UAE Bottled Water Market Growth and Size, Revenue, CAGR Status, Demand, Challenges, Future Opportunities, Future Opportunities and Forecast till 2033: SPER Market Research
UAE Bottled Water Market is projected to be worth USD 3143.57 million by 2033 and is anticipated to surge at a CAGR of 11.98%.
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Water that has been prepared for consumer consumption in glass or plastic bottles is known as bottled water. Typically sourced from natural springs, wells, or municipal sources, it undergoes a series of filters to ensure its purity and safety for human use. To accommodate the tastes of various customers, bottled water comes in a range of still, sparkling, and flavored varieties. Water is often marketed as a convenient, healthful alternative to sugary drinks for hydration. As concerns over the safety and purity of water continue to grow, bottled water has become more and more popular worldwide, especially among health-conscious customers.
According to SPER market research, ‘UAE Bottled Water Market Size- By Type, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the UAE Bottled Water Market is predicted to reach USD 3143.57 Million by 2033 with a CAGR of 11.98%.
Drivers:
The booming tourism sector and the increasing number of immigrants in the United Arab Emirates are driving the market for bottled water, increasing demand for functional, flavored, and fortified water. Furthermore, it was reported that the United Arab Emirates has one of the largest numbers of foreign visitors among Middle Eastern countries. The use of bottled water has increased since then because its mineral treatment and filtration provide a higher level of purity assurance than tap or ordinary water.
Furthermore, the region's food service establishments, such as hotels and restaurants, are expanding due to the country's rising tourism.
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Challenges:
Concerns have been expressed by the major producers of plastic water bottles used for storage and delivery to different markets in the United Arab Emirates. These issues ultimately lead to plastic pollution. 4 billion plastic bottles are consumed in the United Arab Emirates each year, according to the reports. Burning these bottles not only alters the environment negatively but also releases dioxin into the atmosphere, which is the reason behind the ozone layer's thinning.
The UAE's overall economic growth was hampered by the abrupt COVID-19 pandemic outbreak and the harsh lockdown restrictions that followed. The United Arab Emirates' bottled water sector experienced a scarcity of supply in its off-trade channels as a result of customers' panic buying. This resulted in a large supply and demand imbalance during the COVID-19 epidemic, which had an adverse effect on the kingdom's whole bottled water market. The market for bottled water in the United Arab Emirates is expected to grow more slowly in the post-COVID-19 period due to supply chain constraints and a workforce shortage in the production facilities.
Additionally, some of the market key players are; Hint Inc., Mai Dubai, Masafi Inc., National Food Products Company (Oasis Pure Water), Nestlé S.A.
Dubai Bottled Water Market Segmentation:
By Type: Based on the Type, UAE Bottled Water Market is segmented as; Still Water, Sparkling Water, Functional Water.
By Distribution Channel: Based on the Application, UAE Bottled Water Market is segmented as; Supermarkets and Hypermarkets, Convenience Stores, Home and Office Delivery, On-Trade, Others.
By Region: This research also includes data for Eastern Region, Western Region, Southern Region, Northern Region.
For More Information, refer to below link: -
UAE Bottled Water Market Forecast
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