The eco-friendly water bottle market has exhibited substantial augmentation in demand due to the growing promotional measures by governments for environmental conservation. The use of eco-friendly water bottles by the population aids the restoration of the environment. The population inclined toward environmental conservation is the key driver for the eco-friendly water bottle market. Moreover, the production process of reusable water bottles has an overall lower carbon footprint considering the product's lifecycle, further reducing plastic waste in landfills. Eco-friendly water bottles can be washed and reused and are a healthier choice among people; for instance, copper bottles have health benefits associated with the metal. Further, eco-friendly bottles last longer and have an aesthetic appearance. The benefits of eco-friendly water bottles to sustain the environment are expected to create lucrative opportunities in the eco-friendly water bottle market. For instance, Klean Kanteen, a California-based manufacturer of eco-friendly water bottles, manufactures paper packaging, which is 100% paper and made from post-consumer recycled content and forest-friendly materials certified by the Forest Stewardship Council (FSC). Thus, manufacturers focus on sustainable solutions by increasing the demand for eco-friendly solutions and creating awareness about ecological balance among millennials.
With new features and technologies, vendors attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa eco-friendly water bottle market at a substantial CAGR during the forecast period.
Middle East & Africa Eco-Friendly Water Bottle Market Segmentation
The Middle East & Africa eco-friendly water bottle market is segmented into material, distribution channel, and country. Based on material, the market is segmented into paper, metal, glass, and others. In 2020, the metal segment held the largest share of the market; it is also expected to register the highest 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 the largest share of the market; and the online retail segment is expected to register the highest 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 the Rest of MEA. In 2020, Saudi Arabia held the largest market share; and the UAE is expected to grow at the highest 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 operating in the Middle East & Africa eco-friendly water bottle market.