By material, metal dominates the market with a share of 33.4% in 2020, in terms of value. Nearly all countries have imposed lockdowns and strict social distancing measures. 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. What are the key driving factors for the Reusable Water Bottle Market? By continuing to visit this site you agree to our use of cookies . Our latest research, perspectives, and insights on the management issues that matter most to the companies and organization about the market, which is leading through the COVID-19 crisis to managing risk and digitizing operations to deliver trusted information and experiences to the decision makers. 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. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation. What is the projected market size & growth rate of the Reusable Water Bottle Market? The market is expected to reach US$ 28 Bn by 2031, expanding at a CAGR of around 7% over the next ten years.. The Asia Pacific is the major dominating region in the reusable water bottle market and is estimated to continue its dominance during the forecast period 2019-2026. We appoint data triangulation strategies to explore different areas of the market. The demand for plastic-based reusable bottles among consumers is increasing owing to the easy availability of a variety of products as a result of the low cost of manufacturing by producers, The online distribution channel segment is expected to grow at the fastest CAGR during the forecast period, The increasing availability of a wide range of products of different brands on e-commerce platforms with services, such as free delivery and seasonal discounts, is among the major factors driving the segment, Asia Pacific accounted for the largest revenue share in 2021 due to the high demand for silicone, glass, and metal bottles in the region as a result of the growing awareness regarding the negative impact of single-use water bottles on marine life and the environment. This is a very good piece of work and will be very helpful to us going forward. Key company market share analysis, 2021 (%), For more information about this report visit https://www.researchandmarkets.com/r/gvcw76, ResearchAndMarkets.com This partnership gave sports enthusiasts access to premium-grade and flat water bottles that they can reuse for work and play. 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. The population around the globe had restricted themselves going out of their home and edge towards confining themselves to their homes which is impacting all the market negatively or positively.According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. There is no language barrier due to our experienced and multi-lingual team of professionals. All Rights Reserved. Unlike other sectors, changes in consumer preferences have led to decrease in the demand growth for several categories of consumer goods. For instance, Memobottle partnered with Australian Open 2021, a tennis tournament, with an aim to enhance its brand reputation in the regional market. Yes, the report has been compiled by expert analysts of Persistence Market Research, through a combination of primary and secondary research. The COVID-19 pandemic has impacted every industry such as Aerospace & Defence, Agriculture, Food & Beverages, Automobile & Transportation, Chemical & Material, Consumer Goods, Retail & eCommerce, Energy & Power, Pharma & Healthcare, Packaging, Construction, Mining & Gases, Electronics & Semiconductor, Banking Financial Services & Insurance,ICT and many more. Interviews have the capability to offer critical insights about the market. For GMT Office Hours Call +353-1-416-8900, Internet Explorer presents a security risk. All rights reserved. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The Global Reusable Water Bottle Market report provides a holistic evaluation of the market. https://www.verifiedmarketresearch.com/download-sample/?rid=38419. Some of the main purposes of using reusable water bottles are to reduce waste, to save money, to protect our health and others. Supermarkets and hypermarkets dominate the sales of reusable water bottles with a share of 34.1% in 2020. Explore Persistence Market Researchs expertise in promulgation of the business ! This type of water bottle is mainly used for carrying fluids such as cold drinks, health drinks, water, tea, and others conveniently from one place to another. All the previous reports are stored in our large in-house data repository. All the research models are customized to the prerequisites shared by the global clients. It extensively finds its application in the working environment, gyms, restaurants, where any individual wishes to carry the water. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally. Well-established firms are considering their operational chains and examining them from both, output and input perspectives. Will Lifestyle Transitioning Augment Demand for Reusable Water Bottles? The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market. Reusable water bottles are widely accepted as an alternative for single-use plastic bottles. The major players are Nalge Nunc International Corp., SIGG Switzerland AG, Tupperware Brands Corporation, CamelBak Products LLC, Aquasana Inc., Contigo, Klean Kanteen Inc., and HYDAWAY. You can buy the report securely and safely. 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. The Australian market is emerging as a competitive market with a massive number of local players and international brands. 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 global reusable water bottle market is segmented into by type, by distributional channel, and by region. Very satisfied with the overall report as it has helped me to build strategies for my business, This is regarding the recent report I bought from 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. The spread of coronavirus has crippled the entire world. This is attributed to the low cost of manufacturing. This way, we are empowered to quantify their impact on the markets momentum. For U.S./CAN Toll Free Call 1-800-526-8630 How Has COVID-19 Restrained Demand Growth of Reusable Water Bottles? We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. Historical Trends vs. Future Market Outlook. Sales in North America would be over 23.5% of total market share over the coming years. The energy sector's increasing preoccupation with a possible environmental crisis has led it to take bold steps toward sustainability. Also, the imposition of stringent government regulation to shift the focus on the Reusable Water Bottle to save the degradation of the environment expects a boost to the market in the coming years. Why are Insulated Water Bottles Gaining Popularity? There are certain restraints and challenges faced which can hinder the market growth. Global Market Study on Luggage - explore share, size, revenue, valuation, CAGR, regional outlook, key players, competitive landscape, top manufacturers & forecast. As the effect of COVID-19 spreads, the overall market has been impacted by COVID-19 and the growth rate has also been impacted in 2019-2020. We value them as a research company worthy of building long-term relationships., Well done Fortune Business Insights! 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. Market estimates and forecast, 2017-2030 (USD Million), Chapter 6. Reusable Water Bottle Market Variables, Trends & Scope, 3.2. During the COVID-19 pandemic, consumers have been refrained from physical shopping and largely opted for online purchases. For instance, this trend has encouraged many new entrants and existing companies, such as 24Bottles, Friendly Cup, and United Bottles, to drive up sales using online traction. Offline market channels such as hypermarket & supermarket distribution channel is estimated to be a greater segment as compared to online distribution channel this is due availability of an immediate purchasable product which are present in large variety as compared to waiting for it to get delivered. 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 size is expected to reach USD 12.61 billion by 2030, registering a CAGR of 4.3%. What segments are covered in Reusable Water Bottle Market Report? Also, the experts gather reliable information from the paid databases. This methodology is based on the use of standard market structure, methods, and definitions. We work with our clients in every step of the work, from exploring the market to implementing business plans. Thank you Fortune Business Insights for your efforts and prompt response, I had a great experience working with Fortune Business Insights. 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. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. The data offered to us was exactly what we were looking for. Reusable Water Bottle Market: Material Type Estimates & Trend Analysis, 5.1. Government regulations and the anti-plastic movement are encouraging consumers to switch to disposable water bottles and prompting manufacturers to develop eco-friendly products. Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. These measures and efforts are being undertaken due to rising input costs and retailer power. 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. Market estimates and forecast, 2017-2030 (USD Million), Chapter 7. They can also use the online reporting software to understand the different key performance indicators. Moreover, due to the advancement of transportation and change in work culture more people are traveling from one state to another or from one country to another this is results in more demand for reusable bottles.

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