USD 8.54 billion
Global Reusable Water Bottle Market Size, Share, Growth Analysis, By Product type(Plain Reusable Water Bottles, Insulated Reusable Water Bottles), By Material type(Glass, Stainless Steel), By Distribution channel(Direct Sales, Supermarkets/Hypermarkets), By Primary usage(Everyday Reusable Water Bottles, Sports Reusable Water Bottles), By Size(8-12 oz. Reusable Water Bottles, 16-27 oz. Reusable Water Bottles) - Industry Forecast 2024-2031
Report ID:
SQSG15G2011 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
158 |
Figures:
78
Global Reusable Water Bottle Market Insights
Reusable Water Bottle Market size was valued at USD 8.54 billion in 2019 and is poised to grow from USD 8.92 billion in 2023 to USD 12.72 billion by 2031, growing at a CAGR of 4.4% in the forecast period (2024-2031).
Reusable water bottles have gained popularity as an alternative to single-use plastic bottles. BPA, Bisphenol A, is a chemical compound found in plastic bottles that can cause cancer. Manufacturers are labelling these materials as BPA-free. Furthermore, due to the health benefits of stainless steel and glass water bottles, consumer preference is shifting. The growing threat of plastic pollution, combined with the negative environmental effects of using single-use and non-disposable plastic water bottles, is driving regional demand for reusable water bottles. Because glass water bottles do not degrade after extensive use, they are free of germs and contamination even after several washes. As consumers' preferences shift toward a healthier lifestyle, reusable water bottles are becoming more popular in workplaces, colleges, schools, and homes. Furthermore, reusable water bottles help to reduce landfills, which are a major source of both underground and groundwater pollution.
US Reusable Water Bottle Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Plastic
Fastest Growth
Glass
Growth Rate
4.4% CAGR
Global Reusable Water Bottle Market, 2022-2028 ($ Bn)
Country Share for Asia Pacific Region- 2021 (%)
Global Reusable Water Bottle Market Size By Material, 2022-2028 ($ Bn)
Global Reusable Water Bottle Market Size By Material, 2022-2028 (%)
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Global Reusable Water Bottle Market Segmental Analysis
Reusable Water Bottle Market is segmented based on product type, material, primary usage, size, distribution channel. Based on product type Reusable Water Bottle Market is segmented as plain reusable water bottles, insulated reusable water bottles, filtered reusable water bottles, collapsible reusable water bottles, reusable water infusers, reusable water growlers, others. Based on material Reusable Water Bottle Market is segmented as glass, stainless steel, plastic, silicon, others. Based on primary usage Reusable Water Bottle Market is segmented as everyday reusable water bottles, sports reusable water bottles, travel reusable water bottles, other utilities. Based on distribution channel Reusable Water Bottle Market is segmented as direct sales, supermarkets/hypermarkets, specialty stores, independent stores, online retailers, other sales channels. Based on size Reusable Water Bottle Market is segmented as 8-12 oz. reusable water bottles, 16-27 oz. reusable water bottles, 32 oz. reusable water bottles, 40 oz. reusable water bottles, 64 oz. reusable water bottles, 1 Gallon and Above reusable water bottles. Based on region Reusable Water Bottle Market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East Africa.
Reusable Water Bottle Market Analysis by Material:
In terms of revenue, the plastic material type segment dominated the market in 2021, accounting for more than 35.5% of the total. This is attributed to producers' low manufacturing costs. The increased life expectancy of plastic reusable water bottles has increased consumer interest in reusable water bottle consumption, which is supporting the segment's growth. According to the blogs published by Mathematics for Sustainability, buying a reusable bottle for USD 20 can save up to USD 6,180 when compared to buying disposable plastic bottles after five years, which is considered the bare minimum life expectancy of plastic-based reusable water bottles.
Global Reusable Water Bottle Market By Material, 2021 (%), 2023 (%)
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Global Reusable Water Bottle Market Regional Insights
Based on region global reusable water bottle market is segmented into North America, Asia Pacific, Europe, Latin America and Middle East Africa. Over the forecast period, the Asia Pacific reusable water bottle market is expected to account for a significant revenue share. The major contributors in this region are China, India, and Japan. Factors such as rising public awareness of rising environmental concerns as a result of long-term use of single-use plastic bottles, a rapidly expanding population, and rising adoption of zero plastic and sustainable reusable water bottles are driving market growth. Furthermore, rapid urbanization, rising per capita income, increased awareness of the importance of staying hydrated, and increased efforts by public and private organizations to reduce single-use plastic while conserving marine life and promoting reusable water bottles are driving market growth in Asia Pacific.
Global Reusable Water Bottle Market By Geography, 2022-2028, 2024-2031
- Largest
- Fastest
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Global Reusable Water Bottle Market Dynamics
Reusable Water Bottle Market Drivers
- Plastic bottle use over the last 50-60 years has resulted in long-term ecological problems in the form of plastic waste collected in rivers, oceans, and streams, as well as toxins leaking into water bodies. As a result, many conscientious consumers have looked for ways to reduce plastic consumption for both environmental and health reasons, as well as growing demand for environmentally friendly products. To reduce their use of plastic, consumers are abandoning single-use plastic bottles in favour of reusable water bottles. Aside from that, the low cost of reusable water bottles has contributed to market growth.
Reusable Water Bottle Market Restraint
- Water bottles made from substandard plastic materials or by-products of plastics such as volatile organic compounds (VOCs), BPA, and phthalates, which are harmful to human health, are expected to restrain market revenue growth. Furthermore, the use of unclean and unwashed bottles may result in the accumulation of harmful bacteria, making individuals ill; thus, high usage of such bottles is expected to impede overall global reusable water bottle market growth in the future.
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Global Reusable Water Bottle Market Competitive Landscape
The global reusable water bottle market is fragmented, with a prominent market player acquiring a sizable portion. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective.
Top Players in the Global Reusable Water Bottle Market
- Thermos LLC
- Tupperware Brands Corporation
- SIGG Switzerland AG
- Nalgene Outdoor Products
- Brita GmbH
- Klean Kanteen, Inc.
- CamelBak Products, LLC
- Contigo USA
- S'well Bottle
- HYDAWAY
- Zojirushi America Corporation
- Aquasana Inc.
- Platypus hydration products
- Bobble
- Avex
- Lifefactory
- MiiR
- Ello Products LLC
- Lock&Lock
- GSI Outdoors.
Reusable Water Bottle Market Recent Developments
- MOO Inc., a digital print and design company, launched the MOO Water Bottle in September 2021 to help them extend the brand into the premium category. The company distributes its water bottle line throughout the United States, which comes in a variety of distinct colors and offers a plethora of branding options.
- CamelBak packaging manufacturing company developed a new product MultiBev, which is considered a 2-in-1 vessel, in July 2020. This set includes a water bottle as well as a travel cup with a silicone lid. This type of water bottle is gaining popularity among consumers because it improves the user experience in terms of convenience and versatility for everyday use.
- Hydaway released a new version of its collapsible bottle that fits in the pocket in February 2021. It comes in two sizes: 25 ounces and 17 ounces, and it has a standard cap lid as well as a handy spout lid. The bottle is made of silicone and BPA-free plastic.
Global Reusable Water Bottle Key Market Trends
- The growing public awareness of the environmental pollution caused by disposable water bottles is expected to fuel the growth of reusable water bottles. The serious environmental problems associated with single-use and non-disposable water bottles are driving demand for reusable water bottles. Many people all over the world are using these reusable water bottles in offices, schools, colleges, and homes because of their growing desire to live a healthy lifestyle. Reusable water bottles aid in the prevention of landfills, which are a major source of land/soil and groundwater pollution.
Global Reusable Water Bottle Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global reusable water bottle market analysis, plastic bottle use over the last 50-60 years has resulted in long-term ecological problems in the form of plastic waste collected in rivers, oceans, and streams, as well as toxins leaking into water bodies. As a result, many conscientious consumers have looked for ways to reduce plastic consumption for both environmental and health reasons, as well as growing demand for environmentally friendly products. To reduce their use of plastic, consumers are abandoning single-use plastic bottles in favour of reusable water bottles. Aside from that, the low cost of reusable water bottles has contributed to market growth.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 8.54 billion |
| Market size value in 2031 | USD 12.72 billion |
| Growth Rate | 4.4% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Reusable Water Bottle Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Reusable Water Bottle Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Reusable Water Bottle Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Reusable Water Bottle Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Reusable Water Bottle Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Reusable Water Bottle Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Reusable Water Bottle Market Report Snapshots
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