Eco-Friendly Water Bottle Market
Eco-Friendly Water Bottle Market Size, Share & Trends Analysis Report, By Material Type (Glass, Plastic, Steel, and Others), By Distribution Channel (Online and Offline), By Method Type (Recycled Content Packaging, Degradable Packaging, and Reusable Packaging), Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Eco-friendly water bottle market is anticipated to grow at a CAGR of 4.5% during the forecast period. The rising awareness regarding environmental hazards has resulted in increased public and government support for environmental reasons. As a result, manufacturers are switching to reusable plastics from single-use plastics. For instance, in February 2022, the Coca-Cola Company announced an industry-leading goal to significantly boost its use of reusable packaging. By 2030, the company aims to have at least 25% of all beverages globally across its portfolio of brands sold in refillable/returnable glass or plastic bottles, or refillable containers through a traditional fountain or Coca-Cola Freestyle dispensers. Furthermore, by increasing the use of reusable packaging, the company promotes a circular economy as refillable containers have high levels of collection and are low-carbon footprint beverage containers.
Segmental Outlook
The global eco-friendly water bottle market is segmented based on the material type, distribution channel, and method type. Based on the material type, the market is segmented into glass, plastic, steel, and others. Based on the distribution channel, the market is bifurcated into online and offline. Based on the method type, the market is augmented into recycled content packaging, degradable packaging, and reusable packaging. Among the material type, the plastic segment holds the contributable share in the market over the forecast period. The growth of the plastic material segment is due to the lower cost of manufacturing and greater life expectancy. According to Kool8, the manufacturer can save upwards of $14,830 by switching to the reusable water bottle.
Among the method type, reusable packaging is expected to hold a considerable market share in the market during the forecast period. Reusable packaging is both environment-friendly and cost-efficient. Further, reusable packaging is designed for repeated use, it is stronger and more durable than single-use packaging. Using reusable plastic eases the demand for virgin materials, which lowers the demand for new plastic material, and prevents heaps of trash from ending up in landfills or oceans. Thus, these benefits associated with reusable plastic are propelling the growth of the segment.
Regional Outlook
The global eco-friendly water bottle market is further segmented based on geography including North America (the US and Canada), Europe (UK, Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa and Latin America). The market can be analyzed for a particular region or country level as per the requirement. North America is expected to hold a remarkable share in the market during the forecast period owing to the growing awareness among consumers regarding the harmful effects of using packed mineral water bottles for outdoor activities.
Global Eco-Friendly Water Bottle Market Growth, by Region 2022-2028
Asia-Pacific Region to Exhibit Potential Share in the Global Eco-Friendly Water Bottle Market During the Forecast Period.
Asia-Pacific region is expected to hold a considerable market share during the forecast period. The rising environmental concerns and increasing government initiatives for eco-friendly products across countries, such as China, India, and Japan are boosting the market growth during the forecast period. For instance, in June 2021, the World Bank’s Board of Executive Directors approved a loan of $430 million for the China plastic waste reduction project to support improving plastic waste management at the national and subnational levels in China and reduce plastic pollution from municipal solid waste. Furthermore, by focusing on policies, regulations, and programs to reduce pollution and promote environmentally sustainable practices, this project will contribute to China’s efforts to transition towards a low carbon and circular economy, and support reducing plastic waste leakages.
Market Players Outlook
The major companies serving the global eco-friendly water bottle market include Aqua AF, Klean Kanteen, and Chilly's Bottles Ltd., among others. The market players are contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, in June 2021, Ello, an innovative manufacturer, wholesaler, and online retailer of sustainable food and beverage containers, announced reusable water bottles made from Eastman Tritan Renew with 50% certified recycled content. Tritan Renew is made through Eastman's Advanced Circular Recycling technologies, also known as molecular recycling, which breaks down plastic waste into fundamental building blocks to create pristine new materials. By replacing traditional fossil feedstocks with recycled plastic, the company is supporting diverting plastic waste from landfills and incinerators or from ending up as litter in the ocean.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global eco-friendly water bottle market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Eco-Friendly Water Bottle Market by Material Type
4.1.1. Glass
4.1.2. Plastic
4.1.3. Steel
4.1.4. Others
4.2. Global Eco-Friendly Water Bottle Market by Distribution Channel
4.2.1. Online
4.2.2. Offline
4.3. Global Eco-Friendly Water Bottle Market by Method Type
4.3.1. Recycled Content Packaging
4.3.2. Degradable Packaging
4.3.3. Reusable Packaging
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Aquasana Inc.
6.2. CamelBak Products, LLC
6.3. Chilly's Bottles Ltd.
6.4. Contigo (Newell Brands)
6.5. Frank Green
6.6. Hydaway, LLC
6.7. Hydro Flask
6.8. Kinto Co. Ltd.
6.9. Klean Kanteen
6.10. Lifetime Brands, Inc.
6.11. Nalgene (Thermo Fisher Scientific)
6.12. Newell Brands
6.13. Ocean Bottle
6.14. SIGG Switzerland Bottles AG
6.15. Tupperware Brands Corp.
1. GLOBAL ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY MATERIAL TYPE, 2021-2028 ($ MILLION)
2. GLOBAL GLASS-BASED ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL PLASTIC-BASED ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL STEEL-BASED ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL OTHER ECO-FRIENDLY WATER BOTTLE MATERIALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
7. GLOBAL ECO-FRIENDLY WATER BOTTLE FROM ONLINE CHANNELS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL ECO-FRIENDLY WATER BOTTLE FROM OFFLINE CHANNELS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY METHOD TYPE, 2021-2028 ($ MILLION)
10. GLOBAL ECO-FRIENDLY WATER BOTTLE BY RECYCLED CONTENT PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL ECO-FRIENDLY WATER BOTTLE BY DEGRADABLE PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL ECO-FRIENDLY WATER BOTTLE BY REUSABLE PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. NORTH AMERICAN ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
15. NORTH AMERICAN ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY MATERIAL TYPE, 2021-2028 ($ MILLION)
16. NORTH AMERICAN ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
17. NORTH AMERICAN ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY METHOD TYPE, 2021-2028 ($ MILLION)
18. EUROPEAN ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. EUROPEAN ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY MATERIAL TYPE, 2021-2028 ($ MILLION)
20. EUROPEAN ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
21. EUROPEAN ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY METHOD TYPE, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY MATERIAL TYPE, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY METHOD TYPE, 2021-2028 ($ MILLION)
26. REST OF THE WORLD ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. REST OF THE WORLD ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY MATERIAL TYPE, 2021-2028 ($ MILLION)
28. REST OF THE WORLD ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
29. REST OF THE WORLD ECO-FRIENDLY WATER BOTTLE MARKET RESEARCH AND ANALYSIS BY METHOD TYPE, 2021-2028 ($ MILLION)
1. GLOBAL ECO-FRIENDLY WATER BOTTLE MARKET SHARE BY MATERIAL TYPE, 2021 VS 2028 (%)
2. GLOBAL GLASS-BASED ECO-FRIENDLY WATER BOTTLE MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL PLASTIC-BASED ECO-FRIENDLY WATER BOTTLE MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL STEEL-BASED ECO-FRIENDLY WATER BOTTLE MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL OTHER ECO-FRIENDLY WATER BOTTLE MATERIALS MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL ECO-FRIENDLY WATER BOTTLE MARKET SHARE BY DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
7. GLOBAL ECO-FRIENDLY WATER BOTTLE FROM ONLINE CHANNELS MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL ECO-FRIENDLY WATER BOTTLE FROM OFFLINE CHANNELS MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL ECO-FRIENDLY WATER BOTTLE MARKET SHARE BY METHOD TYPE, 2021 VS 2028 (%)
10. GLOBAL ECO-FRIENDLY WATER BOTTLE BY RECYCLED CONTENT PACKAGING MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL ECO-FRIENDLY WATER BOTTLE BY DEGRADABLE PACKAGING MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL ECO-FRIENDLY WATER BOTTLE BY REUSABLE PACKAGING MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL ECO-FRIENDLY WATER BOTTLE MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. US ECO-FRIENDLY WATER BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
15. CANADA ECO-FRIENDLY WATER BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
16. UK ECO-FRIENDLY WATER BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
17. FRANCE ECO-FRIENDLY WATER BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
18. GERMANY ECO-FRIENDLY WATER BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
19. ITALY ECO-FRIENDLY WATER BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
20. SPAIN ECO-FRIENDLY WATER BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
21. REST OF EUROPE ECO-FRIENDLY WATER BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
22. INDIA ECO-FRIENDLY WATER BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
23. CHINA ECO-FRIENDLY WATER BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
24. JAPAN ECO-FRIENDLY WATER BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
25. SOUTH KOREA ECO-FRIENDLY WATER BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF ASIA-PACIFIC ECO-FRIENDLY WATER BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF THE WORLD ECO-FRIENDLY WATER BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
