Reusable Water Bottle market

Reusable Water Bottle Market Witness Growth 4.02% by 2030

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The global Reusable Water Bottle market size is expected to be worth around US$ 88.8 billion by 2030, according to a new report by Vision Research Reports.

The global Reusable Water Bottle market size was valued at US$ 61.77 billion in 2020 and is anticipated to grow at a CAGR of 4.02% during forecast period 2021 to 2030.

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Growth Factors

According to Forbes Media LLC, every minute humans buy a million plastic bottles and the fact that 91% of this is not recycled is becoming a threat to the environment. However, the growing demand for environmentally-friendly products and easy-to-carry bottles among consumers is a major factor fueling the market growth.

Therefore, health advantages associated with metal-based bottles, such as restraining harmful chemicals emitted from plastic bottles, are causing greater adoption of the product among consumers. In addition, the multi-purpose usage of stainless-steel water bottles in keeping water cold or hot for longer durations owing to their insulating properties has attracted consumers to these products.

Increasing preference of the younger population for buying various products through specialty stores owing to greater quality, fewer chances of selling counterfeit products, and assistance in buying the products is a key factor boosting the growth of the specialty stores segment.

Report Highlights

In terms of value, plastic dominated the market with a share of 35.7% in 2020. This is attributed to the low cost of manufacturing by producers. The greater life expectancy of the plastic reusable water bottles has increased consumers’ interest in the consumption of reusable water bottles, which is supporting the growth of the segment. As per the blogs published by Mathematics for Sustainability, purchasing a reusable bottle costing USD 20 can save up to USD 6,180 when compared to buying disposable plastic bottles, after using them for five years, which is considered to be the bare minimum life expectancy of plastic-based reusable water bottles.

Reusable plastic bottles offer an advantage over traditional plastic bottles. Moreover, as per the blogs published by Mathematics for Sustainability: Fall 2017, in the U.S., 42.6 million plastic bottles are purchased in a year, which sums up to USD 11.8 million of the average spending of Americans on these bottles. Thus, reusable plastic bottles are a much convenient and environment-friendly solution that is gaining traction in the market.

The online segment is expected to expand at the fastest CAGR of 4.9% over the forecast period. The rise in the penetration of e-commerce and smart devices, easy payment options, and discounts are the factors contributing to the growth of this segment. Moreover, the option of personalized prints on the bottle and easy comparison of a variety of products online are driving the segment. Increasing preference for online shopping is driving the manufacturers to offer their products through online channels to reach out to the vast consumer base.

Asia Pacific dominated the market with a share of 39.2% in 2020. This is attributed to the large population, the use of reusable water bottles, and the low cost of manufacturing in countries like India and China. The share is expected to remain significant in the future years due to the development in the economies and increase in disposable income.

Urbanization and change in lifestyle are other factors that are contributing to market growth across the world. People are moving toward a healthy lifestyle and are thinking of a sustainable environment, thus preferring reusable water bottles against the ordinary disposable ones. Moreover, initiatives taken across the world to save marine life from the harmful plastic that is disposed of in the oceans are driving the market.

Supermarkets and hypermarkets dominated the market with a share of 38.4% in 2020. The availability of a large variety of products under one roof and influential layout motivate consumers to purchase products from these stores. In addition, the availability of a store associate helping consumers in choosing the right products and instant buying of the product rather than waiting for its delivery as in the case of online purchasing are the major motivating factors for consumers to choose this sales channel.

Key Players

  • Tupperware Brands Corporation
  • SIGG Switzerland AG, GmbH
  • CAMELBAK PRODUCTS LLC
  • Nalge Nunc International Corp.
  • Klean Kanteen Inc.

Market Segmentation

  • Material Type Outlook 
    • Glass
    • Stainless Steel
    • Plastic
    • Silicone
    • Others
  • Distribution Channel Outlook
    • Specialty Stores
    • Hypermarkets & Supermarkets
    • Convenience Stores
    • Online
  • Regional Outlook 
    • North America
      • U.S.
    • Europe
      • Germany
      • U.K.
    • Asia Pacific
      • India
      • China
    • Central & South America
    • Middle East & Africa

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Reusable Water Bottle Market, By Material Type

7.1.  Reusable Water Bottle Market, by Material Type, 2021-2030

7.1.1.    Glass

7.1.1.1.        Market Revenue and Forecast (2016-2030)

7.1.2.    Stainless Steel

7.1.2.1.        Market Revenue and Forecast (2016-2030)

7.1.3.    Plastic

7.1.3.1.        Market Revenue and Forecast (2016-2030)

7.1.4.    Silicone

7.1.4.1.        Market Revenue and Forecast (2016-2030)

7.1.5.    Others

7.1.5.1.        Market Revenue and Forecast (2016-2030)

Chapter 8.  Global Reusable Water Bottle Market, By Distribution Channel

8.1.  Reusable Water Bottle Market, by Distribution Channel, 2021-2030

8.1.1.    Specialty Stores

8.1.1.1.        Market Revenue and Forecast (2016-2030)

8.1.2.    Hypermarkets & Supermarkets

8.1.2.1.        Market Revenue and Forecast (2016-2030)

8.1.3.    Convenience Stores

8.1.3.1.        Market Revenue and Forecast (2016-2030)

8.1.4.    Online

8.1.4.1.        Market Revenue and Forecast (2016-2030)

Chapter 9.  Global Reusable Water Bottle Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Material Type (2016-2030)

9.1.2.    Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Material Type (2016-2030)

9.1.3.2.        Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Material Type (2016-2030)

9.1.4.2.        Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Material Type (2016-2030)

9.2.2.    Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Material Type (2016-2030)

9.2.3.2.        Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Material Type (2016-2030)

9.2.4.2.        Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Material Type (2016-2030)

9.2.5.2.        Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Material Type (2016-2030)

9.2.6.2.        Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Material Type (2016-2030)

9.3.2.    Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Material Type (2016-2030)

9.3.3.2.        Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Material Type (2016-2030)

9.3.4.2.        Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Material Type (2016-2030)

9.3.5.2.        Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Material Type (2016-2030)

9.3.6.2.        Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Material Type (2016-2030)

9.4.2.    Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Material Type (2016-2030)

9.4.3.2.        Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Material Type (2016-2030)

9.4.4.2.        Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Material Type (2016-2030)

9.4.5.2.        Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Material Type (2016-2030)

9.4.6.2.        Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Material Type (2016-2030)

9.5.2.    Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Material Type (2016-2030)

9.5.3.2.        Market Revenue and Forecast, by Distribution Channel (2016-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Material Type (2016-2030)

9.5.4.2.        Market Revenue and Forecast, by Distribution Channel (2016-2030)

Chapter 10.  Company Profiles

10.1.              Tupperware Brands Corporation

10.1.1.  Company Overview

10.1.2.  Product Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              SIGG Switzerland AG, GmbH

10.2.1.  Company Overview

10.2.2.  Product Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              CAMELBAK PRODUCTS LLC

10.3.1.  Company Overview

10.3.2.  Product Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              Nalge Nunc International Corp.

10.4.1.  Company Overview

10.4.2.  Product Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              Klean Kanteen Inc.

10.5.1.  Company Overview

10.5.2.  Product Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

Glossary of Terms

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