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