About Eco-Friendly Water Bottle
The global eco-friendly bottles market has been up at a speedy pace in recent years in response to the growing support to environmental causes from governments and therefore the plenty alike. The eco-friendly bottle market has been driven by the eagerness of key competitors to take advantage of the growing support for environmentalism, which has led to consistent innovation and steady government support. In the past few years, the global eco-friendly water bottle market has significantly grown.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Eco-friendly bottles are made from biodegradable and environment-supporting materials. The growing influence of such materials among a large chunk of the populace will bring profitable growth opportunities for the eco-friendly bottles market. Plastic-free product usage has increased greatly over the years. The support of the government for the production of such bottles and the strict regulations in place for banning single-plastic use will invite exponential growth. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Eco-Friendly Water Bottle market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
EcoXpac A/S (Denmark), One Green Bottle (United Kingdom), Earthlust (United States), Jabil (United States), Ecologic Brands Inc (United States), SKS Bottle and Packaging Inc (United States), Cascade Designs Inc (United States), Pachamama (United States) and Pepsi-Cola Metropolitan Bottling Company (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Eco-Friendly Water Bottle market by Type (Plastic Bottles, Metal Bottles, Glass Bottles and Others), Application (Applications, Mineral Water, Non-Alcoholic Beverages and Household Products) and Region.
On the basis of geography, the market of Eco-Friendly Water Bottle has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Base of the Product, the sub-segment i.e. Polylactic Acid will boost the Eco-Friendly Water Bottle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Eco-Friendly Water Bottle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising In Trend to Use the Eco-Friendly Bottles
Market Growth Drivers:
The Rising Awareness About Using Eco-Friendly Products and Growing Concerns of Environmental Pollution
Challenges:
Lack Of Awareness About the Bottles in Under-Developed Regions
Restraints:
Fluctuating Price of Raw Materials
Opportunities:
Increasing Initiatives by The Government and Increased Sale from The E-Commerce Platform
Market Leaders and their expansionary development strategies
In October 2023, outdoor gear giant Nalgene partnered with Oceanworks, a company that recycles ocean plastic into valuable materials. This collaboration will see Nalgene incorporate upcycled ocean plastic into some of its popular water bottle lines, reducing reliance on virgin plastic and cleaning up our oceans.
On 19th June 2021, Jabil Packaging Solutions unveiled a new sustainable hybrid bottle for the bottled water brand Vittel in an effort to massively reduce plastic and instead use elements like 100% recyclable components along with a snap-apart design that will help in recycling sorting.
Key Target Audience
Manufacturers of Eco-Friendly Water Bottle, Suppliers and distributors of Eco-Friendly Water Bottle, Governmental and Regulatory bodies and End-Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.