
Reusable water bottles are likely to grow in popularity over the next several years as consumers become more aware of the negative effects that single-use plastic water bottles can have on human health and the environment. The study, titled "Global Reusable Water Bottle Market," offers a comprehensive analysis of the market. The research provides a thorough examination of the market's most important subsegments, trends, drivers, restraints, competitive landscape, and other variables.
There has been a rise in the use of reusable water bottles in households, workplaces, and educational institutions worldwide. By reducing the amount of disposable bottles, these reusable options help prevent groundwater contamination. Awareness of the environmental impacts of non-disposable and single-use plastic bottles, as well as a significant increase in plastic rubbish in seas and landfills, are additional factors encouraging the adoption of reusable water bottles.
Governments everywhere are also working to reduce the use of disposable plastic water bottles in favor of more sustainable options like glass, metal, and other recyclable materials. For instance, new markets for reusable water bottles have opened up as a result of bans on single-use plastic water bottles in Australia, Canada, the United States, and some Indian states.
Because COVID-19 is transferred through inhalation, the potential for contamination of reusable water bottles has been raised. The market for reusable water bottles is being impacted by these kinds of discoveries. Consumers are increasingly choosing single-use or sealed water bottles due to the hassle of sterilizing reusable water bottles every 20 minutes. Although it is recommended that consumers use only sealed water bottles while traveling, reusable water bottles are becoming increasingly popular in homes.
Manufacturers in the market for reusable water bottles are stocking up on raw ingredients to meet fluctuating consumer demand while the current pandemic continues. They are switching to a plug-and-play setup to ensure smooth operations. Before investing in novel technology and procedures, businesses are increasingly relying on data-driven judgments. Mergers and acquisitions (M&A) are being pursued by these businesses as a means to develop products with more value for customers.
The world has become so concerned with staying hydrated that the reusable water bottle has become a practical requirement. Its primary function is to supply the user with liquid refreshment all day long. A key feature of the reusable bottle is its potential for repeated usage. This style of water bottle is ideal for transporting liquids including water, tea, juice, sports drinks, and other cold beverages. It's perfect for the office, the gym, and anywhere else people need to transport water around with them. Consumers' interest in reusable bottles has increased for both ecological and health reasons. Silicon, plastic, metal, and glass are the main segments of the market based on their respective types. The global market is segmented into specialty stores, e-commerce, supermarkets and hypermarkets, convenience stores, and others based on the many sales channels through which products can be purchased.
As awareness of environmental issues has grown, so has the number of people motivated to take personal action to reduce the amount of plastic they use. Many individuals throughout the world are making the switch from disposable plastic water bottles to reusable ones because of this. The COVID-19 suggestions for isolating the home have also led to a rise in interest in eco-friendly water bottles and cookware. A large percentage of millennial and Gen X consumers' disposable income was spent on home and garden items during the lockout, as reported by Klarna in a blog post. Items such as dishes, glasses, and pots and pans were included.
The use of reusable water bottles is on the rise worldwide, particularly in households, offices, and classrooms. Reusable water bottles reduce the amount of plastic that ends up in landfills, which is the main source of groundwater contamination. The significant rise in the amount of plastic trash in landfills and the seas, as well as growing public awareness of these issues, are also contributing to the rise in popularity of reusable water bottles. Furthermore, governments worldwide are actively working to discourage the use of single-use plastic water bottles and encourage the use of reusable water bottles made of glass, metal, and other environmentally acceptable materials. In response to the prohibition on single-use plastic water bottles, for instance, businesses in Australia, Canada, the United States, and some Indian states have seen a surge in sales of reusable bottles. The rising popularity of picnics and other outdoor activities in urban parks, nearby green spaces, and public trails also bodes well for the long-term viability of reusable bottles of all shapes and sizes. For instance, a Maru Voice Canada poll conducted in 2021 found that 52% of Canadians intended to increase their participation in outdoor leisure activities.
Report Coverage
Global Reusable Water Bottle research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Reusable Water Bottle report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Reusable Water Bottle competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Reusable Water Bottle market players and analyses their core competencies in each global market sub-segments.
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2017-2030 |
Base Year | 2022 |
Forecast Period | 2022-2030 |
Historical Period | 2017-2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | Nalge Nunc International Corp., SIGG Switzerland AG, Tupperware Brands Corporation, CamelBak Products LLC, Aquasana Inc., Contigo, Klean Kanteen Inc., BRITA GmbH, HYDAWAY, Bulletin Brands, Inc., Thermos L.L.C, O2COOL, LLC, Nathan Sports, Inc., Cool Gear International LLC USA, Inc., Nalgene, S’well. |
Segments Covered | • By Product |
Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Reusable Water Bottle Market from 2021 to 2030.
- Market Forecast for Reusable Water Bottle Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Reusable Water Bottle competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Reusable Water Bottle
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Reusable Water Bottle market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Reusable Water Bottle market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Nalge Nunc International Corp., SIGG Switzerland AG, Tupperware Brands Corporation, CamelBak Products LLC, Aquasana Inc., Contigo, Klean Kanteen Inc., BRITA GmbH, HYDAWAY, Bulletin Brands, Inc., Thermos L.L.C, O2COOL, LLC, Nathan Sports, Inc., Cool Gear International LLC USA, Inc., Nalgene, S’well.
Primary Target Market
- Market Players of Reusable Water Bottle
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Reusable Water Bottle market based on the below-mentioned segments:
Global Reusable Water Bottle Market, By Type
Glass
Stainless Steel
Plastic
Silicon
Others
Global Reusable Water Bottle market, By Distribution Channel
Specialty Stores
Convenience Stores
Supermarkets & Hypermarkets
Online
Global Reusable Water Bottle market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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