U.S (New York) – New research study titled “UAE Bottled Water Market” for the year 2023, encompassing various aspects such as industry size, market share, growth analysis, segmentation, leading manufacturers and innovations, key trends, market drivers, restraints, regulatory framework, distribution methods, opportunities, strategies, potential roadmap, and annual forecasts until 2031. The primary objective of this market research study is to thoroughly examine the industry, enabling businesses to gain comprehensive insights into the sector and its economic potential. By leveraging accurate statistical research data provided by Report Ocean 2023 to 2031, your business can experience accelerated growth. This report also delves into PESTLE & SWOT analysis, Porter’s Five Forces Analysis, and provides crucial information including expenditure, costs, revenue, and end-users. With over 150+ pages, the document offers a comprehensive table of contents, 180+ figures, tables, charts, and insightful analysis.
key players are [Agthia Group, Mai Dubai, Nestle SA, Spindrift, Masafi Inc., Hint Inc., AL Ghadeer Drinking Water LLC, Crystal Mineral Water, National Food Products Co., PepsiCo Inc
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Report Ocean, revealed that the UAE bottled water market was worth USD 722.1 million in the year 2020. According to the study, the market is estimated to grow at a CAGR of 11.7%, earning revenue of around USD 1,560.1 million by the end of 2027.
Increasing Demand for Flavored Water Driving the UAE Bottled Water Market
To grab the major share in the market, bottled water manufacturers offer a wide range of products in line with the changing consumption patterns in the UAE. Among various types of products, flavored bottled water is gaining huge popularity among consumers in the UAE. There are various flavor combinations available in the market, such as lemon strawberry, cucumber, watermelon, mint, etc., to attract consumers. The increasing demand for flavored water in the UAE market is also attributed to the shift from soft and carbonated drinks, which is fueling the market growth.
Changing Climatic Structure is Driving UAEs Bottled Water Market
The UAE has an arid climate with a very dry, hot, and humid summer and generally warm and dry winters. Because of this, the citizens need to stay hydrated at all times. One of the key factors driving the growth of the UAEs bottled water market is the climatic conditions of the country. Bottled water is a great source of hydration. It also provides the body with necessary nutrients. Further, the ease of access to bottled water at convenience stores, offices, hospitals, retail stores, etc., during times of emergency also contributes to the growth of this market.
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UAE Bottled Water Market – By Distribution Channel
Based on the distribution channels, the UAE bottled water market is grouped into on-trade and off-trade. The off-trade segment is further classified into supermarkets/hypermarkets, convenience stores, retail stores, specialty stores, online channels, home, and office delivery, and others. Convenience stores account for the largest share of the market due to the easy availability of bottled water in this segment. The number of convenience stores is anticipated to double in the next five years, which is projected to further boost the markets growth during the forecast period.
Impact of COVID-19 on UAE Bottled Water Market
The growth of the UAE bottled water market was negatively impacted by the sudden outbreak of the COVID-19 pandemic. The restrictions on production and supply operations and panic buying of products by consumers resulted in huge demand and supply gap, due to which the manufacturers had to face huge losses. Furthermore, the restrictions on tourism and on-trade channels, such as hotels and restaurants, etc., also directly impacted the demand for bottled water in the country. However, the market is expected to rebound from this setback in the post COVID-19-era as restrictions on tourism will be lifted, and restaurants and offices resume operation.
Market Segment:
By Product Type (Spring Water, Purified Water, Mineral Water, Distilled Water, Sparkling Water, Others)
By Category(Water Exchange, Refill, New)
By Distribution Channel(On-Trade, Off-Trade)
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The UAE bottled water market is highly concentrated and dominated by global giants such as Nestle, Agthia, PepsiCo, etc. The market players heavily rely on advertisement and marketing strategies to create brand awareness and attract consumers. They also launch water bottles of various sizes to cater to the needs of various end-users and boost their sales. Additionally, the market players are establishing themselves as ethical brands by launching sustainable products to tap into the changing consumption pattern. Last but not least, the adoption of competitive strategies, such as partnerships, mergers & acquisitions, joint ventures, etc., is also prominent in this market.
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
Porter’s five forces analysis illustrates the potency of the buyers and suppliers.
Threat of New Entrants:
- If the threat of new entrants is high, it indicates that buyers have more options and can easily switch suppliers, increasing their bargaining power.
- Industry details: An industry with low entry barriers and minimal regulatory restrictions may attract new entrants, which can give buyers more choices and negotiating power.
Bargaining Power of Suppliers:
- If suppliers have strong bargaining power, they can dictate terms and prices, reducing buyer power.
- Industry details: Industries with few suppliers, unique resources or expertise, or limited alternative suppliers may give suppliers more power, affecting buyers’ ability to negotiate favorable terms.
Bargaining Power of Buyers:
- If buyers have strong bargaining power, they can demand lower prices, better quality, or additional services from suppliers.
- Industry details: Industries with many buyers, low switching costs, or readily available alternatives can enhance buyer power and their ability to negotiate favorable deals.
Threat of Substitute Products or Services:
- If there are many substitute products or services available, buyers can easily switch, giving them more power.
- Industry details: Industries with numerous substitutes or evolving technologies that provide alternative solutions can give buyers the upper hand in negotiations.
Intensity of Competitive Rivalry:
- High competition among existing industry players can give buyers more options and bargaining power.
- Industry details: Industries with many competitors, slow industry growth, or low differentiation between products/services may result in intense rivalry, benefiting buyers.
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