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The GCC bottled water market is being driven by the rising demand for potable and sanitary water due to rapid urbanisation and population growth in the region. The population in the region has almost doubled over the past two decades. Bottled water is the leading segment in the beverage industry in GCC. It accounts for 56% of the GCC beverage market. Within the region, Saudi Arabia is the largest market for bottled water. The country accounts for 52% of the bottled water factories in GCC. Saudi Arabia is followed by the United Arab Emirates as a major market, accounting for over a fifth of the bottled water factories in the region. The market in the UAE is being driven by the rising consumption of the product in the country. The UAE ranks eighth in the world in its per capita consumption of bottled water, consuming over 34 gallons of the product per capita. Saudi Arabia follows the UAE in its per capita consumption, consuming nearly 31 gallons of bottled water per capita.
The bottled water market in GCC is being aided by the rising health consciousness among the consumers, especially due to the high incidences of obesity and diabetes in the region. Nearly 39 million people in the entire Middle East suffer from diabetes, and the region also has one of the highest ratios of obese people, globally. Thus, consumers in the GCC countries are looking for alternatives to sugar-heavy carbonated drinks, providing impetus to the bottled water market. Bottled water is being perceived as a healthier and convenient alternate to carbonated beverages. The market in the region is also being propelled forward due to the growing demand for potable water from the rising number of pilgrims, tourists, and expatriates in the regions, especially, in the UAE and Saudi Arabia.
Market Breakup by Types, Packaging Materials, Distribution Channels, and Regions:
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The key players in the GCC bottled water market as identified by EMR are Al Bayan Purification & Potable Water LLC, Hana Water Company, Al Ain Mineral Water Co, Masafi, Inc, Emirates Refreshments PJSC, and Health Water Bottling Co. Ltd among others. The report gives an in-depth insight into their market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions.
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