Press Release
Press Release
The market growth in Saudi Arabia can be attributed to the rising demand for bottled water in commercial spaces such as offices, schools, and universities, among others. Various leading companies are increasingly offering hassle-free purchases of bottled water and its free home delivery, in the wake of the COVID-19 pandemic, which is positively impacting the market. Moreover, with the robust growth of the travel and tourism sector in the country, the demand for single-use bottled water is significantly surging. The expansion of convenience stores and supermarkets in the country owing to rapid urbanisation is surging the availability of innovative bottled water, which is likely to provide impetus to the market in the coming years.
Some of the leading companies in the market for bottled water in Saudi Arabia are Nestlé SA (OTCMKTS: NSRGY) and Pure Beverage Industry Company. In January 2022, the latter announced the launch of a quality bottled drinking water, Ival, that is sourced from underground water wells in Saudi Arabia. The bottled water features elegant packaging by using modern colours and is produced according to the highest global specifications and standards. The company also adopted the latest procedures for quality assurance control for all its products to meet the evolving requirements of the Saudi Arabia market. Moreover, the product would be available in 50 distribution centres and provide delivery services over large geographical area in the country. Through the launch, the company aims to become one of the pioneers in the healthy bottled water industry in Saudi Arabia.
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The major players in the Saudi Arabia bottled water market are Nestlé Middle East FZE, Agthia Group PJSC, Health Water Bottling Co. Ltd. (Nova Water), Maeen Water, and Hana Water Company, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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