The saudi arabia drinking water market is estimated to expand at a CAGR of over 7.8% over the forecast period of 2022-2032. Sales in the market are estimated to be valued at US$ 11.26 Bn by the end of 2032.

Growth in the market is underpinned by increased bottled water purchases by the working population in the country to gain more nutrition and safe potable water. Moreover, innovation concerning mobility and portability of bottled water packaging will also the demand for bottled water.

As a result, premium bottled water is generally accepted by local customers in the country. It has less sodium and higher mineral content and is packaged in either plastic or glass bottles. It is more expensive than regular bottled water but less expensive than foreign brands, persuading people to develop good habits and use premium bottled water.

Moreover, increased consumption of premium bottled water by restaurants is being observed in the country since it is not common to serve tap water. This is predicted to uplift the demand for premium bottled water over the forecast period.

"Key providers in the drinking water market are focusing on increasing their footprint by introducing natural and premium products with a variety of flavors and options. Moreover, they are also investing in marketing strategies to increase the awareness of water hygiene and water consumption." Says an FMI analyst.

Who is winning?

Leading manufacturers of Saudi Arabia drinking water market are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of drinking water market in Saudi Arabia.

Major players present in the Saudi Arabia drinking water market are 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, and Al-Manhel, among others.

Information source:
https://www.futuremarketinsights.com/reports/saudi-arabia-drinking-water-market