About Sport Bottle
Bottles are a part of consumer daily lives, particularly who go on outdoors for several activities like sports, travel, work purposes, and others. Sports Bottle is available in different sizes, shapes, and material. Sports bottles are used as a promotional item for fitness centers and sports events, like a marathon. Owing to the features such as non-contaminating, flexible to rigid and shatter resistant plastic sports bottle are more preferred. Due to the characteristics like lightweight and offer crystal-clear visibility consumer go for them.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The vendors mostly compete by offering innovative products and by introducing new products in their portfolio. To achieve a competitive advantage, manufacturers in the sports water bottle market are focused on offering advanced solutions. They are also focusing on providing eco-friendly and sustainable sports water bottles, which will grow the sports bottle market. Analyst at AMA Research estimates that German Vendors will contribute the maximum growth to Global Sport 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.
Thermos L.L.C. (Germany), Nike (United States), Adidas AG (Germany), Puma SE (Germany), Hamilton Housewares Pvt. Ltd. (India), Lock&Lock (South Korea), Tupperware (India), CamelBak (United States), Zojirushi (Japan) and Haers (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are SIGG (Switzerland), Anhui Fuguang Industrial Co., Ltd. (China), Zhejiang Xiongtai Houseware Corp. LTD. (Japan) and Laken (Spain).
Segmentation Overview
AMA Research has segmented the market of Global Sport Bottle market by and Region.
On the basis of geography, the market of Sport 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 Distribution Channel, the sub-segment i.e. Online will boost the Sport Bottle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Size, the sub-segment i.e. 500ml-800ml will boost the Sport Bottle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. Stainless Steel will boost the Sport Bottle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Participation in Health Clubs
Market Growth Drivers:
Rising Needs of Consumers to Own a Separate Bottle for Sport Activities and Growth of the Health and Fitness Industry
Challenges:
Plastic Bottles Contain Unqualified Material Harmful Substances
Restraints:
Aluminum Sports Water Bottle Has Fast Thermal Conductivity
Opportunities:
Increasing Demand for Eco-Friendly and Sustainable Sports Water Bottles
Market Leaders and their expansionary development strategies
In June 2021, AptarGroup, Inc. announced its partnership with REBO to offer reusable water bottle, which replaces plastic bottles that end up in the environment and has a technology that helps people remain hydrated. Water bottle from REBO uses bluetooth technology to track the amount of water consumed.
In December 2022, Cove, the California-based material innovation company, launched the first biodegradable water bottles last week in partnership with Erewhon, the Los Angeles premium organic grocer. Cove's water bottles are available at Erewhon stores throughout Los Angeles, as well as online at cove.co.
Key Target Audience
Manufacturers of Sports Bottles, Suppliers of Sports Bottles, Wholesalers, Distributors and Retailers of Sports Bottles and Governmental Bodies
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.