GCC Bottled Water Market Size
| 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 |
Need a report that reflects how COVID-19 has impacted this market and its growth?
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 Market Trends
This section covers the major market trends shaping the Gulf Cooperation Council (GCC) Bottled Water Market according to our research experts:
Scarce Water Resources Leading to Increasing Dependency on Packaged Drinking Water
The most water-scarce region in the world is the Middle-East & North Africa region (MENA), including GCC, where more than 60% of the population has little or no access to drinkable water. Over 70% of the region's gross domestic product (GDP) is exposed to high or very high-water stress, which is extreme compared to the global average of 22%. According to the World Bank, the MENA region also has the greatest expected economic losses from climate-related water scarcity, estimated to account for 6-14% of GDP by 2050. This scarcity poses a significant threat to the region's long-term socio-economic development. The deep scarcity of drinkable water has been an issue due to water scarcity and unavailability of treated water, which is leading to the high dependency on bottled water and packed forms of drinking water across the GCC region.
Saudi Arabia Holds the Largest Market Share
The Saudi Arabian 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 also increasing in the country. Therefore, to offer quality service to tourists, these channels are also contributing to a high share of sales in the bottled water market. Additionally, Saudi Arabia is a large industry for bottled water as consumers are becoming aware of the advantages of drinking bottled water rather than consuming tap water provided by local bodies. The increasing disposable incomes and a significant rise in the population rate are further expected to indirectly boost the demand for bottled water across the region.
GCC Bottled Water Industry Overview
The GCC bottled water market is highly fragmented, with a large number of active players present. Some major players in the GCC bottled water market are Nestle SA, Agthia Group, Masafi Inc., Pepsico Inc., and Danone SA, among others. The leading players are consistently increasing their bottled water products in all packaged forms, so they can be consumed in all situations. Due to the increased demand for bottled water in the country, companies are continually strategizing toward product expansion, which is likely to increase the production capacity. This expansion is also expected to bring improvements in the final product, which will ensure that supply remains in sync with the increasing demand.
GCC Bottled Water Market Leaders
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NestlE SA
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Agthia Group PJSC
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Masafi Inc.
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PepsiCo Inc.
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DANONE SA
*Disclaimer: Major Players sorted in no particular order
GCC Bottled Water Market News
In 2021, Masafi Co LLC introduced a sustainable bottled drinking water brand in the United Arab Emirates called SOURCE.
In 2021, Red Sea Development Co. inaugurated the first 100% renewable bottled water plant in Saudi Arabia. It is the country's first mineral water extraction plant that uses solar and wind energy in line with efforts to preserve the environment by limiting carbon emissions.
In March 2020, Agthia Group launched the Al Ain Plant bottle, the region's first plant-based water bottle. The packaging of the new Al Ain Plant Bottle is environmentally-friendly and made of 100% plant-based sources, including the cap.
GCC Bottled Water Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Type
- 5.1.1 Still Water
- 5.1.2 Sparkling Water
- 5.1.3 Functional Water
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5.2 By Distribution Channel
- 5.2.1 Supermarkets/Hypermarkets
- 5.2.2 Convenience/Grocery Stores
- 5.2.3 On-trade Channels
- 5.2.4 Home and Office Delivery
- 5.2.5 Other Distribution Channels
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5.3 Geography
- 5.3.1 Saudi Arabia
- 5.3.2 United Arab Emirates
- 5.3.3 Kuwait
- 5.3.4 Qatar
- 5.3.5 Bahrain
- 5.3.6 Oman
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Nestle SA
- 6.3.2 Agthia Group PJSC
- 6.3.3 Masafi Inc.
- 6.3.4 ALGhadeer Drinking Water LLC
- 6.3.5 PepsiCo Inc.
- 6.3.6 Crystal Mineral Water & Refreshments LLC Co.
- 6.3.7 Al-Qassim Water
- 6.3.8 Al Furat Drinking Water LLC
- 6.3.9 New Technology Bottling Company (NTBC) KSCC
- 6.3.10 Al-Rawdatain Water Bottling Co.
- 6.3.11 Danone SA
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVD-19 ON THE MARKET
** Subject To AvailablityGCC 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 |
GCC Bottled Water Market Research 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.
Who are the key players in Gulf Cooperation Council (GCC) Bottled Water Market?
NestlE SA , Agthia Group PJSC , Masafi Inc., PepsiCo Inc. and DANONE SA are the major companies operating in the Gulf Cooperation Council (GCC) Bottled Water Market.
What years does this Gulf Cooperation Council (GCC) Bottled Water Market cover, and what was the market size in 2023?
In 2023, the Gulf Cooperation Council (GCC) Bottled Water Market size was estimated at USD 6.11 billion. The report covers the Gulf Cooperation Council (GCC) Bottled Water Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Gulf Cooperation Council (GCC) Bottled Water Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Gulf Cooperation Council Bottled Water Industry Report
Statistics for the 2024 Gulf Cooperation Council Bottled Water market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Gulf Cooperation Council Bottled Water analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
