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Global Reusable Water Bottle Market to reach USD 12.59 billion by the end of 2030

Global Reusable Water Bottle Market Size Study & Forecast, by Material Type (Glass, Stainless Steel, Plastic, Silicon, Others), by Distribution Channel (Specialty Stores, Convenience Stores, Supermarkets & Hypermarkets, Online) and Regional Analysis, 2023-2030

Product Code: OIRCGS-98693958
Publish Date: 15-11-2023
Page: 200

Global Reusable Water Bottle Market is valued at approximately USD 8.92 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.4% over the forecast period 2023-2030. Reusable water bottles are gaining popularity among consumers worldwide due to their ability to reduce waste. As a result, the market for reusable water bottles is expanding, driven by government initiatives to discourage the use of single-use plastic bottles and promote the use of eco-friendly alternatives. However, the higher cost of reusable bottles compared to plastic bottles hinder the market growth.

With the advancements in transportation and work culture, many individuals are frequently traveling from one place to another, leading to a growing demand for reusable water bottles. Shockingly, Forbes reported in July 2017 that individuals purchase one million plastic bottles per minute globally, with 91% of all plastics not being recycled. In the United States alone, over 60 million plastic bottles are disposed of daily, but only 23% of disposable bottles are recycled. However, recent data from The Roundup suggests that as of 2023, 60% of US adults now own a reusable water bottle, totaling approximately 155 million individuals according to the most recent US census. Technological innovation and growing concern for eco-friendly products also create opportunities for market growth. However, the availability of inferior plastic materials, phthalates, BPA, and volatile organic compounds in single-use plastic bottles limit market revenue growth.

The key regions considered for the Global Reusable Water Bottle Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 due to government initiatives pushing manufacturers to use eco-friendly and sustainable materials. People are adopting a healthy lifestyle and prioritizing a sustainable environment. Consequently, they are preferring to use reusable water bottles instead of disposable ones. Additionally, global efforts to protect marine life from the harmful effects of plastic waste in oceans are driving the market. North America is expected to grow significantly during the forecast period, due to urbanization and changing lifestyles as people seek healthier, sustainable options. The government is promoting the use of eco-friendly and sustainable materials by bottle manufacturers due to the risks posed by plastic water bottles.

Major market players included in this report are:
Thermo Fisher Scientific Inc.
Tupperware Brands Corporation
SIGG Switzerland AG, GmbH
CamelBak Products, LLC
Klean Kanteen
Aquasana Inc.

Recent Developments in the Market:
Ø In February 2021, Hydaway introduced a collapsible bottle that is available in two sizes, 25 ounces and 17 ounces, and features a standard cap lid and a useful spout lid. The bottle is made from BPA-free plastic and silicone, and can be easily carried in pocket.
Ø In April 2021, Alpha Packaging acquired Boxmore Plastics Ltd. This acquisition would help the company in providing a wide range of product contributions to its customer base.
Ø In June 2021, AptarGroup, Inc. partnered with REBO to offer a reusable water bottle that helps people stay hydrated while reducing plastic waste.

Global Reusable Water Bottle Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Material Type, Distribution Channel, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Material Type:
Stainless Steel

By Distribution Channel:
Specialty Stores
Convenience Stores
Supermarkets & Hypermarkets

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Reusable Water Bottle Market, by Region, 2020-2030 (USD Billion)
1.2.2. Reusable Water Bottle Market, by Material Type, 2020-2030 (USD Billion)
1.2.3. Reusable Water Bottle Market, by Distribution Channel, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Reusable Water Bottle Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Reusable Water Bottle Market Dynamics
3.1. Reusable Water Bottle Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Government taking necessary steps to ban single-use plastic People participating in outdoor activities Desire to reduce landfill disposal of single-use plastic bottles
3.1.2. Market Challenges High Cost of Reusable Water Bottle Easy availability of single-use water bottles
3.1.3. Market Opportunities Technological Advancements Growing concern for the environment
Chapter 4. Global Reusable Water Bottle Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Reusable Water Bottle Market, by Material Type
5.1. Market Snapshot
5.2. Global Reusable Water Bottle Market by Material Type, Performance – Potential Analysis
5.3. Global Reusable Water Bottle Market Estimates & Forecasts by Material Type 2020-2030 (USD Billion)
5.4. Reusable Water Bottle Market, Sub Segment Analysis
5.4.1. Glass
5.4.2. Stainless Steel
5.4.3. Plastic
5.4.4. Silicon
5.4.5. Others
Chapter 6. Global Reusable Water Bottle Market, by Distribution Channel
6.1. Market Snapshot
6.2. Global Reusable Water Bottle Market by Distribution Channel, Performance – Potential Analysis
6.3. Global Reusable Water Bottle Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
6.4. Reusable Water Bottle Market, Sub Segment Analysis
6.4.1. Speciality Stores
6.4.2. Convenience Stores
6.4.3. Supermarkets & Hypermarkets
6.4.4. Online
Chapter 7. Global Reusable Water Bottle Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Reusable Water Bottle Market, Regional Market Snapshot
7.4. North America Reusable Water Bottle Market
7.4.1. U.S. Reusable Water Bottle Market Material Type breakdown estimates & forecasts, 2020-2030 Distribution Channel breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Reusable Water Bottle Market
7.5. Europe Reusable Water Bottle Market Snapshot
7.5.1. U.K. Reusable Water Bottle Market
7.5.2. Germany Reusable Water Bottle Market
7.5.3. France Reusable Water Bottle Market
7.5.4. Spain Reusable Water Bottle Market
7.5.5. Italy Reusable Water Bottle Market
7.5.6. Rest of Europe Reusable Water Bottle Market
7.6. Asia-Pacific Reusable Water Bottle Market Snapshot
7.6.1. China Reusable Water Bottle Market
7.6.2. India Reusable Water Bottle Market
7.6.3. Japan Reusable Water Bottle Market
7.6.4. Australia Reusable Water Bottle Market
7.6.5. South Korea Reusable Water Bottle Market
7.6.6. Rest of Asia Pacific Reusable Water Bottle Market
7.7. Latin America Reusable Water Bottle Market Snapshot
7.7.1. Brazil Reusable Water Bottle Market
7.7.2. Mexico Reusable Water Bottle Market
7.8. Middle East & Africa Reusable Water Bottle Market
7.8.1. Saudi Arabia Reusable Water Bottle Market
7.8.2. South Africa Reusable Water Bottle Market
7.8.3. Rest of Middle East & Africa Reusable Water Bottle Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Thermo Fisher Scientific Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.3.2. Tupperware Brands Corporation
8.3.3. SIGG Switzerland AG, GmbH
8.3.4. CamelBak Products, LLC
8.3.5. Klean Kanteen
8.3.6. Contigo
8.3.7. Aquasana Inc.
8.3.8. Hydaway
8.3.9. Nalgene
8.3.10. S’well
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

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Data Collection:
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Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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