Collapsible Water Bottle Market Report 2024

The collapsible water bottle market size has grown strongly in recent years. It will grow from $1.72 billion in 2023 to $1.83 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth observed in the historical period can be attributed to several factors, an increase in per capita disposable income, a vast population, growing demand from millennials seeking sustainable options, and rising demand for portability and convenience.

The collapsible water bottle market size is expected to see strong growth in the next few years. It will grow to $2.39 billion in 2028 at a compound annual growth rate (CAGR) of 6.9.% In the forecast period, growth is expected due to increasing demand for portability and convenience, higher household incomes, the influence of social media and influencer marketing, and a rise in outdoor and sports activities. Major trends anticipated during this period include new developments, product approvals, product launches, technological innovations, growing eco-consciousness, and innovations in ultralight materials.

The collapsible water bottle market is expected to grow due to the increasing number of working professionals. This rise is driven by factors such as population growth, a higher demand for skilled labor across various industries, technological advancements creating new job opportunities, and a shift towards knowledge-based economies that emphasize education and professional skills. Collapsible water bottles offer working professionals a convenient and sustainable hydration solution that is portable and eco-friendly, fitting their on-the-go lifestyle. For example, the Office for National Statistics reported in June 2024 that the employment rate in the UK from February to April 2024 was 74.3%. Similarly, the Australian Bureau of Statistics noted in May 2024 that the employment rate had risen to 14,355,100 people. Therefore, the growing number of working professionals is driving the demand for collapsible water bottles.

Leading companies in the collapsible water bottle market are creating innovative products such as tempo squeeze bottles to meet the increasing need for portable, space-saving hydration solutions. Tempo squeeze bottles, usually made of plastic, have a flexible body that allows for easy squeezing, making them ideal for both food service and on-the-go use. For instance, in November 2023, HydroPak, a US-based manufacturer of collapsible bottles, introduced its new Tempo Squeeze Bottles at the Boston Run Show. These bottles are designed with an ergonomic shape for a comfortable grip and easy squeezing. Their durable, lightweight construction makes them suitable for training and racing demands.

In March 2023, DSM Engineering Materials, a Netherlands-based manufacturing company, partnered with DiFOLD to develop foldable, reusable products. This collaboration aims to create a sustainable, reusable water bottle that addresses the environmental impact of single-use plastic bottles. By using DSM's bio-based Arnitel Eco material, the origami bottle is designed to be durable, foldable, and recyclable, significantly reducing the carbon footprint associated with the production, transportation, and disposal of traditional disposable water bottles. DiFOLD, a Bulgarian company, manufactures the origami bottle, a type of collapsible bottle.

Major companies operating in the collapsible water bottle market are Salomon SAS, Cascade Designs Inc., Lollicup USA Inc., Zoku LLC, Nalgene, Dexas International Ltd., Liquid Bottles LLC, Stojo Products Inc., GSI Outdoors Inc., Nomader LLC, Vapur Inc., Hydrapak LLC, Hydaway LLC, Que Bottle LLC, Bubi Bottle LLC, Memobottle Inc., Dafi LLC, Tap Water Co., Ultraspire Inc, Cnoc Outdoors.

North America was the largest region in the collapsible water bottle market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the collapsible water bottle market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the collapsible water bottle market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A collapsible water bottle is a reusable water container that can be collapsed or folded when empty, making it compact and convenient for travel or storage. These bottles are typically made from flexible materials, allowing them to be compressed to a smaller size when not in use. The purpose of collapsible water bottles is to provide a lightweight and space-saving alternative to traditional rigid water bottles, ideal for outdoor activities, travel, and daily hydration on the go.

The main material types of collapsible water bottles include silicone, plastic, and other materials. Silicone collapsible water bottles are durable and easy to fold or roll up when empty. These bottles come in various capacities, such as 250-500 ml, 500-750 ml, 750-1000 ml, 1 liter, and above. They are used in various applications, including hypermarkets, supermarkets, online stores, and other retail channels, and cater to various end users such as everyday users, athletes, institutional settings, office environments, educational institutions, recreational activities, and more.

The collapsible water bottle market research report is one of a series of new reports that provides collapsible water bottle market statistics, including collapsible water bottle industry global market size, regional shares, competitors with a collapsible water bottle market share, detailed collapsible water bottle market segments, market trends, and opportunities, and any further data you may need to thrive in the collapsible water bottle industry. This collapsible water bottle market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The collapsible water bottle market consists of sales of stash collapsible water bottles, hybrid bottles, and flask-style water bottles. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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