Reusable Water Bottle Market

Reusable Water Bottle Market was valued at USD 8.5 billion in 2021 and is forecast to touch USD 11.5 billion in 2029, and the market is expected to grow at a CAGR of 3.8%.

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Market Dynamic

Key Drivers and Emerging Trends

The improving living standards of individuals at the global level is a major factor that is encouraging them to opt for reusing water bottles rather than disposing of. People are becoming more health-conscious and are aware of the various harmful effects of using non-reusable bottles. This factor is further responsible for the growth of the reusable water bottle market share in terms of revenue. Moreover, the increasing application of reusing water bottles in numerous industries is further driving the growth of the reusable water bottle market size. For example, the food and beverage sector is increasingly using reusable bottles as it easily recyclable, easy to maintain, and non-reactive. The government of various economies is focusing on introducing different initiatives and strategies to support the reuse of water bottles in the country. UNICEF and the Ministry of Education Maldives declared to offer reusable water bottles to all the first graders in the Maldives. In 2020, The Environment Agency – Abu Dhabi (EAD), the largest environmental regulator in the Middle East, announced to stop the usage of single-use plastic and non-plastic material by 2021 and will promote the culture of recycling and re-usage.

As per the reusable water bottle market statistics, there are around 60 million plastic bottles that end up in landfills and incinerators every day. Furthermore, only 1 out of 5 plastic bottles is recycled, and the rest is disposed of or buried under the ground. Thus, the increasing amount of waste generated by water bottles is surging the requirement of reuse plastic. The accelerating demand for reusable water for sports and travel has opened up new growth opportunities for the reusable water bottle market at the global level. Global giants around the world are launching different initiatives to promote the reuse of plastic water bottles. In 2018, Hindustan Unilever introduced its new “100% rPET packaging solutions for their sunlight hand dish wash bottles in South Africa, Thailand, and Vietnam. The top manufacturers in the market are expanding their product portfolio to cater to the changing demand of the consumers. For example, in 2019, Cove launched a reusable water bottle that was made of biodegradable materials. This factor is responsible for the growth of the reusable water bottle industry over the coming years.

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Material Type – Segment Analysis

Based on the material type, the plastic segment is anticipated to grow at a higher CAGR during the forecast period. Plastic material involves lower manufacturing costs, which is encouraging the manufacturers to opt for plastic water bottles rather than using any other material. On the other hand, the silicone segment is predicted to dominate the segment attributed to the increasing popularity as this material offers various advantages such as heat resistance, chemically non-reactive, and is safer for the environment.

Distribution Channel – Segment Analysis

Based on the distribution channel, the supermarkets/ hypermarkets segment is predicted to dominate the market over the forecast period. The availability of a wide range of products and designs as per the specific needs of individuals is one of the biggest factors that is energizing the growth of the market. Moreover, the availability of staff members who helps in getting the right product and instant buying of products rather than waiting for it to get delivered, such as in online shopping, is further driving the reusable water bottle market growth.

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Regional – Segment Analysis:

Based on the region, Asia pacific region is predicted to dominate the market during the forecast period. The high population rate, increasing usage of reusable water bottles, and low cost of manufacturing in economies such as India and China, are some of the major factors that are contributing to the market growth of this region. Additionally, the improving economic condition of the Asian countries and the rising disposable income is indirectly boosting the market’s demand. Individuals are moving towards a healthy lifestyle and are focusing on maintaining a sustainable environment, thus giving emphasis on reusing water bottles. For instance, Clear Channel Singapore is an out-of-home company, which supports its staff to drink from a water dispenser rather than consuming bottled water. To support the “Say YES to Waste Less” campaign, the company also aims to recycle discarded poster, which will be used in different events across the country.

Top Market Players

Various notable players operating in the market, include Tupperware, S’Well Corporation, SIGG Switzerland AG, GmbH, CAMELBAK, Thermo Fisher Scientific Inc., Klean Kanteen, Contigo, HYDAWAY, LLC, Aquasana Inc., Brita, among others. 

Segments covered in the Report:

The global Reusable Water Bottle market has been segmented on the basis of Material Type, Distribution Channel, and key regions. Based on Material Type, the market is segmented into Glass, Metal, Plastic and Silicone. Based on Distribution Channel, the market is segmented into Specialty Store, Hypermarket & Supermarket, Convenience Store and Online. 

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Key questions answered in this research report:

• • At what pace is global Reusable Water Bottle market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Reusable Water Bottle market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Reusable Water Bottle market?
  • Which Material Type generated maximum revenues in 2021 and identify the most promising Material Type during the forecast period?
  • What are the various Distribution Channel areas of global Reusable Water Bottle market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Revenues (2021)	USD 8.5 billion
Market Base Year	2021
Market Forecast Period	2022-2029
Base Year & Forecast Units	Revenues (USD Billion)
Market Segment	By Material Type, By Distribution Channel, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Tupperware, S’Well Corporation, SIGG Switzerland AG, GmbH, CAMELBAK, Thermo Fisher Scientific Inc., Klean Kanteen, Contigo, HYDAWAY, LLC, Aquasana Inc., Brita, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Reusable Water Bottle Market by Material Type

• • Glass
  • Metal
  • Plastic
  • Silicone

Global Reusable Water Bottle Market by Distribution Channel

• • Specialty Store
  • Hypermarket & Supermarket
  • Convenience Store
  • Online

Global Reusable Water Bottle Market by Region

• • North America Reusable Water Bottle Market (Option 1: As a part of the free 25% customization)
    • By Material Type
    • By Distribution Channel
    • US Market All-Up
    • Canada Market All-Up
  • Europe Reusable Water Bottle Market (Option 2: As a part of the free 25% customization)
    • By Material Type
    • By Distribution Channel
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Reusable Water Bottle Market (Option 3: As a part of the free 25% customization)
    • By Material Type
    • By Distribution Channel
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Reusable Water Bottle Market (Option 4: As a part of the free 25% customization)
    • By Material Type
    • By Distribution Channel
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Reusable Water Bottle (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Tupperware
  • S’Well Corporation
  • SIGG Switzerland AG, GmbH
  • CAMELBAK
  • Thermo Fisher Scientific Inc.
  • Klean Kanteen
  • Contigo
  • HYDAWAY, LLC
  • Aquasana Inc.
  • Brita