Apr 06, 2023
Other
Ankush Nikam
Newark, Del: Saudi Arabia Drinking Water Market was worth US$ 5.33 Billion in the year 2022 and is expected to reach US$ 11.26 Billion by the year 2032 at a CAGR of 7.8% between 2022 and 2032.
Saudi Arabia, according to the Royal Embassy of Saudi Arabia (RES), comes across as the biggest manufacturer of desalinated water in Saudi Arabia. It is a known fact that Saudi Arabia is categorized as a desert with dearth of natural source of water (lakes or river). This calls for proper management of potable water.
The Ministry of Water and Electricity, along with leading providers, is handling the matters of water all across. RES states that the SWCC (Saline Water Conversion Corporation) does operate close to 27 desalination stations; yielding more than 3 Million cubic meters/day of potable water; which is more than 70% of water used in cities.
The key participants are trying to include mineral- and vitamin-rich drinking water to promote it. Contaminated water results in neurological ailments, reproduction-related problems, and gastrointestinal diseases. This asks for a burgeoning need for proper drinking water.
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Bottled water yielding companies do claim that the seals of bottles render protection to water from the bacterial contamination irrespective of duration of storage. Also, awareness programs are being conducted regarding consumption of safer and refreshing beverages that are free of artificial chemicals. On these grounds, Flo Drinks have come up with a chain of natural mineral water products under brand name ‘Flo Essence Water’. They have been infused with various natural sugar-free flavors at pH of 7.
Functional water is witnessing a greater demand in Saudi Arabia. These days, this type of water comes as a zero-calorie herbal water that contains herbal extracts. It is expected to contribute on significant counts to the overall economy of Saudi Arabia. Offline sales channels like supermarkets/hypermarkets, convenience stores, departmental stores, and likewise are holding more than 50% of the market share.
Future Market Insights has walked through these facets with future perspectives in its latest market study entitled ‘Saudi Arabia Drinking Water market’.
“Desert areas need proper planning and maintenance, especially when it comes to drinking water. Various measures taken on this count are likely to help Saudi Arabia Drinking Water Market stand in a good stead in the near future”, says an analyst from Future Market Insights.
Competitive Analysis
Key players in the Saudi Arabia Drinking Water Market
Nestlé S. A., Hayat Water, Al Hada Water Co. Ltd., Naqi Water, Arwa, Dome, Tania, Berain, Al-Qassim Healthy Water, Hana Water, Al Ain Water, Dala Company, Fayha Water, Safawater. Qa, Aquafina (PepsiCo, Inc.), Najed, Nova, Manahel, Safa, Mazen, Al-Manhel, Other (as per request)
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What does the Report Cover?
Saudi Arabia Drinking Water Market by Category
By Product Type:
By Water Resources:
By Bottle Capacity:
By End-User:
By Packaging Type:
By Sales Channel:
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