As the COVID-19 pandemic disrupted communities and forced a nationwide shutdown, certain outdoor spaces became places of sanctuary to safely socialize, improve physical and mental health, connect with family, and recover from screen fatigue. Many people have been adopting outdoor physical activities due to increased health consciousness. The outdoor activities being adopted worldwide are running, jogging, hiking, freshwater, seawater and fly-fishing, road biking, mountain biking, and different campaigns to explore new places. Further, according to the Outdoor Industry Organization’s report 2021, 7.1 million North Americans participated in outdoor recreation in 2020 than in 2019. Therefore, many key players have introduced healthy drinks and water with attractive containers or bottles. The advertisement campaign by key players encouraged consumers to opt for healthy drinks to keep them hydrated and energized. Moreover, rising environmental sustainability and impositions by many governments encourage manufacturers to take the initiative for eco-friendly packaging solutions. Therefore, the eco-friendly water bottle market is anticipated to register steady growth over the forecast period.
With new features and technologies, vendors attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America eco-friendly water bottle market at a substantial CAGR during the forecast period.
North America Eco-Friendly Water Bottle Market Segmentation
The North America 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 North America eco-friendly water bottle market is segmented into the US, Canada, and Mexico. In 2020, the US held the largest market share; and it is also 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 Corkcicle are among the leading companies operating in the North America eco-friendly water bottle market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 1,415.87 Million |
| Market Size by 2028 | US$ 1,926.22 Million |
| CAGR (2021 - 2028) | 4.5% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Material
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Eco-Friendly Water Bottle Market is valued at US$ 1,415.87 Million in 2021, it is projected to reach US$ 1,926.22 Million by 2028.
As per our report North America Eco-Friendly Water Bottle Market, the market size is valued at US$ 1,415.87 Million in 2021, projecting it to reach US$ 1,926.22 Million by 2028. This translates to a CAGR of approximately 4.5% during the forecast period.
The North America Eco-Friendly Water Bottle Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Eco-Friendly Water Bottle Market report:
The North America Eco-Friendly Water Bottle Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Eco-Friendly Water Bottle Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Eco-Friendly Water Bottle Market value chain can benefit from the information contained in a comprehensive market report.
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