Global Reusable Water Bottle Market is valued approximately at USD XX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2020-2027. Reusable bottles of water are commonly used for beverages such as fruits, coffee, tea and are often used for going from one location to another. The increasing usage of reusable bottles of water globally, due to its characteristics, formats, content, size and form, would fuel market development. In addition, the increasing need and trend for online shopping, the increasing use of social networking and related facilities is likely to boost the market for reusable bottled water in the projected years. The growth of the market is attributed to an increase in demand for convenience products, an increase in environmental threats from non-decomposable waste bottles, and an increase in people’s inclination towards a healthy lifestyle. Improving people’s working conditions across the world is contributing to a shift in lifestyle. Consumers are growing increasingly health-conscious and mindful of the adverse consequences of utilizing non-reusable products, thereby pushing the demand. In fact, the rise in disposable income and the usage of luxury goods has increased the development of this sector. The global demand for recycled bottles of water is gaining momentum owing to a wide variety of applications across diverse industries. The food and beverage sector are now shifting towards the usage of recycled forms owing to the advantages of products such as recyclability, simplicity of handling and non-reactive, which often help to extend the shelf life of the commodity. Government regulations policies and anti-plastic campaigns push customers to turn to recycled bottles of water, thus enabling suppliers to produce environmentally sustainable goods. In fact, the production of a portable bottle of water is hindered by numerous anti-use initiatives. Several policy programs, such as UNICEF and the Ministry of Education of the Maldives, have agreed to include a free container of water for all first graders in the Maldives.
The regional analysis of global Reusable Water Bottle Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. The APAC field is the biggest buyer on the sector owing to the involvement of countries such as India and China, where demand is accessible at a cheap cost. In fact, countries are seeing tremendous growth due to improved health education, improved disposable income, and increasing demand for a reusable bottle of water. The field is increasingly leading to demand growth due to rapid urbanization and better lifestyles in developing countries such as India and China.
Major market player included in this report are:
Tupperware Brands Corporation
SIGG Switzerland AG, GmbH
CAMELBAK PRODUCTS LLC
Nalge Nunc International Corp.
CamelBak Products LLC
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 eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available 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 Product Type:
Other Water Bottles
By Distribution Channel:
Supermarkets / Hypermarkets
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Reusable Water Bottle Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers