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Reusable Water Bottles Market By Material Type (Glass, Stainless Steel, Plastic, Silicon, Others) By Distribution Channel (Specialty Stores, Convenience Stores, Supermarkets & Hypermarkets, Online) By Material Type (Polymer, Metal, Glass, Silicon) By Usage Type (Daily Use, Sports, Travel) By Sales Channel (Hypermarket/Supermarket, Online Store, Others) - Growth, Share, Opportunities & Competitive Analysis, 2016 – 2028

What is the Global Consumption of Reusable Water Bottles?

The global consumption of Reusable Water Bottles increased to more than 481.6 billion bottles in 2021 and is projected to witness substantial growth in the near future. The Asia Pacific dominated worldwide market consumption in 2021, with China leading the charge. Raw material availability, low manufacturing costs in emerging economies like India and China, rapid urbanization, an ever-increasing population, and rising personal disposable income are all major market growth drivers.

What is the Market Size of Reusable Water Bottles in terms of value?

Global Reusable Water Bottles Market is projected to increase at a significant CAGR of 3.9% in the coming years. In 2021, the global reusable water bottles market was valued at USD 8294.9 million and is projected to reach USD 10435.2 million by 2028. The demand for reusable water bottles is projected to increase substantially in the coming years. It is presumed to generate revenue opportunities for the key industry players worth USD 2140.3 million during the forecast period between 2022 and 2028.

How is the rising demand for environmentally friendly products driving reusable water bottle sales? 

Over the previous 50-60 years, the widespread use of plastic bottles has resulted in long-term environmental issues such as plastic debris accumulating in rivers, oceans, and streams and poisons pouring into water bodies. As a result, many environmentally conscious consumers have looked for ways to limit their plastic usage for both environmental and health reasons, as well as growing demand for ecologically friendly items. As a result, consumers are abandoning single-use plastic bottles in favor of reusable water bottles to limit their plastic consumption. Aside from that, the cost-effectiveness of reusable water bottles has also aided industry expansion. 

Interesting Facts about the Reusable Water Bottles Industry

  • China, India, and Vietnam are the top 3 countries for reusable water bottle exports.
  • The top 3 importers of reusable water bottles are Vietnam, the United States, and India.
  • The reusable water bottle industry is growing due to the rising demand for packaged beverage items. Moreover, other indirect factors driving the reusable water bottle market growth rate include the proliferation of the e-commerce industry, particularly in developing economies, growing consumer awareness of environmental values, increasing westernization, modernization, urbanization, ever-increasing global population, and increasing personal disposable income.
  • Fluctuations will hamper the reusable water bottle market's growth rate in the cost and availability of raw materials used in packaging. The higher cost of these bottles compared to conventional items will slow the market growth rate for reusable water bottles. 
  • Asia Pacific region had a major share in terms of volume and value in the global reusable water bottles market in 2021 and is projected to continue its dominance over the forecast period.
  • Plastic material type to witness high growth during the forecast period due to producers' cheap manufacturing costs.

Who are the Top 10 players/companies in reusable water bottles market in term of value and volume?

The key players in the global reusable water bottle market in terms of value and volume include Tupperware Brands Corporation, SIGG Switzerland AG, GmbH, CamelBak Products, LLC, Klean Kanteen, Contigo, Aquasana Inc., Hydaway, Nalgene, and S'well. These key players are concentrating on new product developments as well as technological innovation to enhance their production of reusable water bottles to gain a competitive market share at a global level. Moreover, some regional and country-level players are financing heavily to expand their product portfolio and to reinforce their sales. For instance, in 2021, Nestlé S.A., a Swiss multinational food and beverage manufacturing company, teamed up with Ecologic Powered by Jabil, a California-based start-up specializing in packaging eco-design. This collaboration resulted in the development of the Vittel® GO natural mineral water bottle, which is manufactured entirely of recycled plastic and is protected by a protective covering made entirely of recycled cardboard and old newspapers. Additionally, in September 2021, the MOO Water Bottle was created by MOO Inc., a digital print and design company, to assist them to expand their brand into the luxury sector. The company sells its water bottle line across the United States, which comes in various colors and can be customized with various logos.

Who are the Top 10 Countries in the Reusable Water Bottles Market?

The major countries in the global reusable water bottles market are the United States, Canada, Germany, the United Kingdom, Switzerland, China, Japan, India, Australia, and Saudi Arabia. With its massive manufacturing units and population base, East Asia, particularly China, is seeing a surge in the use of reusable water bottles. The market in China has been increasing in recent years, and it is likely to continue to do so in the future. Manufacturers have a lot of opportunities to develop new items in the Chinese market because of the low manufacturing costs. Furthermore, the launch of new goods with novel, sophisticated features, as well as acquisitions and mergers, are projected to provide market players with new opportunities.

Which is the Key Material Type in the Reusable Water Bottles Market?

In terms of revenue, the plastic material type segment dominated the market in 2021, accounting for over 35.5 percent of total sales. This can be attributed to the low manufacturing costs of the producers. Consumer interest in reusable water bottles has increased as the life expectancy of plastic reusable water bottles has increased, encouraging the segment's growth. Traditional plastic bottles have an advantage over reusable plastic bottles. Furthermore, according to an Earth Day blog published in 2021, over one million plastic bottles are purchased in the United States every minute.

What are the Major Driving Factors for Reusable Water Bottles Market?

The reusable water bottle industry is growing due to rising demand for packaged beverage items. The attractive package styles given by the packing and manufacturing industry to the beverage industry, as well as the growth and expansion of the food and beverage industry, will drive up the market value of reusable water bottles. Other indirect factors driving the reusable water bottle market growth rate include the proliferation of the e-commerce industry, particularly in developing economies, growing consumer awareness of environmental values, increasing westernization, modernization, urbanization, ever-increasing global population, and increasing personal disposable income. 

What are the Major Restraints for Reusable Water Bottles Market?

Fluctuations will hamper the reusable water bottle market's growth rate in the cost and availability of raw materials used in packaging. The higher cost of these bottles compared to conventional items will slow the market growth rate for reusable water bottles. The rate of growth of the reusable water bottle market will also be slowed by rising environmental concerns and rigorous rules governing the use of plastic. 

Which Region Dominated the World Reusable Water Bottles Market?

In 2021, Asia Pacific dominated the global market, accounting for more than 39.00 percent of total sales. Recognizing the risks of plastic water bottles, the government is urging manufacturers to employ environmentally friendly and sustainable materials, a trend that is expected to encourage people to use reusable water bottles. This initiative is anticipated to boost the regional market's growth. Other factors contributing to market expansion include rapid urbanization and a shift in lifestyle. People are opting for reusable water bottles over disposable water bottles as they strive for a healthier lifestyle and a more sustainable world. Furthermore, efforts being made worldwide to protect marine life from the toxic plastic discarded in the oceans are pushing the trend. 

However, due to the increased number of people participating in various outdoor activities, which supports product demand as a sustainable replacement for single-use plastic bottles, North America is anticipated to rise at a gentle CAGR over the forecast amount. This tendency can be due to consumers' growing knowledge of the negative consequences of utilizing filled mineral water bottles for outdoor activities.

Segmentation of Global Reusable Water Bottles Market -

Global Reusable Water Bottles Market – By Material Type

  • Glass
  • Stainless Steel
  • Plastic
  • Silicon
  • Others

Global Reusable Water Bottles Market– By Distribution Channel

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

Frequently asked questions about global Reusable Water Bottles industry

respiratory droplets transfer COVID-19, thus reusable water bottles are being scrutinized for transmitting the rare pathogen. These discoveries area unit having a control on demand for reusable water bottles. Consumers are opting for single-use or sealed water bottles since reusable water bottles must be sterilized every 20 minutes while traveling. Despite the fact that people are recommended to use sealed water bottles when traveling, people in households prefer reusable water bottles.

Asia Pacific accounted for the highest share in the global reusable water bottles market in terms of value and volume.

Changes in consumer choices, lifestyles, and standard of living due to increased personal disposable income, particularly in developing countries, are expected to accelerate the expansion of the global reusable water bottle market throughout the forecast period.

Plastic material type had a major share in 2021 with more than 35.5% of the market revenue share.

Supermarkets and Hypermarkets segment dominated the global market in 2021with 38% revenue share and is projected to continue its dominance over the forecast period.

Reusable Water Bottles Market Scope

Report Attribute Details
Market Value in 2021 USD 2140.3 million
Market Value in 2028 USD 10435.2 million
CAGR 3.9%
Benchmarking Year 2021
Past data 2016 – 2021
Forecast period 2022 – 2028
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Trusted By
Godaddy
Published Date:  Aug 2022
Category:  Consumer Goods
Report ID:   58173
Report Format:   PDF
Pages:   180
Rating:    4.8 (80)
Delivery Time: 24 Hours to 48 Hours   
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