Global Reusable Water Bottles Market To Be Driven At A CAGR Of 3.73% In The Forecast Period Of 2021-2026

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The new report by Expert Market Research titled, ‘Global Reusable Water Bottles Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global reusable water bottles market, assessing the market based on its segments like primary usage, material type, distribution channel, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/reusable-water-bottles-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 8.25 billion
  • Forecast CAGR (2021-2026): 3.75%
  • Forecast Market Size (2026): USD 10.28 billion

The growth of the global market for reusable water bottles is driven by the increasing concern for environment pollution by the utilisation of single use plastic bottles. The increasing non-biodegradable plastic waste in ocean and landfills owing to the extensive utilisation of single use bottles is anticipated to propel the market growth. Additionally, the rising awareness of harmful health effects of Bisphenol A (BPA) present in the single use plastic bottles is likely to bolster the demand for the reusable water bottles. Moreover, increasing customer shift towards stainless-steel and glass bottles in workplaces, colleges and homes is expected to push the growth further over the forecast period.

Industry Definition and Major Segments

Reusable water bottles refer to the water bottles that can be utilised multiple times by end user or original bottler. The reusable bottles are used as a more efficient way for carrying or transferring liquids such as water, milk, alcoholic beverages, and soft drinks among others.

 

The market on the basis of primary usage is divided into:

  • Travel
  • Everyday
  • Sports
  • Others

Based on the material type, the market can be segmented into:

  • Glass
  • Metal
  • Polymer
  • Silicon

The market based on Distribution channel can be divided into:

  • Supermarkets/Hypermarkets
  • Departmental Stores
  • Online Stores
  • Others

The regional markets for reusable water bottles include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

Regionally, Asia Pacific is projected to dominate the global market for reusable water bottles owing to the low manufacturing cost in countries such as China and India. Additionally, the factors such as increasing health awareness, growing disposable incomes and large population are likely to bolster the regional growth. Meanwhile, North America and Europe are anticipated to follow Asia Pacific over the forecast period. This can be attributed to increasing stringent government regulation for minimising single use plastic waste along with increasing shift towards healthier life-style habits.

Key Market Players

The major players in the market are Camelbak Products, LLC., Brita®, LP., Klean Kanteen, Inc., Tupperware Brands Corporation, Aquasana, INC., Thermos L.L.C., and a few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

 

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

 

Media Contact

Company Name: Claight Corporation
Contact Person: Steven Luke, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com

 

Also, Check Procurement Intelligence which provides you with Infallible research solutions.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

About Post Author

alinajonas.01@gmail.com

The global commercial drone market, assessing the market based on its segments like product type, applications, end use, and major regions. Drones are being widely used in the healthcare sector for lab sample pickup and delivery and medical supply transportation, to reduce transportation turnaround time and infection exposure, particularly during the COVID-19 outbreak. In addition, the rising trend of precision agriculture, which utilises various technologies to increase the yield, is propelling market growth.
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alinajonas.01@gmail.com

The global commercial drone market, assessing the market based on its segments like product type, applications, end use, and major regions. Drones are being widely used in the healthcare sector for lab sample pickup and delivery and medical supply transportation, to reduce transportation turnaround time and infection exposure, particularly during the COVID-19 outbreak. In addition, the rising trend of precision agriculture, which utilises various technologies to increase the yield, is propelling market growth.

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