Reusable Water Bottle Market Growth Analysis and Demand Forecast till 2030

Posted on 2022-06-01 by researchinsights in Consumer Services, Retail // 0 Comments

San Francisco, California , USA, June 01, 2022 — /EPR Network/ —

Reusable Water Bottle Industry Overview

The global reusable water bottle market size was valued at USD 8.64 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.3% from 2022 to 2030.

The growing awareness regarding the environmental hazard has motivated people to take on the responsibility of reducing their contribution to the plastic problem. As a result, a large number of consumers across the globe have been replacing single-use plastic bottles with reusable water bottles. Moreover, the COVID-19 home isolation guidelines have, nevertheless, spurred the demand for various kitchen products, including reusable bottles. According to a blog post by Klarna, millennials and Generation X used a large portion of their income on home and garden products during the lockdown.

Gather more insights about the market drivers, restrains and growth of the Global Reusable Water Bottle market

These items included drinkware, kitchenware, as well as other household products. Consumers across the globe are increasingly opting for reusable water bottles at workplaces, colleges, schools, and homes. These reusable bottles reduce the plastic burden on landfills, the main cause of groundwater pollution. Moreover, growing awareness regarding the harmful environmental effects of non-disposable and single-use plastic bottles, as well as a significant increase in plastic waste in oceans and landfills, is promoting the use of reusable water bottles. Moreover, governments of various countries are taking initiatives to ban single-use plastic bottles and instead promote reusable ones made of glass, metals, and other eco-friendly materials that are safe to use.

For instance, Australia, Canada, the U.S., and some states of India have banned single-use plastic water bottles, thereby opening up new growth avenues for reusable bottles. In addition, the high inclination of people towards outdoor activities and picnics in open spaces, neighborhood parks, and public trails also indicates strong growth prospects for reusable bottles of all kinds. For instance, according to the 2021 Maru Voice Canada survey, around 52% of Canadians are more likely to increase their frequency of participation in outdoor recreational activities.

Browse through Grand View Research’s Homecare & Decor Industry Research Reports.

Laundry Care Market – The global laundry care market size was valued at USD 96.7 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.5% from 2022 to 2028.
Kitchen Sinks Market – The global kitchen sinks market size was valued at USD 3.2 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.5% from 2022 to 2030.

Reusable Water Bottle Market Segmentation

Grand View Research has segmented the global reusable water bottle market based on component, security type, solution, services, deployment, organization size, application, and region:

Reusable Water Bottle Material Type Outlook (Revenue, USD Million, 2017 – 2030)
- Glass
- Stainless Steel
- Plastic
- Silicon
- Others
Reusable Water Bottle Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)
- Specialty Stores
- Convenience Stores
- Supermarkets & Hypermarkets
- Online
Reusable Water Bottle Regional Outlook (Revenue, USD Million, 2017 – 2030)
- North America
- Europe
- Asia Pacific
- Central & South America
- Middle East & Africa

Market Share Insights

February 2021: Hydaway launched a new version of its collapsible bottle that fits in the pocket. It is available in two sizes of 25 ounces and 17 ounces and features a standard cap lid and a useful spout lid. The bottle is made from BPA-free plastic and silicone.
August 2020: Nalgene launched a new line of reusable water bottles under the brand name Nalgene Sustain. The water bottles are made of 50% recycled content and waste plastic.

Key Companies profiled:

Some prominent players in the global reusable water bottle market include

Tupperware Brands Corp.
SIGG Switzerland AG, GmbH
CamelBak Products, LLC
Klean Kanteen
Contigo
Aquasana Inc.
Hydaway
Nalgene
S’well

Order a free sample PDF of the Reusable Water Bottle Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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