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The
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