Global Sports Bottle Market: Overview
The global sports bottle market is anticipated to be one of the most lucrative products and estimated to grow at a significant rate during the forecast period 2019-2025. Bottles are a part of consumer’s daily lives, especially who go on outdoors for various activities like sports, travel, work purposes, and others. Owing to the increasing participation in sports, growing consumer interest in health and fitness activities and the rising participation in health clubs are the major factors which are driving the sale of sports bottle across the globe. Increasing fitness enthusiasts have resulted in an increased demand in the fitness and exercise accessories industry thereby sports bottles being one of the essential accessories have witnessed significant growth in the bottle market. Sports bottles are durable, convenient, safe and reliable. Sports like football and baseball remained the most admired sports globally, with the growing sports events market, the participation level in sports is increasing further. Bottle manufacturers have also contributed to the increasing demand for sports bottles market by designing innovating and attractive sport bottles designs that create a purchase desire among the consumers.
Moreover, the increasing environmental awareness is additionally influencing the demand for reusable water bottles. To cater to the growing demand, the vendors are also focusing on providing eco-friendly and sustainable sports water bottles, which is projected to boost the sports bottle market.
Global Sports Bottle Market: Type of Material Analysis
On the basis type of material, the global sports bottle market is divided into Stainless Steel, Plastic, Aluminum and Glass. As people are engaging in sports and related activities, the consumers look for bottled water to keep themselves hydrated during their exercises. Manufacturers and consumers increasingly prefer plastic sports bottle owing to characteristics like lightweight and offer crystal-clear visibility. Additionally, manufacturers can easily mold the bottles into various shapes and add handles and measurement marks into the bottles. Stainless steel bottles are generally used in hiking, provide a safe option for travelers due to the insulating properties of stainless steel. Aluminum offers durability to sports bottles. However, its use is less compared with other materials because it can result in wear and tear. Moreover, the shipment cost of plastic sports bottles is relatively less. Such benefits will fuel the growth of the sports water bottle market over the forecast period.
Global Sports Bottle Market: Distribution Channel Analysis
Based on Distribution Channel, the sports bottle market is bifurcated into an online channel and offline channel. The retail store’s channel is witnessing high growth. Convenience stores represent the largest segment followed by supermarkets and hypermarkets owing to the Increasing fitness enthusiasts, rising focus on sustainability and increasing urbanization are boosting the sports bottle market. The growth of this phase is mainly due to the changing lifestyle wherein consumers desire to purchase household need items under one roof that helps save time. Hyper/supermarkets are also most popular among consumers as they offer promotions and discounts from time to time. Apart from normal stores e-commerce is the next big sector. The growing online sales of bottles, increasing demand for premium products and westernization tend is the key driver for the market.
Global Sports Bottle Market: Regional Insights
Geographically, the Global sports bottle market is analyzed across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America accounted for the maximum market share followed by Europe and projected to dominate the overall sports bottle market over the forecast period. Owing to the rising health consciousness and the growth in disposable income will also contribute to the growth of the sports water bottle market. Consumers are joining fitness clubs or perform indoor and outdoor activities thereby impacting the demand for fitness accessories market, sports bottles being one of the main accessories. Asia-Pacific is projected to be the fastest growing market with a significant CAGR throughout the forecast period. Owing to the growing population and their concern about health fitness, increasing youth population are expected to stimulate the growth of fitness clubs in India thereby increasing the demand for sports bottles market.
Objective of the Study:
To analyze and forecast market size of the
Global Sports Bottle market, in terms of value & volume.
To examine the careful market segmentation and
forecast the market size, in terms value, on the basis of region by segmenting
sports bottle market into five regions, namely, North America, Europe, Asia
Pacific, Middle East and their leading countries.
To outline, categorized and forecast the global
sports bottle market on the basis of type of material, and distribution
To examine competitive developments like
expansions, technological advancement, services, and regulative framework
within the global sports bottle market.
To highlight the impact analysis of the factors,
affecting the market dynamics such as drivers, restraints, opportunities, and
To strategically profile the key players and
comprehensively analyze their market shares along with detailing the
competitive landscape for market leaders.
Global Sports Bottle Market Competitive Landscape
Companies such as Nike, Adidas AG, Puma SE, Milton, Shantou Zhisheng Plastics Co. Ltd., Tupperware, Thermos, Pacific Market International (PMI), Lock & Lock, CAMELBAK, Haers, SIGG, Klean Kanteen, and Polar Bottle are the leading player in global sports bottle market.
Key Target Audience:
Market research and consulting firms
Global sports bottle manufacturers
Research organizations and consulting companies
Organizations, associations and alliances
related to sports bottle market
Scope of the Report
By Type of Material
By Distribution Channel
In addition, the report provides analysis of the sports bottle market with respect to the following geographic segments and their high performing regions:
Asia Pacific (APAC)
Business Questions answer by the report
How will the market drivers, restraints and
opportunities affect the market dynamics?
What will be the market size in terms of value
and volume and market statistics with detailed classification
Which segment dominates the market or region and
one will be the fastest growing and why?
A comprehensive survey of the competitive
landscape and the market participant players
Analysis of strategy adopted by the key player
and their impact on other players.
Customization Scope for the Client
Client satisfaction is our first and last priority. And that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:
Additional Company Information
With five additional company detail analysis.
Additional country analysis.
Detailed segment analysis.