Reusable Water Bottles Market Projections & Future Scenario Analyzed until 2028 || Key Player - Kelan Canteen Inc., Tupperware Brands Corporation, Contigo, Zhejiang Hears Vacuum Containers Co. Ltd., AQUASANA Inc.

Fact.MR has actively published a new research study titled “Reusable Water Bottles Market Projections & Future Scenario Analyzed until 2028” to its broad online database. This assessment works to discourse the major trends, opportunities and drivers motivating the “Reusable Water Bottles Market” during the period between 2018-2028. The insights structured for presenting the target market are procured from both primary research and secondary research, and are utilized for validation that is valuable to investors, manufacturers and new entrants.

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The reusable water bottles market is gaining momentum and the global hotel industry transitioning towards sustainable and environment-friendly ways to reduce plastic waste. A majority of stakeholders in the hotel industry are doing away with the use of disposable or single-use water bottles and are more inclined towards offering reusable water bottles to their guests and customers.

Furthermore, the sustainability-minded approach of customers towards selecting a hotel is encouraging stakeholders in the hotel industry to create the eco-friendly identity of their hotels by shifting from disposable to reusable water bottles. Public awareness about burgeoning plastic waste and plastic-reduction strategies of hotels in regions across the globe are complementing growth of the reusable water bottles market.

High Cost and Low Convenience Restrict Global Sales of Reusable Water Bottles

With the changing lifestyle of consumers, convenience got the highest priority in factors that are impacting their purchasing decisions. Reusable water bottles can be heavier and less convenient that disposable water bottles, which do not need to be cleaned. Reusable water bottles, especially those made of glass, are fragile, more expensive, and difficult to clean, which may create an aversion among consumers to purchase reusable water bottles.

Despite the rising sales of reusable water bottles owing to their positive, eco-friendly image, the reusable water bottles market is witnessing hindrance from the health concerns of consumers about the safety of reusable, plastic water bottles. Albeit minimal, the chemicals leached from plastic used in reusable water bottles can migrate into the water, posing risks to the health of consumers. Thereby, consumer awareness about the possibility of reusable water bottles leaching harmful chemicals may restrict the adoption of reusable water bottles and ultimately, the growth of the reusable water bottles market.

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The report provides a holistic assessment of market dynamics and reliable forecast on the reusable water bottles market, which are based on a unique market research methodology that includes unique, primary and secondary research methods. Important information obtained from leading stakeholders in the reusable water bottles market and chemical industry experts has been extrapolated. Obtaining detailed, industry-validated information about the market has helped analysts to obtain this value-based and insightful research report on the reusable water bottles market.

To ascertain the market growth prospects on the basis of volume and value, revenues generated by industry leaders, coupled with their production capacities are taken into account. Primary research and secondary research on the reusable water bottles market can help analysts to find out the current and historical data, facts, and information to identify the new avenues of growth for stakeholders in the reusable water bottles market.

The secondary market research processes are then followed by primary research, in which leading stakeholders in the market, including investors, manufacturers, suppliers, distributors, and chemical providers, in the reusable water bottles market are interviewed by analysts, to obtain most accurate conclusions on the growth of the reusable water bottles market during 2018-2028.

The information on the growth of the reusable water bottles market during 2018-2028 featured in the Fact.MR report on reusable water bottles market is divided into six segments for the understanding of readers. The reusable water bottles market is segmented according to the material types, product types, primary usage, size, sales channels, and regions.

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