U.S. Reusable Water Bottle Market Size, Share & Trends Analysis Report By Type (Stainless Steel, Plastic), By Distribution Channel (Supermarkets & Hypermarkets, Online), And Segment Forecasts, 2023 - 2030

U.S. Reusable Water Bottle Market Size, Share & Trends Analysis Report By Type (Stainless Steel, Plastic), By Distribution Channel (Supermarkets & Hypermarkets, Online), And Segment Forecasts, 2023 - 2030

U.S. Reusable Water Bottle Market Growth & Trends

The U.S. reusable water bottle market size is expected to reach USD 2.68 billion by 2030, expanding at a 4.4% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc.Consumers are turning away from bottled water as a result of growing knowledge of the extent of global plastic pollution, which is boosting demand for reusable water bottles. Additionally, it is anticipated that the adoption of a healthier lifestyle by consumers in line with the strong demand to always stay hydrated will increase the product's sales during the forecast era.

Reusable water bottles are becoming more popular among consumers everywhere, especially in homes, offices, and classrooms. These reusable bottles reduce the amount of plastic that ends up in landfills, which is primarily responsible for contaminating groundwater. Consumers are encouraged to use reusable water bottles due to increasing awareness of the negative environmental effects of non-disposable and single-use plastic bottles. The significant rise in the amount of plastic waste in oceans and landfills is expected to drive this growth further.

A rise in consumers’ disposable income has increased their ability and affordability to prefer luxurious amenities and services. Stainless steel water bottles are expensive as opposed to plastic water bottles, but are safer and have minimal impact on the environment. Due to the affordability and preference for safer alternatives of the middle-income population, demand for stainless steel water bottles is likely to increase, which will fuel market growth.

Customers frequently are opting for reusable stainless steel water bottles because of their ability to regulate temperature. The metal is designed to maintain the hot and cold temperature of the stored beverage, depending on consumer preferences. Customers continue to exhibit a positive preference for the insulated bottle design, which serves to keep the water at a consistent temperature. The FDA's affirmation of the safety of stainless steel, along with favorable customer feedback continues to encourage manufacturers to release new varieties of the products.

Leading companies in the world market offer engraved logos, a variety of colors, and various types of lids for newly designed water bottles. For instance, in its CASETiFY CONSCiOUS product series, CASETiFY introduced a variety of customizable stainless-steel water bottles in February 2021. The recently released item was offered in a variety of hues, including sand, black, dirty peach, azure, sky, and olive. Each unique bottle is made using proprietary Hydrafy technology and professional-grade stainless steel with matte coatings to prevent scratches.

U.S. Reusable Water Bottle Market Report Highlights

• The plastic segment dominated the market in 2022 because it is widely available, and producers can manufacture it at a cheap cost. Consumer interest in using reusable water bottles has also grown due to the plastic bottles' longer lifespan, which is fostering the segment's expansion
• The online distribution channel is set to grow at the fastest rate during the forecast period. Increased e-commerce and smart device adoption, along with simple payment methods and promotional deals, are driving the segment’s expansion. Additionally, the simplicity of offering reusable bottles through custom logo printing has led many producers to choose this method of distribution
• Players are boosting their profit margins by outsourcing the manufacturing process to nations that offer cheap labor, government benefits for establishing factories, and simple product transportation to markets. For instance, the American firm Klean Kanteen has factories in China that produce its products after designing them in Chico, California

Please note The report will be delivered in 3-8 business days upon order notification.