January 28, 2021
According to the market intelligence report titled ‘UAE Bottled Water Market Analysis, 2020’ available with Market Study Report LLC, UAE bottled water market is anticipated to expand with a noteworthy compound annual growth rate of 6% during the analysis timeframe of 2021 to 2026.
Seasoned analysts claim that high popularity of the product among the population, increasing preference over other types of soft drinks, and escalating consumer demand for healthy products such as water containing vitamin D are stimulating the UAE bottled water market outlook.
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The report states that rising prevalence of chronic ailments such as diabetes and obesity, acquisitions, mergers, and other strategic alliances by industry partakers, and introduction of innovative products such as plant-based water bottles are further bolstering the overall industry expansion.
Furthermore, factors such as rapid development in the food service channels, increasing establishment of restaurants, hotels, pubs, and cafes, consumer inclination towards mineral and sparkling water, growing awareness regarding the health risks associated with consumption of polluted water, and flourishing tourism sector are positively swaying the UAE bottled water market dynamics.
Based on category, the industry is bifurcated into flavored and plain, among which the latter exhibited the highest year-on-year growth rate in 2020, on account of increasing number of working professionals, surging demand for potable water bottles, growing awareness regarding waterborne diseases, and rapid urbanization.
On the other hand, the flavored segment is projected to grow at the highest CAGR during 2021-2026, owing to the availability of a wide variety of flavors.
With regards to type of water, UAE bottled water market is segmented into spring water, sparkling water, mineral water, and purified water. Moving on to distribution channels, the industry is split into convenience stores, supermarkets & hypermarkets, on trade, and home delivery among others.
As per the regional analysis of the report, the business sphere is bifurcated into Northern Emirates, Sharjah, Abu Dhabi, and Dubai.
Major companies that boast of an authoritative status in UAE bottled water market include Mai Dubai, Zulal Water Factory, Awafi Mineral Water Company LLC, Our Oasis, Dubai Crystal Mineral Water & Refreshments L.L.C, Falcon Spring, AL Ghadeer Drinking Water L.L.C, Nestlé S.A., Agthia Group PJSC, and Masafi LLC.