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The bottled water market in GCC is likely to provide a plethora of growth opportunities to the local and international players, owing to the rising health and well-being awareness in the GCC countries.
In countries like the UAE, the travel and tourism sector contributes a major share to the total GDP. The market is likely to be supported by the growing tourism activities in the GCC countries. Thus, the increasing tours and travel activities are likely to create more demand for bottled water from the HoReCa sector, extending revenue-generating opportunities for the market players.
There is a growing emphasis on investing in water from air technology, which includes the usage of hydro panels. The hydro panels in this technique use fans to extract moisture from the air, which is then forced through a hygroscopic substance that absorbs the water molecules and directs it into a reservoir. This technology is entirely dependent on humidity, and the UAE is the finest place to implement it, with an average humidity of 50%. This method is also less expensive than importing water. Therefore, players like SOURCE Global PBC are showing extensive interest to invest in this technology and leverage the growth opportunities in the GCC countries.
GCC Bottled Water Market Growth
GCC Bottled Water Market Trends
GCC Bottled Water Market Share
GCC Bottled Water Manufacturers
GCC Bottled Water Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of USD 9,986.96 million in 2023.
The market is estimated to grow at a CAGR of 7.2% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 1,8716.69 million by 2032.
The key types are still water, carbonated water, flavoured water, and mineral water.
The key countries are Saudi Arabia, the United Arab Emirates, Kuwait, and others.
The distribution channels include supermarkets and hypermarkets, convenience stores, home and office delivery, on-trade, and others.
Plastic and glass are the two major packaging materials used.
The key players in the market include Masafi Co. LLC, Emirates Refreshments PJSC, Health Water Bottling Co. Ltd, Agthia Group PJSC, Dubai Crystal Mineral Water & Refreshments L.L.C, and Hana Food Industries Company, among others.
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