UAE Bottled Water Market is projected to be worth USD 3143.57 million by 2033 and is anticipated to surge at a CAGR of 11.98%.
Bottled water is water that has been prepared for consumer use in glass or plastic bottles. Usually obtained from municipal sources, wells, or natural springs, it is filtered via a number of steps to guarantee that it is pure and safe to consume. A variety of still, sparkling, and flavored types of bottled water are available to suit the tastes of different consumers. The water is frequently promoted as an easy-to-transport hydration option that is healthier than sugary drinks. Worldwide, bottled water has grown in popularity, particularly among consumers who are health-conscious, as worries about the safety and purity of water continue to rise.
UAE Bottled Water Market Driving Factors and Challenges
Drivers: The market for bottled water in the United Arab Emirates is driven by the developing tourism industry and the growing immigrant population, which raises demand for flavored, fortified, and functional water. Additionally, among Middle Eastern nations, the United Arab Emirates was said to have seen one of the highest volumes of foreign visitors. Since then, there has been a rise in the use of bottled water since it offers a higher level of purity assurance than tap or regular water due to its purification and mineral treatment. Additionally, food service outlets including hotels and restaurants are growing in the area as a result of the nation's growing tourism
Challenges: The main manufacturers of plastic bottles for storing water and delivering it to various marketplaces in the United Arab Emirates have raised concerns about environmental difficulties, which ultimately result in plastic pollution. The United Arab Emirates is responsible for the consumption of 4 billion plastic bottles annually, according to the reports. In addition to causing detrimental changes in the ecology, burning these bottles releases harmful dioxin into the atmosphere, which is the cause of the ozone layer's depletion.
Impact of COVID-19 on UAE Bottled Water Market
The sudden COVID-19 pandemic breakout and the resulting stringent lockdown restrictions hurt the UAE's overall economic growth. Due to panic buying by customers, the bottled water industry in the United Arab Emirates faced a shortage of supply in its off-trade channels. During the COVID-19 pandemic, this led to a significant supply and demand gap that negatively impacted the whole bottled water industry in the kingdom. Due to supply chain limitations and a shortage of labor in the production facilities, the market for bottled water in the United Arab Emirates is anticipated to grow more slowly in the post-COVID-19 period.
UAE 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 are; Hint Inc., Mai Dubai, Masafi Inc., National Food Products Company (Oasis Pure Water), Nestlé S.A, AL Ghadeer Drinking Water LLC, Dubai Crystal Mineral Water & Refreshments L.L.C Co,., PepsiCo Inc., Spindrift, and Others.
UAE Bottled Water Market Segmentation:
By Type: Based on the Type, UAE Bottled Water Market is segmented as; Still Water, Sparkling Water, Functional Water.
By Distribution Channel: Based on the Application, UAE Bottled Water Market is segmented as; Supermarkets and Hypermarkets, Convenience Stores, Home and Office Delivery, On-Trade, Others.
By Region: This research also includes data for Eastern Region, Western Region, Southern Region, Northern Region.
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.