USD 5,059.01 million by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by the rising tourist arrival and expansion in the MICE sector of Saudi Arabia.

One of the major factors driving the growth of the market is the convenience offered by bottled water. Bottled water is portable and durable and can be carried while travelling to remote regions. In 2023, the total number of tourists arrival in Saudi Arabia was 27.4 million, a 56% growth compared to 2019.

The flourishing food and beverage industry has resulted in the growth of the institutional demand for bottled water, there by supporting the Saudi Arabia bottled water market growth. The standard and variety of F&B concepts in the Kingdom will be significantly impacted by planned expenditures in the entertainment industry. According to Vision 2030, household entertainment spending is expected to increase from 2.9% of total expenditures in 2015 to 6% in 2030. It is anticipated that chances to support retail and food and beverage products would arise simply from the growth of the entertainment industry.

As per the Saudi Arabia bottled water market analysis, Saudi Arabia has emerged as a prime region for the global Meetings, Incentives, Conferences, and Exhibitions (MICE) industry. Saudi cities like Riyadh, Jeddah, and Dammam are becoming key MICE destinations due to their strategic location, well-equipped conference centers, streamlined visa process and developed infrastructures. In 2024, Riyadh is hosting the Saudi Event Show, bringing together over 4,500 events, entertainment, and MICE professionals, expanding the use of bottled water.

In April 2024, Nova Water became the first water brand in Saudi Arabia to introduce a water bottle made of 100% recycled bottles to get in line with the Kingdom’s Vision 2030 and the Saudi Green Initiative’s goals and sustainability objectives.

Figure: Total Tourists Arrival (Million) in Saudi Arabia, 2018-2023

Top 5 Bottled Water Companies in Saudi Arabia:

Nestlé Middle East FZE

Nestle Middle East stands as one of the leading FMCG food company, providing a comprehensive range of essential commodities to households. This company serves as a regional hub catering to the needs of 13 countries around the region. Nestlé Middle East owns and operates 17 factories and 37 offices across the Middle East, employing over 7,000 people across all operations. More than 60 products in the Middle East in a wide range of categories including bottled water, coffee, infant nutrition, creamers, milks, culinary, confectionery and breakfast cereals. Local bottled water brands include Al Manhal, Springs, Ghadeer and Baraka.

Agthia Group PJSC

Agthia is the UAE’s prominent food and beverage manufacturers with a growing presence across the MENA region and international markets. The company has an expansive product portfolio that spans four business verticals and is a market leader in the production of bottled water, flour, and animal feed segments in the Saudi Arabia and the other GCC regions, and in the Protein & Frozen segment in Saudi Arabia. The company has 19 manufacturing facilities and 27 distribution centres globally.

Health Water Bottling Co. Ltd. (Nova Water)

The company stands as a global leader in the production of bottled water with topmost quality in Saudi Arabia. The company uses the latest production technologies, associated with a fully automated bottling process, that adheres to the highest health and safety standards.

Maeen Water

The company offers high quality bottled drinking water with low sodium in Saudi Arabia. The bottled water pack ranges from 250ml to 5 litres. The company has manufacturing plants in different regions of KSA including Jeddah, Makkah, Jubail, and others.

Hana Water Company

The company owns five natural groundwater wells and a network of 40 branches covering all cities of KSA and stands out as a prominent local bottled water company. The company owns a group of wells in the Qassim region, from which water is extracted using European technologies and maintaining standards.