Reusable Water Bottles Market SWOT Analysis by Market Segments - Applications and Types 2027

With global focus lying on the adoption of 'eco-friendly' products, manufacturing and packaging companies across the world are prepping up to launch eco-friendly alternatives for all products. Surging plastic waste, in particular, has created the need to enhance 'environmental sustainability'.

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Around 22 billion single-use plastic bottles are thrown out in the U.S. every year, whereas, half a billion plastic bottles are thrown out in Britain each year. These alarming numbers explain the need to reduce plastic waste and increase the adoption of reusable water bottles. Moreover, the governments of several countries are taking measures to ban the use of single-use plastic bottles. For instance, numerous national parks in the U.S. have banned the use of single-use plastic bottles to alleviate the burden of plastic waste.

It is not just the mounting plastic waste but the amount of oil used in creating disposable plastic bottles that has encouraged manufacturers to shift their focus towards the production of reusable water bottles. Consumer shift towards 'eco-sustainability' and rising preference for bottled water calls for the need to gain an in-depth understanding of the dynamics of the reusable water bottles market. Transparency Market Research (TMR), in its latest offering, divulges key details that would help companies take data-driven business decisions.

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'Sustainability' is the Holy Grail for any product; however, it took decades for this concept to gain eminence across global markets. Before World War 2, stainless steel, glass, and aluminum were the key materials used to manufacture reusable water bottles. However, after the war, there was a surge in the production of plastic reusable water bottles. Although, the production of reusable water bottles began decades back, only recently has the market gained momentum. It is the addition of extra features and development of consumer-centric products that has transitioned the growth of the reusable water bottles market. Manufactures are embedding features such as purification systems, double-walled vacuum insulation, and infusers to attract consumer attention.

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