Saudi Arabia Bottled Water Market is projected to rise at a significant CAGR by 2027 | Size, Share, Trends & Forecast

Saudi Arabia Bottled Water Market

The Saudi Arabia Bottled Water Market is expected to grow at a robust CAGR over the forecast period (2020-2027).

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The factors driving growth of the Saudi Arabia Bottled Water Market includes expansion of the travel and tourism industry, rise in the number of fast-food outlets and quick-service restaurants (QSRs) across Saudi Arabia, growing awareness about the benefits of offered by bottled water products and improvements in the living standards. For instance, the revenue generated by Travel and Tourism Industry across Saudi Arabia is expected to reach approximately   USD 4,400 million by the end of 2026, expanding at a CAGR of 8% over the forecast period (2022-2026), which will accelerate the Saudi Arabia Bottled Water Market share in the approaching years. Moreover, growing adoption of advanced technologies by manufacturers, increasing availability of sparkling water at online and offline distribution channels and rise in the launch of innovative products, are some of the additional factors supplementing the Saudi Arabia Bottled Water Market size. In addition, the increasing investments by leading players on research and development, strategic partnerships, and collaborations between companies, rising disposable incomes and growing influence of social media platforms, are further propelling the Saudi Arabia Bottled Water Market Growth.

The major players operating in the market are Al Qassim Health Water Factory, Makkah Water Co, Aujan Soft Drinks Industries, Al Jomaih Bottling Plant, Coca Cola Bottling Co, Health Water Bottling Co, Al Hada Water Company Limited, Al Manhal Water Factory Co. Ltd., and Abuljadayel Beverages Inc., among others.

Based on Product Type, the Sparkling Water segment is projected to capture the largest market share during the forecast period

Increasing consumers preference for sparkling water products over carbonate beverages and growing demand for soft drinks across Saudi Arabia, are propelling the segment's growth. As per the Bevnet Magazine November-December 2020 sparkling category had grown approximately at double rate as compared to the year 2019

Based on Distribution Channel, the Supermarket/Hypermarket is predicted to grow at a remarkable CAGR over the forecast period

Supermarkets and hypermarkets offer wide range of local and branded bottled water products under one roof and provides attractive discounts and free home delivery options on certain purchases, are some of the factors propelling the segment's growth.

Market Segmentation

Segmentation by Product Type

Still Water
Sparkling Water
Functional Water

Segmentation by Distribution Channel

Supermarket/Hypermarket
Convenience Stores
Home & Office Delivery
Online Retail Stores
Others

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