Press release
Reusable Water Bottles Market - Global Industry Analysis, Trends and Forecast 2016 - 2024
Water bottle is one of the daily needs of people as they travel and go outdoors for jobs, tourism and other activities. Plastic bottles generate huge amount of waste in the environment which has led to the idea of reusable water bottle. The reusable water bottles generate less amount of waste and are eco-friendly alternative to plastic bottles. Reusable water bottles are durable and well-designed alternative for transporting tap water.The constant growth in health concerns (increase in instances of water borne diseases) and unavailability of clean water while travelling are the major driving factors for reusable water bottles market. The government is focusing on eco-friendly products by laying rules and acts which help to reduce pollution due to plastic waste. For instance, plastic water bottles are banned in Canada and the U.S. In 2009, San Francisco is the first city to ban plastic bottles in the U.S.
Moreover, spreading awareness about eco-friendly products and environment protection is expected to increase the market growth of reusable water bottles market. Health conscious users are also contributing to the growth of reusable water bottles market, as most of the plastic bottles (non-reusable) were made with bisphenol A (BPA) which result in health concerns in children and infants. However, inexpensive and readily available plastic bottles is posing a challenge to reusable water bottles. Focus on untapped market and integrating aesthetics features generate opportunities for this market. Wood grained-patterned and stainless steel bottle are gaining popularity as marble and wood accessories are attracting user’s preferences.
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The reusable water bottle market can be segmented broadly based on product type, end-user, material type, design type and geography. These parameters play a major role for selecting specific bottle as per user need. Based on product type, the market can be segmented into packable, bottle with infuser, connected water bottles and bottles with filters. The packable bottle can be folded or flattened when not in use. Bottle with infuser includes cylindrical structure inside bottle for adding flavors. Bottle with filters removes chlorine, particulates and organic contaminants in the water. The end user segment includes office use reusable water bottles, sports use reusable water bottles and travelling use reusable water bottles.
The key manufacturers of reusable water bottles include Portclean Technologies Private Limited Jution Silicone & Rubber(Dongguan) Co., Ltd., Shenzhen Xin Yue Tang Plastic & Hardware Co. Ltd, Shenzhen Sunsky Technology Limited, Nutech Trading USA Inc, Zhejiang Hawks Import & Export Co. Ltd, Ningbo First-rate Industry & Trade Co. Ltd, Jinda Ram Exports, Peace Target Limited, Yes Promotion Co. Ltd, Hot and Cold Products Co. Ltd, Shenzhen Kingline Technology Development Co. Ltd, Quanzhou Hoosam Gifts Co. Ltd., Jinjiang Jiaxing Home Co.,Ltd. Shanghai Xuerui Import & Export Co. Ltd, Quanzhou Hoosam Gifts Co. Ltd, Guangzhou Topxen Technology Co. Ltd and Beijing Stronger Rich Imp. & Exp. Co. Ltd Houseware Dept., united Technology Trade Corp., Maxonic Marketing SDN. Bhd., Torune Co., Ltd., Tecnet Co., Ltd, G & A International.
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