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 |
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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.