Disposable Water Bottle Market Scope
Disposable Water Bottles are commonly used by Tourists and Travelers, these disposable packaged Drinking water bottles are also used for commercial purposes as they symbolize professionalism. The growth in the Disposable water bottle market is facilitated by growth in Tourism Industry as well as on account of rising demand for professionalism across multiple industry verticals. The disposable nature of water bottles is associated with environmental concerns. Hence, most of the regions have a number of regulations for proper management of the disposed water bottles.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Coca-Cola Company (United States), PepsiCo (United States), Nestle (Switzerland), Bisleri (India), Parle Agro (India), Tata Global Beverages (India) and Danone (France) |
CAGR | % |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Disposable Water Bottle market throughout the predicted period.
Coca-Cola Company (United States), PepsiCo (United States), Nestle (Switzerland), Bisleri (India), Parle Agro (India), Tata Global Beverages (India) and Danone (France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Nongfu Spring (China) and Hangzhou Wahaha Group (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Disposable Water Bottle market by Type , by Application (Mineral water Company, Drinks Company, Household Use and Other) and Region with country level break-up.
On the basis of geography, the market of Disposable 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).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
On 27th February, 2020 – Danone Announced its Intended Acquisition of Harrogate Spring Water (Leading United Kingdom Based Premium Water Bottle Manufacturer), this Acquisition will Enhance Danone’s Portfolio in the UK Market., and On 9th March, 2021 - Nestle Acquired Essentia (Premium Functional Water Manufacturer), the Motive Behind the Acquisition was to Strengthen Nestle’s Presence in Premium Functional Water Segment.
On June 21, 2023 /PRNewswire/ -- ZenWTR®, the world's first beverage in a bottle made from 100% recycled, certified ocean-bound plastic, is proud to unveil a newly refreshed brand design reinforcing its commitment to ocean preservation and sustainability. The updated brand identity reflects ZenWTR's dedication to delivering great-tasting, ultra-pure vapor distilled water, while inspiring positive change among consumers and the beverage industry.
Influencing Trend:
Demand for Sustainable and Disposable Solutions
Market Growth Drivers:
Rising Health Awareness and Growth in Tourism Industry
Challenges:
Establish Proper Recycle & Waste Management Mechanism
Restraints:
Presence of Counterfeit Products
Opportunities:
Regulations Promoting Use of Disposable Bottles
Key Target Audience
Disposable Water Bottle Manufactures, New Entrants and Investors, Disposable Water Bottle Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others