Reusable Water Bottle Market is Likely to Grow at a Significant CAGR from 2018 to 2025

Product differentiation, cost-effective nature of reusable water bottles, change in consumer preferences, lifestyle, and enhancement in the standard of living, government initiatives¸ and impressive environmental benefits of the water bottles are driving the growth of the reusable water bottle market.

Allied Market Research announces a report, titled, “Reusable Water Bottle Market by Material Type (Metal, Glass, Silicon, and Polymer) and by Distribution Channel (Supermarket/hypermarket, Departmental Store, Online Store, Others) - Global Opportunity Analysis and Industry Forecast, 2018-2025”, which projects that the market is expected to grow at a significant CAGR during the period, 2018-2025.

The report offers a comprehensive analysis of the global reusable water bottle market, including the market size and share analysis, segmentation, forecast, drivers, restraints & opportunities, Porter’s analysis, and key market players. The report aims at catering to various stakeholders, including market players, investors, industry leaders, and others, who are interested in knowing the latest trends, current market status, and latest technologies used in the industry. In addition, the study would assist them to understand the growth strategies adopted by them for better industry benchmarking.

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The report provides information about the factors that drive or hamper the growth of the reusable water bottle market. The market is driven by factors such as product differentiation, the cost-effective nature of reusable water bottles, change in consumer preferences, lifestyle, and enhancement in the standard of living due to rise in consumer disposable income, initiative from government organizations¸ and impressive environmental benefits of the water bottles. However, premium pricing over disposable water bottles and BPA containing bottles causing health risks impede the industry growth. On the other hand, the use of user-friendly and environment-friendly materials and growing focus on BPA free bottles create new opportunities for the growth of the market.

The Porter’s five forces analysis is offered in the study based on the bargaining power of buyers, bargaining power of suppliers, the threat of new entrants, threat from substitutes, and industrial rivalry. It provides insights into the industry rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the market.

The report analyzes the global reusable water bottle market based on material type, distribution channel, and geography. Based on material type, the market is classified into metal, glass, silicon, and polymer. Based on distribution channel, the market is classified into supermarket/hypermarket, departmental store, online store, and others. Based on geography, the market is divided into North America, Europe, Asia-Pacific, and LAMEA. In North America, the study is analyzed across the US, Canada, and Mexico. In Europe, the study covers Germany, France, UK, and the rest of Europe. In Asia-Pacific, the study covers Japan, China, Australia, India, South Korea, and the rest of APAC. In LAMEA, the study covers Latin America, Middle East, and Africa.

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The report includes the profiles of leading players in the reusable water bottle market, including Klean Kanteen, Bulletin Bottle, Thermo Fisher Scientific Inc., Aquasana Inc., Sigg Switzerland AG, HYDAWAY, and others. These market players have adopted various strategies including collaborations, joint ventures, partnerships, expansions, and others to gain a strong position in the industry.

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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