Increase in demand for reusable water bottles for sports and travel over the past few years has intensified the growth of reusable water bottles market all across the globe.
Portland, OR -- (SBWIRE) -- 08/24/2017 -- A Reusable Water Bottle is generally reused by bottler for multiple times. The reusable water bottles are majorly utilized to transfer liquid material such as water, health drinks, tea, cold drinks, and others from one place to another in a convenient way. It has been notified that there are wide variety of reusable water bottles available in the market with different material type, size, design, color, and shape. The easy availability, inexpensiveness, and convenience related to reusable water bottles has expanded the demand for such water bottles all over the world.
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Increase in demand for reusable water bottles for sports and travel over the past few years has intensified the growth of reusable water bottles market all across the globe. Besides, the cost effective nature of reusable water bottles has also contributed toward the growth of the market. Change in consumer preferences, lifestyle, and enhancement in the standard of living due to rise in personal disposable income especially in the developing countries is anticipated to intensify the growth of global reusable water bottle market during the forecast period. The rise in penetration of online shopping is further projected to impel the growth of the market till 2022.
The global reusable water bottle market is segmented based on material type such as metal, glass, silica, and polymer. The market is also sub-divided by distribution channel, which includes supermarket/hypermarket, departmental store, online store, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Key players identified across the value chain include Klean Kanteen, Bulletin Bottle, Thermo Fisher Scientific Inc., Aquasana Inc., Sigg Switzerland AG, HYDAWAY, and others.