North America Reusable Water Bottle Market By Material Type (Plastic, Stainless Steel, Silicone, Glass and Other Material Types), By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Online and Specialty Stores), By Country, Growth Potential, Industry Analysis Report and Forecast, 2020 - 2026
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Market Report Description
The North America Reusable Water Bottle Market would witness market growth of 6.9% CAGR during the forecast period (2020-2026). These bottles are broadly adopted as an alternative for their counterparts manufactured from single-use plastic.
The manufacturers of reusable water bottles are providing these materials with BPA-free tags. This BPA refers to Bisphenol A, a chemical element that leads to cancer. Moreover, there is a growing consumer preference towards glass & stainless steel water bottles due to the various health advantages offered by these bottles. Among all, the glass bottles are considered to be more contamination-free than others even after numerous washes because glasses do not degrade even after recurring usage.
The increasing usage of single-use water bottles result in their increasing dump in a garbage pit. According to the Container Recycling Institute, each day more than 60 million plastic bottles are dumped in the U.S. Some of these dumped bottles move to the recycling center & millions are found on waterways, streets, and public places. It not only pollutes the environment but also affects the aquatic flora and fauna.
There are various people who choose durable bottles, which are good in quality, thus avoiding any kind of negative effects on a person’s health. Additionally, metallic bottles are mostly preferred amongst the population due to the appealing look & related health benefits. Copper-made bottles are among the most preferred metal bottles in the water bottle category. There are several health benefits offered by drinking water from copper bottles as it keeps the digestive system healthy and active. It also clears out the stomach & digestive system and detoxifies the liver and kidneys.
The US market dominated the North America Silicone Market by Country in 2019, thereby, achieving a market value of $2,242.8 million by 2026. The Canada market is experiencing a CAGR of 10.4% during (2020 - 2026). Additionally, The Mexico market would witness a CAGR of 9.4% during (2020 - 2026).
Based on Material Type, the market is segmented into Plastic, Stainless Steel, Silicone, Glass and Other Material Types. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Convenience Stores, Online and Specialty Stores. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thermo Fisher Scientific, Inc., A. O. Smith Corporation, Newell Brands, Inc., Vista Outdoor, Inc. (CamelBak Products LLC), Groupe SEB, Tupperware Brands Company, SIGG Switzerland Bottles AG (Zhejiang Haers Vacuum Containers Co., Ltd.), Klean Kanteen, Hydaway LLC, and Bulletin Bottle.
Scope of the Study
Market Segments Covered in the Report:
By Material Type
- Stainless Steel
- Other Material Types
By Distribution Channel
- Hypermarkets & Supermarkets
- Convenience Stores
- Specialty Stores
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Thermo Fisher Scientific, Inc.
- A. O. Smith Corporation
- Newell Brands, Inc.
- Vista Outdoor, Inc. (CamelBak Products LLC)
- Groupe SEB
- Tupperware Brands Company
- SIGG Switzerland Bottles AG (Zhejiang Haers Vacuum Containers Co., Ltd.)
- Klean Kanteen
- Hydaway LLC
- Bulletin Bottle
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