Reusable Water Bottle Market: Global Industry Analysis, Trends | Forecast 2024

Reusable water bottle market is considered as an extreme diversified market due to the presence of a large number of water bottles manufacturer along with vast a variety of reusable water bottle, in terms of size, shapes and design. Moreover, the reusable water bottle market can be distributed on the basis of material type such as polymer, metal, glass and silicone, wherein Tritan based polymer is gaining huge traction as it is a BPA free polymer which is low in cost and widely available. In addition to this, the distribution network of reusable water bottle market can be segmented into supermarket/hypermarket, independent stores, online sales and other distribution channel such as direct distribution, etc.

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Furthermore, the reusable water bottles market has witnessed a shift from the conventional reusable water bottle in order to bring substantial benefit to the consumer in terms of health. The manufacturer has initially shifted their focus towards reusable water bottle with filters and infusers, wherein, reusable water bottle with filters is required to provide pure clean water and reusable water bottle with infuser will provide nutritious health benefits depends upon the type of fruit or herb is added. According to our global consumer survey analysis, the major critical issue faced by the respondents is “cleaning”.

Global Reusable Water: Segmentation

In order to understand and assess opportunities in this market, the report is categorically divided into four key sections on the basis of material type, distribution network, primary usage and region. The report analyses the global reusable water bottle market in terms of value (US$ Mn) and volume (‘000 Units).

The report begins with an overview of the global reusable water bottle market, evaluating market performance in terms of revenue and volume, followed by TMR’s analysis of key trends, drivers, and restraints witnessed in the global market. Impact analysis of the key growth drivers and restraints based on the weighted average model is also included in the report. Apart from these information, the report also includes consumer survey analysis collected from 108 consumers across five geographies to equip the client with crystal-clear understanding of consumer behavior and make strategic decisions.

Rising Demand for Convenience Products Leading to Increase in Product Varieties

Some of the most crucial factors driving the global demand for reusable water bottles are the cost-effective and environmentally sustainable nature of reusable bottles. The rising global awareness regarding the increased usage of reusable or recyclable materials that can reduce the amount of non-biodegradable waste generated post their disposal and the consumption of fossil fuels for their production is also key to the market’s promising growth prospects. The high costs associated with the use of single serve bottles is also a key factor driving the global market for reusable water bottles.

The market is also driven by the high demand for and a widened scope of convenience products in the global market. Fast-paced lifestyles, rising disposable incomes, and improving standards of living have largely contributed to this trend lately, especially in developing economies. The high consumer preference to convenience products has led to the increased availability of a wide variety of reusable water bottles with additional features such as innovative dispensers, bottle carrying solutions, and aesthetic features.

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