Report : Middle East & Africa Eco-Friendly Water Bottle Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Paper, Metal, Glass, and Others) and Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online Retail, and Others)
Metal is Expected to be the Fastest Growing Segment During the Forecast Period 2021–2028
According to a new market research study on “Middle East & Africa Eco-Friendly Water Bottle Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Material and Distribution Channel” is expected to reach US$ 1,010.19 million by 2028 from US$ 785.44 million in 2021. The market is estimated to grow at a CAGR of 3.7% from 2021 to 2028. The report provides trends prevailing in the Middle East & Africa eco-friendly water bottle market along with the drivers and restraints pertaining to the market growth. Increasing cognizance regarding environmental sustainability, heighten consumption of healthier beverages, and growing technological developments are the major factor driving the growth of the Middle East & Africa eco-friendly water bottle market. However, raising cost of manufacturing eco-friendly water bottles hinders the growth of Middle East & Africa eco-friendly water bottle market.
The Middle East & Africa eco-friendly water bottle market is segmented on the basis of material, distribution channel, and country. Based on material, the market is segmented into paper, metal, glass, and others. In 2020, the metal segment held a larger share of the market; and it is also expected to register a higher CAGR during the forecast period. Based on distribution channel, the market is segmented into supermarkets & hypermarkets, specialty stores, online retail, and others. In 2020, the supermarkets & hypermarkets segment held a larger share of the market; and the online retail segment is expected to register a higher CAGR during the forecast period. Further, based on country, the Middle East & Africa eco-friendly water bottle market is segmented into South Africa, Saudi Arabia, the UAE, and Rest of MEA. In 2020, Saudi Arabia held the largest market share; and the UAE is expected to grow at the fastest CAGR during the forecast period.
S'well; Ocean Bottle; Hydro Flask; Kinto Co., Ltd.; 24 Bottles Società Benefit S.r.l. P.IVA; Chilly's; Frank Green; Klean Kanteen; and Qwetch are among the leading companies in the Middle East & Africa eco-friendly water bottle market.
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