Reusable Water Bottle Market 2021| Trends and Forecast, Future Demand 2028
iCrowd Newswire
08 Jul 2021, 11:57 GMT+10
Reusable water bottles are the containers for liquid consumables. These bottles are being used for liquors like juice, alcoholic beverages, or iced tea and these bottles are used for saving the environment, and therefore reducing waste. The increasing living standards of consumers, high pace lifestyles, enhancement in consumer preference towards suitable products will boost the market in coming years.
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The factor that can act as a restraint in the growth of the market is the distracting chemicals used for the manufacturing of these bottles which may lead to many diseases and hamper the reusable water bottles market. However, the increasing encouragement of consumers by shifting from supplied water to packed water bottles mainly in developing countries will create new opportunities in the market of reusable water bottles in the forecast
European $2 36 Billion Reusable Water Bottle Market to 2028 with the Germany Expected to Remain the Biggest Market
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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 global reusable water bottle market size is expected to reach USD 84.8 billion by 2028. It is expected to expand at a CAGR of 4.0% from 2021 to 2028.
Government regulations and the anti-plastic movement are encouraging consumers to switch to disposable water bottles and prompting manufacturers to develop environmentally-friendly products.
Furthermore, the extensive use of disposable water bottles in sports and public places is discouraged by various campaigns in order to create awareness among people. Some governments have taken initiatives for the same, for instance, in February 2019, UNICEF and the Ministry of Education Maldives decided to provide reusable water bottles to all the first graders in the Maldives.
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ResearchAndMarkets.com s offering.
The global reusable water bottle market size is expected to reach USD 84.8 billion by 2028. It is expected to expand at a CAGR of 4.0% from 2021 to 2028.
Government regulations and the anti-plastic movement are encouraging consumers to switch to disposable water bottles and prompting manufacturers to develop environmentally-friendly products.
Furthermore, the extensive use of disposable water bottles in sports and public places is discouraged by various campaigns in order to create awareness among people. Some governments have taken initiatives for the same, for instance, in February 2019, UNICEF and the Ministry of Education Maldives decided to provide reusable water bottles to all the first graders in the Maldives.