Market Size of Gulf Cooperation Council (GCC) Bottled Water Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 6.79 Billion |
| Market Size (2029) | USD 11.52 Billion |
| CAGR (2024 - 2029) | 11.16 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
GCC Bottled Water Market Analysis
The Gulf Cooperation Council Bottled Water Market size is estimated at USD 6.79 billion in 2024, and is expected to reach USD 11.52 billion by 2029, growing at a CAGR of 11.16% during the forecast period (2024-2029).
The total volume and value sales of bottled water benefitted from the COVID-19 outbreak in 2020, and this category recorded growth. This was due to stockpiling and bulk buying of bottled water in line with the government-enforced curfews and periodic lockdowns in major cities, including Makkah and Madinah, in early March. The lockdown restrictions on the foodservice industry were a major challenge for manufacturers and affected demand in the short term.
The GCC bottled water market has witnessed significant growth due to the growing tourism industry. Moreover, the number of foodservice channels, such as hotels and restaurants, is increasing in the country. In order to offer quality service to tourists, the region is also contributing to the high share of sales in the bottled water market, primarily from the still bottled water segment.
Furthermore, a major consumer shift is being observed in the GCC bottled water market from carbonated beverages, like cold drinks, to still bottled water solely due to the latter's healthy positioning in the retail space, which is driving the market's growth.
GCC Bottled Water Industry Segmentation
Bottled drinking water types are sometimes carbonated, sealed in bottles, and usually certified as pure. The market studied is segmented by type, distribution channel, and geography. By type, the market has been segmented into still water, sparkling water, and functional water. By distribution channel, the market has been segmented into supermarkets/hypermarkets, convenience/grocery stores, on-trade channels, home and office delivery, and other distribution channels. The report outlines the insights from countries in the region, including Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain, and Oman. The report offers market size and forecasts in value (USD million) for the above segments.
| By Type | |
| Still Water | |
| Sparkling Water | |
| Functional Water |
| By Distribution Channel | |
| Supermarkets/Hypermarkets | |
| Convenience/Grocery Stores | |
| On-trade Channels | |
| Home and Office Delivery | |
| Other Distribution Channels |
| Geography | |
| Saudi Arabia | |
| United Arab Emirates | |
| Kuwait | |
| Qatar | |
| Bahrain | |
| Oman |
Gulf Cooperation Council (GCC) Bottled Water Market Size Summary
The GCC bottled water market is experiencing robust growth, driven by factors such as the burgeoning tourism industry and the increasing number of foodservice channels like hotels and restaurants. These establishments are pivotal in catering to the needs of tourists, thereby boosting the demand for bottled water, particularly still bottled water, which is favored for its health benefits. The region's acute water scarcity, exacerbated by climate-related challenges, has further intensified the reliance on bottled water as a primary source of drinking water. This dependency is underscored by the region's high exposure to water stress, which significantly impacts its socio-economic development. As a result, the GCC bottled water market is witnessing a shift in consumer preferences from carbonated beverages to bottled water, aligning with the growing health consciousness among consumers.
The market landscape is highly fragmented, with numerous players such as Nestle SA, Agthia Group, Masafi Inc., PepsiCo Inc., and Danone SA actively participating. These companies are expanding their product offerings to meet the rising demand, which is supported by increasing disposable incomes and a growing population. Innovations in sustainable packaging and renewable energy-driven production facilities, like those introduced by Masafi Co LLC and Red Sea Development Co., are indicative of the industry's commitment to environmental sustainability. Such initiatives not only cater to the market's demand but also align with global efforts to reduce carbon emissions, ensuring that the supply of bottled water remains consistent with the escalating demand across the GCC region.
Gulf Cooperation Council (GCC) Bottled Water Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Still Water
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2.1.2 Sparkling Water
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2.1.3 Functional Water
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2.2 By Distribution Channel
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2.2.1 Supermarkets/Hypermarkets
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2.2.2 Convenience/Grocery Stores
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2.2.3 On-trade Channels
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2.2.4 Home and Office Delivery
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2.2.5 Other Distribution Channels
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2.3 Geography
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2.3.1 Saudi Arabia
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2.3.2 United Arab Emirates
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2.3.3 Kuwait
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2.3.4 Qatar
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2.3.5 Bahrain
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2.3.6 Oman
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Gulf Cooperation Council (GCC) Bottled Water Market Size FAQs
How big is the Gulf Cooperation Council (GCC) Bottled Water Market?
The Gulf Cooperation Council (GCC) Bottled Water Market size is expected to reach USD 6.79 billion in 2024 and grow at a CAGR of 11.16% to reach USD 11.52 billion by 2029.
What is the current Gulf Cooperation Council (GCC) Bottled Water Market size?
In 2024, the Gulf Cooperation Council (GCC) Bottled Water Market size is expected to reach USD 6.79 billion.
