The Global Eco-Friendly Water Bottle Market Report is a compilation of comprehensive research studies of various aspects of the Eco-Friendly Water Bottle Market. With accurate data and highly authentic information, a brilliant attempt is made to paint a true, transparent picture of the current and future situations of the global Eco-Friendly Water Bottle market. Market participants can use this powerful tool when creating effective business plans or making major changes to their strategies. The report discusses the growth of the global as well as regional markets. It also throws light on high-growth segments of the global Eco-Friendly Water Bottle market and how they will evolve in the years to come.
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In terms of revenue, the eco-friendly water bottle market was valued at US$ 8.34 Bn in 2021 growing at a CAGR of 7.8% over the forecast period (2022 – 2030). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries. Key Players: AquaAF, BOTTLE UP, CanO Water Ltd, Chilly’s, Ecologic Powered by Jabil, Ello Products, frank green, Hydro Flask, JUST Goods, Inc., Kagzi Water Bottle, Klean Kanteen, Paper Water Bottle, Qwetch, Rockay, Soma, SOURCE Global PBC, Other Market Participants.
Plastic waste has accumulated in rivers, streams, and oceans over the last 50 years, causing an ongoing ecological problem by leaking toxins into the water. Furthermore, according to the United Nations Environment Program (UNEP), one million plastic bottles are purchased every minute in the world, and up to five trillion plastic bags are used globally each year. In total, half of all plastic produced is designed for single-use applications that are used once and then discarded. However, eco-friendly means not harmful to the environment and is a viable alternative to a plastic bottle. Eco-friendly products help to reduce plastic burden on landfills, oceans, streams, and other locations where plastic waste ends up. Following its 2019 resolution to address plastic pollution in India, India’s central government announced the ban in August 2021.
The ban on the majority of single-use plastics will go into effect on July 1, 2022. Single-use plastics are disposable items such as grocery bags, food packaging, bottles, and straws that are used once and then discarded or recycled. One of the important factors driving the eco-friendly water bottle market growth is rising awareness regarding environmental sustainability and growing concerns about environmental contamination. Furthermore, the growing popularity of biodegradable and environmentally friendly materials among a broad segment of the population is providing lucrative growth opportunities for the eco-friendly bottle market. Manufacturers of eco-friendly water bottles are expanding their availability of plant-based bottles designed for water infusions. Agthia Group, one of the leading food and beverage companies, announced the launch of Al Ain Plant Bottle, the plant-based water bottle, in February 2020. The new Al Ain Plant Bottle’s packaging is eco-friendly and made entirely of plant-based materials, including the cap. The revolutionary innovation is expected to reduce CO2 emissions and thus improve environmental footprint.
The COVID19 pandemic is having a massive impact on societies all over the world. It has caused many deaths and put public health and economic systems in danger around the world. Lockdowns, the use of personal protection equipment, and stay-at-home measures in response to the pandemic have far-reaching health and economic consequences. The pandemic has drastically altered how plastics are used, with millions of single-use personal protective equipment (PPE) items now being used and discarded every day. However, market participants and the government are currently focusing on environmental concerns and preferring eco-friendly products, which is driving the eco-friendly water bottle market growth. The rising promise of innovation in eco-friendly products and materials provides new opportunities for industry participants in the eco-friendly water bottle market.
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Global Eco-Friendly Water Bottle Market:
- By Material
- Paper
- Glass
- Bamboo
- Recyclable Plastic
- Copper
- Stainless Steel
- Ceramic and Soft silicone
- Others
- By Application
- Home
- Office
- Travel
- Hiking
- Sports
- Others
- By Distribution Channel
- Offline
- Supermarkets and Hypermarkets
- Specialty Stores
- Others
- Online
- Offline
- By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- North America
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