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U.A.E. Packaged Drinking Water Market Will Reach USD 948.2 Million By 2030

10-03-2023 11:53 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

U.A.E. Packaged Drinking Water Market Will Reach USD 948.2

The U.A.E. packaged drinking water market is witnessing growth and is projected to reach USD 948.2 million by 2030. The growth of the market can be credited to the growing urban populace, the rising tourism market, and the rising need for functional and flavored water in the nation. The bottled water consumed by a grownup at nearly 34 gallons a year. Hence, it is projected that the packed water sector outlook will advance during the projection period.

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Industry development is projected to surge in the coming decade with the development in the hospitality sector, as the U.A.E. has been taken as a key tourism and leisure destination throughout the globe. The United Arab Emirates Ministry of Economy says that the transport and tourism sector generated almost 49.1 billion AED 180.4 billion CZK, amounting to 11.6% of GDP in 2019.

In the U.A.E. industry, the B2B distribution channel had a revenue share of 72.8% in recent years. This is mainly because of the growing count of corporate workplaces in the nation. For example, the Dubai Chamber discovered that an entire 16,000 new establishments joined in recent years, bringing its total association to more than 275,000, posting year-on-year development of 68.5%.

The online mode is estimated to witness a higher CAGR, of more than 10%, during the projection period in the industry. U.A.E. vendors are spending in digital sale channels at a fast pace by emerging a catalog of online items.

According to the International Trade Administration, the U.A.E. is the major e-commerce industry among all GCC states, and the nation's online sales have increased by 53% in recent years, to a record worth of USD 3.9 billion. Moreover, that year, e-commerce established 10% of the total retail sales in the nation, which displays the rising acceptance of online shopping among populaces.

An adequate quantity of safe water for human needs is not obtainable everywhere in the country. This is mainly because damaging chemical materials found on the earth's surface either leak into the water or infective bacteria contaminate this valuable resource.

Drinking this kind of water can result in a count of water-borne illnesses, mainly parasitic contagions. Credited to such factors, individuals are switching to packed drinking water to avoid the spread of these illnesses.

Browse the full report at: https://www.psmarketresearch.com/market-analysis/uae-packaged-drinking-water-market

In recent years, packaged bulk drinking water supplied by office premises is responsible for 33.1% of revenue share, given the fact that nearly all offices have been using their own bottles to drink. It's said that productive workers are a healthy workforce. There are strict rules for the health of employees within the country.

For example, companies have been advised by the Ministry of Human Resources & Emiratisation to always provide their staff with clean water and mineral supplies which are authorized for use by health authorities.

About P&S Intelligence

P&S Intelligence is a market research and consulting firm shaping growth strategies for enterprises with a global as well as niche presence. We specialize in both syndicate and custom market research, creating insight-laden reports that allow customers to stay ahead at every curve. Our clients range from multi-billion-dollar behemoths across industries to up and coming MSMEs and startups. Moreover, with our new offering, government, and public sector advisory services, we continue to trudge ahead in our quest for revolutionizing the way economies shape themselves in these ever-changing times.

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