Industry Background:
Foldable Bottles are available in a wide range of styles, shapes, and colors and fold up to a fraction of their original size in seconds. Foldable water bottles are far lighter than glass or stainless-steel water bottles, so transporting one on a vacation or in a backpack should be simple. To save even more space, several of them may be attached to the outside of a bag or backpack. When dropped, the majority of Foldable water bottles are quite sturdy and do not break or even dent. Foldable bottles can be difficult to clean and last a long time, depending on the material. Foldable water bottles are usually composed of silicone, which is the toughest material available.
According to AMA Research, the market for Foldable Bottles is expected to register a CAGR of 7.0% during the forecast period to 2030. This growth is primarily driven by Increase in Demand for Portable Water Bottles
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | K Tons |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Consumer Goods sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Vapur (United States), Baiji (Iraq), Platypus (Australia), Nomader (United States), ManlyCamp (United States), Zooron (China), Hydaway (United States), Hydrapak (United States), Katadyn (Switzerland) and Imikoko (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On January 17, 2023, Platypus unveiled a new QuickDraw 1L foldable water bottle with a wider mouth for easier filling and cleaning. It also features an improved valve for faster flow.
On September 6, 2023, StowCo introduced the Stowable Water Bottle 22oz. This BPA-free, foldable bottle boasts a sturdy silicone construction and dishwasher-safe design.The demand for Foldable Bottles is increasing with each passing day due to environmental problems and health issues. Businesses in this sector encounter Stiff competition on a global scale from market leaders who control a large share of the market. The Leading Players are engaged in organic and non-organic strategic global expansion to maintain their Market Position.
Influencing Trend:
Rising Popularity of Silicone Foldable Bottles and Foldables Bottles are BPA Free
Market Growth Drivers:
Increase in Demand for Portable Water Bottles and Factors such as Easy to Use and Carry and Cost-Effective are Driving the Demand
Challenges:
Foldable Bottles do not Biodegrade
Restraints:
Silicon-based Foldable Bottles requires FDA Approval
Opportunities:
Non-Decomposable Waste Bottles are Posing an Increasing Hazard to the Environment and Increasing Prevalence of Sustainable Living
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Foldable Bottles Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Foldable Bottles Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Foldable Bottles players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Foldable Bottles Study Sheds Light on
The Foldable Bottles Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Foldable Bottles industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Foldable Bottles industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.