Reusable Water Bottles Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

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Reusable Water Bottles Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

Status : May, 2020 | Chemical & Materials | PPT format

Report Digest

Global Reusable Water Bottles Market: Overview

As compared to bottled water, the reusable water bottles are preferred more for the hydration purposes in several parts of the world. Such preference is primarily owing to eco-friendly and refillable properties of the reusable water bottles. The global reusable water bottles market is likely to witness substantial growth over the timeframe of forecast.

The global reusable water bottles market has been segmented on the basis of material type, distribution channel, and region. The sole purpose of this study is to provide a deep insight into the market.

Global Reusable Water Bottles Market: Notable Developments

The global reusable water bottles market has come across many developments over the last few years. These market developments suggest a trend and give an idea about the growth factors of the global reusable water bottles market. One of many such development is mentioned below:

  • In November 2018, Middleton Partners owned Maurice Sporting Goods has made acquisition of Chicago-based O2COOL, LLC. The latter manufactures outdoor accessories, water-cooling hydration bottles, and portable fans. Following this acquisition, Middleton Partners is planning to make use of the synergies of O2COOL, LLC and expand its product portfolio.

Some of the key market players of the global reusable water bottles market are

  • Nalge Nunc International Corporation
  • Camelbak Products, LLC
  • Tupperware Brands Corporation
  • Thermos L.L.C.
  • Zhejiang Haers Vacuum Containers Co. Ltd.
  • Newell Brands

Global Reusable Water Bottles Market: Growth Drivers

Increased Need to Reduce Carbon Footprint in the Environment Bolsters its Demand

The global reusable water bottles market is likely to prosper on the back of the initiatives taken to save the planet from the harmful effects plastic. As per an estimation, a reusable water bottle needs to be used on an average of 80 times before obtaining a carbon footprint that is lower than that of single use ones.        

The global reusable water bottles market is also impacted by the hectic lifestyle of the people. In addition, rapid urbanization is another significant factor of growth for the market in the years to come. Consumers are slowly shifting away from the traditional water bottles and are taking up smart reusable bottles. These smart bottles not only quench thirst for water but also are easy to carry. The reasons for the popularity of such water bottles lie in the smart features of those reusable water bottles. The bottles track the daily intake of water and it also remind consumers to drink water. As such,  reusable bottles with smart features are gaining traction amongst the young working class. Health consciousness coupled with convenience is likely to drive the global reusable water bottles market in years to come.

On the other hand, the global reusable water bottles market is anticipated to be impeded by the high prices of these bottles.

Global Reusable Water Bottles Market: Regional Outlook

In terms of region, the global reusable water bottles market is split into the major regions of Middle East and Africa, North America, Europe, Asia Pacific, and Latin America. Asia Pacific is likely to emerge as one of the leading segments of the global reusable water bottles market. Presence of a large pool of young working class together with rising disposable income is likely to propel growth of the regional market in the years to come.

The global reusable water bottles market is segmented as:

Material Type

  • Plastic
  • Silicone

Distribution Channel

  • Hypermarket and Supermarket
  • Online

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

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