What Is The Current and Historic Market Size Analysis Of The Collapsible Water Bottle Market?
The collapsible water bottle market has seen considerable growth due to a variety of factors.
• The collapsible water bottle market has experienced significant growth in recent years. It will rise from $1.83 billion in 2024 to $1.96 billion in 2025, reflecting a CAGR of 7.1%.
This growth is driven by higher disposable incomes, a growing population, millennial demand for sustainable products, and the increasing need for portable and convenient solutions.
What are the Market Size and Expected Growth Rates for the Collapsible Water Bottle Market?
The collapsible water bottle market is expected to maintain its strong growth trajectory in upcoming years.
• The collapsible water bottle market is expected to grow strongly, reaching $2.55 billion by 2029, at a CAGR of 6.8%.
Growth is driven by demand for portability, high household income, influencer marketing, and outdoor activities. Trends include recent developments, product launches, technological innovations, eco-consciousness, and ultralight material innovations.
Which Key Drivers Are Propelling The Collapsible Water Bottle Market's Growth?
The rising number of working professionals is expected to drive the growth of the collapsible water bottle market. This trend is fueled by factors like population growth, technological advancements, and the need for skilled labor across various sectors. Collapsible water bottles offer portability and eco-friendliness, catering to the busy lifestyles of working professionals. For example, the Office for National Statistics reported a UK employment rate of 74.3% from February to April 2024, while the Australian Bureau of Statistics reported a rise in employment to over 14.3 million people by May 2024, indicating growing demand for products that support professional life.
What Are The Key Segments Within The Global 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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How Are New Trends Impacting The Size Of The Collapsible Water Bottle Market?
Companies in the collapsible water bottle market are creating portable and space-saving solutions like tempo squeeze bottles. In November 2023, HydroPak, a US-based manufacturer, launched its Tempo Squeeze Bottles at the Boston Run Show. These bottles have an ergonomic design and lightweight construction, making them easy to carry and use during training or racing events.
Who Are the Key Players In 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
What Are The Regional Insights Into The Collapsible Water Bottle Market?
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.
