reusable water bottle industry analysis

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In China, the market has been booming over the past few years, and is expected to grow significantly in future as well. I appreciate the timeliness and responsiveness of you and your team., A water bottle is basically a vessel that is used to retain any form of liquid, water or other beverages for consumption. Further, reusable water bottles help reduce landfills, which is a major cause of underground as well as groundwater pollution. Further, it helps us in delivering the evidence related to market growth rates. Explore Intelligence Tailored to Your Business Goals. Some of the factors contributing to its dominance include urbanization, moving towards a healthier lifestyle, increasing concern for a sustainable environment and the ability to save money. Reusable water bottles are widely accepted as an alternative for single-use plastic bottles. Moreover, low quality plastic is not only just harmful to the planet, it is also harmful to the bloodstream as well but reusable non-plastic bottles helps to reduce the use of plastic and helps to avoid the intake of leakage of chemical present in low quality plastic bottles. The market is expected to reach US$ 28 Bn by 2031, expanding at a CAGR of around 7% over the next ten years.. We know where we will be getting business intelligence from in the future., Thank you for sending the market report and data. The increasing awareness among the population for the health & hazardous effect of non-reusable bottles is expected to drive the Reusable Water Bottle Market over the predicted years. Full competitive intelligence with SWOT analysis available in the report. >>> Get | Download Sample Report @ https://www.verifiedmarketresearch.com/download-sample/?rid=38419. What is the projected market size & growth rate of the Reusable Water Bottle Market? Also, the 24*7 chat support & direct call services are provided to procure the sample report. To understand the ongoing market trends and to foresee the future market growth patterns. Specialty Store Online Hypermarket & Supermarket Convenience Store Others. Moreover, the extensive use of disposable bottles in sports and public places is discouraged by various campaigns to create awareness among people, which is expected to promote market growth. For GMT Office Hours Call +353-1-416-8900, Internet Explorer presents a security risk. Furthermore, Nowadays the consumer wants their water to be cold in summer and hot or moderate water in winter. Analysts carry out extensive research using both top-down and bottom up methods. Most of the players are focusing on manufacturing products with innovative, high quality, environment-friendly and long-lasting products to foster the growth of the market. Historical Trends vs. Future Market Outlook. Furthermore, leading industries have encouraged the use of sustainable practices in their products, which has placed reusable water bottles in the limelight. Reusable Water Bottle Market: Material Type Estimates & Trend Analysis, 5.1. Remarkable job and great efforts by your research team. Also, their sports authorities are highly conscious of their intake water or beverage which is why sports industry act as one of the major fostering force for the growth of the market. What are the Opportunities for Reusable Water Bottle Manufacturers in Australia? They can also use the online reporting software to understand the different key performance indicators. Reusable Water Bottle Market Variables, Trends & Scope, 3.2. The global reusable water bottle market is segmented into by type, by distributional channel, and by region. By continuing to visit this site you agree to our use of cookies: Banking Financial Services & Insurance Industry, Internet, Communication, Software & Services, ICE, Electric, Hybrid, Autonomous Vehicles, Industrial Motors, Pumps, And Control Devices, Power Generation, Transmission And Distribution, Food & Beverage Logistics, Cold Chain & Packaging, Food & Beverage Processing and Technology, https://www.verifiedmarketresearch.com/ask-for-discount/?rid=38419. These measures and efforts are being undertaken due to rising input costs and retailer power. This methodology is based on the use of standard market structure, methods, and definitions. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally. Different members of the markets value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the research models are customized to the prerequisites shared by the global clients. Key company market share analysis, 2021 (%), For more information about this report visit https://www.researchandmarkets.com/r/gvcw76, ResearchAndMarkets.com For instance, in February 2019, UNICEF and the Ministry of Education Maldives decided to provide reusable water bottles to all the first graders in the Maldives. Based on the Distribution Channel, the market is bifurcated into Specialty Store, Online, Hypermarket & Supermarket, Convenience Store, and Others. East Asia currently leads the global market for reusable water bottles. Many more unique growth factors have been analyzed in detail, while a comprehensive assessment of some of the key challenges for reusable water bottle manufacturers have also been discussed in this new report by Persistence Market Research. Also, the experts gather reliable information from the paid databases. Zhejiang Haers Vacuum Containers Co. Ltd. 1 Gallon and Above Reusable Water Bottles. The higher cost of the reusable bottle as compared to normal plastic bottle act as one of the restraining factor which affects the growth of the market. The market is expected to witness a CAGR of more than 4% during the forecast period of 2021-2031. Yes, the report has been compiled by expert analysts of Persistence Market Research, through a combination of primary and secondary research. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. With the help of embedded analytics, the clients can get details associated with brand analysis. We largely focus on the following parameters for forecasting about the market under lens: We assign different weights to the above parameters. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together in the future, It has been a delightful experience working with you guys. All the interviews are conducted across the globe. This is because consumers are now highly conscious of their health and want to avoid harmful water or food sources that could later hamper their health. All Rights Reserved. Global Art And Sculpture Market - check share, size, revenue, valuation, CAGR, regional outlook, key players, competitive landscape, current trends & forecast. As per Persistence Market Research, global market valuation was around US$ 8.6 Bn in 2020. Distribution Channel Movement Analysis & Market Share, 2021 & 2030, 6.2.1. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts: Since the COVID-19 virus outbreak in December 2019, the epidemic has spread to nearly every country across the globe with the World Health Organization (WHO) announced coronavirus disease 2019 (COVID-19) as a pandemic. In addition, increasing environmental awareness among consumers is likely to remain the fundamental driver for the market. Privacy Policy. The Global Reusable Water Bottle Market is Segmented on the basis of Type, Distribution Channel, and Geography. What are the top players operative in Reusable Water Bottle Market? Moreover, the rise in income level, the higher standard of living and application of excellent advertising strategies also contribute to the propelling demand of the product in this region. This is because every athlete or sportspeople need their bottle to cool them down while they are doing their game or training. Yes, you can request a sample, and it will be sent to you through an email. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques. Different elements of research methodology appointed by our experts include: Market is filled with data. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. Due to this shift, companies are refocusing their efforts toward the development of good-looking, yet reusable water bottles, in order to increase their sales in the market. By material, metal dominates the market with a share of 33.4% in 2020, in terms of value. Manufacturers are offering these material with a BPA-free tag. In order to reduce the use of plastic, consumers are ditching the use of single-use plastic bottles and replacing them with reusable water bottles. Regional Movement Analysis & Market Share, 2021 & 2030, 8.1. The report also has a detailed regional analysis. For a full list of primary respondents, please reach out to us. In light of this, building new strategic relations with essential players or suppliers to achieve new levels of efficiency is likely to help players cut down on operating costs. To know more about the Research Methodology and other aspects of the research study, kindly Get in touch with our sales team. Different demographics are analyzed individually to give appropriate details about the market. There is no language barrier due to our experienced and multi-lingual team of professionals. press@researchandmarkets.com Key global players, recent developments & their impact on the industry, 8.2. For instance, in January 2016, Zhejiang Haers Vacuum Containers Co., a leading producer of high-quality stainless steel vacuum bottles, acquired 100% of the Swiss company SIGG, a renowned brand in the bottle industry. Nearly all countries have imposed lockdowns and strict social distancing measures. All Rights Reserved. Government regulations and the anti-plastic movement are encouraging consumers to switch to disposable water bottles and prompting manufacturers to develop eco-friendly products. For U.S./CAN Toll Free Call 1-800-526-8630 Rise of e-Commerce and smart devices, easy payment options, and discounts are the main factors contributing to the growth of this segment. Moreover, collaborations and acquisitions of small companies are further accelerating market growth. North America is projected to be the second dominating owing to the increasing growth of the sports industry in this region. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive, Please pass on our sincere thanks to the whole team at Fortune Business Insights. Based on Regional Analysis, the Global Reusable Water Bottle Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Growing health concerns and simultaneously rising awareness regarding product availability of reusable water bottles are expected to drive demand growth during the forecast period. All rights reserved. The increasing awareness among the population for the health & hazardous effect of non-reusable bottles and the inclination towards a healthy lifestyle is expected to drive the Reusable Water Bottle Market over the predicted years. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period. We use cookies to enhance your experience. The increasing awareness among the population for the health & hazardous effect of non-reusable bottles and the inclination towards a healthy lifestyle is expected to drive the Reusable Water Bottle Market over the predicted years. Global tobacco/no flavor segment accounts for a significant share of revenue in the Europe cigar and cigarillos market and is likely to register high growth rate during 20162024. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, "Reusable Water Bottle Market Size, Share & Trends Analysis Report by Material Type (Glass, Plastic, Stainless Steel), by Distribution Channel (Supermarkets & Hypermarkets, Online), by Region, and Segment Forecasts, 2022-2030", https://www.researchandmarkets.com/r/gvcw76, The plastic segment is projected to register the fastest growth rate during the forecast period. DUBLIN--(BUSINESS WIRE)--The "Reusable Water Bottle Market Size, Share & Trends Analysis Report by Material Type (Glass, Plastic, Stainless Steel), by Distribution Channel (Supermarkets & Hypermarkets, Online), by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering. Unlike other sectors, changes in consumer preferences have led to decrease in the demand growth for several categories of consumer goods. How is Growing Demand for Environmentally-Friendly Products Driving Demand Sales of Reusable Water Bottles? This partnership gave sports enthusiasts access to premium-grade and flat water bottles that they can reuse for work and play. The largest share in the market will be dominated by the Asia Pacific owing to the low cost of manufacturing in countries like India & China, large population base, and the use of Reusable Water Bottles. This scenario has driven the manufacturers to distribute their products via online channels, promoting the usage of reusable water bottles through the online distribution channel. The collected data includes market dynamics, technology landscape, application development and pricing trends. These factors have powered demand for reusable water bottles, globally. According to Forbes July 2017, people buy a million plastic bottles per minute worldwide and out of that 91% of all plastics are not being recycled. Supermarkets and hypermarkets dominate the sales of reusable water bottles with a share of 34.1% in 2020. Reusable Water Bottle Market: Distribution Channel Estimates & Trend Analysis, 6.1. Get going with a plethora of our upcoming and published reports. Sleeve labels market revenue totalled US$ 13.2 Bn in 2020, according to Persistence Market Research. Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors Provision of market value (USD Billion) data for each segment and sub-segment Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions Includes an in-depth analysis of the market of various perspectives through Porters five forces analysis Provides insight into the market through Value Chain Market dynamics scenario, along with growth opportunities of the market in the years to come 6-month post sales analyst support. Sales of reusable water bottles are poised to increase at a steady CAGR of more than 4% over the next ten years, and cross a valuation of US$ 13.8 Bn by 2031. Rising concerns regarding various health problems such as reproductive problems, gastrointestinal diseases, and neurological disorders caused due to the consumption of contaminated water is a major factor driving demand for reusable water bottles in the country. This is a very good piece of work and will be very helpful to us going forward. Competitive landscape and component benchmarking, Market revenue estimates and forecast up to 2027, Market revenue estimates and forecasts up to 2027, by technology, Market revenue estimates and forecasts up to 2027, by application, Market revenue estimates and forecasts up to 2027, by type, Market revenue estimates and forecasts up to 2027, by component, Regional market revenue forecasts, by technology, Regional market revenue forecasts, by application, Regional market revenue forecasts, by type, Regional market revenue forecasts, by component, Impact on each country and various region, Positive and negative scenarios of the market during the ongoing pandemic, Impact on various sectors facing the greatest drawbacks are manufacturing, transportation and logistics, and retail and consumer goods. Analysts use correlation, regression and time series analysis to deliver reliable business insights. There has been a marked shift in consumers in favour of safe, healthy, and refreshing water that is free from any kind of bacteria or germs. Last piece of the market research puzzle is done by going through the data collected from questionnaires, journals and surveys. Increasing growth of sports industry owing to propel more demand of reusable bottles. Due to this, the majority of the leading players in the market have adopted new strategies, which are commonly driven by the need to improve the consumer experience. Well-established firms are considering their operational chains and examining them from both, output and input perspectives. This helps in exploring the market from different dimensions. Reusable Water Bottle Market Report Highlights, Chapter 3. According to Economic Times, in India, Union Minister for Consumer Affairs, Food and Public Distribution has declared the order to his departments to come up with replacements of plastic water bottles. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites. Some of the main purposes of using reusable water bottles are to reduce waste, to save money, to protect our health and oth, 2020 Fortune Business Insights . You can buy the report securely and safely. Demand for reusable water bottles in the U.S. is estimated to grow significantly over the coming years. Laura Wood, Senior Press Manager To know more about how the research was conducted, you canspeak to a research analyst. Hypermarket & Supermarket is predicted to hold the most significant CAGR in the forecasted period due to the availability of a large variety of products under one roof and the availability of a store associate helping consumers in choosing the right products. The last step of the report making revolves around forecasting of the market. North America Europe Asia Pacific Rest of the world. https://www.fortunebusinessinsights.com/reusable-water-bottle-market-102574, Europe (France, Germany, Italy, Spain, U.K., Russia, and Rest of Europe), Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific), South America (Brazil, Argentina, and Rest of South America), Middle East & Africa (South Africa, UAE, and Rest of ME&A), Granular Research on Specified Regions or Segments, Companies Profiled based on User Requirement, Broader Insights Pertaining to a Specific Segment or Region, Breaking Down Competitive Landscape as per Your Requirement, Other Specific Requirement on Customization. The Global Reusable Water Bottle Market report provides a holistic evaluation of the market. Persistence Market Research has profiled the following prominent manufacturers in its report: *The list is not exhaustive, and only for representational purposes. The Plastic segment is expected to hold the largest market share. Use of plastic bottles from over 50-60 years has created long-term ecological problems in the form of plastics waste collected in rivers, oceans, streams, and leaking toxins into water bodies. The factors can be attributed to the low cost of manufacturing by producers and greater life expectancy of the plastic Reusable Water Bottles. Furthermore, there is an increasing shift in consumer preference toward stainless steel and glass water bottles due to their health benefits. The report was very accurate and as per my requirements. Plastic is projected to hold the major share in the market this is due to low manufacturing and material cost and which results in the production of a cheaper product that drives more demand as compare to other segments. A water bottle is basically a vessel that is used to retain any form of liquid, water or other beverages for consumption. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report.

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