Biodegradable Water Bottles Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2031 | Biopac, Coca-Cola Co., and Choose Water Ltd., among others.

The global biodegradable water bottles market is expected to grow at a CAGR of 5.5% during the forecast period.  The prominent factor that drives the market growth include the stringent regulations regarding the use of plastic bottles, which leads to a pollution crisis especially for the marine life organisms. Several regulatory bodies are continuously focusing on minimizing the use of plastic waste, by producing biodegradable water bottles. As per the United Nations Environment Programme (UNEP), the plastic pollution leakage into aquatic ecosystems has grown sharply and is projected to get double by 2030. Moreover, as per the same source, the plastic accounts for 85% of marine litter and warns that by 2040, volumes of plastic pollution flowing into marine areas will nearly triple, adding 23-37 million metric tons of plastic waste into the ocean per year. Additionally, the government initiatives and funding has declined the use of plastic bottles to some extent. For instance, the US Environmental Protection Agency (EPA) has funded 542 million to reduce pollution and plastic waste in the shared oceans. The funding includes 132 million for the National Estuary Program Infrastructure improvements to reduce pollutant loading into the ocean. 

The players such as Unilever, Lawa, Nestle, and DrinkWell are continuously adopting strategies such as partnership, collaboration, and expansion to stay competitive in the global market. For instance, in January 2022, DrinkWell launched its first fully biodegradable on-the-go water bottle. The eco bottle is designed by using polylactic acid (PLA), a plant-based plastic derived from corn starch. The biodegradable packaging required 50% fewer fossil fuels for production, compared with PET plastic bottles, and produced 60% fewer carbon emissions.  In addition, the bottle degrades within three to six months in the home or commercial composting and incinerated without releasing toxins. 

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Market Coverage

The market number available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Capacity
By Material
By Distribution Channel  

Regions Covered- 

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- Biopac, Coca-Cola Co., and Choose Water Ltd., among others.

Biodegradable Water Bottles Market Report by Segment

By Capacity  

15 ml- 100 ml
101 ml- 50 ml
501 ml- 1000 ml

By Material

Organic Material
Biodegradable Plastic

By Distribution Channel

Supermarkets 
Online Stores

A full Report of Biodegradable Water Bottles Market is Available @  https://www.omrglobal.com/industry-reports/biodegradable-water-bottles-market

Biodegradable Water Bottles Market Report by Region 

North America 

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

24Bottles Società Benefit S.r.l. P.IVA
Biopac
Chlorophyll Water
Choose Water Ltd. 
Coca-Cola Co.
Cove 
Ecologic
Kagzi Water Bottle 
Mitsubishi Chemical Advanced Materials AG
Montana Private Reserve
Ocean Bottle
Paper Water Bottle
eu
RePack Group Ltd.
Shanghai COPAK Industry Co., Ltd.
TSL Plastics Ltd.
UrthPact

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