A staggering amount of plastic waste is produced each year and discarded in landfills or large bodies of water. Plastic cups and water bottles are the most significant contributors to this pile of ecological destruction. According to the Container Recycling Institute, a non-profit organization dedicated to reducing plastic pollution and promoting recycling, Americans purchased annually more than 70 billion one-gallon plastic water bottles (in other words, single-use). Paper has the potential to be a feasible alternative to plastic water bottles. Paper-based eco-friendly water bottle manufacturers have developed a waterproof solution. Paper water bottles and paper shampoo bottles are two of the most popular options. Participants in the eco-friendly water bottle market offer alternatives to plastic water bottles. Kagzi Water Bottle, for example, created a paper bottle, and it provides a one-of-a-kind, patented packaging technology to replace single-use plastic. Kagzi Bottles is redefining packaging through the use of natural materials in novel ways. The bottles are 100% compostable, sustainable, and brandable, according to the company.
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The increasing awareness of the benefits of eco-friendly products is expected to fuel the eco-friendly water bottle market growth over the forecast period. Furthermore, rising consumer awareness about environmental sustainability and regulations governing single-use water bottles are driving market growth in the coming years. Market leaders are making major advances in the development of eco-friendly water bottles, such as Ello Products, a producer, wholesaler, and online retailer of sustainable food and beverage containers will begin selling reusable water bottles made of Eastman TritanTM Renew with 50% certified recycled content in June 2021. Eastman's Advanced Circular Recycling technologies, which breaks down plastic waste into fundamental building blocks to create pristine new materials, are used to create Tritan Renew, a recycled plastic material.
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Our 402+ Pages Report titled, “Eco-Friendly Water Bottle Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2022 - 2030”, will include extensive information on the following pointers:
- Global market size and forecast values (2015 – 2030), in terms of revenue (US$ Million) by segments/sub-segments
- Years Considered (2015 – 2030)
- Historic Years: 2015 - 2020
- Base Year: 2021
- Forecast Years: 2022 – 2030
- Split of the market revenue (US$ Million) into all the relevant segments & sub-segments across all major regions/countries.
- Market determinants and Influencing Factors
- Market Dynamics (Drivers, Restraints, Opportunities, and Trends)
- Analysis on Impact of Covid-19: Global Eco-Friendly Water Bottle Market
- Macro-Economic and Micro-Economic Indicators
- Porter’s Five Forces Analysis
- Competitive Benchmarking: Global Presence and Growth Strategies
- Mergers and Acquisitions
- Product Launches
- Investments Trends
- R&D Initiatives
- Market Share Analysis, 2021
- Detailed profiles of major market participants operating in the market, encompassing information pertaining to company details, company overview, product offerings, key developments, financial analysis, SWOT analysis, and business strategies
- Region-specific reports including North America, Europe, Asia Pacific, Middle East & Africa, and Latin America are also available in our repository.
- The reports can be provided in different languages including French, Korean, Japanese, Arabic, Spanish, German, Russian, Chinese, and other languages.
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Key Findings – Global Eco-Friendly Water Bottle Market
- The paper material segment is an emerging segment of the eco-friendly water bottle market and has accounted for the maximum revenue generated in 2021. Paper is one of the most environmentally friendly materials on the planet. Paper is biodegradable because it is made of plant materials, and the majority of plant materials are biodegradable. According to JUST, carton bottle has significant environmental benefits: it is 100% recyclable, it is made primarily of a renewable resource sourced from sustainably managed forests, and it reduces CO2 emissions by 52% when compared to a standard-size, middle-weight PET bottle.
- On the basis of application, the home segment generates significant revenue in the market in 2021. People use water bottles for personal and household purposes on a daily basis. Growing user awareness of the importance of using eco-friendly products in daily life is one of the major factors driving the segment growth.
- The supermarkets and hypermarkets segment holds a significant share of the market in 2021 because it offers multiple benefits to users such as a large number of purchasing options in the hypermarket and supermarket, freedom of selection, and products being found at relatively low prices in supermarkets because they purchase a larger quantity of goods.
- Asia Pacific region is expected to show the highest growth rate during the forecast years in the global eco-friendly water bottle market. The region's growth is attributed to the region's increasing population and stringent government legislation related to environmental concerns in major economies such as China, India, and Japan. Recognizing the dangers of plastic water bottles, government bodies are actively encouraging bottle manufacturers to use eco-friendly and sustainable materials, a trend that is likely to encourage consumers to use eco-friendly water bottles. This initiative is likely to drive the growth of the regional market.
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Absolute Markets Insights has segmented the global eco-friendly water bottle market based on material, application, distribution channel, and region.
Global Eco-Friendly Water Bottle Market Material Outlook (Revenue, USD Million, 2015 - 2030)
- Recyclable Plastic
- Stainless Steel
- Ceramic and Soft silicone
Global Eco-Friendly Water Bottle Market Application Outlook (Revenue, USD Million, 2015 - 2030)
Global Eco-Friendly Water Bottle Market Distribution Channel Outlook (Revenue, USD Million, 2015 - 2030)
- Supermarkets and Hypermarkets
- Specialty Stores
Global Eco-Friendly Water Bottle Market Regional Outlook (Revenue, USD Million, 2015 - 2030)
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries, Benelux Union, Rest of Europe)
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia, Rest of Asia Pacific)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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Key Companies In The Global Eco-Friendly Water Bottle Market Are:
- BOTTLE UP
- CanO Water Ltd
- Ecologic Powered by Jabil
- Ello Products
- frank green
- Hydro Flask
- JUST Goods, Inc.
- Kagzi Water Bottle
- Klean Kanteen
- Paper Water Bottle
- SOURCE Global, PBC
- Other Market Participants
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