Eco-Friendly Water Bottle Market Revenue, Industry Growing
Demand, Size, Share and Forecast - 2031
The global
eco-friendly water bottle market is anticipated to grow at a CAGR of
4.5% during the forecast period (2024-2035). Governments across the globe are
banning single-use plastics and to switch on reusable or degradable plastics.
The initiatives by governments across the globe are propelling the growth of
the market during the forecast period. For instance, in an article published by
World Economic Forum (WEF) in July 2022, India imposed a ban on single-use
plastics to tackle the country's rapidly increasing levels of plastic
pollution. The ban includes straws, cutlery, earbuds, packaging films, and
cigarette packets, among other products. Further, the government decided to set
up control rooms to check any illegal use, sale, and distribution of single-use
plastic products.
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Moreover, for instance, in June 2022, the US government
banned single-use plastic in national parks. The government decided to phase
out single-use plastic products on US public lands, including the vast network
of American national parks, to stem the huge tide of plastic pollution that has
extended almost across the globe. Additionally, the government will look to
identify environmentally preferable alternatives to plastic bottles, packaging,
and other products, such as compostable materials.
In Addition, in July 2021, European Union (EU) banned
single-use plastics takes effect. The directive bans certain single-use
plastics for which alternatives are available. The government also stated that
by 2025, 77% of plastic bottles placed on the market must be recycled. By 2029,
an amount equal to 90% must be recycled. In addition, design requirements for
plastic bottles will be implemented: by 2025, and manufacturers must include at
least 25% recycled plastic in their manufacture.
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Market Coverage
• Segment
Covered-
o By
Material Type
o By
Distribution Channel
o By Method
Type
• Regions
Covered-
o North
America
o Europe
o Asia-Pacific
o Rest of
the World
• Competitive
Landscape- Aqua AF, Klean Kanteen, and Chilly's Bottles Ltd., among others.
Key questions addressed by the report
• What is
the market growth rate?
• Which
segment and region dominate the market in the base year?
• Which
segment and region will project the fastest growth in the market?
• How has
COVID-19 impacted the market?
o Deviation
from the pre-COVID-19 forecast
o Most
affected region and segment
• Who is
the leader in the market?
• How
players are addressing challenges to sustain growth?
• Where is
the investment opportunity?
Global Eco-Friendly Water Bottle Market Report by Segment
By Material Type
By Distribution Channel
By Method Type
Global Eco-Friendly Water Bottle Market Report by Region
North America
• United
States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of
Europe
Asia-Pacific
• China
• India
• Japan
• South
Korea
• Rest of
Asia-Pacific
Rest of the World
• Latin
America
• Middle
East & Africa
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90
sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after
purchasing your report.
For
More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/eco-friendly-water-bottle-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
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