Lewes, DE -- (SBWIRE) -- 01/18/2018 -- Report forecast the global sports bottle market to grow at a CAGR of 6.15% during the period 2017-2021.

Sports bottles are used to hold any kind of drink that fuels the workout during sports. They offer lightweight, convenient, and shatterproof properties. In addition, these bottles are used as a promotional item for fitness centers and sports events, such as a marathon. They can be used multiple times because of their reusability property.

The report covers the present scenario and the growth prospects of the global sports bottle market for 2017-2021. To calculate the market size, the report considers the revenue generated by different vendors through the sales of sports bottles made of several types of materials, which include plastic, stainless steel, aluminum, and glass.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, one of the major drivers for this market is Increasing consumption of bottled water. With a rising focus toward health, taste, convenience, and designs, the consumption of bottled water is increasing. The global consumption of bottled water is expected to grow at a CAGR of more than 6% during the forecast period. With an increased prevalence of waterborne diseases and scarcity of tap water in both developed and developing countries, consumers prefer bottled water because of its better taste and quality.

Further, the report states that one of the major factors hindering the growth of this market is Availability of substitutes. There are several sports and energy drink manufacturers that sell their brand-name canned energy drinks, which act as a substitute for sports bottles. The global energy drinks market is expected to grow at a CAGR of more than 11% during the forecast period. With energy drink manufacturers coming up with their own solutions and products, it is becoming a challenge for the vendors in the global sports bottle market. For instance, in 2016, Lucozade, a sports and energy drinks manufacturer, launched a new bottle design with a textured grip. The bottle is available in eye-catching colors for its sports drinks.

Global Sports Bottle Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global sports bottle market: PMI, Thermos, Tupperware, Vista Outdoor, and Zojirushi.

Other Prominent Vendors in the market are: Bottlesport, Bottles of Australia, Eurobottle, Garyline, Huffermen, Inpress Plastics, Nike, Polar Bottle, The Bottle Factory, US Poly Enterprise, and ZheJiang Haers Vacuum Containers.

Market driver
- Increasing consumption of bottled water
- For a full, detailed list, view our report

Market challenge
- Availability of substitutes
- For a full, detailed list, view our report

Market trend
- Rising focus on sustainability
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

Spanning over 73 pages "Global Sports Bottle Market 2017 - 2021" report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Market segmentation by types of materials, Geographical segmentation, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Appendix.

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