Reusable Water Bottle Market Growth Scenario, Trends, Competitive Analysis and Forecasts to 2027

pranit savgave

Nov 8, 2022 • 4 min read

Reusable Water Bottle Market

Reusable Water Bottle Market Overview:

The Reusable Water Bottle Industry Report from Stellar Industry Research provides readers with a thorough analysis of the global market environment. Using 2020 as the base year and historical data from 2016 to 2019, this Reusable Water Bottle Market study examines the situation from 2021 to 2027. By giving customers a variety of research-based information, this study assists them in making important business decisions.

A reusable bottle is one that may be used again, either by the original bottler or by the end-user. Consumers have been more interested in reusable bottles for environmental and health reasons. Reusable water bottles are useful for a variety of reasons, including reducing waste, saving money, and protecting health. It decreases bottle waste since a reusable water bottle may be reused multiple times, resulting in less waste and so acting as a propelling product that helps to protect the environment. reusable water bottle market report is studied and analysed on the basis of segment analysis by material, distribution channel and region.

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Reusable Water Bottle Market Dynamics:

Reusable plastic water bottles are the most widely acknowledged alternative to single-use plastic water bottles. These materials are increasingly being labeled as BPA-free by manufacturers. Bisphenol A (BPA) is a chemical molecule that has been linked to cancer. Due to the health benefits of glass and stainless steel water bottles, there is a growing movement in consumer choice. Glass bottles are largely contamination-free, even after multiple washes because the substance does not disintegrate even after prolonged usage.

Because of the rising popularity of single-use water bottles, these bottles are increasingly being abandoned in landfills. More than 60 million plastic bottles are discarded every day in the United States alone. Only a small percentage of them make it to a recycling center, leaving millions scattered on city streets, waterways, and public spaces. As a result, not only is the environment being polluted but our aquatic wildlife is also being threatened. These factors are driving the demand for the product in the reusable water bottle market.

Reusable Water Bottle Market Segmentation:

With a 37% market share in terms of material in 2020, plastic dominated the market for reusable water bottles. This can be attributed to the low manufacturing costs for producers. As the lifespan of plastic reusable water bottles has increased, consumer interest in using them has grown, fueling the segment's expansion. After five years of use, which is the bare minimum life expectancy of plastic-based reusable water bottles, purchasing a reusable bottle for USD 20 can save you up to USD 6,270 compared to purchasing throwaway plastic bottles. Reusable plastic bottles are becoming more and more common as a more convenient and environmentally friendly alternative to the 42.6 million plastic bottles that are purchased annually in the United States.

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Reusable Water Bottle Market Key Players:

CAMELBAK PRODUCTS LLC (California, United States)
Nalge Nunc International Corp. (NY, United States)
Klean Kanteen Inc. (California, United States)
Thermo Fisher Scientific Inc. (Massachusetts, United States)
Aquasana Inc. (Texas, United States)
Contigo (Chicago, IL)
HYDAWAY (OR, United States)
BRITA India (Karnataka, India)

COVID-19 Impact Analysis on Reusable Water Bottle Market:

The Global Reusable Water Bottle Market Research Report provides a sector overview based on important factors such as sales volume, revenue, and sales forecasting, as well as key drivers. The market is anticipated to expand significantly over the anticipated time frame (2021-2027). This study also includes the most recent market ramifications of COVID-19. The outbreak's global spread has significantly impacted people's lives. As a result, industries have been compelled to adopt new behaviours, patterns, and strategies. The case study makes an effort to depict the present and potential expectations of the market.

About Stellar Market Research:

Stellar Market Research is a market research and consulting firm that provides syndicated and custom research reports in addition to consulting services. The main goal of the company's products is to assist businesses in identifying, focusing on, and analysing changes in consumer behaviour across demographics and industries to assist them in making better business decisions. In order to provide relevant and fact-based research, the company conducts market intelligence studies in a variety of industries, including healthcare, touch points, and energy. With experience in many different industries, Stellar Market Research has a sizable staff of highly qualified analysts. Clients can gain a competitive advantage over their rivals thanks to the company's subject-matter expertise and capacity to provide a workable solution to any research problem.

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