Market Size of Morocco Bottled Water Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 2.73 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Morocco Bottled Water Market Analysis
Morocco Bottled Water is forecasted to witness a CAGR of 2.73% during the forecast period (2020-2025).
- The Moroccan bottled water market is experiencing a steady growth rate since 2015, with an increasing awareness on the low quality tap water in Morocco. But, in 2018, the market is expected to witness a drop in prices of bottled water due to the boycott of major brands like Sidi Ali in April 2018.
- The still water segment held a notable market share willcontinue to hold the highest market share during the forecast period.On-trade sales channels play a prominent role in the sales of bottled water in Morocco, as the product’s price is high.
Morocco Bottled Water Industry Segmentation
Morocco Bottled Water is segmented by Type into Still Water, Sparkling Water, Functional Water and Others; By Distribution Channel into On-trade, Supermarkets/Hypermarkets, Online Retailers and Convenience Stores.
Type | |
Still Water | |
Sparkling Water | |
Functional Water |
Distribution Channel | |
Supermarkets and Hypermarkets | |
Convenience Stores | |
Online Retailers | |
On-Trade | |
Other Distribution Channels |
Morocco Bottled Water Market Size Summary
The bottled water market in Morocco is experiencing consistent growth, driven by increasing consumer awareness of the low quality of tap water. This trend has been ongoing since 2015, although the market faced a temporary setback in 2018 due to a boycott of major brands, which led to a decrease in bottled water prices. The still water segment dominates the market, largely due to rising health consciousness among consumers who prefer it over carbonated options. This preference is further supported by the affordability and household applicability of still mineral water. The market is characterized by a significant presence of on-trade sales channels, with supermarkets and hypermarkets playing a crucial role in distribution, as they offer convenient one-stop shopping experiences for consumers.
The Moroccan bottled water market is moderately fragmented, with key players such as Oulmes, Coca-Cola, Nestle, Fiji Water Company LLC, and Danone holding significant market shares. Oulmes, in particular, maintains a strong position in the market. While the sector lacks substantial product innovation, companies are focusing on new product launches, especially in the flavored and functional bottled water segments, to enhance their market presence. The expansion of supermarkets and the conversion of small grocers into independent supermarkets and self-service convenience stores are contributing to the growing demand for bottled water, as these outlets offer bulk quantities to consumers.
Morocco Bottled Water Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Industry Attractiveness - Porter's Five Force Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Consumers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitute Products
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1.3.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Still Water
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2.1.2 Sparkling Water
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2.1.3 Functional Water
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2.2 Distribution Channel
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2.2.1 Supermarkets and Hypermarkets
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2.2.2 Convenience Stores
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2.2.3 Online Retailers
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2.2.4 On-Trade
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2.2.5 Other Distribution Channels
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Morocco Bottled Water Market Size FAQs
What is the current Morocco Bottled Water Market size?
The Morocco Bottled Water Market is projected to register a CAGR of 2.73% during the forecast period (2024-2029)
Who are the key players in Morocco Bottled Water Market?
Oulmes, THE COCA-COLA COMPANY, FIJI Water Company LLC., Nestle and Danone are the major companies operating in the Morocco Bottled Water Market.