AAWireless Is a Must
Aug 26, 2023Man accused accessory to murder arrested in connection homicide
Aug 29, 2023With law change, Louisville sees boom in accessory dwelling units
Aug 22, 2023Resentencing possible for Lampkin: Man who was accessory to 1998 double murder could be set free
Aug 13, 2023Amid USB
Sep 01, 2023Water Bottle Market Size to Worth USD 5.76 Billion by 2030
Key companies covered in water bottle market are Sigg Switzerland AG (Switzerland), Thermos L.L.C. (U.S.), Tupperware Brands Corporation (U.S.), Klean Kanteen (U.S.), CamelBak (U.S.), S'well (U.S.), Contigo Brands (U.S.), Aquasana, Inc. (U.S.), HYDAWAY (U.S.), Thermo Fisher Scientific Inc. (U.S.), and more players profiled.
water bottle market
Pune, India, Aug. 28, 2023 (GLOBE NEWSWIRE) -- The global water bottle market size was valued at USD 4.05 billion in 2022 and is projected to grow from USD 4.19 billion in 2023 to USD 5.76 billion by 2030, exhibiting a CAGR of 4.7% during the forecast period.
A water bottle is a necessary thing to carry as it stores water that helps to keep one hydrated throughout the day. Water hydrates the body and keeps energy levels high. Drinking water can flush out body toxins and permit cells to function normally. The demand for stainless steel water bottles is increasing due to their superior properties such as versatility, durability, aesthetic appeal, and environmental friendliness.
This information is provided by Fortune Business Insights in its report titled "Water Bottle Market, 2023-2030."
Get a Sample Research PDF:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/water-bottle-market-104635
List of Key Players Profiled in the Water Bottle Market Report:
Sigg Switzerland AG (Switzerland)
Thermos L.L.C. (U.S.)
Tupperware Brands Corporation (U.S.)
Klean Kanteen (U.S.)
CamelBak (U.S.)
S'well (U.S.)
Contigo Brands (U.S.)
Aquasana, Inc. (U.S.)
HYDAWAY (U.S.)
Thermo Fisher Scientific Inc. (U.S.)
Report Scope & Segmentation:
Report Attributes
Details
Forecast Period
2023-2030
Forecast CAGR
4.7%
2030 Value Projection
USD 5.76 Billion
Market Size in 2022
USD 4.05 Billion
Historical Data
2019-2021
No. of Pages
180
Report Coverage
Revenue Forecast, Company Profiles, Competitive Landscape, Growth Factors and Latest Trends
Segments Covered
By Product Type
By Material Type
By Distribution Channel
By Region
Regions Covered
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Water Bottle Market Growth Drivers
Growing Awareness of Non-disposable Plastic Bottles and Innovations in Smart Water Bottles
Increasing Consumers’ Sports and Travel Spending to Support the Market
Browse Detailed Summary of Research Report with TOC:
https://www.fortunebusinessinsights.com/water-bottle-market-104635
Report Coverage:
The report offers a detailed study of the market and a keen examination of the significant segments of the market. It provides an in-depth analysis of key players and their insightful strategies to spur market growth for monetary gains. It also shares tangible insights which guide business owners with their investment perspective.
Drivers and Restraints:
Surging Awareness of Non-Disposable Plastic Bottles and Innovations in Smart Water Bottles
Manufacturers are constantly introducing technology-based bottles to attract consumers. Innovations of smart water bottles and attractive features such as drinking alarms and temperature indicators attract consumers and will likely increase product demand during the projected period.
Strict government regulations restricted the supply chain and impacted the market growth negatively. Plastic contains harmful and toxic chemicals, BPA – bisphenol A – a compound known to adversely affect your health, hampering the market growth.
COVID-19 Impacts:
Partial Closure of Manufacturing Plants Hindered the Production of Water Bottles
The outbreak of COVID-19 has affected many businesses and communities worldwide. The closure of manufacturing plants owing to the outbreak of COVID-19 has impacted the supply chain and production of water bottles. The partial closure of hypermarkets, retail stores, and supermarkets affected product sales in 2020.
Segments:
Insulated Water Bottle Segment Holds the Dominant Share Owing to Vacuum Insulation
On the basis of product type, the market is divided into insulated, non-insulated, filter water bottles, infuser water bottles, and others. The insulated water bottle segment holds the dominant share owing to vacuum insulation to keep drinks ice-cold or piping hot for hours.
Plastic Segment to Dominate the Market Share Owing to its Superior Properties
Based on material type, the market is segmented into plastic, stainless steel, glass, and others based on material type. Plastic water bottles are appealing, durable, and often inexpensive and lightweight. These bottles are also cheaper to manufacture than aluminum or steel, or glass, contributing significantly to their popularity and dominating the market share.
Offline Segment to Dominate the Market Owing to a Wide Range Products Available
As per distribution channel, the market is bifurcated into offline and online. Offline segment is anticipated to hold the largest market share due to the wide variety of products available in a single store, such as supermarkets and hypermarkets.
By geography, the global market is segregated into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Regional Insights:
Asia Pacific Dominated the Market Growth Owing to Healthy Lifestyle
Asia Pacific dominated the water bottle market share in 2022. Factors such as lifestyle changes and rapid urbanization contribute to expanding the reusable water bottle market. The increasing engagement of the government to use sustainable and eco-friendly materials is likely to boost the water bottle market growth.
North America and Europe record a significant share owing to the early adoption of stainless steel water containers and high consumption rates connected with hot beverages such as tea and coffee.
Get a Quote Now:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/water-bottle-market-104635
Competitive Landscape:
Prominent Players are Focusing on New Product Launches and Product Innovation
The manufacturers of water bottle are focusing on new product launches & new brands, mergers and acquisitions, and partnerships & expansion for growth in the market. Key players in the market launched innovative and unique drinkware to attract new consumers and boost product sales.
Detailed Table of Content:
Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Emerging Trends
Key Insights
Overview of the Parent/Related Markets
Industry SWOT Analysis
Supply Chain and Regulatory Analysis
Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
Qualitative Analysis (in relation to COVID-19)
Impact of COVID-19
Supply Chain Challenge
Potential Opportunities due to COVID-19
Global Water Bottle Market Analysis, Insights and Forecast, 2019-2030
Key Findings / Summary
Market Size Estimates and Forecast
By Product Type (Value)
Insulated
Non-Insulated
Filter Water Bottle
Infuser Water Bottle
Others (Collapsible Water Bottle, Quencher Tumbler, etc.)
By Material Type (Value)
Plastic
Stainless Steel
Glass
Others (Silicone, Copper, etc.)
By Distribution Channel (Value)
Online
Offline
By Region (Value)
North America
Europe
Asia Pacific
South America
Middle East & Africa
TOC Continued...!
Speak to Our Expert:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/water-bottle-market-104635
Key Industry Development:
February 2021: Hydaway introduced a collapsible water bottle. The bottle is made from silicone and BPA-free plastic and has a soft, pliable construction except for at the mouth and one ring directly in the middle of the bottle.
Read Related Insights:
Small Domestic Appliances Market to Hit USD 271.23 Billion by 2030 | With a 4.92% CAGR
Thermos Bottle Market Size to Worth USD 7.22 Billion by 2030 | With a 4.98% CAGR
North America Baby Bottle Market to Reach USD 356.7 Million by 2028; Increasing Demand for Sustainable Bottles to Stimulate Growth, Says Fortune Business Insights™
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Address:
Fortune Business Insights Pvt. Ltd.
9th Floor, Icon Tower, Baner,
Mahalunge Road, Baner, Pune - 411045,
Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: [email protected]
Follow Us: LinkedIn | Facebook | Twitter
Attachment
water bottle market
Fortune Business Insights"Water Bottle Market, 2023-2030"Get a Sample Research PDF:List of Key Players Profiled in the Water Bottle Market Report: Report AttributesDetailsBrowse Detailed Summary of Research Report with TOC:Report Coverage:Drivers and Restraints:Surging Awareness of Non-Disposable Plastic Bottles and Innovations in Smart Water BottlesCOVID-19 Impacts:Partial Closure of Manufacturing Plants Hindered the Production of Water BottlesSegments:Insulated Water Bottle Segment Holds the Dominant Share Owing to Vacuum InsulationPlastic Segment to Dominate the Market Share Owing to its Superior PropertiesOffline Segment to Dominate the Market Owing to a Wide Range Products AvailableRegional Insights:Asia Pacific Dominated the Market Growth Owing to Healthy LifestyleGet a Quote Now:Competitive Landscape:Prominent Players are Focusing on New Product Launches and Product InnovationDetailed Table of Content:IntroductionExecutive SummaryMarket DynamicsKey InsightsGlobal Water Bottle Market Analysis, Insights and Forecast, 2019-2030TOC Continued...!Speak to Our Expert:Key Industry Development:February 2021: Read Related Insights:About Us:Fortune Business Insights™Address:Phone:USUKAPACEmailFollow Us: Attachment