This is because every athlete or sportspeople need their bottle to cool them down while they are doing their game or training. 2022 https://www.verifiedmarketresearch.com. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. Demand for reusable water bottles in the U.S. is estimated to grow significantly over the coming years. What are the top players operative in Reusable Water Bottle Market? Moreover, introduction of new products with innovative, new advanced features, and acquisitions and mergers, are expected to open up new avenues for market players. Persistence Market Research has profiled the following prominent manufacturers in its report: *The list is not exhaustive, and only for representational purposes. By material, metal dominates the market with a share of 33.4% in 2020, in terms of value. Which Distribution Channel is More Effective? In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met. Distribution Channel Movement Analysis & Market Share, 2021 & 2030, 6.2.1. Manufacturers are offering these material with a BPA-free tag. Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors Provision of market value (USD Billion) data for each segment and sub-segment Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions Includes an in-depth analysis of the market of various perspectives through Porters five forces analysis Provides insight into the market through Value Chain Market dynamics scenario, along with growth opportunities of the market in the years to come 6-month post sales analyst support. Impact of COVID-19 on the Reusable Water Bottle Market, Chapter 5. Free report customization (equivalent up to 4 analysts working days) with purchase. How Has COVID-19 Restrained Demand Growth of Reusable Water Bottles? This is a very good piece of work and will be very helpful to us going forward. This methodology is based on the use of standard market structure, methods, and definitions. A detailed COVID-19 impact has also been included in the report, to aid readers in making well-informed business decisions for the present and future. For GMT Office Hours Call +353-1-416-8900, Internet Explorer presents a security risk. Sales of reusable water bottles are poised to increase at a steady CAGR of more than 4% over the next ten years, and cross a valuation of US$ 13.8 Bn by 2031. "Assisting You in Establishing Data Driven Brands", Region : Global | Report ID: FBI102574 | Status : Ongoing. Market estimates and forecast, 2017-2030 (USD Million), Chapter 7. The global reusable water bottle market size is expected to reach USD 12.61 billion by 2030, registering a CAGR of 4.3%. Plastic bottles contains BPA, Bisphenol A, a chemical compound that can cause cancer. Due to this, the majority of the leading players in the market have adopted new strategies, which are commonly driven by the need to improve the consumer experience. We know where we will be getting business intelligence from in the future., Thank you for sending the market report and data. Global Art And Sculpture Market - check share, size, revenue, valuation, CAGR, regional outlook, key players, competitive landscape, current trends & forecast. Reusable water bottles are widely accepted as an alternative for single-use plastic bottles. Moreover, the extensive use of disposable bottles in sports and public places is discouraged by various campaigns to create awareness among people, which is expected to promote market growth. press@researchandmarkets.com Some of the main purposes of using reusable water bottles are to reduce waste, to save money, to protect our health and oth, 2020 Fortune Business Insights . Key industry metrics have been captured, and their impact on reusable water bottle sales has been analyzed. Rise of e-Commerce and smart devices, easy payment options, and discounts are the main factors contributing to the growth of this segment. Based on type, the water bottle market is segmented into glass, metal, plastic, and silicon. The Asia Pacific is the major dominating region in the reusable water bottle market and is estimated to continue its dominance during the forecast period 2019-2026. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. Among the countries in the Oceania, Australia is estimated to account for a majority share in terms of revenue. Copyright Persistence Market Research. Market estimates and forecast, 2017-2030 (USD Million), Chapter 6. Persistence Market Research provides a secure online payment system to buy reports seamlessly. This is attributed to the low cost of manufacturing. All of this is fed to the research model which then churns out the relevant data for market study. To know more about the Research Methodology and other aspects of the research study, kindly Get in touch with our sales team. The report also has a detailed regional analysis. For instance, in January 2016, Zhejiang Haers Vacuum Containers Co., a leading producer of high-quality stainless steel vacuum bottles, acquired 100% of the Swiss company SIGG, a renowned brand in the bottle industry. As a result, the final set of collected data is a combination of different forms of raw statistics. Why are Metal Reusable Water Bottles Highly Preferred? There is no language barrier due to our experienced and multi-lingual team of professionals. Nalge Nunc International Corp., SIGG Switzerland AG, Tupperware Brands Corporation, CamelBak Products LLC, Aquasana Inc., Contigo, Klean Kanteen Inc., and HYDAWAY. Our experts deliver the best research reports that have revenue generating recommendations. All the research models are customized to the prerequisites shared by the global clients. Reusable Water Bottle Market: Material Type Estimates & Trend Analysis, 5.1. Global tobacco/no flavor segment accounts for a significant share of revenue in the Europe cigar and cigarillos market and is likely to register high growth rate during 20162024. Moreover, due to the advancement of transportation and change in work culture more people are traveling from one state to another or from one country to another this is results in more demand for reusable bottles. The life expectancy of metal reusable water bottles is greater than other types, which has increased consumer interest in them. We are happy with the professionalism of your in-house research team as well as the quality of your research reports. How can get sample reports/company profiles of the Reusable Water Bottle Market? Based on the Type, the market is bifurcated into Silicone, Plastic, Metal, and Glass. Get going with a plethora of our upcoming and published reports. Based on the distribution channel, the market is bifurcated into Specialty Store, Online, Hypermarket & Supermarket, Convenience Store, and Others. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. They can also use the online reporting software to understand the different key performance indicators. Thank you Fortune Business Insights for your efforts and prompt response, I had a great experience working with Fortune Business Insights. All the previous reports are stored in our large in-house data repository. Also, their sports authorities are highly conscious of their intake water or beverage which is why sports industry act as one of the major fostering force for the growth of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts. This helps in exploring the market from different dimensions. The major key players which are operating in the water bottle market include Klean Kanteen, Inc., Thermo Fisher Scientific Inc., Aquasana Inc., Sigg Switzerland AG, and CamelBak Products LLC. Based on Regional Analysis, the Global Reusable Water Bottle Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The demand for plastic-based reusable bottles among consumers is increasing owing to the easy availability of a variety of products as a result of the low cost of manufacturing by producers, The online distribution channel segment is expected to grow at the fastest CAGR during the forecast period, The increasing availability of a wide range of products of different brands on e-commerce platforms with services, such as free delivery and seasonal discounts, is among the major factors driving the segment, Asia Pacific accounted for the largest revenue share in 2021 due to the high demand for silicone, glass, and metal bottles in the region as a result of the growing awareness regarding the negative impact of single-use water bottles on marine life and the environment. The report covered all the points and was very detailed. For understanding the entire market landscape, we need to get details about the past and ongoing trends also. Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. Therefore, the innovation of usable bottle which has the ability to keep liquid hot and cold can act as one of the immense opportunities for the growth of the market. Low cost of manufacturing provides ample opportunity for manufacturers to launch new products in the Chinese market. Government regulations and the anti-plastic movement are encouraging consumers to switch to disposable water bottles and prompting manufacturers to develop eco-friendly products. Offline market channels such as hypermarket & supermarket distribution channel is estimated to be a greater segment as compared to online distribution channel this is due availability of an immediate purchasable product which are present in large variety as compared to waiting for it to get delivered. Full competitive intelligence with SWOT analysis available in the report. The higher cost of the reusable bottle as compared to normal plastic bottle act as one of the restraining factor which affects the growth of the market. What are the Factors Fueling Demand for Reusable Water Bottles in the U.S.? Higher cost of the product as compare to normal plastic bottle act as one of the major restraining factor for the growth of the market. Due to this shift, companies are refocusing their efforts toward the development of good-looking, yet reusable water bottles, in order to increase their sales in the market. More information about desk research is available upon request. Your personal details are safe with us. We value them as a research company worthy of building long-term relationships., Well done Fortune Business Insights! It looks quite comprehensive and the data is exactly what I was looking for. Why are Insulated Water Bottles Gaining Popularity? The Global Reusable Water Bottle Market report provides a holistic evaluation of the market. A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. The increasing awareness among the population for the health & hazardous effect of non-reusable bottles is expected to drive the Reusable Water Bottle Market over the predicted years. These factors have powered demand for reusable water bottles, globally. We largely focus on the following parameters for forecasting about the market under lens: We assign different weights to the above parameters. The leftover data is properly validated and its authenticity (of source) is checked before using it further. This edition (2021-2031) brings readers up-to-date with key developments, providing analysis on how manufacturers and other stakeholders are reacting to change. This partnership gave sports enthusiasts access to premium-grade and flat water bottles that they can reuse for work and play. We use cookies to enhance your experience. Nearly all countries have imposed lockdowns and strict social distancing measures. Rising concerns regarding various health problems such as reproductive problems, gastrointestinal diseases, and neurological disorders caused due to the consumption of contaminated water is a major factor driving demand for reusable water bottles in the country. With the help of embedded analytics, the clients can get details associated with brand analysis. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive, Please pass on our sincere thanks to the whole team at Fortune Business Insights. Increasing growth of sports industry owing to propel more demand of reusable bottles. In China, the market has been booming over the past few years, and is expected to grow significantly in future as well. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.