The use of sports water bottles in outdoor activities is likely to be one of the most significant factors driving market growth during the forecast period. Hiking activities make for a big amount of the market for sports water bottles, and organising an exciting weekend hike is growing fashionable. Because of the consumer need for a distinct water bottle for athletic activities, bottle manufacturers have created visually appealing sport bottles. The bottle market has grown significantly as a consequence of increased demand for fitness and exercise equipment, with sport bottles being one of the most essential accessories. Drinking water from unclean plastic water bottles is considered hazardous to one's health.
According to Coherent Market Insights, the global Sports Water Bottles Market is estimated to surpass US$ 7,143.93 million by the end of 2028 in terms of revenue, exhibiting a CAGR of 4.0% during the forecast period (2021 to 2028).
Key Leaders in the Sports Water Bottles Industry:
1. Nike
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories worldwide. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon. The company sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops
2. Adidas AG
Adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. It offers footwear; apparel; and accessories and gear, such as bags and balls under the adidas brand. It sells its products through own retail stores; mono-branded franchise stores and shop-in-shops; and wholesale and its e-commerce channels. Adidas AG was founded in 1920 and is headquartered in Herzogenaurach, Germany.
3. Borosil
Borosil Limited operates as a glassware company in India and internationally. It operates through Scientificware and Consumerware segments. Borosil Limited was founded in 1962 and is based in Mumbai, India. The company also exports its products to approximately 50 countries.
4. H2O International SA.
H2O Innovation Inc. designs and provides integrated water treatment solutions based on membrane filtration technology. It operates through three segments: Water Technologies and Services, Specialty Products, and Operation and Maintenance Services. The company was founded in 2000 and is headquartered in Quebec City, Canada.
5. SIGG Switzerland Bottles AG
SIG Group AG provides aseptic carton packaging systems and solutions for beverage and liquid food products. The company provides aseptic carton filling lines, aseptic carton sleeves and closures, bag-in-box, and spouted pouch, as well as spare parts, maintenance, digital, add-on, training, and other services. It primarily operates in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. SIG Group AG was founded in 1853 and is headquartered in Neuhausen am Rheinfall, Switzerland.
6. Decathlon S.A.
Decathlon is an online shop for buying sports goods. The company is headquartered in France, founded in 1976.
7. Puma SE
PUMA SE, together with its subsidiaries, engages in the development and sale of footwear, apparel, and accessories for men, women, and kids in Europe, the Middle East, Africa, the Americas, Greater China, and the Asia Pacific. The company was founded in 1924 and is headquartered in Herzogenaurach, Germany. It offers its products primarily under the PUMA and Cobra Golf brand names.
8. Camlin Kokuyo
Kokuyo Camlin Limited manufactures and markets stationery products, hobby art materials, and scholastic products in India. The company markets its products under the Camel and Camlin brands. Kokuyo Camlin Limited is a subsidiary of Kokuyo Co., Ltd.
9. Milton
Milton is one of the leading manufacturers and marketers of houseware products in the country. The company was founded in Pennsylvania, U.S. founded in 1972.
*Definition- During sports, sports bottles are used to carry any form of liquid that would fuel the activity. Hydration is essential while engaging in strenuous activity such as running. Water bottles are popular in sports, trekking, picnics, and outdoor activities due to their simplicity of use, durability, and portability.
