Jul 9, 2019
The market for reusable water bottles was valued at US$ 7.6 billion by the end of 2016 and is anticipated to reach US$ 9.9 billion by 2023, expanding to a CAGR of 4.0% from 2016 to 2023.

SANJOSE, United States - July 9, 2019 /MarketersMedia/ —
According to a new market report issued by Credence Research "Reusable Water Bottles Market–Growth, Future Prospects, Competitive Analysis and Forecast 2016–2023," the market for reusable water bottles was valued at US$ 7.6 billion by the end of 2016 and is anticipated to reach US$ 9.9 billion by 2023, growing at a CAGR of 4.0% between 2016 and 2023.
Bottles that can be reused for multiple bottler trips or reused by households are commonly referred to as reused water bottles. Reusable water bottles are widely used for drinking and carrying beverages from one place to another. The global market for reusable water bottles has increased significantly, encircling various products in terms of shape, size, materials, features, and designs. Reusable water bottles have been linked with environmental concerns over the past few years. Consumers who usually carry reusable water bottles are carrying not just to have water at hand but also as an objection against significant wastage of disposable plastic water bottles. Increasing health awareness, coupled with rising household purchasing power, has stepped up demand for reusable water bottles worldwide. Throughout the projection period, changing the living standards of people in developing countries such as India and China will likely fuel the market growth of reusable water bottles worldwide. "Environmental campaigners urged people for ages to invest in a reusable bottle. We're producing more waste than the planet can handle, so buying one is an easy, nearly too sensible way to stop it. For context, Americans buy about 50 billion plastic water bottles a year, averaging about 13 bottles a month for everyone in the United States. Thus, an individual could save an average of 156 plastic bottles per year by using a reusable bottle."
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Urbanization and changing lifestyles along with an increasing population, particularly in Asian countries such as China and India, a more profound inclination towards smartphones and a significant and robust distribution network are predicted to boost the growth of the global reusable water bottles business between 2016 and 2023. Also, the increasing variety of designed and stylish water bottles will drive demand for reusable water bottles worldwide in the coming years.
The market for reusable water bottles is segmented by sales channels like supermarket/hypermarket, online stores, and others. Among these, the supermarket/hypermarket segment captured the highest market share in the 2015 global reusable water bottle market's total revenue. During the period 2016-2023 the sector is expected to dominate. Increasing internet penetration worldwide is expected to boost online store segment growth over the forecast period. The global market for reusable water bottles is also segmented based on the use that includes daily use, sports, and travel. During the forecast period, the sports segment is expected to see robust growth. The reusable water bottles market is also bifurcated by material types such as polymer, metal, glass, and silicon. In the total worldwide reusable water bottles market by 2023, the metal segment is expected to see significant growth and higher demand.
Key Trends:
Emerging urban middle class
Rising trendy water bottles
Online shopping
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ToC:
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Reusable Water Bottles Market
Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Challenges
3.2.3 Market Opportunities
3.3 Attractive Investment Proposition
3.4 Market Share Analysis of Key Manufactures in Global Reusable Water Bottles Market
Chapter 4 Global Reusable Water Bottles Market Analysis, By Sales Channel
4.1 Hypermarket/Supermarket
4.2 Online Store
4.3 Others
Chapter 5 Global Reusable Water Bottles Market Analysis, By Usage
5.1 Daily Use
5.2 Sports
5.3 Travel
Chapter 6 Global Reusable Water Bottles Market Analysis, By Material Type
6.1 Polymer
6.2 Metal
6.3 Glass
6.4 Silicon
Chapter 7 North America Reusable Water Bottles Market Analysis
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Chapter 8 Europe Reusable Water Bottles Market Analysis
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Chapter 9 Asia Pacific Reusable Water Bottles Market Analysis
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Chapter 10 Latin America Reusable Water Bottles Market Analysis
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Chapter 11 Middle East & Africa Reusable Water Bottles Market Analysis
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Chapter 12 Snapshot of Major Reusable Water Bottles Players
12.1 S’Well Corporation
12.2 Tupperware Brands Corporation
12.3 Nalge Nunc International Corporation
12.4 Thermos LLC
12.5 BRITA GmbH
12.6 Camelbak Products LLC
12.7 Nathan Sports, Inc.
12.8 Klean Kanteen, Inc.
12.9 AQUASANA, Inc.
12.10 Cool Gear International LLC
Chapter 13 Macroeconomic and Forecast Indicators Impacting the Reusable Water Bottles Market
13.1 Urban Population
13.2 Smartphones Market
13.3 Personal Disposable Income
...............toc continued
Browse the full Reusable Water Bottles Market by Sales Channel, Usage, Material Type and Geography - Growth, Future Prospects, Competitive Analysis, and Forecast 2016 – 2023 report at https://www.credenceresearch.com/report/reusable-water-bottles-market
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
Contact Info:
Name: Chris Smith
Email: Send Email
Organization: Credence Research
Address: 105 N 1st ST #429, SAN JOSE,, CA 95103, United States
Phone: 18003618290
Website: https://www.credenceresearch.com
Source: MarketersMedia
Release ID: 88894090
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