Bottled water is drinking water bundled in plastic or glass water bottles. Bottled water might be carbonated or not, with bundling sizes going from little single serving jugs to enormous carboys for water coolers. The utilization of Bottled water is affected by variables like comfort, taste, saw security, and worries over the nature of civil faucet water. Worries about the natural effect of Bottled water, including the creation and removal of plastic containers, have prompted calls for additional maintainable practices in the business. Bottled water is a perfect drinking water obtained from groundwater or public water supply which are put away in food grade bundling material for purchaser use.
Saudi Arabia Bottled Water Market Driving Factors and Challenges
Driving Factors- Essential variables driving Saudi Arabia filtered water market are high dispensable salaries of customers, flood in the interest for sprinkling water, and developing interest for filtered water from organizations and medical clinics. Likewise, the fast development in the travel industry and the nonstop extension in the foodservice channels, including lodgings and eateries will decidedly affect the filtered water market in Saudi Arabia. Saudi Arabia is one of the world's biggest yearly journeys on the planet. Both Hajj and Umrah draws in huge number of Muslim vacationers overall in Saudi Arabia. The travel industry area contributed to the Saudi Arabia's Gross domestic product in 2022, with vision 2030 in line, government is expecting, the commitment of the travel industry by 2030, which will add extra USD 70-80 billions in nation's Gross domestic product.
Challenges- The environmental impact associated with plastic waste generated from bottled water consumption. Despite efforts to promote recycling, the disposal of plastic bottles remains a concern, contributing to environmental pollution and carbon footprint issues. Moreover, fluctuating raw material costs for packaging and logistics pose economic challenges, influencing pricing and profitability for industry players. Regulatory compliance with stringent quality standards and evolving consumer preferences towards sustainability further complicate market dynamics, requiring companies to innovate in eco-friendly packaging solutions and sustainable sourcing practices. Additionally, the regional variations in water availability and quality necessitate robust supply chain management to ensure consistent product quality and availability across diverse geographic areas.
Impact of COVID-19 on Saudi Arabia Bottled Water Market
The COVID-19 pandemic significantly impacted Saudi Arabia's bottled water market, causing both challenges and opportunities. Initially, strict lockdowns and movement restrictions reduced consumer mobility and discretionary spending, affecting overall demand. With heightened health awareness, there was an initial surge in bottled water purchases as consumers prioritized safe hydration options. However, logistical challenges emerged due to disrupted supply chains and increased costs for packaging materials and transportation. As the economy gradually reopened, the market saw recovery, driven by ongoing health concerns and the shift towards healthier lifestyles. Companies adapted by enhancing online distribution channels and implementing stringent hygiene measures to reassure consumers.
Saudi Arabia Bottled Water Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as Al Jomaih Bottling Plant, Coca Cola Bottling Co, Al Manhal Water Factory Co. Ltd., Al Qassim Health Water Factory, Makkah Water Co, Aujan Soft Drinks Industries, Health Water Bottling Co, Al Hada Water Company Limited, and Abuljadayel Beverages Inc.
Saudi Arabia Bottled Water Market Segmentation:
By Product Type: Based on the Product Type, Saudi Arabia Bottled Water Market is segmented as; Still Water, Sparkling Water, Functional Water.
By Distribution Channel: Based on the Distribution Channel, Saudi Arabia Bottled Water Market is segmented as; Supermarket, Convenience Stores, Home & Office Delivery, Online Retail Stores, Others.
By Region: This research also includes data for Riyadh, Jeddah, Dammam, Khobar, Dhahran, Mecca, Medina, Ta'if, Yanbu, Al-Baha, Rest of Saudi Arabia.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.