Water Bottle Market Size, Share, Forecasts Analysis, Company Profiles, Competitive Landscape and Key Regions 2029

The global water bottle market size is expected to gain traction owing to the rising number of sports activities during the forecast period.This information is published by Fortune Business Insights™ in an upcoming report, titled, “Water Bottle Market, 2022-2029.” The rising awareness among people to drink water to stay hydrated and to avoid consumption of unsafe water to maintain personal hygiene has shown increased market expansion. Moreover, increasing sports participation in various events is expected to have a positive impact on the market. For instance, according to the National Federation of State High School Associations, in 2019, the United States has a total of 7,937,49 students participating in sports activities in school.

COVID-19 Impact-

Supply Chain Disruption to Hamper Growth

Covid-19 has hampered the market because of government restrictions on travel, sports events, and trekking activities. Demand for consumer and retail goods has declined due to the pandemic. Movement of goods reduced due to disruption in the supply chain, reduced manpower, and movement of vehicles on the road.

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List of Key Players Profiled in the Global Market for Water Bottle:

  • SIGG Switzerland AG
  • Nalge Nunc International Corp
  • Tupperware brands
  • Klean Kanteen

Segments-

By material type, the market for water bottles is segmented into plastic, metal, glass, and others. On the basis of application, the market is segregated into sports, travel, education institutes, and others. On the basis of size, the market is fragmented into 0.5-1-liter, 1–2-liter, 2-3 liter. Finally, by geography, the market is divided into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

What does the Report Offer?

The report for water bottles gives information on the market participants, drivers, constraints, restraints, applications, growth factors. Market growth and profit rate, volume, manufacturing usage, and gross profit margin, shipping information, and other relevant elements are all included in the report.

Drivers & Restraints-

Increasing Tourism Industry to Stimulate Growth

The global water bottle market growth due to rising tourism during the forecast period. Surge in tourism, the cafes, hotels, pubs, are expected to increase sales of bottles. Tourism is important for economic growth, and the rising flux of tourists is increasing the expansion of the market. Favorable government initiatives to increase tourism rate are likely to boost the market. Moreover, increasing demand for jobs that require physical work such as construction, is accelerating the consumption rate.

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REGIONAL INSIGHTS

Presence of Prominent Players to Promote Growth in Asia Pacific

Asia Pacific is expected to hold the largest global water bottle market share during the forecast period. Booming growth in travel and tourism is anticipated to drive the demand in the region. Moreover, a striking development in the education sector leading to increasing water consumption will drive the market forward.

North America is anticipated to hold a significant position in the market. The increasing number of people participating in outdoor sports events is driving the demand in the region. Furthermore, the rising popularity of public racing championships such as the Jackson Day Race, NYC Half Marathon is fostering the demand.

Competitive Landscape-

Manufacturers to Focus on R&D Investments to Offer Advanced Products

The competitive landscape for the market breaks down information by competitors. Company overview, finances, income generated, market demand, R&D investments, new industry initiatives, international reach, manufacturing facilities and infrastructure, production schedules, company strengths, and limitations.

Industry Development-

  • July 2019: Valvet launched its 100% recyclable plastic water bottle.

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