Reusable Water Bottles Market Material Type (Polymers, Metal, Glass, Silicone and Others), Product Type (Plain, Insulated, Filtered, Collapsible, Infuser, Growlers, and Others), Sales Channel (Supermarkets / Hypermarkets, Specialty Store, Convenience Store and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

According to the report published by Zion Market Research, global demand for Reusable Water Bottles market was valued at approximately USD 8.2 Billion in 2019, and is expected to generate revenue of around USD 12.1 Billion by end of 2026, growing at a CAGR of around 3-4% between 2020 and 2026.

22-Oct-2020 | Number of pages: 110 | Report Code: ZMR-382 | Report Format : | Status : Published

Abstract

According to the report published by Zion Market Research, global demand for Reusable Water Bottles market was valued at approximately USD 8.2 Billion in 2019, and is expected to generate revenue of around USD 12.1 Billion by end of 2026, growing at a CAGR of around 3-4% between 2020 and 2026.

Global Reusable Water Bottles Market: Overview

A reusable bottle of water is usually reused many times by the bottler. Reusable water bottles are used mainly to easily move liquid products such as water, nutritional beverages, tea, cold drinks, and others from one venue to another. It has been confirmed that a wide range of reusable water bottles of various material styles , sizes, patterns, colours and shapes are available on the market. The simple supply, inexpensiveness, and comfort of reusable water bottles have increased the worldwide market for such water bottles.

Global Reusable Water Bottles Market: Growth Factors

Improving people's living conditions around the world is contributing to a lifestyle change. Individuals are becoming more health-conscious and are mindful of the detrimental effects of using non-reusable bottles, thus driving the market. In addition, the growth of this sector has been accelerated by an increase in disposable income and by the use of convenience goods. The global demand for reusable water bottles is gaining momentum due to a wide variety of applications spanning diverse industries. Due to the advantages of products such as recyclability, simple maintenance, and non-reactive, which also tends to extend the shelf life of the commodity, the food and beverage industry is also pushing towards the use of recycled forms.

Global Reusable Water Bottles Market: Segmentation

The Reusable Water Bottles market is fragmented based on material type, product type and sales channel. By material type, the market is divided into polymers, metal, glass, silicone and other. Due to its low production rate, which offers the producers an edge, the plastic held the highest share. However, owing to the concentration of companies on reducing the use of plastic, the share would be decreased. People are becoming conscious of reducing the use of plastic, so other materials are chosen over plastic. On the basis of product type, the market is divided into plain, insulated, filtered, collapsible, infuser, growlers, and others. On the basis of sales channel, the market is segmented into supermarkets / hypermarkets, specialty store, convenience store and others. In 2019, the hypermarket and retail sales system had the highest share in 2019. This category is common because of its advantages, such as the provision of a wide range of goods and styles that effect the buying choice, the presence of a shop partner who helps them select the correct product, and the actual purchase of the product rather than waiting for it to be shipped as in the case of online sales.

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Reusable Water Bottles Market: Regional Analysis

Due to the prevalence of a massive population, heavy use of reusable water bottles, and low production costs in countries such as India and China, Asia Pacific was the largest regional market , accounting for a larger share in 2019. Because of global growth and an increase in disposable income, growth is projected to remain considerable in the coming years.

Global Reusable Water Bottles Market: Competitive Players

Some main participants of the Reusable Water Bottles market are BRITA GmbH, Tupperware Brands Corporation, Klean Kanteen Inc., Contigo, Aquasana Inc., SIGG Switzerland AG, CAMELBAK PRODUCTS LLC, Nalge Nunc International Corp., among others.

Reusable Water Bottles Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions

Over the past few years , the rise in demand for reusable water bottles for sports and travel has accelerated the development of the market for reusable water bottles worldwide. In addition, the cost-effective design of reusable bottles of water has also led to demand development.

According to Zion Market Research, global demand for Reusable Water Bottles market is expected to generate revenue of around USD 12.1 Billion by end of 2026, growing at a CAGR of around 3-4% between 2020 and 2026.

Due to the prevalence of a massive population, heavy use of reusable water bottles, and low production costs in countries such as India and China, Asia Pacific was the largest regional market , accounting for a share of more than 30.0 percent in 2018. Because of global growth and an increase in disposable income, growth is projected to remain considerable in the coming years.

Some main participants of the Reusable Water Bottles market are BRITA GmbH, Tupperware Brands Corporation, Klean Kanteen Inc., Contigo, Aquasana Inc., SIGG Switzerland AG, CAMELBAK PRODUCTS LLC, Nalge Nunc International Corp., among others.

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