Bottled water is the drinking water packed in plastic or glass bottles. These bottles are considered the most convenient & easily available sources of carrying water with advantages to refill over & over again. Different types of drinks are bottled & supplied across the UAE. Some prominent types of water packed in bottles include Purified Water, Mineral Water, Sparkling Water, & Spring Water. With the increasing water requirements of the burgeoning population, entwined with increasing water scarcity & contamination levels, the demand for bottled water is rapidly surging across the UAE.
The UAE Bottled Water Market is projected to grow at a CAGR of around 6% during the forecast period, i.e., 2021-26. The growth of the market is likely to be driven primarily by the rapidly mounting focus of the UAE government on economic diversification. It, in turn, is leading to massive infrastructural developments to cater to the increasing number of tourists & travelers in the country and propelling the demand for different types of bottled water for excellent hospitality services.
|Study Period||Historical Data: 2016-19|
|Base Year: 2020|
|Forecast Period: 2021-26|
|Key Companies Profiled||Masafi, Agathia Group, Nestle, AL Ghadeer Drinking Water L.L.C, Falcon Spring, Dubai Crystal Mineral Water & Refreshments L.L.C, Our Oasis, AWAFI MINERAL WATER CO., Zulal Water Company, Mai Dubai etc.|
|Unit Denominations||USD Million/Billion|
IAdditionally, the rapidly expanding food & beverages sector in the country through different service channels like hotels, pubs, cafes, & restaurants, among others, is also soaring the demand for bottled water and, in turn, augmenting the market growth.
Besides, the rapidly increasing population in the UAE is another prominent aspect playing a crucial role in escalating the demand for bottled water and encouraging the leading players to increase their production capabilities to suffice the burgeoning water requirements. Moreover, growing health consciousness among people is instigating the demand for bottled water entwined with an increasing inclination toward flavored water consisting of herbs, fruits, minerals, & vitamins, etc., shall also boost the bottled water market growth through 2026.
mpact of Covid-19 on the UAE Bottled Water Market
The Covid-19 pandemic had a decelerating impact on most industries, where the UAE Bottled Water Market was no exception. With the imposition of stringent movement restrictions & frequent lockdowns by the government to curb the spread of these dreadful diseases, the market witnesses several unprecedented challenges like the shutdown of production units, shortage of raw materials required for bottle manufacturing, supply chain disruptions, etc.
However, on the other hand, the market witnessed a surging demand for bottled water as consumers began stockpiling essential food & beverages owing to the uncertainty of lockdowns & restrictions entwined with growing concerns associated with health & hygiene. It, in turn, compelled the manufacturers to increase their production.
As a result, the consumers began to feel assured about the availability of bottled drinks in volume at stores & supermarkets. It enabled the market to regain its usual pace and present growth opportunities to the leading players. Moreover, the same trend is likely to be followed in the coming years & positively influence the market growth.