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Reusable Water Bottle Market Strategic Insights and key Business Influencing Factors

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peeter dbmr

Global reusable water bottle market is expected to rise to an estimated value of USD 10.86 billion by 2026, registering a steady CAGR in the forecast period of 2020 -2026. Reusable water bottles are a type of packaging/container that can be used over a longer period of time as compared to conventional modes of liquid packaging such as single-use plastics.

Key Market Competitors:

Few of the major competitors currently working in the global reusable water bottle market are CamelBak; Brita, LP; Klean Kanteen; Tupperware; Sigg; AQUASANA, INC.; Thermos L.L.C.; Thermo Fisher Scientific Inc.; CAN'T LIVE WITHOUT IT, LLC; O2COOL, LLC; Zhejiang Hals Vacuum Vessel Co., Ltd.; Nathan Sports; Cool Gear International, LLC; BKR; Soma; HYDAWAY Collapsible Water Bottles; LOCK&LOCK Co., Ltd.; Zojirushi America Corporation; Hydro Flask; Chilly’s Bottles; GEM-WATER; STANLEY; HydraPak, LLC; Cascade Designs, Inc. among others.

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These containers have the capability of holding any type of liquid, although consumers prefer it as a water-bottle only. These products provide consumers with the capability of carrying the water to any place, helping them in staying hydrated and fresh

Segmentation: Global Reusable Water Bottle Market

  • By Product Type (Plain, Insulated, Filtered, Collapsible, Infuser, Growlers, Others)
  • By Size (8-12 Oz., 16-27 Oz., 32 Oz., 40 Oz., 64 Oz., 1 Gallon & Above)
  • By Material Type (Glass, Metal, Polymer, Silicone, Plastic)
  • By Distribution Network (Hypermarkets/Supermarkets, Independent Stores, Retail Stores, Departmental Stores, Online Sales, E-Commerce, Others)
  • By Primary Usage (Everyday, Sports, Travel, Others)
  • By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Competitive Analysis:

Global reusable water bottle market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of reusable water bottle market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Drivers:

  • Increasing awareness amongst the population regarding the environment and the negative impacts of single-use plastics is expected to drive the growth of the market
  • Presence of various marketing campaigns and awareness programs against the use of plastics is also expected to boost the market growth
  • Presence of strict regulations being imposed by governments of various regions regarding the usage of plastics also acts as a market driver
  • Changes in preferences of consumers, amid high levels of disposable income of the population can enhance the demand for reusable water bottles in the market

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Market Restraints:

  • Concerns regarding lack of convenience of these products, as they require higher maintenance; this factor is expected to negatively impact the growth of the market
  • Higher costs of these bottles as compared to conventional products is expected to hinder the market growth
  • Extreme care required with these bottles and heavy-weight nature of these products can also hamper the growth of this market

Key Insights in the report:

  • Complete market analysis and forecasting
  • Market definition, understanding the concept of reusable water bottle
  • Market drivers and restraints of the industry
  • Market segmentations and market share divided amongst them
  • Key players in the market and their analysis

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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Data Bridge Market Research

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