Globally, the reusable water bottles market is estimated at ~ US$ 8 Bn in 2019 and is anticipated to register a CAGR of ~4% during the forecast period. dollars)*." Urbanization and change in lifestyle are other factors contributing to market growth across the world. Global Reusable Water Bottle Market is valued at USD 8.25 Billion in 2018 and expected to reach USD 10.17 Billion by 2025 with the CAGR of 3.71% over the forecast period. Key factors that are driving the reusable water bottle market growth include increasing demand for convenience products, rising threats to the environment from non-decomposable waste bottles, and rising inclination of people towards a healthy lifestyle. We are in compliance with GDPR & CCPR norms. How big is the reusable water bottle market? This report has a service guarantee. A reusable water bottle is generally reused by bottler for multiple times. The home care & decor industry has been witnessing inconsistent growth, since the Covid 19 outbreak. Asia Pacific to Dominate Reusable Water Bottles … Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. Increasing preference for online shopping is driving the manufacturers to offer their products through online channels to reach out to the vast consumer base. One of the biggest offenders when it comes to this type of waste is water bottles, and when you consider that the US alone purchases 50 billion water bottles … You can only download this statistic as a Premium user. It is also very true how tap water … The global reusable water bottle market size was valued at USD 8.1 billion in 2018 and is expected to register a CAGR of 3.9% from 2019 to 2025. If you use disposable water bottles, here are some important concerns you should know about how they’re made as well as the problems they cause for the planet, your health, and your wallet. Some government initiatives are taken for the same such as UNICEF and Ministry of Education Maldives decided to provide a reusable water bottle to all the first graders in the Maldives. The total revenues generated by the water bottle … Bottled water is the top beverage product in the United States by volume. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. Learn more about how Statista can support your business. Improving living standards of people across the globe is leading to a change in lifestyle. Directly accessible data for 170 industries from 50 countries * This Statista estimate is based on the 2025 values and the compound annual growth rate from 2018 to 2025 of 4%, which were provided by the source. One, that globally humans buy a million plastic bottles per minute. Copyright © 2020 Grand View Research, Inc. All rights reserved. Chart. The region largely contributes to market growth due to rapid urbanization and improved lifestyle in developing countries like India and China. facts. Reusable Water Bottle Market Water bottle is a container that is used to hold water, liquids or other beverages for consumption. Becoming part of the solution instead of contributing to the global single-use plastic bottle … The virus outbreak has, however, led to substantial growth in categories such as cleaning and hygiene products. That means by using a reusable water bottle, you could save an average of 156 plastic bottles … New, Everything you need to know about the industry development, Find studies from all around the internet. For the purpose of this study, Grand View Research has segmented the global reusable water bottle market report on the basis of material type, distribution channel and region: Material Type Outlook (Revenue, USD Billion, 2015 - 2025), Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025), Regional Outlook (Revenue, USD Billion, 2015 - 2025). Please contact us to get started with full access to dossiers, forecasts, studies and international data. Privacy Policy. The online segment is expected to register the fastest CAGR of 4.2% over the forecast period. The share will however be reduced due to the focus of industries on reducing the use of plastic. (Beverage Daily) #2. Are you interested in testing our corporate solutions? In a pinch, disposable water bottles can be very convenient. Additionally, convenience, cost effective nature, growing concern over hygiene, convenience ne… This website is secure and your personal details are safe. People are becoming aware of reducing the use of plastic, thus preferring other materials over plastic. What are the factors driving the reusable water bottle market? Reusable Water Bottles Save An Unbelievable Amount Of Plastic As humans, we have a lot to answer for when it comes to the amount of plastic waste we’ve inflicted on the earth. The reusable water bottles are majorly utilized to transfer liquid material such as water, health drinks, tea, cold drinks, and others from one place to another in a convenient way. FACT #3 : Americans purchase about 50 billion water bottles per year, averaging about 13 bottles per month for every person in the U.S.! Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook When you use reusable water bottles, you can help reduce the production of bottled beverages, thereby reducing the bottle’s landfill and recycling burden. Plastic is made from petroleum or natural gas, which are obviously fossil fuels, and both contribute a great deal to climate change.. 4. Every year, 17 million barrels of oil are used to create 50 billion … Design an exclusive study to serve your research needs. Furthermore, the development of the disposable water bottle is restricted by various campaigns against their use. People are becoming more health-conscious and are aware of the harmful effects of using non-reusable bottles, thus driving the market. Avail customized purchase options to meet your exact research needs: "The quality of research they have done for us has been excellent...". The global reusable water bottle market size was estimated at USD 8.41 billion in 2019 and is expected to reach USD 8.72 billion in 2020. b. According to the Container Recycling Institute, Americans bought 42.6 billion plastic water bottles 1 gallon or smaller in 2010. The global reusable water bottle market is expected to grow at a compound annual growth rate of 3.9% from 2019 to 2025 to reach USD 10.64 billion by 2025. b. Asia Pacific dominated the reusable water bottle market with a share of 31.2% in 2019. You need a Single Account for unlimited access. What is the reusable water bottle market growth? Then you will be able to mark statistics as favourites and use personal statistics alerts. Request discounts available for Start-Ups & Universities. The Reusable Plastic Water Bottles market report has various facts and statistics assuming the future predictions of the upcoming market participants. As a Premium user you get access to background information and details about the release of this statistic. Greeniacs.com, 27 Aug 2013. Reduce WaterWeek Reusable Water Bottles, 20oz – 5 Plastic Refillable Water Bottles and Fridge Tray For Your Reusable Water Bottle Set – BPA-Free, Leak Proof Twist Off Cap – Score 4.8 out of 5 stars 664 Intensifing demand for reusable water bottles over past few years has increased the growth of reusable water bottles market globally. What’s … The market is segmented by material type into glass, metal, plastic, and silicone. (November 25, 2019). Moreover, countries are witnessing significant growth due to increasing health awareness, rising disposable income, and high demand for a reusable water bottle. Government regulations and anti-plastic movement encourage the consumers to switch to disposable water bottles, thus encouraging the manufactures to develop environmentally friendly products. Please authenticate by going to "My account" → "Administration". However, reuse of water bottle has its disadvantages too. Companies are coming up with new designs and an option for customization to increase their sales. We stand by our report quality. Important Water Bottle Industry Statistics #1. Statista. This statistic is not included in your account. For instance, S’well and Swarovski together launched a bottle with over 6,000 crystals and a premium price. A paid subscription is required for full access. online dashboard trial. Profit from additional features by authenticating your Admin account. As a result of the ongoing pandemic crisis, there has been a drop in the overall performance of discretionary products such as decorative fixtures, bedding products, to name a few. Here is the list of 12 astonishing bottled water statistics: 7.7 billion single-use plastic water bottles are consumed in the UK every year (The Guardian) The UK Bottled Water Industry is worth more than £2.4bn per year (BritishBottledWater.Org) In 2017, 19% of the UK population drank bottled water everyday (Mintel Bottled Water … The food and beverage industry is also shifting towards the use of reusable types due to the benefits of the materials such as recyclability, easy maintenance, and non-reactive, which also helps in expanding the product’s shelf life. In addition, aluminum and steel reusable bottles may be recyclable … November 25, 2019. Please fill out the form below for a free PDF report sample & It has been notified that there are wide variety of reusable water bottles … “Growing consumer preferences along with rising cocern towards health issues will boost the market” The global reusable water bottles marketis growing proficiently, projected to grow at a CAGR of 4.3% during the expected period from 2019 to 2027, starting from US$ 8.64 Bn in 2018. An exponential development of the market was assumed. The following reusable water bottle types can be recycled: Glass reusable water bottles, Stainless steel reusable water bottles, Silicone reusable water bottles, Copper reusable water bottles, PETE plastic reusable water bottles. ALBANY, New York, October 21, 2016 /PRNewswire/ --. Asia Pacific was the largest regional market, accounting for a share of more than 30.0% in 2018 owing to the presence of a large population, extensive use of reusable water bottles, and low cost of manufacturing in countries like India and China. I really like the water bottle and energy usage statistics used to back up your points about not using water bottles. Industry Insights The global reusable water bottle market size was valued at USD 8.1 billion in 2018 and is expected to register a CAGR of 3.9% from 2019 to 2025. The growth is expected to remain significant in the coming years due to economic growth and an increase in disposable income. This is attributable to the presence of a large population, extensive use of reusable water bottles, and the low cost of manufacturing in countries like India and China. But that convenience comes at a high cost—disposable water bottles take up space in our landfills and pollute our oceans. Since I am doing the same project, it is interesting to take these statistics into account. People are inclining towards a healthy lifestyle and are thinking towards a sustainable environment, thus preferring reusable water bottles over the ordinary disposable ones. In a 2018 survey conducted by environmental charity “Keep Britain Tidy”, it was found that an estimated 36 percent of respondents owned and regularly used a reusable water bottle. According to statistics, in 2016, only 11.8% of plastic beverage bottles were recycled, and only 55.47 million tons of bottles … As a Premium user you get access to the detailed source references and background information about this statistic. This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. This segment is popular owing to its benefits such as providing a wide variety of products and designs that influence the buying decision, availability of a store associate who helps them choose the right product, and instant buying of the product rather than waiting for it to get delivered as in case of online purchasing. "Value of The Reusable Water Bottle Market Worldwide from 2018 to 2025 (in Billion U.S. Plastic material production worldwide by region 2018, Global plastic recycling market value 2018 & 2024, Global cumulative production of plastic 1950-2050. The growth of the market is attributed to an increase in demand for convenience products, rising threats to the environment from non-decomposable waste bottles, and rising inclination of people towards a healthy lifestyle. Heat resistant, chemically non- reactive, and safer for environment and health are some of the major benefits of using silicone-based bottles than any other type. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Prominent growth in the e-commerce business is also one of the positive influences of the outbreak, wherein companies are focusing on expanding their distribution networks to online channels in order to cater to the surging consumer demand. Our support available to help you 24 hours a day, five days a week. Addition or alteration to country, regional & segment scope. Moreover, the option of personalized prints on the bottle and easy comparison of a variety of products online is driving the segment. “Buy a Reusable Water Bottle.” Consumer Products. Statista. In addition, it offers business security … Accessed December 06, 2020. https://www.statista.com/statistics/935684/reusable-water-bottle-market-value-worldwide/, Statista. Over 13.7 billion gallons were sold in 2017, which represents a 7% increase from the year before. and over 1 Mio. That is up from 35.5 billion in 2006, 23.6 billion in 2004, and … 2. Explore purchase options. b. Plastic bottles make up a large proportion of plastic waste, and they actually go through an extensive pollutant filled process to create. The strong distribution network, increasing health awareness, and the rise in disposable income are further propelling the demand for reusable water bottles globally. In 2018, the hypermarket and supermarket distribution channel held the largest share of 38.4% in 2018. "Value of the reusable water bottle market worldwide from 2018 to 2025 (in billion U.S. By then, the value of … Leading players of the market include Tupperware Brands Corporation; SIGG Switzerland AG, GmbH; CAMELBAK PRODUCTS LLC; Nalge Nunc International Corp.; and Klean Kanteen Inc. Companies are focusing on strategic initiatives like collaborations, new product development, and attractive designs to gain a competitive advantage over others. In, Statista. In … The second, 91% of all plastic is not recycled. On top of that, it is estimated that … TMR estimates that the reusable water bottle market, which had a valuation of US$7.04 bn in 2015, will expand at a CAGR of 4.2% … The segment is gaining popularity as the material has a wide range of benefits as compared to other materials. About 20 billion plastic water bottles wind up in landfills each year or are incinerated.. 3. Our team is diligently working towards accounting these factors in our report with the aim of providing you with the up-to-date, actionable market information and projections. Tupperware Brands Corporation; SIGG Switzerland AG, GmbH; CAMELBAK PRODUCTS LLC; Nalge Nunc International Corp.; Klean Kanteen Inc. Free report customization (equivalent up to 8 analysts working days) with purchase. Get your queries resolved from an industry expert. That means … Corporate solution including all features. Bottled water can cost hundreds or even sometimes thousands of times more than tap water. The target market for the reusable water bottle … Dollars)*. The ideal entry-level account for individual users. Two statistics jump out immediately. All interactions are confidential. Who are the key players in the reusable water bottle market? Revenue of the cosmetic industry in the U.S. Value of the leading 10 textile exporters worldwide, Vegetable oils: global consumption by oil type 2013/14 to 2019/2020, Cocoa bean production worldwide 2018/19 & 2019/20, by country, World coffee per capita consumption: major consumer countries, Cosmetics Industry in the U.S. - Statistics & Facts, Profit from additional features with an Employee Account. We are in compliance with GDPR & CCPR norms the key players in the header the forecast period for. 91 % of plastic 1950-2050 170 industries from 50 countries and over 1 Mio your needs... 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