Market Size –
The collapsible water bottle market size has grown strongly in recent years. It will grow from $1.72 billion in 2023 to $1.83 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to an increase in per capita disposable income, vast population, growing demands from millennials seeking sustainable options, and increasing demand for portability and convenience.
The collapsible water bottle market size is expected to see strong growth in the next few years. It will grow to $2.39 billion in 2028 at a compound annual growth rate (CAGR) of 6.9.% The growth in the forecast period can be attributed to increasing demand for portability and convenience, high household income, influence of social media and influencer marketing, and increasing outdoor and sports activities. Major trends in the forecast period include new recent developments, product approvals, product launches, technological innovations, increasing eco-consciousness, and innovations in ultralight materials.
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Scope Of Collapsible Water Bottle Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Collapsible Water Bottle Market Overview
Market Drivers –
The increasing number of working professionals is expected to propel the growth of the collapsible water bottle market going forward. The number of working professionals is rising due to factors such as population growth, increasing demand for skilled labor in various industries, technological advancements creating new job opportunities, and shifts towards knowledge-based economies emphasizing education and professional skills. Collapsible water bottles provide convenience and sustainability to working professionals by offering a portable and eco-friendly hydration solution that adapts to their on-the-go lifestyle. For instance, in June 2024, according to the Office for National Statistics, a UK-based national statistical institute, the employment rate in the UK from February to April 2024 stood at 74.3%. Furthermore, in May 2024, according to the Australian Bureau of Statistics, an Australia-based government agency, the employment rate increased to 14,355,100 people. Therefore, the increasing number of working professionals is driving the growth of the collapsible water bottle market.
Market Trends –
Major companies operating in the collapsible water bottle market are developing innovative products such as tempo squeeze bottles to address the increasing demand for portable, space-saving hydration solutions. Tempo squeeze bottles are typically plastic containers designed with a flexible body that allows users to easily squeeze out the contents, such as condiments or sauces, making them convenient for food service and on-the-go use. For instance, in November 2023, HydroPak, a US-based company that manufactures collapsible bottles, launched its new collection of Tempo Squeeze Bottles at the Boston Run Show. The Tempo bottles feature an ergonomic shape that fits comfortably in the hand, making them easy to grip and squeeze. The durable, lightweight construction ensures the bottles can withstand the demands of training and racing.
The collapsible water bottle market covered in this report is segmented –
1) By Material Type: Silicon, Plastic, Other Material Types
2) By Capacity: 250-500 ML, 500-750 ML, 750-1000 ML, 1 Liter And Above
3) By Application: Hypermarket, Supermarkets, Online Stores, Other Applications
4) By End User: Everyday, Sports, Institutional, Office, Educational, Recreation, Other End Users
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Regional Insights –
North America was the largest region in the collapsible water bottle market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the collapsible water bottle market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the collapsible water bottle market are Salomon SAS, Cascade Designs Inc., Lollicup USA Inc., Zoku LLC, Nalgene, Dexas International Ltd., Liquid Bottles LLC, Stojo Products Inc., GSI Outdoors Inc., Nomader LLC, Vapur Inc., Hydrapak LLC, Hydaway LLC, Que Bottle LLC, Bubi Bottle LLC, Memobottle Inc., Dafi LLC, Tap Water Co., Ultraspire Inc, Cnoc Outdoors
Table of Contents
1. Executive Summary
2. Collapsible Water Bottle Market Characteristics
3. Collapsible Water Bottle Market Trends And Strategies
4. Collapsible Water Bottle Market – Macro Economic Scenario
5. Global Collapsible Water Bottle Market Size and Growth
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31. Collapsible Water Bottle Market Other Major And Innovative Companies
32. Global Collapsible Water Bottle Market Competitive Benchmarking
33. Global Collapsible Water Bottle Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Collapsible Water Bottle Market
35. Collapsible Water Bottle Market Future Outlook and Potential Analysis
36.Appendix
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