Double Walled Stainless Steel Bottle: Introduction
- Double walled is essentially an insulation technique which creates a vacuum between the outer and inner wall that helps to keep the temperature of beverages as it is for up to 24 hours.
- Double walled stainless steel bottles are perfect hot or cold bottles which keeps the user refreshed and hydrated all day long and hence is regarded as an integral product for healthy lifestyles, thus raising its popularity in the market.
- These bottles are made of double walled stainless steel material which is 100% BPA free, keeping the beverage free from impurities for health safety. Besides, it is strong and durable, rust and leak-proof, sweat free, and available in different sizes or can be customized.
Key Drivers and Opportunities of the Double Walled Stainless Steel Bottle Market
- Urbanization and revolution in the health industry during recent years has increased awareness among the global population about the need to adapt healthy lifestyles in terms of eating and drinking patterns. Most commonly used drinking containers worldwide are made of plastic which contains BPA. BPA (bisphenol A) is an industrial chemical that has been widely used in the manufacture of epoxy resins and polycarbonate plastics (PC). The safety of BPA has always been controversial. According to the most authoritative and up-to-date reports, BPA is likely to have adverse effects on the reproductive system and nervous system of animals and humans. To make matters worse, this industrial chemical may be one of the key factors that cause cancer. Hence, scientists and health experts across the globe promote stainless steel water bottles as the most safe water containers compared to plastic bottles and aluminum ones.
- Water bottles made from stainless steel are suitable for daily hydration as the material does not generate or release harmful elements. In addition, a double-walled stainless steel structure with a good sealing lid is endowed with perfect insulation performance that is expected to keep hot or cold drink in its original form.
- Other than health benefits, stainless steel bottles also solve one the major problems which the world is facing - plastic pollution or 'excess us of plastic.' Over 300 million tons of plastic are produced every year, and at least 8 million tons ends up in the ocean every year. As per a study, by 2050 more plastic is expected in oceans than fish. All of this can be prevented by making a better choice - switching to a reusable bottle.
- Durability, sustainability, and availability in different sizes ranging from as small as 10oz up to 60oz and more will increase the demand for double walled stainless steel bottles in the global market.
Asia Pacific to Hold Major Share of the Global Double Walled Stainless Steel Bottle Market
- Asia Pacific is expected to hold a major share of the double walled stainless steel bottle market during the forecast period. Rising standard of living and increasing awareness about health and eco-friendly practices is expected to contribute significantly to the demand for double walled stainless steel bottles in the region during the forecast period.
- However, the market in North America is anticipated to expand at a rapid pace during the forecast period. An increase in the working population in the region is a major factor likely to drive the double walled stainless steel bottle market in North America during the forecast period.
Key Players Operating in the Global Market
Major players operating in the global double walled stainless steel bottle market include:
- Ariel Premium Supply, Inc.
- Dahl-Tech, Inc.
- Kinequip, Inc.
- PMF Industries, Inc.
- Shenzhen E-Yue Manufacturer Co., Ltd
- Tiger Corporation
- Wenzhou Shohay Import & Export Co. Ltd
- Zhejiang Haers Vacuum Containers Co. Ltd
Global Double Walled Stainless Steel Bottle Market: Research Scope
Global Double Walled Stainless Steel Bottle Market, by Type
- Wide Mouth Bottle
- Narrow Mouth Bottle
Global Double walled stainless steel bottle Market, by Capacity
- Less than 10 ounces
- 10 ounces to 30 ounces
- 30 ounces to 60 ounces
- More than 60 ounces
Global Double walled stainless steel bottle Market, by Price
- Less than US$ 1
- US$ 1 to US$ 3
- US$ 3 to US$ 6
- Above US$ 6
Global Double walled stainless steel bottle Market, by Distribution Channel
- E-commerce Websites
- Company Owned Websites
- Supermarket/ Hypermarket
- Speciality Stores
- Other Retail Stores
Global Double walled stainless steel bottle Market, by Region
- North America
- United States
- Rest of North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Rest of APAC
- South America
- Rest of South America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa