Global Insulated Water Bottles Market: Snapshot

Changing preferences of consumers for choice of drinking bottles are boosting demand for insulated water bottles. Growing consciousness about health and hygiene has propelled the use of insulated water bottles for storing boiled water. In addition, consumers are opting to use the insulated water bottles for carrying the beverages or juices during trips, treks, and during long journey. This rising demand is boosting growth of the global insulated water bottles market. However, some studies are claiming the toxicity of such materials has inhibit the developments in global insulated water bottle market.

global insulated water bottles market

According to the report by TMR, the global market for insulated water bottles market is anticipated to expand at a CAGR of around 4.8% from 2017 to 2025 to attain value of US$4.1 bn by the end of forecast period.

Rise in Demand for Insulated Bottles for Everyday Use to be Beneficial for Growth

On the basis of Primary Usage, the global insulated water bottles market is segmented in to everyday, sports, travel and others. Of these, everyday segment is dominating the global market as the bottles are mostly used for the everyday water drinking purpose. The segment is expected to remain dominant over the forecast period and account for revenue of US$1.8 bn. 

On the basis of Product Type, the global insulated water bottles market is segmented in to fine mouth, big mouth, mugs, and tumblers. Of these, mugs segment is dominating the global market for insulated water bottles. The higher demand for the insulated water bottles are increasing; thus, the segment is expected to account for the 36.0% shares of the global market over the forecast period. Also, the demand for fine mouth and big mouth bottle is expected to gain substantial share in the global insulated water bottles market.

On the basis of material type, the market is segmented in to plastic, metal, glass and silicone. Of these, metal bottles segment is dominating the global market for insulated water bottles owing to high demand for stainless steel bottles. However, the demand for silicon-bottle is growing. Thanks to this demand, the market is expected to be worth of the value US$1.5 bn over the forecast period. 

Presence of Numerous Key Players in Asia Pacific to Bolster Market Growth

On the basis of region, the global insulated water bottles market is segmented into North America, Europe, Asia Pacific, Latin America, and Rest of the World. Of these, Asia Pacific except Japan is dominating the global insulated water bottles market and expected to continue over the forecast period. This growth is attributable to the cheap and abundant labor in the countries such as India and China makes them ideal for large scale cost-effectiveness production. Additionally, availability of the raw material in low cost is bolstering growth of the insulated water bottles market.

Key players operating in the insulated water bottles market include Thermos, Ice Shaker, Geysa, 321 Strong, and Fnova. These key players are facing competition in order to differ from other companies. These companies are increasingly focusing on the adoption of better quality of the material and innovative material, shapes, sizes, capacities, and functionalities. Additionally, these companies are entering in to strategic partnerships, mergers, and acquisitions for business expansion and improvement in product portfolio.

Global Insulated Water Bottles Market: Holistic Outlook

Increasing incidence of waterborne diseases, coupled with a growing consciousness on consumption hygiene, has driven the demand for insulated water bottles among consumers. Insulating properties of different materials such as stainless steel are being investigated to test their applicability in the production of insulated water bottles. New insulators are being developed to eliminate the chances of heat transfer even in existing insulated water bottles. Manufacturers are investing in in-depth research on determining the efficiency of different materials with respect to thermal energy conduction. In the global market for insulated water bottles, product development remains at the cusp of growing knowledge on technologies that can allow consumers to safely reuse the heat from insulated water bottles. In the approaching years, the global market for insulated water bottles will witness a growing adoption of insulators that can accelerate the transfer of heat on a requirements basis. 

Transparency Market Research has developed an exclusive forecast study on the global insulated water bottles market, which offers key insights on how the demand for insulated water bottles will evolve over the period, 2017-2026. The report offers qualitative information on the expansion of the insulated water bottles market across multiple regions for the assessed forecast period. A collaborative research approach has been employed to develop this study, involving a constant dialogue with industry leaders, market players and opinion makers. By using tested and proven statistical methods for market size forecasting, findings from the report precisely reflect the latest market trends and put forth a self-explanatory roadmap on how the insulated water bottles market will evolve in the foreseeable future.

Market Segmentation and Industry Analysis

Each essential element associated with the production, use and application of insulated water bottles has been identified and studied in this report. Information from authentic trade surveys and industry knowledge databases has been procured, aggregated and repurposed for improving the accuracy of the forecast on global insulated water bottles market. From supply chain characteristics to feasibility of different materials as insulators, the report has widely captured the manufacturing concerns pertaining to insulated water bottles. This data has been substantiated and the market trends have been explained to understand the impact of subjective undercurrents on the overall market growth.

Key chapters in this report provide segmental analysis on the expansion of the global insulated water bottles market. The report has comprehensively analyzed the global insulated water bottles market on the basis of product type, material type, primary usage, sales channel and region.

Region

Product Type

Primary Usage

Sales Channel

Material Type

North America

Fine Mouth

Everyday

Modern Trade

Plastic

Latin America

Big Mouth

Sports

Departmental Store

Metal

Europe

Mugs

Travel

Online Stores

Glass

Japan

Tumblers

Others

Other Sales Channel

Silicone

APEJ

 

 

 

 

MEA

 

 

 

 

Our in-country analyst network has managed to offer forecasts on regional and country-specific insulated water bottles market. The report also provides cross-segmental analysis and forecast on the insulated water bottles market, wherein key presumptive scenarios have been revealed.

Comprehensive Assessment of Market Competition

Key manufacturers of insulated water bottles operating in the global market have been profiled in the report. Current market standings and latest strategic developments have been detailed in a section that reveals volumes of data on competitor analysis. Leading manufacturing trends, production challenges, value chain restructuring and several other aspects have been analyzed in this section. By assessing the information provided on global insulated water bottles competition landscape, market players can develop informed strategies that can enable them attain high-value business growth during the forecast period.

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