Saudi Arabia Bottled Water Market Report and Forecast 2022-2027
Saudi Arabia Bottled Water Market Report and Forecast 2022-2027
Market Outlook
The Saudi Arabia bottled water market attained a value of USD 2,462 million in 2021. Aided by the rapid transition from tap water to bottled water and the expansion of the e-commerce industry, the market is projected to grow at a CAGR of 6.7% between 2022 and 2027 to reach a value of USD 3,658 million by 2027.
Bottled water is clean water which is treated to be free from any pathogenic organisms. The source of bottled water can be groundwater, spring, or public water supply, among others. However, this water might contain some naturally occurring bacteria that possibly came from the environment. Bottled water is portable and tightly packed in food-grade materials. The high cleanliness and hygienic nature of the product is driving the growth of the Saudi Arabia bottled water market.
The demand for bottled water is driven by the transition from consuming tap water towards bottled water owing to the bad taste of tap water. In addition to this, the increasing awareness about the ill-effects of consuming unpleasant tap water is further fuelling the sale of bottled water. The increasing inclination towards consuming bottled water as an alternative to carbonated drinks with added sugar is further aiding the market growth. This can be attributed to the health issues and prevalence of obesity and diabetes among the population.
Over the forecast period, the anticipated increase of the restaurants and fast-food outlets is anticipated to be a growth driving factor for the Saudi Arabia bottled water market. The rising disposable income, increasing urbanisation efforts by the government, and rising standards of living of the working-class population is further increasing affordability of bottled water in the region.
Furthermore, the growing global expansion of the e-commerce industry is likely to expand the market growth in the forecast period. The improving e-retail infrastructure in the region is likely to boost the access of bottled water in the coming years.
Market Segmentation
The market can be divided into the following segmentations.
Market Breakup by Type
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook