Bottom Article Ad

Sunday, October 30, 2022

Saudi Arabia Bottled Water Market size to Grow at a CAGR of 6.40% by 2027

 


The ‘Saudi Arabia Bottled Water Market Size, Report and Forecast 2022-2027’ by Expert Market Research gives an extensive outlook of the Saudi Arabia bottled water market, assessing the market on the basis of its segments like types, packaging size and distribution channel.

Saudi Arabia Bottled Water Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

Get a Free Sample Report with Table of Contents –  https://www.expertmarketresearch.com/reports/saudi-arabia-bottled-water-market/requestsample

The key highlights of the report include:

Market Overview (2017-2027)

• Historical Market Size (2021): USD 2.5 Billion
• Forecast CAGR (2022-2027): 6.70%
• Forecast Market Size (2027): USD 3.66 Billion

Report AttributeDetails
Historical Period2017-2021
Forecast Period2022-2027
Base Year2021
Market Size in 2021USD 2.5 Billion
Revenue Forecast in 2027USD 3.66 Billion
Growth Rate CAGR6.70%
Major PlayersNestlé SA, Agthia Group PJSC, Health Water Bottling Co. Ltd. (Nova Water), Maeen Water, and Hana Water Company, among others.

The inclining demand for bottled water in commercial spaces such as offices, schools, and universities, among others, is driving market growth in Saudi Arabia. In the aftermath of the COVID-19 pandemic, which is positively impacting the market, several leading companies are increasingly offering hassle-free bottled water purchases and free home delivery.

Furthermore, with the country’s robust growth in the travel and tourism sector, demand for single-use bottled water is skyrocketing. The fast expansion of convenience stores and supermarkets in the country is raising the availability of innovative bottled water, which is supposed to boost the Saudi Arabia bottled water market market in the coming years.

Saudi Arabia Bottled Water Industry Definition and Major Segments

The market, based on type, can be segregated

• Still water
• Sparkling water.

Based on packaging size, the market can be classified into

• ≤330 ml
• 331 – 500 ml
• 501 ml – 1000 ml
• 1001 ml – 2000 ml
• 2001 – 5000 ml
• ≥ 5001 ml.

The distribution channels for bottled water in Saudi Arabia include

• Retail channels
• Food service
• Home and office delivery.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/saudi-arabia-bottled-water-market

Saudi Arabia Bottled Water Market Trends

Nestlé SA (OTCMKTS: NSRGY) and Pure Beverage Industry Company are two of the leading companies in the Saudi bottled water market. In January 2022, the latter announced the launch of Ival, a high-quality bottled drinking water sourced from Saudi underground water wells.

The bottled water has elegant packaging with modern colours and is manufactured in accordance with the highest global specifications and standards. To meet the changing requirements of the Saudi Arabia market, the company also provided the most recent quality assurance control procedures for all of its products.

Moreover, the product would be available in 50 distribution centres and would provide delivery services throughout the country. With the launch, the company hopes to become a pioneer in Saudi Arabia’s healthy bottled water industry.

Key Market Players

The major players in the Saudi Arabia bottled water market are:

  • Nestlé SA
  • Agthia Group PJSC
  • Health Water Bottling Co. Ltd. (Nova Water)
  • Maeen Water
  • Hana Water Company
  • Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Sophia Grace, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
LinkedIn:- https://www.linkedin.com/company/expert-market-research

0 Comments:

Post a Comment