Key Market Insights: Growing consumer preferences along with rising concern towards health issues will boost the market
The global reusable water bottles market is growing proficiently, projected to grow at a CAGR of 4.3% during the expected period from 2022 to 2030, starting from US$ 9.78 billion in 2021.
Intensifying demand for reusable water bottles over past few years has increased the growth of reusable water bottles market globally. Additionally, convenience, cost-effective nature, growing concern over hygiene, convenience needs and product availability have fueled the market for reusable water bottles. Growing lifestyle, increasing consumer preferences, and enhancement in the standard of living, owing to the rising disposable income of consumer specifically in the developing countries is projected to strengthen the market growth over the forecast period. Moreover, the rising penetration of online shopping is further projected to fuel the demand for reusable water bottles by 2030.
Furthermore, inhibiting growth potential for bottled water brands will significantly be amidst intensified competition among reusable bottled manufacturers in the beverage and bottle packaging industries. For instance, in 2020, Hindustan Unilever launched its new “100% rPET” packaging solutions for their sunlight hand dish wash bottles in South Africa, Thailand, and Vietnam. Moreover, in March 2020, Pathwater introduced new alkaline and sparkling refillable water bottles.
Sales Channel Analysis: Introduction of e-commerce platforms along with presence of top manufacturers will drive the demand for supermarkets/hypermarkets globally
The supermarket and hypermarket sales channel hold a market share of around 42% in 2020, owing to its product variability which stimulus the buying capacity of consumers, presence of store associates, and instant buying power. Additionally, upswing penetration of smart devices and e-commerce platforms, tranquil payment systems, and discounts offered from numerous competitors are likely to drive the market for reusable water bottles in the coming years. Growing preference option of personalized selection coupled with easy comparison of a variety of products is lashing the market in order to meet the consumer base demand over the forecast period. For instance, in February 2020, PepsiCo unveiled its brand new 20-ounce reusable water bottle that comes with flavor pods that will offer a healthier substitute for soda.
Regional Analysis: Dominance is led by the large population coupled with low-cost manufacturing process to drive the market growth
The Asia Pacific will dominate the reusable water bottles market holding a maximum revenue share of around 41% in 2020. In addition, Middle East & Africa, and Latin America along with Eastern European will anticipate a bourgeon CAGR in the upcoming years. Rising urbanization, an increase in disposable income of consumers, and changing demographics will likely expand the market growth. Moreover, budding preferences for supermarkets and hypermarkets will further puts a positive impact on the global reusable water bottle market. Growing research & development coupled with massive investments in emerging countries like Japan, Indonesia, India, and China will enhance the market growth.
Moreover, according to an industry report by Mintel Group Ltd., India’s bottled water sector has outpaced a significant growth rate of around 19% among other global markets between 2019 and 2020. The growth is being driven by the convenience needs of consumers, rising income levels, and growing concerns over hygienic for drinks and food is likely to outpace the revenue growth for reusable water bottles market in the upcoming years.
List of Companies Covered:
- S’Well Corporation
- Tupperware Brands Corporation
- Nalge Nunc International Corporation
- Thermos LLC
- BRITA GmbH
- Camelbak Products LLC
- Nathan Sports, Inc.
- Klean Kanteen, Inc.
- AQUASANA, Inc.
- Cool Gear International LLC
- Bulletin Bottle
- Thermo Fisher Scientific Inc.
- Sigg Switzerland AG
Key Industry Development:
- In August 2021, LARQ have developed a self-cleaning water bottle integrated with advanced technology “UV-C Led” in order to deliver pure water with just 60 seconds. This bottle offers a wide scale of application in work commute, gyms, and outdoor activities, and is capable of handling bumps of bruises.
- In November 2021, Hidrate a company involved in daily monitoring health and wellness habits, offering its consumers three new brands of “HidrateSpark 3” water bottles. These bottles are equipped with innovations & technology that the hydration and numerous issues associated with chronic health issues.
Historical & Forecast Period
This report represents an analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations, and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. The key data point that enables the estimation of Reusable Water Bottles market are as follows:
- Research and development budgets of manufacturers and government spending.
- Revenues of key companies in the market segment.
- Number of end users and consumption volume, price and value.
- Geographical revenues generated by countries considered in the report.
- Micro and macro environment factors that are currently influencing the Reusable Water Bottles market and their expected impact during the forecast period.
- The market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top-down and bottom-up approaches for validation of market estimation assures logical, methodical, and mathematical consistency of the quantitative data.
Market Segmentation
Material
- Polymer
- Metal
- Glass
- Silicon
Usage
- Daily Use
- Sports
- Travel
Sales
- Hypermarket/Supermarket
- Online Store
- Others
Key questions answered in this report
- What are the key micro and macro environmental factors that are impacting the growth of Reusable Water Bottles market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Reusable Water Bottles market?
- Which is the largest regional market for Reusable Water Bottles market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Reusable Water Bottles market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Reusable Water Bottles market worldwide?
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Table of Contents
1. Preface1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Reusable Water Bottles Market
2.2. Global Reusable Water Bottles Market, by Material, 2021 (US$ Million)
2.3. Global Reusable Water Bottles Market, by Usage, 2021 (US$ Million)
2.4. Global Reusable Water Bottles Market, by Sales, 2021 (US$ Million)
2.5. Global Reusable Water Bottles Market, by Geography, 2021 (US$ Million)
2.6. Impact of COVID-19
2.7. Attractive Investment Proposition by Geography, 2021
2.8. Competitive Analysis
2.8.1. Market Positioning of Key Reusable Water Bottles Market Vendors
2.8.2. Strategies Adopted by Reusable Water Bottles Market Vendors
2.8.3. Key Industry Strategies
3. Reusable Water Bottles Market: Business Outlook & Market Dynamics
3.1. Introduction
3.2. Global Reusable Water Bottles Market Value, 2020-2030, (US$ Million)
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Restraints
3.3.3. Key Challenges
3.3.4. Key Opportunities
3.4. Impact Analysis of Drivers and Restraints
3.5. See-Saw Analysis
3.6. Porter’s Five Force Model
3.6.1. Supplier Power
3.6.2. Buyer Power
3.6.3. Threat of Substitutes
3.6.4. Threat of New Entrants
3.6.5. Competitive Rivalry
3.7. PESTEL Analysis
3.7.1. Political Landscape
3.7.2. Economic Landscape
3.7.3. Technology Landscape
3.7.4. Legal Landscape
3.7.5. Social Landscape
4. Reusable Water Bottles Market: by Material, 2020-2030, USD (Million)
4.1. Market Overview
4.2. Growth & Revenue Analysis: 2021 Versus 2030
4.3. Market Segmentation
4.3.1. Polymer
4.3.2. Metal
4.3.3. Glass
4.3.4. Silicon
5. Reusable Water Bottles Market: by Usage, 2020-2030, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
5.3.1. Daily Use
5.3.2. Sports
5.3.3. Travel
6. Reusable Water Bottles Market: by Sales, 2020-2030, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2021 Versus 2030
6.3. Market Segmentation
6.3.1. Hypermarket/Supermarket
6.3.2. Online Store
6.3.3. Others
7. North America Reusable Water Bottles Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. Reusable Water Bottles Market: by Material, 2020-2030, USD (Million)
7.3. Reusable Water Bottles Market: by Usage, 2020-2030, USD (Million)
7.4. Reusable Water Bottles Market: by Sales, 2020-2030, USD (Million)
7.5. Reusable Water Bottles Market: by Region, 2020-2030, USD (Million)
7.5.1. North America
7.5.1.1. U.S.
7.5.1.2. Canada
7.5.1.3. Rest of North America
8. UK and European Union Reusable Water Bottles Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. Reusable Water Bottles Market: by Material, 2020-2030, USD (Million)
8.3. Reusable Water Bottles Market: by Usage, 2020-2030, USD (Million)
8.4. Reusable Water Bottles Market: by Sales, 2020-2030, USD (Million)
8.5. Reusable Water Bottles Market: by Region, 2020-2030, USD (Million)
8.5.1. UK and European Union
8.5.1.1. UK
8.5.1.2. Germany
8.5.1.3. Spain
8.5.1.4. Italy
8.5.1.5. France
8.5.1.6. Rest of Europe
9. Asia Pacific Reusable Water Bottles Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. Reusable Water Bottles Market: by Material, 2020-2030, USD (Million)
9.3. Reusable Water Bottles Market: by Usage, 2020-2030, USD (Million)
9.4. Reusable Water Bottles Market: by Sales, 2020-2030, USD (Million)
9.5. Reusable Water Bottles Market: by Region, 2020-2030, USD (Million)
9.5.1. Asia Pacific
9.5.1.1. China
9.5.1.2. Japan
9.5.1.3. India
9.5.1.4. Australia
9.5.1.5. South Korea
9.5.1.6. Rest of Asia Pacific
10. Latin America Reusable Water Bottles Market, 2020-2030, USD (Million)
10.1. Market Overview
10.2. Reusable Water Bottles Market: by Material, 2020-2030, USD (Million)
10.3. Reusable Water Bottles Market: by Usage, 2020-2030, USD (Million)
10.4. Reusable Water Bottles Market: by Sales, 2020-2030, USD (Million)
10.5. Reusable Water Bottles Market: by Region, 2020-2030, USD (Million)
10.5.1. Latin America
10.5.1.1. Brazil
10.5.1.2. Mexico
10.5.1.3. Rest of Latin America
11. Middle East and Africa Reusable Water Bottles Market, 2020-2030, USD (Million)
11.1. Market Overview
11.2. Reusable Water Bottles Market: by Material, 2020-2030, USD (Million)
11.3. Reusable Water Bottles Market: by Usage, 2020-2030, USD (Million)
11.4. Reusable Water Bottles Market: by Sales, 2020-2030, USD (Million)
11.5. Reusable Water Bottles Market: by Region, 2020-2030, USD (Million)
11.5.1. Middle East and Africa
11.5.1.1. GCC
11.5.1.2. Africa
11.5.1.3. Rest of Middle East and Africa
12. Company Profiles
12.1. S’Well Corporation
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Portfolio
12.1.4. Strategic Initiatives
12.2. Tupperware Brands Corporation
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Portfolio
12.2.4. Strategic Initiatives
12.3. Nalge Nunc International Corporation
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Portfolio
12.3.4. Strategic Initiatives
12.4. Thermos LLC
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Portfolio
12.4.4. Strategic Initiatives
12.5. BRITA GmbH
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Portfolio
12.5.4. Strategic Initiatives
12.6. Camelbak Products LLC
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Portfolio
12.6.4. Strategic Initiatives
12.7. Nathan Sports, Inc.
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Portfolio
12.7.4. Strategic Initiatives
12.8. Klean Kanteen, Inc.
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Portfolio
12.8.4. Strategic Initiatives
12.9. AQUASANA, Inc.
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Portfolio
12.9.4. Strategic Initiatives
12.10. Cool Gear International LLC
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Portfolio
12.10.4. Strategic Initiatives
12.11. Bulletin Bottle
12.11.1. Company Overview
12.11.2. Financial Performance
12.11.3. Product Portfolio
12.11.4. Strategic Initiatives
12.12. Thermo Fisher Scientific Inc.
12.12.1. Company Overview
12.12.2. Financial Performance
12.12.3. Product Portfolio
12.12.4. Strategic Initiatives
12.13. Sigg Switzerland AG
12.13.1. Company Overview
12.13.2. Financial Performance
12.13.3. Product Portfolio
12.13.4. Strategic Initiatives
12.14. HYDAWAY
12.14.1. Company Overview
12.14.2. Financial Performance
12.14.3. Product Portfolio
12.14.4. Strategic Initiatives
12.15. Contigo
12.15.1. Company Overview
12.15.2. Financial Performance
12.15.3. Product Portfolio
12.15.4. Strategic Initiatives
12.16. O2COOL, LLC
12.16.1. Company Overview
12.16.2. Financial Performance
12.16.3. Product Portfolio
12.16.4. Strategic Initiatives
12.17. Klean Kanteen, Inc.
12.17.1. Company Overview
12.17.2. Financial Performance
12.17.3. Product Portfolio
12.17.4. Strategic InitiativesList of Figures
Figure 1. Global Reusable Water Bottles Market: Market Coverage
Figure 2. Research Methodology and Data Sources
Figure 3. Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4. Global Reusable Water Bottles Market: Quality Assurance
Figure 5. Global Reusable Water Bottles Market, By Material, 2021
Figure 6. Global Reusable Water Bottles Market, By Usage, 2021
Figure 7. Global Reusable Water Bottles Market, By Sales, 2021
Figure 8. Global Reusable Water Bottles Market, By Geography, 2021
Figure 9. Global Reusable Water Bottles Market, By Material, 2021 vs 2030, %
Figure 10. Global Reusable Water Bottles Market, By Usage, 2021 vs 2030, %
Figure 11. Global Reusable Water Bottles Market, By Sales, 2021 vs 2030, %
Figure 12. U.S. Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 13. Canada Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 14. Rest of North America Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 15. UK Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 16. Germany Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 17. Spain Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 18. Italy Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 19. France Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 20. Rest of Europe Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 21. China Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 22. Japan Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 23. India Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 24. Australia Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 25. South Korea Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 26. Rest of Asia Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 27. Brazil Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 28. Mexico Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 29. Rest of Latin America Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 30. GCC Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 31. Africa Reusable Water Bottles Market (US$ Million), 2020-2030
Figure 32. Rest of Middle East and Africa Reusable Water Bottles Market (US$ Million), 2020-2030List of Tables
Table 1 Global Reusable Water Bottles Market by Material, 2020-2030, USD (Million)
Table 2 Global Reusable Water Bottles Market by Usage, 2020-2030, USD (Million)
Table 3 Global Reusable Water Bottles Market by Sales, 2020-2030, USD (Million)
Table 4 North America Reusable Water Bottles Market by Material, 2020-2030, USD (Million)
Table 5 North America Reusable Water Bottles Market by Usage, 2020-2030, USD (Million)
Table 6 North America Reusable Water Bottles Market by Sales, 2020-2030, USD (Million)
Table 7 UK and European Union Reusable Water Bottles Market by Material, 2020-2030, USD (Million)
Table 8 UK and European Union Reusable Water Bottles Market by Usage, 2020-2030, USD (Million)
Table 9 UK and European Union Reusable Water Bottles Market by Sales, 2020-2030, USD (Million)
Table 10 Asia Pacific Reusable Water Bottles Market by Material, 2020-2030, USD (Million)
Table 11 Asia Pacific Reusable Water Bottles Market by Usage, 2020-2030, USD (Million)
Table 12 Asia Pacific Reusable Water Bottles Market by Sales, 2020-2030, USD (Million)
Table 13 Latin America Reusable Water Bottles Market by Material, 2020-2030, USD (Million)
Table 14 Latin America Reusable Water Bottles Market by Usage, 2020-2030, USD (Million)
Table 15 Latin America Reusable Water Bottles Market by Sales, 2020-2030, USD (Million)
Table 16 Middle East and Africa Reusable Water Bottles Market by Material, 2020-2030, USD (Million)
Table 17 Middle East and Africa Reusable Water Bottles Market by Usage, 2020-2030, USD (Million)
Table 18 Middle East and Africa Reusable Water Bottles Market by Sales, 2020-2030, USD (Million)
Companies Mentioned
- S’Well Corporation
- Tupperware Brands Corporation
- Nalge Nunc International Corporation
- Thermos LLC
- BRITA GmbH
- Camelbak Products LLC
- Nathan Sports Ltd.
- Klean Kanteen Ltd.
- AQUASANA Ltd.
- Cool Gear International LLC
- Bulletin Bottle
- Thermo Fisher Scientific Inc.
- Sigg Switzerland AG
- HYDAWAY
- Contigo
- O2COOL LLC
- Klean Kanteen Ltd.
