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)
Eco Friendly Water Bottle Market Regional Insights
North America is expected to be the largest market for eco friendly water bottle market during the forecast period, accounting for over 40% of the market share in 2022. The market growth in North America is due to high environmental awareness and government measures to ban single-use plastics.
The Asia Pacific market is expected to be the second-largest market for eco friendly water bottle market, accounting for over 25% of the market share in 2022. The market growth is due to expanding middle class population and rapid urbanization in the region.
The Europe market is expected to be the fastest-growing market for eco friendly water bottle market, with a CAGR of over 9.8% during the forecast period. The market growth in Europe is due to stringent regulations by The European Union ( EU )gainst single-use plastics.
Geographies covered:
North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East