Reusable Water Bottle Market Research Report
Growth opportunities in the Reusable Water Bottle look
promising over the next six years. This is mainly due to the increasing
initiatives by the government to encourage the recycling of bottles and their
rising application in various industries.
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Reusable Water Bottle Dynamics (including
market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The ameliorating living standards of individuals throughout
the world is one of the major drivers that is stimulating individuals to choose
to reuse water bottles rather than disposing of them. Also, the augmenting
health awareness and consciousness related to negative impacts caused by the
usage of non-reusable bottles is further responsible for bolstering the growth
of the reusable
water bottle market. Moreover, the growing implementation of these bottles
by various sectors is strengthening the market size. For example, the food and beverage
sector progressively employs these bottles as they are easy to recycle,
maintain, and non-reactive. Government of various nations has launched
different programs and strategies to promote the reprocess of water bottles.
UNICEF and the Ministry of Education Maldives announced to provide these water
bottles to all the first graders in the Maldives. The Environment Agency – Abu
Dhabi (EAD), the largest environmental regulator in the Middle East, in 2020,
stated to cease the use of single-use plastic and non-plastic material by 2021
to promote the culture of re-usage and recycle.
As per the market report, approximately 60 million plastic
bottles end up in landfills and incinerators each day. Additionally, only 1 out
of 5 plastic bottles are recovered, and the rest are disposed of or buried
under the ground. Thus, the growing amount of waste generated by water bottles
is raising the need to reuse plastic. The mounting need for these bottles for
sports and travel has paved the way for market growth. Leading market players
are introducing various strategies to encourage the reclaim of these water
bottles. Hindustan Unilever, in 2018, launched its new "100% rPET
packaging solutions for their sunlight hand dish wash bottles in South Africa,
Thailand, and Vietnam. The significant manufacturers in the market are
extending their product portfolio to meet the varying demand of the consumers.
For instance, Cove, in 2019, created a reusable water bottle made of
biodegradable materials. This factor is further bolstering the market share.
Reusable
Water Bottle’s leading Manufacturers:
·
Aquasana Inc.
·
Contigo
·
Thermo Fisher Scientific Inc.
·
SIGG Switzerland AG, GmbH
·
Tupperware
·
Brita
·
HYDAWAY, LLC
·
Klean Kanteen
·
CAMELBAK
·
SIGG Switzerland AG, GmbH
·
Tupperware
Reusable Water Bottle Segmentation:
Segmentation by Material Type
·
Glass
·
Metal
·
Plastic
·
Silicone
Segmentation by Distribution Channel
·
Specialty Store
·
Hypermarket & Supermarket
·
Convenience Store
·
Online
Segmentation by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
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