Reusable water bottles are mainly used to carry liquid material or water from one place to another. Food and beverages industries use these bottles in case of sold liquid products such as health drinks, cold drinks, tea, juices, water, and many others. However, the market for reusable water bottles is expanding worldwide in terms of materials, designs, size, features, and shape.
The use of reusable water bottle will rapidly grow in the near future owing to online shopping trends and easy availability. This is turn will augment the reusable water bottle market in future. Cut throat competition enables companies to reduce prices remarkably results in increasing demand for reusable water bottles. The reusable water bottles come in the variety of designs, features, shape, size, and material drives the market in near future. Rapidly changing demographics may stimulate the demand for reusable water bottles across the globe. Stringent government regulations over recycling of material may hamper the market growth in future.
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Reusable Water Bottles Market Classification
Global Reusable Water Bottles Market by Material Type
Glass
Metal
Polymer
Silicone
Global Reusable Water Bottles Market by Distribution Network
Hyper/Supermarkets
Independent Stores
Online Sales
Others
Global Reusable Water Bottles Market by Primary Usage
Everyday
Sports
Travel
Others
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Global Reusable Water Bottles Market by Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Asia Pacific was the largest regional market, accounting a share of more than 30.0% in 2018 owing to presence of a large population, extensive use of reusable water bottle, and low cost of manufacturing in countries like India and China. The growth is expected to remain significant in the coming years due to economic growth and increase in disposable income.
Urbanization and change in lifestyle are other factors contributing to the market growth across the world. People are inclining towards a healthy lifestyle and are thinking towards a sustainable environment, thus preferring reusable water bottles over the ordinary disposable ones. Moreover, initiatives taken across the world to save the marine life from the harmful plastic disposed in the oceans are driving the market.
Some of the key players operating in the global reusable water bottles market that are included in the report are CamelBak Products, LLC, BRITA GmbH, Klean Kanteen, Inc., Tupperware Brands Corporation, Contigo, SIGG Switzerland AG, Aquasana, Inc., Bulletin Brands, Inc., Thermos L.L.C., Nalge Nunc International Corp, S-Well Corporation, O2COOL, LLC, Nathan Sports, Inc., and Cool Gear International LLC USA, Inc.
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A recent market study published by Fact.MR provides a holistic analysis of various trends, drivers, and restraints of the reusable water bottles market.
According to the Fact.MR study, the reusable water bottles market will envisage 3.1% y-o-y over 2017 to exceed US$ 8,347 million by the end of 2018.
The Fact.MR study remains bullish on the continual rise in demand for reusable water bottles, as growing environmental concerns are driving consumers as well as end-use industrial sectors to switch to eco-friendly alternatives of single-use water bottles.Concerns over alarming rise in plastic waste, has initiated various movements aimed at curtailing its use.
The ongoing war against plastic is exhorting consumers to shift away from single-use water bottles towards reusable water bottles.
Increasing environmental awareness among consumers is likely to remain the fundamental driver for the growth of the reusable water bottles market.Competitive Assessment: The keyword market report includes global as well as emerging players:Cool Gear International LLCNathan Sports, Inc.Nalge Nunc International Corp.Bulletin Brands LLCReusable Water Bottles Market: Manufacturers Incorporate Advanced Technologies to Introduce InnovationA majority of leading players in the reusable water bottles market have adopted innovation strategies, which are commonly driven by the need to improve the consumer experience.
Manufacturers in the reusable water bottles market are finding unique ways to introduce attractive and personalized reusable water bottles that can enhance the users’ experience, and ultimately, to expand their consumer base worldwide.Although growing environmental concern are accelerating sales of reusable water bottles, their heavy weight, high cost, and maintenance requirements create major challenges for the growth of the market.
Reusable water bottles are mainly used to carry liquid material or water from one place to another.
Food and beverages industries use these bottles in case of sold liquid products such as health drinks, cold drinks, tea, juices, water, and many others.
However, the market for reusable water bottles is expanding worldwide in terms of materials, designs, size, features, and shape.
The use of reusable water bottle will rapidly grow in the near future owing to online shopping trends and easy availability.
Cut throat competition enables companies to reduce prices remarkably results in increasing demand for reusable water bottles.
Stringent government regulations over recycling of material may hamper the market growth in future.Get Enquiry More About This Report:http://marketgrowthanalysis.com/reports/sample/258Reusable Water Bottles Market ClassificationGlobal Reusable Water Bottles Market by Material Type GlassMetalPolymerSiliconeGlobal Reusable Water Bottles Market by Distribution NetworkHyper/SupermarketsIndependent StoresOnline SalesOthersGlobal Reusable Water Bottles Market by Primary UsageEverydaySportsTravelOthersGlobal Reusable Water Bottles Market by RegionNorth AmericaLatin AmericaEuropeAsia Pacific Middle East & AfricaAsia Pacific was the largest regional market, accounting a share of more than 30.0% in 2018 owing to presence of a large population, extensive use of reusable water bottle, and low cost of manufacturing in countries like India and China.
