Fact.MR, in a recently published report, offers valuable insights related to the key factors that are projected to influence the growth of the Reusable Water Bottle market during the forecast period, 2019-2029. The current market trends, vast growth opportunities in different regional markets, market drivers, and restraining factors are thoroughly analyzed in the report on the Reusable Water Bottle market.
The data enclosed in the report such as the Year-on-Year (Y-o-Y) market growth, supply chain analysis, value chain analysis and more will enable readers to assess the quantitative aspects of the Reusable Water Bottle market with clarity. The presented study is a vital asset for stakeholders, investors, and market players involved in the Reusable Water Bottle market who can leverage the information in the report to develop effective business strategies.
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Key Findings of the Report:
- Statistical and factual data related to the micro and macro-economic factors expected to impact the growth of the Reusable Water Bottle market
- Current and projected trends in the Reusable Water Bottle market
- Growth prospects of the Reusable Water Bottle market in different regions
- Recent product development and innovations in the Reusable Water Bottle market
- The projected growth of the key segments of the Reusable Water Bottle market
Reusable Water Bottle Market Segmentation
The report on the Reusable Water Bottle market provides vital analytical insights related to the key market segments including, region, application, and end-use. Further, the report discusses the current and future prospects of each market segment along with informative graphs, tables, and figures.
Segments of the Reusable Water Bottle market assessed in the report:
competitive landscape of the reusable water bottles market, request for a free report sample here
Polymer-based Reusable Water Bottles to Create Opportunities for Market Players
Polymer-based reusable water bottles are usually cheaper than those made from metal, glass, and silicone. These bottles are also easy to clean, available in wide variety of colors, and do not leave a metallic taste. These features make the polymer-based reusable water bottles the highest sold category. Based on primary usage, everyday reusable water bottles generate the highest revenue in the market. Among the sales channels of reusable water bottles, supermarkets and hypermarkets are the most lucrative for the players.
Product Development Holds the Key to Success in the Reusable Water Bottles Market
Besides environmental factors and per day cost cutting on purchasing bottled waters, buyers of reusable water bottles purchase these bottles due to additional features that are absent in bottled drinking water. Considering this factor, manufacturers of reusable water bottles are focusing on product development to include differentiated features to their existing portfolio as well as the launch of new reusable water bottles with added features. For instance, Pressa bottles offer a built-in juicer, that can be used to infuse flavors of fruits and berries, along with an added advantage of easy cleaning as it has a wide mouth. In Feb 2019, Cove launched reusable water bottle made entirely from biodegradable material. This reusable water bottle looks and feels like regular plastic but decomposes without harming the ecosystem. Few companies such as Nalge Nunc International Corp., Newell Brands, etc. are also focusing on gaining attention or marketing its reusable water bottles by collaborating with different entertainment companies such as Marvel, Disney, etc.
Certain inorganic developments in the reusable water bottles market have also been observed in the recent past. For instance, Zhejiang Haers Vacuum Containers Co. Ltd., a Chinese reusable water bottle manufacturer has acquired Sigg Switzerland AG. With this, Zhejiang Haers Vacuum Containers is expected to expand its global footprint. O2Cool was acquired by Maurice Sporting Goods Company of Delaware, Inc. in June 2018.
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Important Queries Related to the Reusable Water Bottle Market Addressed in the Report:
- Which are the leading companies operating in the Reusable Water Bottle market?
- Which regional market is expected to witness the maximum market growth?
- What are the various factors likely to impact the growth of the Reusable Water Bottle market during the assessment period?
- What strategies are market players adopting to expand their presence in the Reusable Water Bottle market?
- How can emerging market players improve their market position in the current landscape of the Reusable Water Bottle market?
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