Stainless Steel Bottle Market Size is expected to reach USD 4.5 billion by 2028, growing at a CAGR of 9.82% from 2022 to 2028.
A stainless steel water bottle is a new trending product in the bottle industry. Ѕtаіnlеѕѕ ѕtееl bоttlеѕ аrе frее оf ВРА, а harmful сhеmісаl whісh hаѕ bееn uѕеd tо hаrdеn thе рlаѕtісs. BPA сhеmісаl саuѕеs mаnу рrоblеmѕ tо thе humаn bоdу such as hеаrt dіѕеаѕеѕ, dіаbеtеѕ, mеmоrу lоѕѕ, аnd brаіn funсtіоnіng. Stainless steel water bottles provide іnѕulаtіоn fоr drіnkѕ whеthеr thеу are hot оr соld. Plastic and reusable water bottles are recycled at a high cost whereas stainless steel water bottles are reusable. Since, it is made of stainless steel, which provides a long life to water bottles and also provides resistance to corrosion.
Stainless steel water bottle reduces the pollution level which is a driving factor for the growth of the stainless steel water bottle market. The durability of the stainless steel bottle is also a driver for the growth of the stainless steel water bottle market. Initiatives from various organizations for the production of non-plastic bottles are an opportunity for the stainless steel water bottle market. Increasing health and environmental awareness among the customers is also an opportunity for the stainless steel water bottle market. Increasing awareness about the harmful effects of usage of single-use plastic bottles to the environment is a key factor driving the demand for stainless steel insulated bottles worldwide. Such bottles can be reused and also cleaned easily. They do not contain harmful chemicals, unlike plastic bottles, and are sturdy compared to other kinds of bottles (glass and plastics, etc.). Several plastic bottles contain chemicals, such as BPA, which are known to cause cancer, brain dysfunction, and memory loss. All these factors restrain the use of plastic bottles and fuel the preference for stainless steel insulated bottles.
Industry Updates:
Stainless Steel Bottle Market is segmented based on the type, applications, companies and regions.
Market Volume (%) By Type, it is segmented into
Market Volume (%) By Applications it is segmented into
The stainless steel bottle market is growing at a remarkable pace in the APAC region as a result of increasing concerns about plastic and the environment. The APAC region is one of the fastest growing markets for stainless steel bottles and tumblers, with new product launches, mergers and acquisitions and expansions taking place at a rapid rate. There is immense scope for the stainless steel bottle market to grow in this region, especially with increasing demand from China and Japan.
All these factors greatly affect the Stainless Steel Bottle market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales value, sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
The Stainless Steel Bottle Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Stainless Steel Bottle Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
The report includes in-depth assessment of the competitive landscape, product market sizing (Value and Volume), product benchmarking, market trends, product developments, financial analysis, strategic analysis and many more to measure the impact forces and potential opportunities of the market. As well as this the report also includes a study of major developments in the market like product launches, agreements, acquisitions, collaborations, mergers and many more to comprehend the prevailing market dynamics at current and its impact in the forecast period 2012-2027.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR (Value and Volume) | CAGR of 9.82% during the review period (2022 to 2027). |
Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022) |
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Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022) |
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Quantitative units | Revenue in USD million/billion and CAGR from 2022 to 2027 |
By Companies | Thermos, Tiger, Zojirushi, Nanlong, Haers, Xiongtai Group, PMI, Solidware, Sibao, Powcan, Shunfa, Klean Kanteen, Fayren, King Boss, EMSA GmbH, Bubba |
Regions Covered |
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2021 |
Forecast Year
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2022 to 2027 |
Customization Available
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Yes, the report can be customized as per your needs |
All our reports are custom made 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 as your needs.
What is the study period of this market?
The Stainless Steel Bottle Market is studied from 2017 - 2027.
What is the growth rate of Stainless Steel Bottle Market?
The Stainless Steel Bottle Market is growing at a CAGR of 9.82% over the next 5 years.
Who are the key players in Stainless Steel Bottle Market?
Thermos, Tiger, Zojirushi, Nanlong, Haers, Xiongtai Group, PMI, Solidware, Sibao, Powcan, Shunfa, Klean Kanteen, Fayren, King Boss, EMSA GmbH, Bubba
What region does this Stainless Steel Bottle 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 Stainless Steel Bottle Market?
Vacuum bottle, Non-vacuum bottle, others
What are the major end-use applications of Stainless Steel Bottle Market?
House life, Office life, Outdoor recreation, others
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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