Press release
Disposable Water Bottle Market to Reach USD 349.2 Million by 2033, Top Impacting Factors
According to the report, the global disposable water bottle market was valued at $220.0 million in 2023, and is projected to reach $349.2 million by 2033, growing at a CAGR of 4.8% from 2024 to 2033.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ: https://www.alliedmarketresearch.com/request-sample/A06465
Prime Determinants of Growth
The prime determinants of growth in the disposable water bottle market include increasing urbanization, rising health consciousness, and the demand for convenient hydration options. As urban populations expand, particularly in developing regions like Asia-Pacific and Latin America, the need for easily accessible and safe drinking water becomes more pronounced, driving the consumption of bottled water.
Health-conscious consumers are also shifting away from sugary beverages, opting for bottled water as a healthier alternative, further boosting market demand. The growth of the tourism and travel industry, which saw a resurgence post-pandemic, has significantly increased the sales of disposable water bottles, especially in airports, tourist attractions, and hotels.
Drivers
Growing tourism and travel industry
Increasing urbanization and on-the-go lifestyles
Safety concerns with tap water
Opportunities
Partnerships with events, sports teams, or brands for promotional products
Development of eco-friendly, biodegradable materials
Restraint
Environmental concerns and plastic waste issues
Government regulations on single-use plastics
๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ (150 ๐๐๐ ๐๐ฌ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ):
https://www.alliedmarketresearch.com/checkout-final/87a0742bf40ca3cf2b38c8da194f6bff
Segment Highlights:
Based on type, the plastic segment holds the maximum share in the disposable water bottle market. Its dominance is driven by its affordability, versatility, and widespread availability. They are lightweight, durable, and cost-effective, making them suitable for mass production and distribution.
Based on application, the household use segment holds a significant share. This is primarily due to the widespread consumer preference for convenient and portable drinking water solutions at home. The increased focus on health and hydration has driven demand for single-use water bottles, especially in regions with limited access to clean tap water.
Bases on distribution channel, the offline distribution channel holds the maximum share. This is due to the extensive network of retail stores, supermarkets, and convenience stores that offer easy access to disposable water bottles.
Regional Outlook
Asia-Pacific holds the major market share in the disposable water bottle market, primarily driven by its large and rapidly growing population, coupled with increasing urbanization and rising disposable incomes.
Countries like China and India, with over 2.8 billion people combined, are significant contributors to this market dominance. The region's expanding middle class and greater awareness of health and hygiene have led to a surge in bottled water consumption, especially in urban areas where concerns over tap water quality persist.
In addition, the booming tourism industry in Asia-Pacific, which attracts millions of international and domestic travelers each year, further fuels the demand for disposable water bottles. The convenience and accessibility of these bottles make them a preferred choice for on-the-go hydration.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A06465
Players:
Amcor
Ball corporation
Crown Holdings
Allied Glass
Can Pack Group
Genpak
Paper Water Bottle
Mondi Group
Ardagh Group
Evergreen Packaging
Recent Development:
In April 2024, Amcor launches the first-ever one-liter carbonated soft drink stock bottle made from 100% post-consumer recycled material.
In July 2024, Ardagh launches new craft beverage glass bottles in U.S.
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐- https://www.alliedmarketresearch.com/disposable-water-bottle-market-A06465
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐'๐ฌ ๐๐ฑ๐ญ๐๐ง๐ฌ๐ข๐ฏ๐ ๐จ๐ง๐ ๐จ๐ข๐ง๐ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐จ๐ง ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐ง๐ ๐๐จ๐จ๐๐ฌ ๐๐จ๐ฆ๐๐ข๐ง:
๐๐๐ง๐๐ก๐๐ฅ๐ ๐ ๐๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/handheld-fans-market-A17759
๐๐จ๐ฆ๐ ๐๐๐ก๐๐๐ข๐ฅ๐ข๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/home-rehabilitation-products-market-A16857
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