Global Reusable Water Bottles Market to Expand at a CAGR of 3.6% Between 2017 and 2025

Albany, USA, 2017-Dec-07 — /EPR Network/-A new report added to the repository of Market Research Reports Search Engine “Reusable Water Bottles Market – Global Industry Analysis and Forecast 2017 – 2025” is a comprehensive repository of information, providing market share, size, and forecast.

Get Free Sample Report@ https://www.mrrse.com/sample/2192

The global market for reusable water bottles is displaying steady growth over the recent years as consumers are increasingly shifting towards reusable water bottles in place of single-use bottles. Reusable water bottles that are made of metal, glass, polymer, or silicone offer high durability and strength that single-use water bottles lack. Product manufacturers are striving to introduce novel products that serve consumer preferences and demands.

The growing awareness to reduce plastic waste is also acting in favor of the growth of reusable water bottles market. Consumers are increasingly switching to reusable water bottles that do not use plastic and the material used can be completely recycled.

However, high portability and easy availability of bottled water makes a solid reason for consumers to refrain from using reusable water bottles.

According to the Research Report the global reusable water bottles market to expand at a CAGR of 3.6% between 2017 and 2025, for the market to become worth US$10.4 bn by the end of 2025 from US$7.6 bn in 2016.

Browse Complete Report with TOC @ https://www.mrrse.com/reusable-water-bottles-market

Increasing Preference for Eco-friendly Products to make Metal Segment Dominant

Depending upon material type, glass, metal, polymer, and silicone are the key segments into which the global reusable water bottles market is divided in this report. Among them, the metal segment is anticipated to lead holding a little more than 33% of the market over the forecast period. However, the polymer segment is anticipated to emerge lucrative displaying a CAGR of 3.9% between 2017 and 2025 vis-à-vis revenue. The growth of polymer segment is anticipated to relatively cheap cost of polymer-based reusable water bottles.

By distribution network, the global reusable water bottles market has been categorized into hyper/supermarket, independent stores, online sales, and others in this market. Among all, the segment of hyper/supermarket is anticipated to hold dominance accounting for a little more than 35% of the overall market during he forecast period 2017 to 2025. The growth of this segment is mainly because of changing lifestyle wherein consumers prefer to purchase household need items under one roof that helps save considerable time. Hyper/supermarkets are also preferred among consumers as they offer promotions and discounts from time to time. On the other hand, independent stores distribution channel is likely to witness a declined market share mainly because of rising popularity of online sales channel. During the forecast period from 2017 to 2025, the market share of online sales channel is likely to grow by 40 basis points.

On the basis of primary usage, the key segment include everyday, sports, travel, and others. Of them, everyday segment is anticipated to witness the leading CAGR of 3.8% between 2017 and 2025. At this pace, the everyday segment will account for 52.1% of the overall market by 2025. The growth of this segment is mainly because of increasing adoption of eco-friendly products to reduce plastic waste.

Send an Enquiry @ https://www.mrrse.com/enquiry/2192

Increasing Purchase of Superior Products due to Rising Disposable Incomes in Emerging Economies to Make Asia Pacific Leader

Geography-wise, the report classifies the global reusable water bottles market into North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. Asia Pacific, among all, is anticipated to lead the market in terms of both value and volume. Vis-à-vis volume, the consumption of reusable water bottles is estimated to be 3,902,642 thousand units in 2017, and further rise to 418,208 thousand units at a CAGR of 4.2% therein.

North America is anticipated to register a healthy 3.3% CAGR over the forecast period between 2017 and 2025.

Tupperware Brands Corporation, CAMELBAK PRODUCTS LLC, Brita GmbH, Nalge Nunc International Corp., S’Well Corporation, Klean Kanteen Inc., SIGG Switzerland AG, Contigo, AQUASANA Inc., Bulletin Bottle, Thermos LLC, O2COOL LLC, Nathan Sports Inc., and Cool Gear International LLC are presently the leading companies operating in the global reusable water bottles market.

Check Discount @ https://www.mrrse.com/checkdiscount/2192

About MRRSE

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us

State Tower
90, State Street
Suite 700
Albany, NY – 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/

Matched content

Editor’s pick

Express Press Release Distribution