Reusable Water Bottle Market Size to Cross US$ 13.5 Billion by 2033; Polymer-based Segment Holds 30% Share
Currently valued at US$ 9.2 billion, the market for reusable water bottles is expected to rise at a 3.9% CAGR over the next ten years to reach an incredible US$ 13.5 billion in sales by 2033. Because plastic water bottles contribute significantly to the volume of plastic litter, it is anticipated that shipments of reusable water bottles will rise globally.
As a result of efforts to reduce plastic waste, restrictions on single-use plastics, growing public awareness of climate change, and the implementation of strong legislative measures to stop plastic pollution, it is projected that sales of refillable water bottles will increase in the coming years.
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Reusable Water Bottle Market Scope:
| Report Coverage | Details |
| Forecast Period | 2023-2033 |
| Forecast Period CAGR | 3.9% |
| 2033 Value Projection | US$ 201.1 Million |
| United States Growth Rate | ~ 4.4% |
| Base Year | 2022 |
| Historical Data for | 2017-2021 |
| No. of Pages | 170 |
| Segments covered | By Type, End-user, and Region |
How Low Recycling of Plastic Waste to Offer New Opportunities for Reusable Water Bottle Suppliers?
Plastic waste has been more prevalent during the past two decades, leading to significant contamination on a global scale. Due to plastic’s low rate of recycling, both individuals and governments have opted for alternative methods of reducing plastic waste.
These measures include increasing the use of alternatives to plastic, banning single-use plastic, and starting new efforts to educate the public about plastic pollution and climate change. Improvements in recycling and government initiatives that encourage the use of refillable bottles have an impact on the shipment of reusable bottles.
Key Companies Profiled
- Nalge Nunc International Corp.
- CAMELBAK PRODUCTS LLC
- AQUASANA INC
- Thermos L.L.C.
- Petainer Ltd.
- BRITA GmbH
- Emsa GmbH
- SIGG Switzerland AG
- Be-Active Bottles
- Tupperware Brands Corporation
- HYDAWAY
- Contigo
- Bulletin Bottle
- AptarGroup Inc.
- Klean Kanteen Inc.
- BIDONEX
- Alpha Packaging
- BLUEWATER
- S’Well Corporation
The Reusable Water Bottle market research studies the significant issues pertinent to the sectors, assesses the developing trends, and provides crucial insights in order to assist market participants in making strategic decisions and strategically targeting both the domestic and international markets.
The research offers a macroeconomic and corporate outlook of the market for reusable water bottles. Industry experts make suggestions in this study that will prepare the market’s participants for a better future.
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Key Highlights
- The study analyses the state of the latest worldwide Reusable Water Bottle market.
- The paper investigates the pandemic scenarios that are most likely to have a long-term impact on the sector.
- The paper examines in great detail how the world market for Reusable Water Bottle is changing.
- The research examines how the worldwide Reusable Water Bottle market is changing, the target markets with the greatest prospects, and emerging trends that could directly or indirectly affect your organisation.
- The report identifies prospects as well as the main obstacles you may face in the near future.
Competitive Landscape
Reusable water bottle manufacturers are focusing on launching new products with innovative marketing strategies to maximize their sales potential and drive revenue generation capacity in the future.
- In June 2021, Aptar Food + Beverage announced a partnership with REBO, a company offering reusable water bottles to develop a reusable water bottle that uses smart Bluetooth technology to help consumers stay hydrated. The bottle sync’s with a personalized hydration application to track health goals.
- In November 2022, BIMCO, an international shipping association in collaboration with Ocean Bottle, a reusable water bottle supplier announced the launch of co-branded reusable bottles that are intended to symbolize the change needed in the shipping industry to reduce plastic waste and eliminate the use of single-use plastics.
The inclusion of fine-grained segmentation by end-use, category, function, and geographical region in the global Reusable Water Bottle market study allows for a full analysis of the whole market. Similar to how the market share of periodicals is impacted by the current and future growth of the reusable water bottle industry.
The study also provides profiles of the products, sales, returns, competitive environment, market structure, industry drivers, and significant business difficulties for the reusable water bottle sector. The analysis determines the market’s present growth rate, anticipated future growth, and the major factors that will influence that growth in 2022. The study also estimates the number of products sold from 2015 to 2020 and forecasts sales for the years 2022 to 2032.
Reusable Water Bottle Market: Segmentation
- By Material Type :
- Glass
- Metals
- Polymers
- Silicone
- By Product Type :
- Filtered
- Plain
- Infuser
- Collapsible
- Insulated
- Growlers
- Other Types
- By Primary Usage :
- Everyday
- Sports
- Travel
- Other Utilities
- By Size :
- 8-12 Oz
- 16-27 Oz
- 32 Oz
- 40 Oz
- 64 Oz
- 1 Gallon and Above
- By Sales Channel :
- Supermarkets/Hypermarkets
- Independent Stores
- e-Commerce
- Other Channels
- By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
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The key business strategies discussed in this market research revolve around-
- How key players in the Reusable Water Bottle market are maintaining their competitive advantage in the wake of globalization?
- What changing dynamics in the Reusable Water Bottle industry specify about the future opportunities for manufacturers?
- How Covid-19 pandemic affected sales in the Reusable Water Bottle market and what strategies are expected to recover from its impact?
- What business tactics are gaining attention and influencing Reusable Water Bottle market rivalry?
- What is the current Reusable Water Bottle market share?
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