UAE Bottled Water Market, 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)Trend Analysis, Competitive Market S
Description
UAE Bottled Water Market, 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)Trend Analysis, Competitive Market Share & Forecast, 2017-2027
UAE Bottled Water Market Witnessing Brisk Business: Forecast to Grow at a CAGR of 11.7% by 2027
A change in consumption patterns and an increase in the demand for convenient on-the-go hydration solutions are driving the growth of the UAE bottled water market. Moreover, bottled water provides added nutrients and is also free of contaminants, making it an appealing product for consumers….
A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, 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. UAE bottled water market is growing at a high rate because of the changing consumption pattern and increasing demand for convenient on-the-go hydration solutions. Additionally, since bottled water offers taste and added nutrients and are free of impurities, consumers find it more appealing. Further, the flourishing tourism sector in the country has boosted the demand for bottled water as plastic bottles are easy to carry and are readily available at convenience stores and supermarkets/hypermarkets. However, the monopoly of certain bottled water companies on the market may be a barrier to market expansion.
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 UAE’s 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 UAE’s 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.
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 market’s 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.
Competitive Landscape
The leading players in the UAE bottled water market is 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., and other prominent players.
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.
UAE Bottled Water Market Witnessing Brisk Business: Forecast to Grow at a CAGR of 11.7% by 2027
A change in consumption patterns and an increase in the demand for convenient on-the-go hydration solutions are driving the growth of the UAE bottled water market. Moreover, bottled water provides added nutrients and is also free of contaminants, making it an appealing product for consumers….
A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, 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. UAE bottled water market is growing at a high rate because of the changing consumption pattern and increasing demand for convenient on-the-go hydration solutions. Additionally, since bottled water offers taste and added nutrients and are free of impurities, consumers find it more appealing. Further, the flourishing tourism sector in the country has boosted the demand for bottled water as plastic bottles are easy to carry and are readily available at convenience stores and supermarkets/hypermarkets. However, the monopoly of certain bottled water companies on the market may be a barrier to market expansion.
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 UAE’s 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 UAE’s 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.
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 market’s 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.
Competitive Landscape
The leading players in the UAE bottled water market is 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., and other prominent players.
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 Contents
117 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Key Market Segments
- 2. Research Methodology
- 2.1. Qualitative Research
- 2.2. Methodology
- 2.3. Regional Split of Primary & Secondary Research
- 2.4. Secondary Research
- 2.5. Primary Research
- 2.5.1. Breakdown of Primary Research Respondents, By Region
- 2.5.2. Breakdown of Primary Research Respondents, By Industry Participants
- 2.6. Market Size Estimation
- 2.7. Assumptions for the Study
- 2.8. Market Breakdown & Data Triangulation
- 3. Executive Summary
- 4. Industry Insight and Growth Strategy
- 4.1. Value Chain Analysis
- 4.2. DROC Analysis
- 4.2.1. Market Drivers
- 4.2.1.1. Flourishing Tourism Sector in the UAE
- 4.2.1.2. High Health Consciousness Among Consumers
- 4.2.2. Market Restraints
- 4.2.2.1. Monopoly of Multinational Corporations
- 4.2.3. Market Challenges
- 4.2.3.1. Negative Impact of the COVID-19 Pandemic
- 4.2.4. Market Opportunity
- 4.2.4.1. Increasing Demand for Flavored Water
- 4.2.4.2. Changing Climatic Structure of the UAE
- 4.3. Recent Developments
- 4.4. Porter’s Five Forces Analysis
- 4.4.1. Bargaining Power of Buyers
- 4.4.2. Bargaining Power of Suppliers
- 4.4.3. Intensity of Rivalry
- 4.4.4. Threat of New Entrants
- 4.4.5. Threat of Substitutes
- 5. The UAE Bottled Water Market Overview
- 5.1. Market Size & Forecast by Value, 2017-2027
- 5.2. Market Size and Forecast, By Segment
- 5.2.1. By Product Type
- 5.2.1.1. Spring Water
- 5.2.1.2. Purified Water
- 5.2.1.3. Mineral Water
- 5.2.1.4. Distilled Water
- 5.2.1.5. Sparkling Water
- 5.2.1.6. Others
- 5.2.2. By Distribution Channel
- 5.2.2.1. On-Trade
- 5.2.2.2. Off-Trade
- 5.2.2.2.1. Supermarkets/Hypermarkets
- 5.2.2.2.2. Convenience Stores
- 5.2.2.2.3. Retail Stores
- 5.2.2.2.4. Speciality Store
- 5.2.2.2.5. Online Channel
- 5.2.2.2.6. Home and Office Delivery
- 5.2.2.2.7. Others
- 6. Competitive Landscape
- 6.1. List of Key Players and Their Offerings
- 6.2. Market Share Analysis (2020)
- 6.3. Competitive Benchmarking by Operating Parameters
- 7. Impact of COVID-19 on The UAE Bottled Water Market
- 8. Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
- 8.1. Agthia Group
- 8.2. Mai Dubai
- 8.3. Nestle SA
- 8.4. Spindrift
- 8.5. Masafi Inc.
- 8.6. Hint Inc.
- 8.7. AL Ghadeer Drinking Water LLC
- 8.8. Crystal Mineral Water
- 8.9. National Food Products Co.
- 8.10. PepsiCo Inc.
- 8.11. Other Prominent Players
- 9. Key Strategic Recommendations
- List of Figures
- Figure 1: The UAE Bottled Water Market Segmentation
- Figure 2: The UAE Bottled Water Market Value Chain Analysis,
- Figure 3: Company Market Share Analysis, 2020
- Figure 4: The UAE Bottled Water Market Size, By Value (USD Million), 2017-2027
- Figure 5: The UAE Bottled Water Market Share (%), By Product Type, By Value, 2017-2027
- Figure 6: The UAE Bottled Water Market Share (%), By Distribution Channel, By Value, 2017-2027
- List of Tables
- Table 1: The UAE Bottled Water Market Size, By Product Type, By Value, 2017-2027
- Table 2: The UAE Bottled Water Market Size, By Distribution Channel, By Value (USD Million), 2017-2027
- Table 3: Agthia Group Financial Analysis
- Table 4: Agthia Group Business Overview
- Table 5: Mai Dubai Financial Analysis
- Table 6: Mai Dubai Business Overview
- Table 7: Nestle SA Financial Analysis
- Table 8: Nestle SA Business Overview
- Table 9: Spindrift Financial Analysis
- Table 10: Spindrift Business Overview
- Table 11: Masafi Inc. Financial Analysis
- Table 12: Masafi Inc. Business Overview
- Table 13: Hint Inc. Financial Analysis
- Table 14: Hint Inc. Business Overview
- Table 15: AL Ghadeer Drinking Water LLC Financial Analysis
- Table 16: AL Ghadeer Drinking Water LLC Business Overview
- Table 17: Crystal Mineral Water Financial Analysis
- Table 18: Crystal Mineral Water Business Overview
- Table 19: National Food Products Co. Financial Analysis
- Table 20: National Food Products Co. Business Overview
- Table 21: PepsiCo Inc. Financial Analysis
- Table 22: PepsiCo Inc. Business Overview
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