Fact.MR Report: Rising environmental concerns lead to rising preference for insulated water bottles

FACT.MR

FACT.MR

A Fact.MR report has been published that shows that there will be an increase in demand over the next few years due to changes in lifestyle standards.

Rockville, Jan. 12, 20,23 (GLOBE NEWSWIRE). — According to a newly published research report by Fact.MR (a provider of market research, competitive intelligence and market research), the global demand for insulated bottles will exceed US$ 3.1 Billion by 2033. expanding at 3.4% CAGR through 2033.

Hydration is crucial for the health and well-being of an individual. It is therefore important to have water bottles that work efficiently. Due to increasing concerns about the negative environmental impacts of plastic, stainless steel water bottles have become more popular in recent years.

Stainless steel bottles are more durable than plastic and glass bottles. These other options may also be easily broken. Also, stainless-steel water bottles are very useful as they can preserve the beverage’s temperature for a set period.

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Insulated bottles can also be recycled 100 percent and used for a longer time. Plastic bottles can lead to chemicals leaching into juices stored. Insulated water bottles, which are chemical-free, are a better option. These bottles can be easily washed in the dishwasher. Individuals will be more likely to adopt insulated water bottles because of their ease of use.

Market Study Key Takeaways

  • By 2033-end, sales of insulated water containers are expected to exceed US$ 3.1 million.

  • Canada’s market will grow at a 2.6% annual rate through 2033.

  • Current market value for the global insulated water bottle industry is US$2.2 billion.

  • Through 2033, the market is expected grow at 3.4% CAGR.

  • The demand for insulated water bottles is expected to rise at a CAGR 1.7% between 2033 and 2033.

“Increasing adoption of insulated water bottles by athletes, daily travelers, and others for regular use is projected to stimulate growth opportunities in the global market,” According to a Fact.MR analyst.

Research into the Insulated Water Bottles Industry Segmentation

  • Type:

    • Fine Mouth

    • Big Mouth

    • Mugs

    • Tumblers

  • Material

    • Plastic

    • Metal

    • Glass

    • Silicone

  • Region:

    • North America

    • Europe

    • Asia Pacific

    • Latin America

    • Middle East & Africa

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Winning Strategy

Many governments around the globe are now taking steps to ban single-use plastic containers and promote reusable bottles. These bottles can be reused safely and are environmentally friendly. These initiatives are expected to increase the opportunities for growth in the global market for insulated water bottles.

Competitive Landscape
The industry is looking for ways to improve output and lower the operating cost of drinking bottles. Innovations will be affected by the rising retail power and high input costs. It is expected that players will gain a competitive advantage in the global market by developing new strategies, as well as increasing efficiency levels from suppliers and players.

Key Companies Profiled

  • Cayman Fitness

  • Fnova

  • Geysa

  • Healthy Human

  • Hydro Flask

  • Mira

  • Rehydrate-Pro

  • Thermos

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Fact.MR presents a new report that provides an impartial analysis of the global insulated bottles market from 2023-2033.

The study divulges essential insights into the market on the basis of type (fine mouth, big mouth, mugs, tumblers), distribution channel (supermarkets/hypermarkets, specialty stores, online stores, others), and material (plastic, metal, glass, silicone), across five major regions (North America, Europe, Asia Pacific, Latin America, and MEA).

You can also find other related studies from Fact.MR Research. 

Inverted Squeeze Bottle Market: Inverted squeeze bottle market is expected to grow at 3.0% between 2021 and 2031. Upturned squeeze bottles are used in the food, beverage and personal care industries. These bottles are mostly used for packaging food items, such as sauces, honey, etc. These bottles are easy to use and user-friendly. By applying pressure, the fluid can be dispersed. Food & beverage, personal care & hygiene, and health care are among the industries that benefit from the global market for inverted squeeze bottles.

Multicomponent Bottle Market: For better product performance, and increased consumer engagement, a multicomponent bottle keeps active components separate until used. The concept behind Triple Seal Protection Stop Leak family is the separation of the products’ active ingredients, which include sparkling beads, a liquid resin, and a liquid acrylic polymer, in compare to viable products, which are premixed. Multicomponent bottles offer custom packaging design to ensure that the components are kept separate until they are used. This allows for a more intuitive and inviting experience.

Dog Water Bottle Market: According to a recent report from Fact.MR, there will be a significant increase in global dog water bottles market growth in the 2021-2031 forecast period. The short-term recovery of dog water bottle demand will be steady, with a positive long term outlook. The virtues of pet adoption and pet humanization are expected to drive dog water bottle sales.

Bottle Feeding Equipment Market: Bottle feeding equipment includes sterilizers, bottles, sterilizers and teats. To ensure sanitation and health, bottle feeding equipment is essential. Bottle feeding equipment can cause infections in infants. This is why it is so important to have clean equipment. The equipment used to feed infants is sufficient.

Plastic Buckets Market: Plastic buckets are one of the most essential household items in the world. Plastic buckets have been used for decades for many purposes, including bathing and high-end packaging. The market landscape has changed dramatically over the past 20 years as a result of the shift from metal raw material to plastic buckets. Plastic buckets can be lighter and are more affordable. For different applications in food, industrial, chemical and other industries, they are primarily made up of PET, PP and HDPE.

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