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ECO FRIENDLY WATER BOTTLE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Eco Friendly Water Bottle Market, By Material Type (Stainless Steel, Plastic, Glass, Silicone, Copper, Aluminum, and Others ), By Product Type (Plain Water Bottles, Infuser Water Bottles, Filtered Water Bottles, Insulated Water Bottles, Collapsible Water Bottles, Infant Water Bottles, and Others (Growlers, Tumblers etc.)), By Distribution Channel (Online, Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Dec 2023
  • Code : CMI6232
  • Pages :140
  • Formats :
      Excel and PDF
  • Industry : Consumer Goods

Eco Friendly Water Bottle Market Size and Trends

The Eco Friendly Water Bottle Market size is expected to reach US$ 15.32 Bn  by 2030, from US$ 7.91 Bn in 2023, exhibiting  a compound annual growth rate (CAGR) of 9.9% during the forecast period. Eco friendly water bottles are reusable bottles made using sustainable materials like glass, stainless steel, bamboo, and others. These bottles offer environmental benefits over single-use plastic bottles by reducing plastic waste. The key market drivers include growing consumer awareness, supportive regulations, and product innovation.

Eco Friendly Water Bottle Market Trends

  • Integration of advanced smart technology: Eco friendly water bottles featuring integration of smart technology like built-in filters, Bluetooth connectivity, Light Emitting Diode usage trackers, temperature control, etc. are rising in popularity. Leading companies like Hidrate Inc., Thermos LLC, HydraCoach, and others offer reusable bottles with integrated smart hydration tracking sensor technology. This enables users to monitor daily water intake and get reminders for refills. Other smart features like automatic LED usage indicators, Bluetooth connectivity for data syncing with apps, integrated water filters, temperature regulation by using phase change materials, and digital displays are also gaining traction. The smart eco friendly bottle trend will gain strength in the foreseeable future.( HidrateSpark is the world\'s smartest water bottle that tracks your water intake, glows to remind you to drink, syncs via Bluetooth to our hydration app, Fitbit, and Apple watch. & Thermos LLC is a manufacturer of insulated food and beverage containers and other consumer products. The original company was founded in Germany in 1904.)
  • Sustainability-focused design innovation: Sustainable design innovation is an emerging trend with manufacturers using novel, eco-friendly materials, and creative techniques to enhance reusable bottle utility. Some examples include self-cleaning bottles using copper or nano-plastic coatings and edible water balls that are made of seaweed extracts and plant-based plastic derived from sugarcane ethanol, collapsible silicon bottles which are made of medical-grade life materials, and others. Creative usage of such sustainably sourced materials to develop bottles with added convenience, functionality and eco-cred can attract many consumers. R&D in sustainable design will be a defining trend going forward.
  • Targeting the youth demographic: The youth demographic especially school/college students and millennials are emerging as an important target segment for eco friendly bottle manufacturers. Young consumers are very environmentally conscious and are early adopters of sustainable alternatives. Hence, brands are personalizing reusable bottles with trendy and youth-oriented graphics, introducing compact and convenient folding bottles targeting students, and partnering with schools/colleges to promote daily usage. Sponsoring youth events and collaborating with young influencers are also strategies adopted by companies to drive greater reusable bottle uptake among younger consumers. Focus on the youth demographic will be a notable trend.
  • Launch of fashionable premium products: The market is witnessing increasing demand for reusable bottles that act as fashionable lifestyle accessories rather than mere functional products. Consumers want personalized, premium bottles made of glass, copper, stainless steel and others that elevate their style. Brands are capitalizing on this trend by launching beautifully designed bottles with minimalist aesthetics and eye-catching colors targeted at fashion-forward audiences. For instance, SOMA launched a new glass bottle collection with floral motifs while CORKCICLE.  introduced an intricately etched monogram collection. The trend of positioning reusable bottles as fashion statements through premiumization will gain prominence.

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