The global eco-friendly water bottle market is anticipated to grow at a CAGR of 4.5% during the forecast period (2022-2028). Governments across the globe are banning single-use plastics and to switch on reusable or degradable plastics. The initiatives by governments across the globe are propelling the growth of the market during the forecast period. For instance, in an article published by World Economic Forum (WEF) in July 2022, India imposed a ban on single-use plastics to tackle the country’s rapidly increasing levels of plastic pollution. The ban includes straws, cutlery, earbuds, packaging films, and cigarette packets, among other products. Further, the government decided to set up control rooms to check any illegal use, sale, and distribution of single-use plastic products.
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Moreover, for instance, in June 2022, the US government banned single-use plastic in national parks. The government decided to phase out single-use plastic products on US public lands, including the vast network of American national parks, to stem the huge tide of plastic pollution that has extended almost across the globe. Additionally, the government will look to identify environmentally preferable alternatives to plastic bottles, packaging, and other products, such as compostable materials.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Eco-Friendly Water Bottle Market Report by Segment
By Material Type
- Glass
- Plastic
- Steel
- Others
By Distribution Channel
- Online
- Offline
By Method Type
- Recycled Content Packaging
- Degradable Packaging
- Reusable Packaging
Global Eco-Friendly Water Bottle Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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.
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