Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 124.73 Million | USD 237.74 Million | 7.43% | 2023 |
Zion Market Research has published a report on the global Edible Water Bottles Market, estimating its value at USD 124.73 Million in 2023, with projections indicating that it will reach USD 237.74 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 7.43% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Edible Water Bottles industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
The report covers forecast and analysis for the edible water bottles market on a global and regional level. The study provides historic data of 2018 to 2022, considering 2023 as the base year, along with a forecast from 2024 to 2032 based on revenue (USD Million). The study includes drivers and restraints for the edible water bottles market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the edible water bottles market on a global level.
Edible water bottle, also called a water ball is a globule of water surrounded by a transparent sachet made from components such as seaweed and chloride. Currently, the membrane only lasts a few days before breaking down but the developers are working on tougher versions that could be licensed to drinks companies. The edible water bottles are biodegradable and can be used as sustainable alternative to plastic bottles over the years. The large scale consumption of plastic as a packaging material in food, beverages, and other consumer products across the globe is resulting in severe environmental pollution and damaging the marine ecosystems. The non-biodegradable nature of plastic greatly effects mankind, thus motivating the development of biodegradable packaging materials such as edible water bottles in the forecast timeline.
The rising usage of plastic and increasing awareness regarding its adverse effects on environment are the major factors for the growth in demand for edible water bottles market. The utilization of plastic has been constantly increasing with rising consumption of bottled water across the globe. According to the Plastic Oceans International, the global plastic production reached around 335 million metric tons in 2021 and over 50% of it is used for single-use applications. The environmental protection bodies are motivating the development of effective alternatives such as edible water bottles. Several governments have also commissioned the regulations for checking the use of plastic bottles. The bans imposed on the use of single-use plastic are likely to increase the demand for edible water bottles in the near future.
The study provides a decisive view of the edible water bottles market by segmenting the market based on product, by application and by region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
On the basis of product analysis includes plain water, mineral water, sparkled water, flavored water and others.
On the basis of application analysis includes online, convenience stores and hypermarkets & supermarkets.
The Regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Report Attributes | Report Details |
---|---|
Report Name | Edible Water Bottles Market |
Market Size in 2023 | USD 124.73 Million |
Market Forecast in 2032 | USD 237.74 Million |
Growth Rate | CAGR of 7.43% |
Number of Pages | 167 |
Key Companies Covered | Nomaco, and Skipping Rocks Lab Limited, among others |
Segments Covered | By Product, By Application And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America is currently the leading market for edible water bottles. The technological advancements and presence of edible water bottle manufacturers such as Nomaco Limited is increasing the utilization of such packaging in the U.S., thus supporting the growth in North America region. Europe is also witnessing increased consumer traction towards green packaging solutions in food industry. This is driving the growth of these sustainable water packages particularly in countries such as Germany, France, and Italy. The edible water bottle brand Ooho launched by Skipping Rocks Lab Limited is one of the most focused edible water bottle in Europe and the U.S. The promotional efforts laid by Skipping Rocks is surging the awareness towards edible water bottles across the globe.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global edible water bottles market. Key players profiled in the report include Nomaco, and Skipping Rocks Lab Limited, among others.
By Product
By Application
By Region
FrequentlyAsked Questions
According to the report, the Global Edible Water Bottles Market is expected to grow at a CAGR of around 7.43% between 2024 and 2032
In terms of region, North America is currently the leading market for edible water bottles. The technological advancements and presence of edible water bottle manufacturers such as Nomaco Limited is increasing the utilization of such packaging in the U.S., thus supporting the growth in North America region.
The key players operating in the global edible water bottles market are Nomaco, and Skipping Rocks Lab Limited, among others.
The rising usage of plastic and increasing awareness regarding its adverse effects on environment are the major factors for the growth in demand for edible water bottles market.
The False Eyelashes Market was valued at USD 124.73 Million in 2023.
The False Eyelashes Market is expected to reach USD 237.74 Million by 2032
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