The eco-friendly water bottle market is anticipated to grow at a CAGR of 4.5% during the forecast period (2022-2028). In recent years, the global eco-friendly water bottle market has grown at a rapid rate in response to increased public and government support for environmental reasons. The ambition of important rivals to cash in on the increased support for environmentalism has led to continual innovation, as well as sustained government assistance, in the environmentally friendly bottle sector. The continued presence of these factors is expected to propel the eco-friendly bottle market over the forecast period.
The global eco-friendly water bottle market is segmented based on material and application. Based on the material, the market is sub-segmented into polylactic acid, cellulose, starch, water-soluble polymers, aliphatic/aromatic co-polyesters, moulded fibre, polyhydroxyalkanoates, and bio-derived polyethene. Based on the application, the market is sub-segmented into mineral water, non-alcoholic beverages, household products, and others. Among these segments, the cellulose segment is expected to propel the growth of the market due to the increasing usage and demand for water bottles made of cellulose globally.
The major market players in the global eco-friendly water bottles market are EcoXpac A/S, One Green Bottle, Earthlust, Ecologic Brands Inc., SKS Bottle and Packaging Inc., Cascade Designs Inc., Pachamama, and Pepsi-Cola Metropolitan Bottling Co., among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in June 2021, Ello, a sustainable food and beverage container maker, distributor, and online retailer, launched reusable water bottles manufactured from Eastman Tritan Renew with 50 % certified recycled material. The Eco Ello Tritan 26oz Water Bottle is available at Target stores and online this week in the US. Eastman’s Advanced Circular Recycling technologies—also known as molecular recycling—break down plastic trash into essential building elements to produce clean new materials, resulting in a Renew. The firm is helping to divert plastic trash from landfills and incinerators, as well as from ending up as litter in the ocean, by substituting traditional fossil feedstocks with recovered plastic. The material is extremely robust, dishwasher safe, and BPA, BPS, and BPF free.
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Competitive Landscape-
EcoXpac A/S, One Green Bottle, Earthlust, Ecologic Brands Inc., SKS Bottle and Packaging Inc., Cascade Designs Inc., Pachamama, and Pepsi-Cola Metropolitan Bottling Co., among others.
By Material
Polylactic Acid
Cellulose
Starch
Water-Soluble Polymers
Aliphatic/Aromatic Co-polyesters
Moulded Fiber
Polyhydroxyalkanoates
Bio-derived Polyethylene
By Application
Mineral Water
Non-alcoholic Beverages
Household Products
Others
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Scope of the Report
The research study analyzes the Global Eco-Friendly Water Bottles industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Global Eco-Friendly Water Bottles Market Report
1. What was the Global Eco-Friendly Water Bottles Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Global Eco-Friendly Water Bottles Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Eco-Friendly Water Bottles Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Global Eco-Friendly Water Bottles market.
- The market share of the Global Eco-Friendly Water Bottles market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Global Eco-Friendly Water Bottles market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Eco-Friendly Water Bottles market.
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