Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Sports Reusable Water Bottles Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.2% during the review period (2022 to 2027).
The use of Sports Reusable Water Bottles in outdoor activities is one of the most important factors anticipated to boost market expansion during the forecast period. A significant amount of the market for sports reusable water bottles is driven by trekking activities, and organising an exciting weekend journey is growing popular. For instance, the percentage of Americans participating in outdoor activities climbed from 50.7% to 52.9%, according to a research from the Outdoor Foundation. Demand for reusable Sports Reusable Water Bottles is anticipated to increase in the near future due to the increase in such outdoor activities.
Bottle manufacturers have created appealing sport bottles in response to consumer demand for a distinct water bottle for sporting activities. The market for bottles has experienced significant growth as a result of rising demand for fitness and exercise equipment, with sport bottles ranking among the most crucial items. The needs of consumers are continually being met by bottle producers, who also provide sports bottles that are fashionable, appealing, and come in a range of styles.
Recent Developments:
Nov 06, 2019 :Nalgene Outdoor, maker of reusable water bottles, launches its new "Customizer" online store, which offers Nalgene bottle fans a way to create individualized products quickly and easily– the perfect companion for everyday adventures
March 09, 2018 :Thermos L.L.C., the world’s leading manufacturer of portable insulated food and drink containers sold under its flagship Genuine Thermos® Brand, has partnered with the style-makers at Patina Vie to launch a new beverageware line debuting at the 2018 International Home + Housewares Show (#S2443).
The global Sports Reusable Water Bottles includes identification and analysis of the various market participants competing in the global market. Prominent competitors include Gobilab, Chilly’s Bottles, Thermos, Pacific Market International (PMI), Tupperware, SIGG, Klean Kanteen, CamelBak, Nalgene, VitaJuwel, Hydro Flask, HydraPak, Nathan Sport, Platypus many others
Sports Reusable Water Bottles Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application it is segmented into
In terms of revenue, Asia Pacific led all other regions in the market for sports reusable water bottles in 2020, with a 35.45% share, followed by North America and Europe. The market for sports reusable water bottles will expand due to increased health consciousness and an increase in disposable income. Sports bottles are one of the most common accessories used every day, and as more people join health clubs or engage in indoor and outdoor activities, the market for fitness accessories is being impacted.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 4.2% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Gobilab, Chilly’s Bottles, Thermos, Pacific Market International (PMI), Tupperware, SIGG, Klean Kanteen, CamelBak, Nalgene, VitaJuwel, Hydro Flask, HydraPak, Nathan Sport, Platypus |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 105 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Sports Reusable Water Bottles Market is studied from 2017 - 2027.
What is the growth rate of Sports Reusable Water Bottles Market?
The Sports Reusable Water Bottles Market is growing at a CAGR of 4.2% over the next 5 years.
Who are the leading key players in Sports Reusable Water Bottles Market?
Gobilab, Chilly’s Bottles, Thermos, Pacific Market International (PMI), Tupperware, SIGG, Klean Kanteen, CamelBak, Nalgene, VitaJuwel, Hydro Flask, HydraPak, Nathan Sport, Platypus
What regions does this Sports Reusable Water Bottles Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Sports Reusable Water Bottles Market?
Plastic Bottles, Glass Bottles, Others
What are the significant Applications of Sports Reusable Water Bottles Market?
Offline Store, Online Store
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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