Reusable Water Bottle Market - Trends Forecast Till 2028

Reusable Water Bottle Market, by Material Type (Glass, Stainless Steel, Plastic, Silicone), By Distribution Channel, By Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-CG-RWBM-1047

Format:  

Number of Pages: 382

Domain: Consumer Goods & Services

Reusable Water Bottle Market – Trends Forecast Till 2028

The global reusable water bottle market size was valued at USD 8.38 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.0% from 2021 to 2028.

The Reusable Water Bottle is the functional necessity of the hydration-obsessed world. It is used to serve the purpose of ensuring enough water throughout the day. The concept of the reusable bottle is, it can be used numerous numbers of times. This type of water bottle is mainly used for carrying fluids such as cold drinks, health drinks, water, tea, and others conveniently from one place to another

The increasing threat of plastic pollution, coupled with the severe environmental consequences of single-use and non-disposable water bottles are some of the factors that have supported long-term expansion for Reusable Water Bottle Market.

Reusable Water Bottle Market Size Forecast

Asia Pacific dominated the market with a share of 39.2% in 2020. This is attributed to the large population, the use of reusable water bottles, and the low cost of manufacturing in countries like India and China. The share is expected to remain significant in the future years due to the development in the economies and increase in disposable income.

Reusable Water Bottle Market is segmented into material type, distribution channel and region.

On the basis of Material Type

  • Glass
  • Stainless Steel
  • Plastic
  • Silicone

On the basis of Distribution Channel  

  • Specialty Stores
  • Hypermarkets & Supermarkets
  • Convenience Stores
  • Online

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Reusable Water Bottle Market Primary Respondent

 

Key Players

  • Tupperware Brands Corporation
  • SIGG Switzerland AG, GmbH
  • CAMELBAK PRODUCTS LLC
  • Nalge Nunc International Corp.
  • Klean Kanteen Inc.
  • Aquasana Inc.
  • HYDAWAY
  • Contigo

Recent Developments

  • In September 2021, a company named MOO Inc., known as the digital print and design company, launched the MOO Water Bottle, to help them extend the brand into the premium category. The company provides its water bottle range across the U.S., which is available in many distinctive colors and provide a myriad of branding options.
  • In July 2020, CamelBak packaging manufacturing company developed a new product MultiBev, which is considered as a 2-in-1 vessel. This consists of a water bottle, along with travel cup with silicone lid. This type of water bottle is gaining significant traction among consumers, as it enhances consumer experience in terms of convenience and versatility for everyday use.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Reusable Water Bottle Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 4.0% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

material type, distribution channel and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Tupperware Brands Corporation; SIGG Switzerland AG, GmbH; CAMELBAK PRODUCTS LLC; Nalge Nunc International Corp.; Klean Kanteen Inc., Aquasana Inc., HYDAWAY, Contigo

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