European $2 36 Billion Reusable Water Bottle Market to 2028 with the Germany Expected to Remain the Biggest Market prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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The escalating pollution levels due to the use of disposable plastic bottles is increasing the popularity of reusable water bottles, which will help in increasing the growth prospects of the market extensively
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The reusable water bottles market is estimated to expand at a CAGR of 4 percent during the forecast period of 2019-2027
ALBANY, N.Y., May 11, 2021 /PRNewswire/
Reusable Water Bottles Market: Current and Subsequent Growth Prospects
The reusable water bottles market is expected to gain tremendous growth opportunities on the back of the rising awareness about environmental conservation prospects across many individuals. The use of single-use and disposable water bottles has caused great harm to the environment and hence, this aspect will help in increasing the growth rate of the reusable water bottles market.
tmrFebruary 17, 2021 8
The demand within the global reusable water bottles market is treading along an upward trajectory in recent times. The need for fostering sustainable practices across leading industries has brought reusable water bottles under the spotlight of attention. Moreover, the energy sector has made emphatic claims about the need for using recyclable, reusable, and environment-friendly products. The growing concerns of the energy sector about a potential environmental crisis has led them to take bold steps towards sustainability. International bodies for managing climate change and environmental damage have sent clarion calls for a change in lifestyles. All of the aforementioned factors have driven sales across the global reusable water bottles market.
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market for reusable water bottles was valued at US$8.64 billion in 2018 and is expected to grow at CAGR by 4.3 per cent during the forecast period from 2019 to 2027.
Market Insights
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Growing health awareness coupled with stringnent government regulations for reusable material will upgrade the market growth during the forecast period
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Reusable water bottles are widely used for drinks such as juices, drinks, tea and are also used when traveling from one place to another. The growing use of reusable water bottles globally, due to its features, designs, material, size and shape, will drive market growth. In addition, the increasing need and trend for online shopping, the increasing use of social networking and related facilities is likely to boost the market for reusable bottled water in the projected years. Moreover, rising disposable incomes, increasing migration from rural to urban areas and changing lifestyles are expected to fuel market revenues for global reusable
Reusable Water Bottles Market: Moving Towards Brighter Future | Aquasana, SIGG Switzerland, HYDAWAY sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.