Reusable Water Bottle Market Is Set To Witness Exponential Growth In Demand Over The Coming Years

With the ongoing restrictions on mass gatherings and large events due to Covid-19, there has been a bearish trend in the global demand for reusable water bottles. Manufacturers of reusable water bottles have narrowed down production due to the fall in purchase statistics of reusable water bottles as well as disrupting supply chains. At-home utilization of reusable water bottles remains consolidated, but out-of-home utilization in sports and travel related activities has almost come to a standstill which earlier generated the highest margins.

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Demographic and Social Changes to Heighten Demand for Reusable Water Bottles

The global reusable water bottle market is projected to be valued at more than US$ 11Bn by 2030, with a CAGR of over 4% during the forecast period. The key factor facilitating demand for reusable water bottles have been the social initiatives such as ‘Refill the Planet’. Global campaigns to reduce the number of plastic bottles is creating notable demand for reusable water bottles. Another primary driver forwarding the reusable water bottles market is the damaging effects of one time use plastic bottles. Moreover, the growth in mass sporting events in the last decade has led to high demand for reusable water bottles especially in the western nations.

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Key Takeaways of Reusable Water Bottle Market Study

• APEJ is anticipated to give impetus to the reusable water bottle market with the highest growth rate of over 4% during the forecast period. The general spike in mountaineering and outdoor sports activities after the cessation of the Covid-19 outbreak in the region will attribute to such growth
• Polymer based reusable water bottled acquired the most shares (~30%) within the material type segment due to the easy availability of polymer substances and the low cost of manufacturing
• With the recent Covid-19 pandemic however, the global export of polymer substances have slowed down which is expected to affect sales of the polymer reusable water bottles
• Supermarkets / Hypermarkets take the lead within the sales channel segment, accumulating a share of more than 30%.

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Reusable Water Bottle Market: Segmentation

FactMR’s study has done the segmentation of the reusable water bottle market on the basis of material, product, primary usage, size, sales channel and region

Material Type

• Polymers
• Metals
• Glass
• Silicone

Product Type

• Plain
• Insulated
• Filtered
• Collapsible
• Infuser
• Growlers
• Other
• Water
• Bottles

Primary Usage

• Everyday
• Sports
• Travel
• Other Utilities

Size

• 8-12 Oz
• 16-27 Oz
• 32 Oz
• 40 Oz
• 64 Oz
• 1 Gallon and Above

Sales Channel

• Supermarkets / Hypermarkets
• Independent Stores
• E-Commerce
• Other Channels

Key Country-wise Inclusions

• US Reusable Water Bottle Market Market
  • Canada Reusable Water Bottle Market Market Sale
  • Germany Reusable Water Bottle Market Market Production
  • UK Reusable Water Bottle Market Market Industry
  • France Reusable Water Bottle Market Market
  • Spain Reusable Water Bottle Market Market Supply-Demand
  • Italy Reusable Water Bottle Market Market Outlook
  • Russia & CIS Market Analysis
  • China Reusable Water Bottle Market Market Intelligence
  • India Reusable Water Bottle Market Market Demand Assessment
  • Japan Reusable Water Bottle Market Market Supply Assessment
  • ASEAN Reusable Water Bottle Market Market Scenario
  • Brazil Reusable Water Bottle Market Market Sales Analysis
  • Mexico Reusable Water Bottle Market Market Sales Intelligence

Report Benefits & Key Questions Answered

• Reusable Water Bottle Market Market Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
• Reusable Water Bottle Market Market Historical volume analysis: The report provides a comparison of Reusable Water Bottle Market Market historical sales and projected sales performance for 2021-2031.
• Reusable Water Bottle Market Market Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Reusable Water Bottle Market Market It carefully gauges the impact of changing healthcare needs of key demographics globally
• Reusable Water Bottle Market Market Consumption by demographics: The report investigates consumer behavior affecting Reusable Water Bottle Market Market demand outlook for the assessment period. Effect of their keenness for digital trends on Reusable Water Bottle Market Market is  carefully analyzed
• Post COVID consumer spending on Reusable Water Bottle Market Market Consumption: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Reusable Water Bottle Market Market growth.

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