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Water Bottle Market Trends

Report ID: GMI6938
Published Date: Oct 2023
Report Format: PDF

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Water Bottle Market Trends

The introduction of water bottles featuring reminder functionalities is providing a lucrative expansion opportunity for the market. Such innovative products, equipped with reminders in the form of alerts and LED indicators, are capitalizing on consumer desire for improved hydration habits. For instance, in August 2023, AQUAMINDER introduced its most recent product, an innovative water bottle aimed at serving as a continuous prompt for users to maintain their hydration. This groundbreaking bottle utilizes LED lights and audible alerts to send reminders, guaranteeing that individuals maintain regular water intake throughout the day. By addressing a fundamental health concern and offering a practical solution, companies are driving demand.

Authors: Avinash Singh

Frequently Asked Questions (FAQ) :

Water bottle market size was USD 8.2 billion in 2022 and is anticipated to witness over 4.5% CAGR between 2023 and 2032 due to the growing focus on personal well-being and healthier beverage options over sugary alternatives

The plastic material segment held 34% share of the industry in 2022 owing to benefits, such as recyclability, reduced environmental concerns and sustainability

North America garnered over 30% share of the water bottle industry in 2022 due to growing adoption of eco-friendly materials, such as recycled plastics and biodegradable options

Some of the prominent market players include Contigo, S'well, Klean Kanteen, Hydro Flask, CamelBak, Nalgene, and Thermos