The 10 most expensive and cheapest countries in terms of bottled water prices in the world… Arab countries on the list | economy

The global bottled water market is expected to reach $274 billion in 2024, and reach $380.5 billion by 2029, with a compound annual growth rate of 6.8% during the period 2024-2029, according to the Mordor Intelligence platform.

Factors increasing demand for bottled water in the world

According to the IMARC platform, the most important factors in demand for bottled water in the world are the following:

• Health risks

People are becoming more aware of the potential dangers of contaminated tap water, according toGlobal Health OrganizationIn 2022, at least 1.7 billion people globally used contaminated drinking water sources, and microbial contamination of drinking water as a result of fecal contamination poses the largest risk to drinking water safety in the world. Therefore, consumers are attracted to bottled water because of its portability, convenience, and guarantee. Her safety.

Growing health consciousness has forced consumers to shift from consuming sugary soft drinks to healthier hydration alternatives.

• Lack of access to clean drinking water

According to the AMARC platform, 2.2 billion people globally will not have access to safe drinking water in 2024.

• Fast lifestyles

Convenience and fast-paced lifestyles have increased consumption of bottled water, especially among urban residents, and advances in packaging technology, including environmentally friendly and lightweight materials, have made bottled water more attractive and sustainable.

Marketing efforts that emphasize purity, mineral content and origin attract health-conscious consumers. In addition, premium water categories such as mineral and vitamin-fortified water are also contributing factors to the increased demand for bottled water.

Increased income supports demand for bottled water in emerging markets, thus expanding the distribution circle, whether through traditional distribution channels or through the Internet.

Factors increasing demand for bottled water in the Arab region

The demand for bottled water in the Middle East and North Africa region is increasing according to the previous source due to the following factors:

• Dry climate.
• Lack of availability of clean tap water.
• The general need for safe hydration.
• About 64% of the region’s population lives in cities, according to World Bank statistics, increasing demand for portable and reliable drinking water solutions.
• Health consciousness and a growing desire for premium bottled water caters to an increasingly affluent consumer base.
• The hospitality and tourism sectors are improving market growth, especially in the Arabian Gulf countries.

Before reviewing lists of the 10 most expensive and cheapest international and Arab countries with bottled water prices, we first learn about the factors that affect the prices of these bottles and the reasons for their variation from one country to another according to the previous source.

Factors affecting bottled water prices by country

As with any salable product, many factors can contribute to the average cost of a bottle of water in one country compared to another, the most important of which are:

Quality is very important when it comes to what you will pay for bottled water, in European or North American countries such as US or Switzerland Or Germany, health regulations are strict, product standards are high, which means better packaging, more robust filtration processes etc., resulting in higher overall costs.

In countries where standards are not high or strict, bottled water may be cheaper, but it may also be of lower quality and safer.

People’s perception of products such as bottled water may also affect the price; In some countries, bottled water is viewed as a luxury product, rather than a daily necessity, and this can naturally affect prices.

In countries with higher incomes and expensive costs of living, many products tend to be more expensive as well, and this includes options like bottled water and other similar beverages.

In this report, Al Jazeera Net presents lists of the 10 most expensive and cheapest international and Arab countries with prices for 0.33 liter bottled water in 2024, according to what was reported by the World Population Review platform.

It should be noted that these prices do not take into account the level of individual income in countries or purchasing power parity.

The 10 most expensive countries in the world for bottled water prices in 2024

Below is a list of the 10 most expensive countries in the world, with the price of one 0.33 liter bottle of bottled water estimated in dollars:

1. Switzerland: $4.58.
2. Luxembourg: $3.40.
3. Denmark: $2.92.
4. Germany: $2.69.
5. Norway: $2.69.
6. Austria: $2.66.
7. Belgium: $2.59.
8. Netherlands: $2.55.
9. Australia: $2.24.
10. Israel: $2.20.

The 10 cheapest countries in the world with bottled water prices in 2024

Below is a list of the 10 cheapest countries in the world with the price of one bottle of bottled water estimated in dollars:

1. Egypt: $0.12.
2. Bangladesh: $0.15.
3. Nepal: $0.17.
4. Libya: $0.18.
5. India: $0.18.
6. Iraq: $0.20.
7. Algeria: $0.22.
8. Nigeria: $0.23.
9. Pakistan: $0.23.
10. Uzbekistan: $0.26.

The 5 most expensive Arab countries with bottled water prices in 2024

1. The UAE: $0.60.
2. Palestine: $0.59.
3. Kuwait: $0.42.
4. Jordan: $0.38.
5. Qatar And Morocco: $0.36.

The 5 cheapest Arab countries with bottled water prices in 2024

1. Egypt: $0.12.
2. Libya: $0.18.
3. Iraq: $0.20.
4. Algeria: $0.22.
5. Saudi Arabia: $0.26.