Market Overview:
- The global edible water bottle market is growing at a CAGR of over 6% during the forecast period 2020-2027.
- Edible water bottle, simply called a water ball is a globule of water surrounded by a transparent sachet made from seaweed and chloride. These water containers are biodegradable and can be used as a sustainable alternative to plastic bottles. The large scale utilization of plastic as packaging material in food, beverages, and other consumer products across the globe is resulting in severe environmental pollution and harming the marine ecosystems. The non-biodegradable nature of plastic is also posing an adverse effect on mankind, thus motivating the development of biodegradable packaging materials such as edible water bottles.
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Market Dynamics:
- The rising utilization of plastic and awareness towards its adverse effects on the environment are the major factors for the growth of the edible water bottles market. The utilization of plastic has been constantly increasing with the rising consumption of bottled water across the globe. According to the Plastic Oceans International, the global plastic production reached 335 million metric tons in 2017 and over 50% of this is used for single-use applications. Furthermore, bottled water emerged as the largest beverage category in the U.S. market with a consumption volume of 13.7 billion gallons in 2018 which is 7% higher than the previous year. The environmental protection bodies laid efforts for the reduction of plastic consumption and are motivating the development of effective alternatives such as edible water bottles. Several governments are also commissioning regulations for limiting the use of plastic bottles. The bans imposed on the use of single-use plastic are likely to increase the demand for edible water bottles shortly.
Market Geographical Analysis:
- By Geography, North America is the leading market for the edible water bottles market. The technological advancements and presence of edible water bottle manufacturers such as Nomaco Limited are increasing the utilization in the U.S., thus supporting the growth in the North America region.
Market Competitive Trends:
- The global edible water bottle market is still in infancy both in terms of product development and consumer adoption.
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The latest trending report Global Water Bottles Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Water Bottles market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.1% in the forecast period of 2020 to 2025 and will expected to reach USD 2621.8 million by 2025, from USD 2323.8 million in 2019.The Water Bottles market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/16508-water-bottle-market-analysis-reportMarket segmentationWater Bottles market is split by Type and by Application.
For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value.
This analysis can help you expand your business by targeting qualified niche markets.By Type, Water Bottles market has been segmented into Plastic Bottles, Metal Bottles, Glass Bottles, etc.By Application, Water Bottles has been segmented into In Store (Offline), Online, etc.Regions and Countries Level AnalysisRegional analysis is another highly comprehensive part of the research and analysis study of the global Water Bottles market presented in the report.
For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Water Bottles market.The report offers in-depth assessment of the growth and other aspects of the Water Bottles market in important countries (regions), including United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc.
It also throws light on the progress of key regional Water Bottles markets such as North America, Europe, Asia-Pacific, South America and Middle East & Africa.Competitive Landscape and Water Bottles Market Share AnalysisWater Bottles competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, Water Bottles sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch.
