Reusable Water Bottle Market - Trends Forecast Till 2028

Market Overview

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.

Regional Analysis

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.

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

Competitive Landscape

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