Consumer Goods / Water Bottles Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Thermos LLC, PMI, Lock & Lock, Contigo
Water Bottles Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Thermos LLC, PMI, Lock & Lock, Contigo
Registering a CAGR of 4.8% over the forecast period of 2022-2027, the global water bottles market is anticipated to reach the market value of US$ 20540 million in the year 2027 from US$ 14670 million in the year 2021.
Water Bottles Market Overview
A water bottle is a drinking container that holds water, liquids, or other beverages for consumption. A person can transfer a beverage from one location to another by using a water bottle. Plastic, glass, or metal are the most common materials used to make water bottles. Water bottles come in a variety of shapes, colours, and sizes.
The highly diversified market for reusable water bottles, which includes a wide range of product types in terms of material, size, form, and design, has a significant number of water bottle producers competing for market share in the United States by introducing novel products. Growing use of BPA-free materials and increased acceptance of smart bottles are projected to have a significant impact on the overall market.
Currently, there are many manufacturers of water bottles in the market. Top 10 manufacturers in the market combined possess a market share of 22%. Key players in the market are Tupperware, Thermos, CamelBak, Lock & Lock, Zojirushi and PMI. There are several innovations in the market like smart water bottles which have activity tracker and can be integrated with devices like smartwatch, smartphone. Such innovations are creating growth opportunities for the market of water bottles.
Who are the Prime Players in the Water Bottles Market
November 02, 2020: Tupperware Brands Announces Long-Term Commitment to Remain Headquartered in Central Florida
Tupperware Brands (NYSE: TUP) announces its commitment to remain in the Orlando area by closing on a long-term sale-leaseback agreement with O'Connor Capital Partners for approximately 41-acres of land on which Tupperware Brands' headquarters is located.
Aug 25, 2021: Tupperware Releases New Limited-Edition National Park-Themed Products To Encourage Waste-Free Adventures--
Tupperware and the National Park Foundation have expanded their partnership to offer four limited-time products to help adventure-goers "keep parks fresh" and waste-free with designs honoring the beautiful sights found in national parks around the country.
What are the major Applications, Types and Regions for Water Bottles Market?
By Type, Water Bottles Market has been segmented into
Plastic Bottles
Metal Bottles
Glass Bottles
By Application, Water Bottles Market has been segmented into,
In Store (Offline)
Online
Water Bottles Market Regional Analysis:
Asia Pacific is estimated to be the prominent market shareholder and is projected to continue throughout the forecast period of 2020-2027. The booming growth of travel and tourism in various countries is anticipated to propel the need and demand for water bottles. For instance, according to the data published by the Invest India.Gov, is declaring that in 2018 travel and tourism was estimated to be the largest service industry in India which is assessed to be worth USD 234 billion. Furthermore, the thriving development of educational institutions leading to increase consumption of water bottles is evaluated to have a significant contribution for the market growth. For instance, according to the World Education News Review.Org, December 2019, is declaring that China has 270 million students enrolled in various levels of education and has 514,000 educational institutions.
Yes, the report can be customized as per your needs
Key Takeaways from this Water Bottles Report
Evaluate Water Bottles market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Water Bottles market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the growth rate of Water Bottles Market?
The Water Bottles Market is growing at a CAGR of 4.8% over the next 5 years.
What are the significant types of Water Bottles Market?
Plastic Bottles, Metal Bottles, Glass Bottles
What are the major end-use applications of Water Bottles Market?
In Store (Offline), Online
On the basis of types, Which segment is likely to hold the major share in the Water Bottles Market?
Plastic Bottles segment to hold the largest share in Water Bottles market
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
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.