Reusable Water Bottle Market Analysis

Global Reusable Water Bottle Market Overview

Reusable Water Bottle Market Size was valued at USD 8.5 Billion in 2022. The Reusable Water Bottle market is projected to grow from USD 8.9 Billion in 2023 to USD 12.7 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.60% during the forecast period (2024 - 2032). Growing concern about environmental risks, improvements in mobility, and a shift in workplace culture, are the key market drivers enhancing market growth.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Reusable Water Bottle Market Trends

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  Growing awareness regarding environmental hazards is driving the market growth

  
  

People have been inspired to take on the responsibility of minimising their contribution to the plastic crisis as a result of growing knowledge of environmental concerns. As a result, many people all across the world are switching permanently from single-use plastic bottles to reusable water bottles. The COVID-19 home isolation recommendations have also increased demand for reusable bottles and other kitchen equipment. According to a blog post by Klarna, during the lockout, millennials and members of Generation X spent a significant amount of their income on home and garden products. These products comprised kitchenware, drinkware, and other home goods.

Reusable water bottles are steadily gaining popularity among customers worldwide, particularly in homes, workplaces, and educational institutions. By using reusable bottles, less plastic is dumped in landfills, which is primarily what contaminates groundwater. The increasing awareness of the harmful environmental effects of non-disposable and single-use plastic bottles as well as a sharp increase in the volume of plastic waste in landfills and the oceans is also encouraging the use of reusable water bottles. Additionally, governments all around the world are taking action to promote the use of reusable water bottles made of glass, metal, and other environmentally safe materials while discouraging the use of single-use plastic water bottles. For instance, reusable bottle sales have increased as a result of the ban on single-use plastic water bottles in Australia, Canada, the United States, and some Indian states. Additionally, a high propensity for picnics and outdoor activities in city parks, nearby green spaces, and public trails points to reusable bottles of all kinds having a bright future. For instance, 52% of Canadians are more inclined to engage in outdoor leisure activities more regularly, according to a 2021 Maru Voice Canada poll.

Over the past few years, the market for reusable water bottles has expanded significantly due to an increase in demand for them in both sports and travel. Additionally, the affordability of reusable water bottles has aided in the market's expansion. During the forecast period, it is predicted that changes in consumer tastes, lifestyles, and improvements in living standards brought on by rising personal disposable income, particularly in developing countries, will accelerate the expansion of the Reusable Water Bottle Market. Additionally, it is estimated that the trend towards a healthier lifestyle and rising disposable incomes will boost the market during the projected timeframe. There are some limitations and difficulties that may prevent the market from expanding. The issues related to its weight and concerns regarding the leakage are likely to act as market restraints. Thus, driving the Reusable Water Bottle market revenue.

Reusable Water Bottle Market Segment Insights

Reusable Water Bottle Material Type Insights

The Reusable Water Bottle Market segmentation, based on Material Type, includes glass, stainless steel, plastic, silicon, and others. Plastic segment dominated the global market in 2022. This is attributed by producers to cheap manufacturing costs. Consumer interest in using reusable water bottles has increased due to the longer lifespan of plastic bottles, which is assisting in the segment's growth. Reusable bottles are superior to standard plastic bottles in some ways. Additionally, the blog post by Earth Day organizers in 2021 claims that over a million plastic bottles are purchased in the US every minute. Due to the numerous health advantages of copper, people like stainless steel that has a copper coating. Some of the newest trends in this product category include vacuum wood bottles made of stainless steel and copper.

Reusable Water Bottle Distribution Channel Insights

The Reusable Water Bottle Market segmentation, based on Distribution Channel, includes specialty stores, convenience stores, supermarkets & hypermarkets, and online. The supermarkets & hypermarkets segment dominated the Reusable Water Bottle Market in 2022. Because of the wide selection of products offered under one roof and the stores' persuasive structure, this method of shopping is becoming increasingly popular with consumers. The growth of this industry is being fueled by rising e-commerce and smart device use, as well as by easy payment options and marketing incentives. Due to the ease of selling reusable bottles by using bespoke logo printing, many producers employ this method of distribution. Manufacturers are making their products available online in response to consumer demand for online shopping, which enables them to reach a wider audience.

Figure 1: Reusable Water Bottle Market, by Distribution Channel, 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Reusable Water Bottle Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia Pacific Reusable Water Bottle market dominated this market in 2022 (45.80%). The government is aggressively encouraging bottle makers to utilise eco-friendly and sustainable materials as a result of awareness of the risks posed by plastic water bottles. This trend is likely to encourage customers to actively use reusable water bottles. The use of reusable water bottles in the area is likely to increase as a result of this programme. Moreover, China’s Reusable Water Bottle market held the largest market share, and the Indian Reusable Water Bottle market was the fastest growing market in the Asia-Pacific region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: REUSABLE WATER BOTTLE MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

The North America Reusable Water Bottle Market is expected to register significant growth from 2023 to 2032. Global market expansion is being fueled by urbanisation and a shift in lifestyle. People are choosing reusable water bottles over conventional disposable ones as they adopt a healthier lifestyle and consider how to preserve the environment. The industry is also being driven by global measures to protect marine life from the toxic plastic that is dumped in the oceans. Further, the U.S. Reusable Water Bottle market held the largest market share, and the Canada Reusable Water Bottle market was the fastest growing market in the North America region.

Europe Reusable Water Bottle market accounted for the healthy market share in 2022. The region's market is expanding as a result of urbanisation and a shift in lifestyle. People are choosing reusable water bottles over conventional disposable ones as they adopt healthier lifestyles and consider how to preserve the environment. The regional industry is also being driven by global measures to protect marine life from hazardous plastic that is dumped in the waters. Further, the German Reusable Water Bottle market held the largest market share, and the U.K Reusable Water Bottle market was the fastest growing market in the European region

Reusable Water Bottle Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Reusable Water Bottle market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Reusable Water Bottle Industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Reusable Water Bottle Industry to benefit clients and increase the market sector. In recent years, the Reusable Water Bottle Industry has offered some of the most significant advantages to medicine. Major players in the Reusable Water Bottle market, including Tupperware Brands Corporation, SIGG Switzerland AG, GmbH, CamelBak Products, LLC, Klean Kanteen, Contigo, Aquasana Inc., Hydaway, Nalgene, and S’well, are attempting to increase market demand by investing in research and development operations.

Originally created for use in laboratories, Nalgene is a brand of plastic goods that includes Petri plates, test tubes, jars, and bottles that are shatterproof and lighter than glass. Products made of plastic are acceptable for use with a wide range of chemicals and temperatures because to their unique qualities. The company that makes Nalgene products is Nalge Nunc International, which in 2004 changed its name to Thermo Fisher Scientific from Fisher Scientific. The brand name Nalgene is a trademark. Under the moniker Nalgene Sustain, the company introduced a fresh line of reusable water bottles in August 2020. The water bottles are composed of discarded plastic and 50% recycled material.

A creative project called MemobottleTM is situated in Melbourne, Australia. Memobottle's seeks to alter public opinions of the use of single-use water bottles and promote a more reusable lifestyle by offering fashionable and practical solutions. Memobottle announced their relationship with Water.org in June 2016. Every order placed through Memobottle results in a $1 gift as a result of this collaboration.

Key Companies in the Reusable Water Bottle market include

• Tupperware Brands Corporation


• SIGG Switzerland AG, GmbH


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  CamelBak Products, LLC


• Klean Kanteen


• Contigo


• Aquasana Inc.


• Hydaway


• Nalgene


• S’well

Reusable Water Bottle Industry Developments

February 2021: Hydaway just introduced a new design for its pocket-sized collapsible bottle. It comes in two sizes, 25 ounces and 17 ounces, and has a conventional cap closure and a practical spout lid. Silicone and BPA-free material are used to make the bottle.

December 2018: Split Peak disclosed that it had acquired Clean Bottle, a manufacturer of reusable water bottles. This acquisition is anticipated to use Split Peak's resources to expand the current workflows and provide Clean Bottle's clients with exciting new solutions.

Reusable Water Bottle Market Segmentation

Reusable Water Bottle Material Type Outlook

• Glass


• Stainless Steel


• Plastic


• Silicon


• Others

Reusable Water Bottle Distribution Channel Outlook

• Specialty Stores


• Convenience Stores


• Supermarkets & Hypermarkets


• Online

Reusable Water Bottle Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America