The global reusable water bottle market size was valued at USD 10.05 billion in 2023. The industry is expected to expand from USD 10.52 billion in 2024 to USD 15.61 billion by 2032, exhibiting a CAGR of 5.05% over the study period.

Reusable water bottle are made of sustainable and eco-friendly materials which makes it ideal for use repetitively, minimizing environmental pollution due to disposable plastic bottles.

The market growth can be credited to the emergence of the trend of sustainable products. Smart water bottles that have the ability to monitor one’s hydration requirements are being launched by companies.

The novel COVID-19 pandemic caused an unforeseen influence on the economy across the globe, leading to upheavals in supply chain and production. In addition, the market growth was greatly impacted by the shutdown of retail outlets/offline distribution channels and manufacturing facilities amid the pandemic.

Fortune Business Insights™ provides this information in its research report, titled “Reusable Water Bottle Market, 2024-2032”

List of Key Players Mentioned in the Reusable Water Bottle Market Report:

Information Source: https://www.fortunebusinessinsights.com/reusable-water-bottle-market-102574

Segmentation:

Lightweight Attribute of Plastic to Impel the Segment Expansion

In terms of material type, the reusable water bottle market is divided into metal, glass, plastic, and others. The plastic segment accounts for the largest reusable water bottle market share. Plastic has a lightweight nature and is cheaper with respect to production. This factor is fostering the plastic segment growth.