Press release
Major Market Shift in Sports Bottle Industry: Innovative Hydration Tracking Technology In The Sports Bottle Market
Sports Bottle Market Size
In recent times, the market size for sports bottles has seen a significant increase. The market will expand from $5.13 billion in 2024 to $5.43 billion in 2025, with a compound annual growth rate (CAGR) of 5.8%. The historical growth period can be linked to an increased concern about plastic pollution, an enhanced focus on health and wellness prompting consumers to maintain hydration, celebrity athlete endorsements making sports bottles popular, rules limiting single-use plastics, and an increased presence in retail stores.
The market size of sports bottles is predicted to experience a significant expansion in forthcoming years, expanding to a value of $6.72 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 5.5%. This growth during the predicted period can be attributed to factors such as increased disposable income leading to more spending power, an increase in outdoor leisure pursuits, the integration of hydration into overall health strategies, a shift towards online retail, urban advancing, and hectic lifestyles fueling the demand. Predominant trends during the forecast period consist of the development of intelligent sports bottles with hydration tracking and external heat control, the incorporation of UV-C technology, partnerships between sports bottle creators and athletes for product promotion and unique designs, a rise in the demand for collapsible and folding sports bottles, and the rollout of sports bottles possessing built-in filtration systems for purification on the move.
What Factors Are Propelling the Expansion of the Sports Bottle Market?
The increase in outdoor recreational endeavors is anticipated to fuel the expansion of the sports bottle market. Leisure activities in the great outdoors, such as camping, hiking, kayaking, or skiing, are included in these pursuits. These activities afford many health benefits, such as improved heart health, expanded endurance and strength, and an advanced immune response, leading to improved fitness and overall wellbeing. Sports bottles, with their easy-to-carry hydration solutions, motivate people to remain active and prevent dehydration during their outdoor escapades. Take, for instance, the Outdoor Participation Trend report by the Outdoor Industry Association (OIA), published in June 2023. This U.S.-based non-profit confirmed that the number of outdoor recreational participants grew by 2.3% in 2022, hitting a new high of 168.1 million participants, compared to 164.2 million in 2021. This represented 55% of the U.S. population aged six and up. Hence, the popularity of outdoor pursuits is spurring the growth of the sports bottle market.
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Which Businesses Are at the Forefront of Sports Bottle Market Development?
Major companies operating in the sports bottle market are Nike Inc., Yeti Holdings Inc., Tupperware Brands Corporation, Igloo Products Corp., CamelBak Products LLC, BlenderBottle, Mizu, Hydro Flask, Polar Bottle Ltd., Nalge Nunc International, S'well, Nathan Sports Inc., Klean Kanteen, Bubba Brands Inc., Zojirushi Corporation, Lifefactory, SIGG Switzerland Bottles AG, Stanley (PMI), O2COOL LLC, GSI Outdoors, Platypus, RTIC Outdoors, Contigo, Shine time, AVEX Limited
What Are the Latest Innovations in the Sports Bottle Market?
In the sports bottle market, leading firms are focusing on introducing hydrating technology, such as hydration monitoring systems, to enhance revenue growth by delivering improved hydration, performance, and usability. Hydration monitoring technology refers to tools or applications that keep track of an individual's daily water consumption, frequently providing reminders or insights to keep hydration at its best. For example, in October 2022, Gatorade Company, a food and beverage firm based in the US, introduced the Gx Bottle. This system works with Gx pods filled with concentrated Gatorade. The bottle cap tracks the volume of liquid consumed and synchronizes with the Gatorade Gx application to set hydration goals, send reminders, and adjust LED brightness levels. Additionally, Gatorade offers Gx Sweat Patches, wearable patches that measure sweat and sodium loss during physical exercise.
How Is the Sports Bottle Market Segmented?
The sports bottle market covered in this report is segmented -
1) By Product: Insulated, Non Insulated
2) By Material Type: Stainless Steel, Plastic, Silicone, Aluminum, Other Material Types
3) By Distribution Channel: Hypermarket Or Supermarket, Convenience Store, Online Sale Channel
4) By Application: Daily Life, Outings
Subsegments:
1) By Insulated: Double-Walled Insulated Bottles, Vacuum-Insulated Bottles
2) By Non-Insulated: Plastic Sports Bottles, Stainless Steel Sports Bottles, Glass Sports Bottles
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Where Is the Sports Bottle Market Growth Most Prominent?
North America was the largest region in the sports bottle market in 2024. The regions covered in the sports bottle market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Sports Bottle Global Market Report?
- Market Size Analysis: Analyze the Sports Bottle Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sports Bottle Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Sports Bottle Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sports Bottle Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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