Reusable water bottles are mainly used to carry liquid material or water from one place to another. Food and beverages industries use these bottles in case of sold liquid products such as health drinks, cold drinks, tea, juices, water, and many others. However, the market for reusable water bottles is expanding worldwide in terms of materials, designs, size, features, and shape.
The use of reusable water bottle will rapidly grow in the near future owing to online shopping trends and easy availability. This is turn will augment the reusable water bottle market in future. Cut throat competition enables companies to reduce prices remarkably results in increasing demand for reusable water bottles. The reusable water bottles come in the variety of designs, features, shape, size, and material drives the market in near future. Rapidly changing demographics may stimulate the demand for reusable water bottles across the globe. Stringent government regulations over recycling of material may hamper the market growth in future.
Reusable Water Bottles Market Classification
Global Reusable Water Bottles Market by Material Type
Global Reusable Water Bottles Market by Distribution Network
Global Reusable Water Bottles Market by Primary Usage
Global Reusable Water Bottles Market by Region
Middle East & Africa
Asia Pacific was the largest regional market, accounting a share of more than 30.0% in 2018 owing to presence of a large population, extensive use of reusable water bottle, and low cost of manufacturing in countries like India and China. The growth is expected to remain significant in the coming years due to economic growth and increase in disposable income.
Urbanization and change in lifestyle are other factors contributing to the market growth across the world. People are inclining towards a healthy lifestyle and are thinking towards a sustainable environment, thus preferring reusable water bottles over the ordinary disposable ones. Moreover, initiatives taken across the world to save the marine life from the harmful plastic disposed in the oceans are driving the market.
Some of the key players operating in the global reusable water bottles market that are included in the report are CamelBak Products, LLC, BRITA GmbH, Klean Kanteen, Inc., Tupperware Brands Corporation, Contigo, SIGG Switzerland AG, Aquasana, Inc., Bulletin Brands, Inc., Thermos L.L.C., Nalge Nunc International Corp, S-Well Corporation, O2COOL, LLC, Nathan Sports, Inc., and Cool Gear International LLC USA, Inc.