Global Reusable water bottle market

Reusable Water Bottle Market Size, Share, Growth Analysis, By Product type(Plain Reusable Water Bottles, Insulated Reusable Water Bottles, Filtered Reusable Water Bottles, Collapsible Reusable Water Bottles), By Material type(Glass, Stainless Steel, Plastic, Silicon), By Distribution channel(Direct Sales, Supermarkets/Hypermarkets, Specialty Stores, Independent Stores), By Primary usage(Everyday Reusable Water Bottles, Sports Reusable Water Bottles, Travel Reusable Water Bottles, Other Utilities), By Size(8-12 oz. Reusable Water Bottles, 16-27 oz. Reusable Water Bottles, 32 oz. Reusable Water Bottles, 40 oz. Reusable Water Bottles), By Region - Industry Forecast 2024-2031


Report ID: SQSG15G2011 | Region: Global | Published Date: July, 2001
Pages: 157 | Tables: 158 | Figures: 78

Reusable Water Bottle Market Insights

Reusable Water Bottle Market size was valued at USD 8.54 billion in 2019 and is poised to grow from USD 8.92 billion in 2023 to USD 12.72 billion by 2031, growing at a CAGR of 4.4% in the forecast period (2024-2031).

Reusable water bottles have gained popularity as an alternative to single-use plastic bottles. BPA, Bisphenol A, is a chemical compound found in plastic bottles that can cause cancer. Manufacturers are labelling these materials as BPA-free. Furthermore, due to the health benefits of stainless steel and glass water bottles, consumer preference is shifting. The growing threat of plastic pollution, combined with the negative environmental effects of using single-use and non-disposable plastic water bottles, is driving regional demand for reusable water bottles. Because glass water bottles do not degrade after extensive use, they are free of germs and contamination even after several washes. As consumers' preferences shift toward a healthier lifestyle, reusable water bottles are becoming more popular in workplaces, colleges, schools, and homes. Furthermore, reusable water bottles help to reduce landfills, which are a major source of both underground and groundwater pollution.

US Reusable Water Bottle Market is poised to grow at a sustainable CAGR for the next forecast year.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Reusable Water Bottle Market size was valued at USD 8.54 billion in 2019 and is poised to grow from USD 8.92 billion in 2023 to USD 12.72 billion by 2031, growing at a CAGR of 4.4% in the forecast period (2024-2031).

The global reusable water bottle market is fragmented, with a prominent market player acquiring a sizable portion. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective. 'Thermos LLC', 'Tupperware Brands Corporation', 'SIGG Switzerland AG', 'Nalgene Outdoor Products', 'Brita GmbH', 'Klean Kanteen, Inc.', 'CamelBak Products, LLC', 'Contigo USA', 'S'well Bottle', 'HYDAWAY', 'Zojirushi America Corporation', 'Aquasana Inc.', 'Platypus hydration products', 'Bobble', 'Avex', 'Lifefactory', 'MiiR', 'Ello Products LLC', 'Lock&Lock', 'GSI Outdoors.'

Plastic bottle use over the last 50-60 years has resulted in long-term ecological problems in the form of plastic waste collected in rivers, oceans, and streams, as well as toxins leaking into water bodies. As a result, many conscientious consumers have looked for ways to reduce plastic consumption for both environmental and health reasons, as well as growing demand for environmentally friendly products. To reduce their use of plastic, consumers are abandoning single-use plastic bottles in favour of reusable water bottles. Aside from that, the low cost of reusable water bottles has contributed to market growth.

The growing public awareness of the environmental pollution caused by disposable water bottles is expected to fuel the growth of reusable water bottles. The serious environmental problems associated with single-use and non-disposable water bottles are driving demand for reusable water bottles. Many people all over the world are using these reusable water bottles in offices, schools, colleges, and homes because of their growing desire to live a healthy lifestyle. Reusable water bottles aid in the prevention of landfills, which are a major source of land/soil and groundwater pollution.

Based on region global reusable water bottle market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East Africa. Over the forecast period, the Asia Pacific reusable water bottle market is expected to account for a significant revenue share. The major contributors in this region are China, India, and Japan. Factors such as rising public awareness of rising environmental concerns as a result of long-term use of single-use plastic bottles, a rapidly expanding population, and rising adoption of zero plastic and sustainable reusable water bottles are driving market growth. Furthermore, rapid urbanization, rising per capita income, increased awareness of the importance of staying hydrated, and increased efforts by public and private organizations to reduce single-use plastic while conserving marine life and promoting reusable water bottles are driving market growth in Asia Pacific.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Reusable water bottle market

Report ID: SQSG15G2011

$5,300
BUY NOW GET FREE SAMPLE