Global Insulated Water Bottles Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx billion over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 5.8% during the forecast period that is 2017-2025. Shifting consumer preferences about consumable water is primarily driving the insulated water bottles demand over the previous years. Increasing consumer’s consciousness of hygiene has accelerated the use of insulated water bottles, as they can store boiled water for a longer time. Moreover, increasing trends from consumers to carry beverages during their journey will further boost the need for insulated water bottles.
Global Insulated Water Bottles Market Size, Share Analysis By Region 2017
Increasing prevalence of waterborne diseases will further drive the demand for insulated water bottles among a wide range of consumers. Insulated water bottles made up of stainless steel or polymer materials provide advantages such as low thermal conductivity. Due to this, the temperature of the water in these bottles will decrease at a lower rate. Moreover, many new insulating materials are under development, which has the capability to reduce the heat transfer chances even in these bottles.
Manufacturers are highly investing in extensive research activities to determine the efficiencies of various materials to match the consumer’s requirements. Over the coming years, the global insulated water bottles market will witness a significant rise in the adoption of a wide range of insulating materials which can initiate the heat transfer based on the requirement.
The global insulated water bottles market might be restrained by the presence of toxic materials in the materials used as insulation. Recent findings from many new research studies which reveal the toxicity of these materials and this might affect the growth of this market negatively.
Based on the material, the global insulated water bottles market has been segmented into polymer, metal, and others. Globally, the majority of these bottles are being manufactured by plastics or polymer materials. As the polymer-based water bottles are light in weight and are handy to carry, their preference over other bottles is expected to rise. The demand for stainless steel insulated water bottles might decline till the end of the forecast time span. Other materials such as silicone-based insulated water bottles will find numerous opportunities, as the consumers highly prefer innovative water bottles, which provide additional advantages over other materials. Insulated water bottles for sports use is predicted to have the dominant market share over the projected period, majorly attributed by rising consumer preference.
The global insulated water bottles market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Asia Pacific insulated water bottles market is predicted to have the highest market share till the end of the forecast period. This is majorly due to the presence of highly populated countries. This region’s market share is majorly attributed to China, India, Japan, Indonesia, and others. The rising disposable income of people in these countries and rising health concerns among the population are some of the key factors significantly driving the Asia Pacific insulated water bottles market over the forecast period.
Global Insulated Water Bottles Market Study Objective
1. To forecast the market size of insulated water bottles market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of insulated water bottles market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have major impact on the growth of insulated water bottles market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of insulated water bottles market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.
6. To provide detailed analysis of competitive and strategic developments in the insulated water bottles market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Some of the prominent players in the global insulated water bottles market include Mira, Thermos, Hydro Flask, Cayman Fitness, FNOVA, Geysa, Rehydrate-Pro, and Ice Shaker among several others. This market contains several small-scale and medium-scale players in the unorganized market. All the key players are continuously working on implementing new materials which has zero toxic content, and which provide low heat transfer rates.
Global Insulated Water Bottles Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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