U.A.E. Packaged Drinking Water Market Analysis by Trends, Size, Share, Growth Opportunities, and Emerging Technologies

submitted 11 months ago by leeb57555 to news

In 2021, the U.A.E. packaged drinking water market generated revenue of $625.4 million, and it is projected to grow by 4.7% in the coming years, ascribed to the population explosion, rising tourism sector, and growing demand for functional and flavored water in the country. An adult consumes around 34 gallons per year in the country, signifying the proliferation of the packaged water industry in the near future. Thus, the sale of packaged drinking water in the country will reach $948.2 million by 2030.

Moreover, the U.A.E. packaged drinking water market is predicted to grow in the next few years, ascribed to the proliferation of the hospitality industry, due to major tourism and leisure destinations located in the country. For instance, the travel and tourism industry of India contributed around $49.1 billion to the economy of the country, amounting to 11.6% of the GDP.