As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global reusable water bottles market is driven by the rising awareness regarding sustainable practices. Further, the energy sector has also shown keen interest in bringing into reality the increased use of reusable, recyclable, and environment-friendly products. The rising concern of the energy sector for the potential environmental crisis has provided the impetus to sustainable growth globally, leading to lifestyle changes among the population. Also, the corporate industry is working efficiently to make sure the reusable water bottle becomes popular.
Major companies, such as Tupperware Brands Corporation (NYSE: TUP) and Camelbak Products, LLC are boosting the market growth for reusable water bottles. In June 2020, just a day before World Environment Day, Tupperware Brands Corporation introduced the vision ‘No time to waste’ to decrease plastic as well as food waste by the year 2026 through a reduction in packaging, product innovation, strategic partnerships, and operational goals. This initiative will enhance the alternative markets such as the reusable water bottles market.
Further, regulations have been introduced to bring the use of single-use plastic bottles down and fuel the sales of reusable plastic water bottles market. Statistics show that the reusable water bottle should be used at an average of eighty times before having a carbon footprint lower as compared to single-use bottles. The target market for the reusable water bottle market is the aware and concerned young population, which takes a keen interest in the current conditions of the world and dedicatedly takes actions to bring about a positive change in the environment.
Market Analysis by Material Type, Distribution Channel, Primary Usage, and Region:
Key Findings of The Report:
Key Offerings of the Report:
Camelbak Products, LLC, Brita®, LP., Klean Kanteen, Inc., Tupperware Brands Corporation, Aquasana, INC., and Thermos L.L.C. are the key players in the global reusable water bottle market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.