What is the present valuation and projected CAGR of the collapsible water bottle market?
The collapsible water bottle market size has grown strongly in recent years. It will grow from $1.83 billion in 2024 to $1.96 billion in 2025 at a compound annual growth rate (CAGR) of 7.1%. 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 $2.55 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. 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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Which industry factors have accelerated the collapsible water bottle market’s expansion?
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.
What are the primary segments of the collapsible water bottle market?
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
Subsegments:
1) By Silicon: Food-Grade Silicone, BPA-Free Silicone, Eco-Friendly and Sustainable Silicone
2) By Plastic: Tritan Plastic, Polyethylene (PE), Polypropylene (PP), High-Density Polyethylene (HDPE), BPA-Free Plastic
3) By Other Material Types: Stainless Steel, Glass, Hybrid Materials, Aluminum
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Which firms are leading the collapsible water bottle market?
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
Which market trends are set to define the future of the collapsible water bottle market?
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.
Which geographic trends are shaping the collapsible water bottle market, and which region has the highest market share?
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.
What Does The Collapsible Water Bottle Market Report 2025 Offer?
The collapsible water bottle market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A collapsible water bottle is a reusable water container that can be collapsed or folded when empty, making it compact and convenient for travel or storage. These bottles are typically made from flexible materials, allowing them to be compressed to a smaller size when not in use. The purpose of collapsible water bottles is to provide a lightweight and space-saving alternative to traditional rigid water bottles, ideal for outdoor activities, travel, and daily hydration on the go.
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