During the forecast period (2020-2030), the global reusable water bottle market is expected to increase at a CAGR of roughly 4%, reaching a value pool of over US$ 11 billion.
It would be premature to speculate on the impact of Covid-19 on reusable water bottle demand. The global pandemic, on the other hand, has thrown up various barriers in the way of the global reusable water bottle market‘s expansion. Governments all around the world have advocated for the safety and well-being of their citizens, and most retail and consumer products sales have suffered a setback.
Because reusable water bottles are considered “non-essential,” they have received some criticism in this regard. Due to a scarcity of trucks, manpower, and state regulations limiting the global epidemic, the transportation of reusable water bottles from one channel node to another is still constrained.
Concerns over the alarming rise in plastic garbage have sparked a slew of initiatives aimed at reducing its use. Consumers are being urged to switch from single-use water bottles to reusable water bottles as part of the ongoing war against plastic. The primary driver for the growth of the reusable water bottle market is likely to be increasing consumer environmental consciousness.
Reusable Water Bottle Market: Segmentation
FactMR’s study has done the segmentation of the reusable water bottle market on the basis of material, product, primary usage, size, sales channel and region
- Other Utilities
- 8-12 Oz
- 16-27 Oz
- 32 Oz
- 40 Oz
- 64 Oz
- 1 Gallon and Above
- Supermarkets / Hypermarkets
- Independent Stores
- Other Channels
- North America
- Latin America
- CIS & Russia
In-depth Competitive Analysis of the Reusable Water Bottle Market
The study concludes with a section on the competitive landscape of the reusable water bottle market, as well as profiles of key businesses driving market growth. A complete dashboard view has been used to bring essential and up-to-date data as well as information associated to market performers who are primarily engaged in the production and delivery of reusable water bottles. The report’s market share research and comparison of important players allows readers to plan proactive strategies to improve their businesses.
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