Global Reusable Water Bottle Market Is Estimated To Grow At A CAGR Of Around 4% By 2030

Retail and Consumer Goods

With the ongoing restrictions on mass gatherings and large events due to Covid-19, there has been a bearish trend in the global demand for reusable water bottles. Manufacturers of reusable water bottles have narrowed down production due to the fall in purchase statistics of reusable water bottles as well as disrupting supply chains. At-home utilization of reusable water bottles remains consolidated, but out-of-home utilization in sports and travel related activities has almost come to a standstill which earlier generated the highest margins.

Request Sample

Demographic and Social Changes to HeightenDemand for Reusable Water Bottles

The global reusable water bottle market is projected to be valued at more than US$ 11Bn by 2030, with a CAGR of over 4% during the forecast period. The key factor facilitating demand for reusable water bottles have been the social initiatives such as ‘Refill the Planet’. Global campaigns to reduce the number of plastic bottles is creating notable demand for reusable water bottles. Another primary driver forwarding the reusable water bottles market is the damaging effects of one time use plastic bottles. Moreover, the growth in mass sporting events in the last decade has led to high demand for reusable water bottles especially in the western nations.

Key Takeaways of Reusable Water Bottle Market Study

  • APEJ is anticipated to give impetus to the reusable water bottle market with the highest growth rate of over 4% during the forecast period. The general spike in mountaineering and outdoor sports activities after the cessation of the Covid-19 outbreak in the region will attribute to such growth
  • Polymer based reusable water bottled acquired the most shares (~30%) within the material type segment due to the easy availability of polymer substances and the low cost of manufacturing
  • With the recent Covid-19 pandemic however, the global export of polymer substances have slowed down which is expected to affect sales of the polymer reusable water bottles
  • Supermarkets / Hypermarkets take the lead within the sales channel segment, accumulating a share of more than 30%.

Reusable Water Bottle Market: Segmentation

FactMR’s study has done the segmentation of the reusable water bottle market on the basis of material, product, primary usage, size, sales channel and region

  • By Material Type :

    • Polymers
    • Metals
    • Glass
    • Silicone
  • By Product Type :

    • Plain
    • Insulated
    • Filtered
    • Collapsible
    • Infuser
    • Growlers
    • Other
    • Water
    • Bottles
  • By Primary Usage :

    • Everyday
    • Sports
    • Travel
    • Other Utilities
  • By Size :

    • 8-12 Oz
    • 16-27 Oz
    • 32 Oz
    • 40 Oz
    • 64 Oz
    • 1 Gallon and Above
  • By Sales Channel :

    • Supermarkets / Hypermarkets
    • Independent Stores
    • E-Commerce
    • Other Channels
  • By Region :

    • North America
    • Latin America
    • Europe
    • CIS & Russia
    • Japan
    • APEJ
    • MEA

Leave a Reply

Related Posts