About Eco Friendly Bottles
Water bottles are everyone's companion, from office workers to outdoor enthusiasts. However, depending on the bottle you use, you can harm the planet. Disposable or disposable plastic water bottles are a major problem that harms our oceans and marine life, as well as other parts of the environment. Getting rid of single-use plastic water bottles is an important way we can help the world. Disposable water bottles end up in the trash and traces of plastic end up in our water and the soil, which can be toxic to animals and plants. The global eco-bottle market has grown rapidly in recent years due to the growing support from governments and the masses for environmental concerns. The eco-friendly bottle market has been driven by the willingness of key competitors to benefit from growing support for environmental protection, which has resulted in consistent innovation and steady government support. The proliferation of these drivers should enable the eco-friendly bottle market to grow rapidly in the years to come.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European Vendors will contribute the maximum growth to Global Eco Friendly Bottles 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.
SafeBottles (New Zealand), Kanrel (Ireland), Ecologic Brands, Inc. (United States), SKS Bottle and Packaging (United States), One Green Bottle (United Kingdom), ENSO Bottles (United States), Paper Water Bottle (United States), Earth Bottles (Australia), Pachamama (Spain), EcoXpac A/S (Denmark) and Earthlust (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 Bottles market by Type (Polylactic Acid, Cellulose, Starch, Water Soluble Polymers, Aliphatic/Aromatic Co-polyesters, Moulded Fiber, Polyhydroxyalkanoates and Bio-derived Polyethylene), Application (Individual Use, Promotional Use and Commercial Use) and Region.
On the basis of geography, the market of Eco Friendly Bottles 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 Distribution Channel, the sub-segment i.e. Online will boost the Eco Friendly Bottles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use, the sub-segment i.e. Mineral Water will boost the Eco Friendly Bottles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase in Recycled and Recyclable Materials and Upsurging Environmental Concerns Leading to Increased Demand for
Market Growth Drivers:
A Shift in Consumer Preferences toward Recyclable and Eco-Friendly Materials, Growing Awareness about Plastic Disposal Across the Globe and Breakthrough in New Technologies Driving the Growth of the Market
Challenges:
Fluctuations in Raw Material Prices
Restraints:
Poor Infrastructural Facilities for Recycling
Opportunities:
Advancements in Technologies for New Packaging Methods, Highly Escalating Participation of Government and High Growth Potential in the Eco-Friendly Bottle Market
Market Leaders and their expansionary development strategies
In March 2023, packaging giant TricorBraun signed an exclusive agreement with BioBottles, bringing the first biodegradable bottle specifically designed for the nutraceutical industry to the US and Canada. This partnership aims to provide sustainable packaging options for health and wellness brands.
In October 2023, Ecovera launched its new 100% plant-based and compostable water bottle, made from sugarcane and cassava. This innovative bottle offers a sustainable alternative to traditional plastic bottles and breaks down quickly in a home compost bin.
Key Target Audience
Manufacturers of Eco-Friendly Bottles, Suppliers and Distributors of Eco-Friendly Bottles, End-Users, Potential Investors, Market Research Firms and Others
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.