Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10.37 Billion | USD 18.20 Billion | 5.8% | 2023 |
According to the report published by Zion Market Research, the global Reusable Plastic Water Bottles Market size was valued at USD 10.37 Billion in 2023 and is predicted to reach USD 18.20 Billion by the end of 2032. The market is expected to grow with a CAGR of 5.8% during the forecast period. The report analyzes the global Reusable Plastic Water Bottles Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Reusable Plastic Water Bottles industry.
Reusable plastic water bottles are generally reused by the customer for several times. The bottles are mostly used to lug liquid material such as health drinks, water, cold drinks, tea, and others in a convenient manner, from one location to another without any spillage. Further, the low costs, easy availability, and suitability associated with the reusable plastic water bottles have increased the requirement for such water bottles. These bottles are obtainable of diverse sizes, color, and designs. The reusable plastic water bottles market report analysis includes sales & revenue, industry size & Share, analysis by value & volume, Trends, growth prospects & major companies. The reusable plastic water bottles market also includes key applications, market utilization ratio, and Supply and demand analysis.
The worldwide reusable plastic water bottles market is expected to witness a fast expansion in the near future owing to the rising requirement for reusable items in the plastics space attributable to the rising recognition of the unfavorable environmental effects of the unrestrained and large-scale use of plastic. Furthermore, the mounting quantity of scientific data has shown the obvious danger of the growing plastic usage at the existing rates, with plastic being cited as a major pollutant in any system.
Plastics, being nonbiodegradable, cause mayhem with any ecosystem where they are discarded, including marine and terrestrial ecosystems. Consequently, there is a rise in a number of governments that support the advancement of reusable plastic products that decrease the amount of lumber caused by the requirement of degrading them. Thus, all these factors are anticipated to contribute to the growth of worldwide reusable plastic water bottles.
The worldwide market for reusable plastic water bottles is divided based on end-user, capacity, application, material, and region.
The end-user segment of the market can be bifurcated into online sales, independent stores, supermarkets, and others.
The capacity of the global reusable plastic water bottles market is diversified into more than 2000 ml, 1000–2000 ml, 500–1000 ml, and 0–500 ml.
The application segment of the reusable plastic water bottles can be categorized into travel, sports, every day, and others.
The material segment of the market can be segmented into low-density polyethylene, high-density polyethylene, polycarbonates, and other materials.
Regionally, the reusable plastic water bottle market can be bifurcated into Latin America, North America, Asia Pacific, Europe, and the Middle East & Africa.
Report Attributes | Report Details |
---|---|
Report Name | Reusable Plastic Water Bottles Market |
Market Size in 2023 | USD 10.37 Billion |
Market Forecast in 2032 | USD 18.20 Billion |
Growth Rate | CAGR of 5.8% |
Number of Pages | 191 |
Key Companies Covered | Elite S.r.l., A. O. Smith Corporation, Cascade Designs Inc., ZheJiang Haers Vacuum Containers Co. Ltd., Implus LLC, and Taiyo Nippon Sanso Corporation. Few other players in the reusable plastic water bottles are Thermo Fisher Scientific Inc., Tupperware Brands Corporation, BRITA GmbH, and Vista Outdoor Inc |
Segments Covered | By end-user, By capacity, By application, By material 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 |
The Asia Pacific is projected to dominate the reusable plastic water bottles market. The growth of this region can be attributed to factors such as extensive urbanization and the altering lifestyle coupled with the rising population.
The dominant players in the worldwide reusable plastic water bottles market include
Few other players in the reusable plastic water bottle market are
By End-UserType
By Capacity Type
By Application
By Material Type
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