Biodegradable Water Bottles Market
Biodegradable Water Bottles Market Size, Share and Trends Analysis Report, By Capacity (15 ml- 100 ml, 101 ml- 500 ml, and 501 ml- 1000 ml), By Material (Organic Material and Biodegradable Plastic), By Distribution Channel (Supermarkets and Online Stores), Forecast Period (2022-2028)
biodegradable water bottles market is expected to grow at a CAGR of 5.5% during the forecast period. The growth of the market is mainly driven by the rising environmental concerns, consumer preference toward sustainability and affordable price of the products, leading to higher growth of the global biodegradable water bottle market. Moreover, significant efforts toward reducing the carbon footprint along with minimizing the usage of plastics are expected to propel market growth. According to Beyond Plastic, the US plastic industry is responsible for 232 million tons of CO2e gas emissions per year, and nearly 42 plastic facilities have opened since 2019 in the US. The new plastic plants release an additional 55 million tons of greenhouse gas emissions. Moreover, the biodegradable water bottles are made up of plants such as bamboo, algae, sugarcane, pulp, and various other biodegradable plastic such as polylactic acid (PLA), starch-based plastic, and polyhydroxyalkanoates (PHA).
Some key players operating in the market are adopting various strategic initiatives such as partnerships, new product launches, and collaborations, to remain competitive in the market. For instance, in October 2020, Bacardi produced 100% biodegradable plastic packaging made with plant-based oil by 2023. In addition to launching these new bottles in 2023, the company has also committed to removing all non-essential single-use plastic in the next three years.
Segmental Outlook
The global biodegradable water bottles market is segmented based on capacity, material and distribution channel. Based on capacity, the market is bifurcated into 15 ml- 100 ml, 101 ml- 500 ml, and 501 ml- 1000 ml. Based on material, the market is segmented into organic material and biodegradable plastic. Based on distribution channel, the market is segmented into supermarkets and online stores. Based on capacity, the 15 ml-100 ml segment is expected to hold significant market share owing to its smaller size and rising demand for the small size water bottle among consumers. Moreover, the water bottle also retains its shape as long as it is filled with water; once it is finished it automatically decomposes on its own. Therefore, manufacturers are building small size water bottles as compared to other sizes.
Regional Outlook
The global biodegradable water bottles market is further segmented based on geography including North America (The US and Canada), Europe (Italy, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa and Latin America). The European biodegradable water bottles market growth is mainly driven by the presence of large e-commerce websites which provides plastic-free water bottle, along with the presence of key players, that offers recyclable, and 100% compostable bottle as an alternative to the plastic bottles. For instance, in May 2022, Cannondale is introducing a 100% compostable bottle as an alternative to the plastic bottles that are used in the World Tour peloton. By implementing sustainable solutions and biodegradable materials, Cannondale aims to replace what are often single-use, toss-away bottles. Cannondale declared that it will launch this bottle innovation during the entire 2023 World Tour season.
Global Biodegradable Water Bottles Market Growth, by Region 2021-2028
Asia-Pacific to Witness Fastest Growth in the Market During the Forecast Period
Asia-Pacific region is expected to witness the fastest growth in the market during the forecast period. The growth in the region is driven owing to the presence of key market players that are gaining popularity by providing substitutes for plastic bottles, coupled with rising environmental concerns to reduce plastic waste are the primary factor boosting the market growth. For instance, in June 2021, Kagzi Bottles, a company based in Noida, India, produced a 100% compostable paper bottle and claimed it to be the first of its kind in India. These bottles have a thin inner layer of plastic to provide a moisture barrier and resistance to other environmental factors, thus making the bottles not entirely free of plastic. These bottles replace plastic as a packaging material in the future.
Market Players Outlook
The major companies operating in the global biodegradable water bottles include Biopac, Coca-Cola Co., and Choose Water Ltd., among others. The market players are contributing significantly to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, and new product launches, to stay competitive in the market. For instance, in February 2021, Coca-Cola introduced a new bottle made from 100% recycled plastic material in its portfolio. The bottle reduces the use of plastic by more than 20% compared to 2018. The new packaging product has rolled out in the first half of the year in selected states for brands including Coca-Cola, Diet Coke, Coke Zero Sugar, Coca-Cola flavors, Fanta, Sprite, and Dasani.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global biodegradable water bottles market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Recovery Scenario of Global Biodegradable Water Bottles Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight and Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Company
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Biodegradable Water Bottles Market by Capacity
4.1.1. 15 ml- 100 ml
4.1.2. 101 ml- 500 ml
4.1.3. 501 ml- 1000 ml
4.2. Global Biodegradable Water Bottles Market by Material
4.2.1. Organic
4.2.2. Biodegradable Plastic
4.3. Global Biodegradable Water Bottles Market by by Distribution Channel
4.3.1. Supermarkets
4.3.2. Online Stores
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. 24Bottles Società Benefit S.r.l. P.IVA
6.2. Biopac
6.3. Chlorophyll Water
6.4. Choose Water Ltd.
6.5. Coca-Cola Co.
6.6. Cove
6.7. Ecologic
6.8. Kagzi Water Bottle
6.9. Mitsubishi Chemical Advanced Materials AG
6.10. Montana Private Reserve
6.11. Ocean Bottle
6.12. Paper Water Bottle
6.13. PLAbottles.eu
6.14. RePack Group Ltd.
6.15. Shanghai COPAK Industry Co., Ltd.
6.16. TSL Plastics Ltd.
6.17. UrthPact
1. GLOBAL BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY CAPACITY, 2021-2028 ($ MILLION)
2. GLOBAL BIODEGRADABLE WATER BOTTLES IN 15 ML-100 ML MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL BIODEGRADABLE WATER BOTTLES IN 101 ML-500 ML MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL BIODEGRADABLE WATER BOTTLES IN 501 ML-1000 ML MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
6. GLOBAL ORGANIC MATERIAL FOR BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL PLASTIC MATERIAL FOR BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
9. GLOBAL BIODEGRADABLE WATER BOTTLES FROM SUPERMARKETS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL BIODEGRADABLE WATER BOTTLES FROM ONLINE STORES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. NORTH AMERICAN BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY CAPACITY, 2021-2028 ($ MILLION)
14. NORTH AMERICAN BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
15. NORTH AMERICAN BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
16. EUROPEAN BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. EUROPEAN BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY CAPACITY, 2021-2028 ($ MILLION)
18. EUROPEAN BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
19. EUROPEAN BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY CAPACITY 2021-2028 ($ MILLION)
22. ASIA-PACIFIC BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY DISTRIBTUION CHANNEL, 2021-2028 ($ MILLION)
24. REST OF THE WORLD BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
25. REST OF THE WORLD BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY CAPACITY, 2021-2028 ($ MILLION)
26. REST OF THE WORLD BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
27. REST OF THE WORLD BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
1. GLOBAL BIODEGRADABLE WATER BOTTLES MARKET SHARE BY CAPACITY, 2021 VS 2028 (%)
2. GLOBAL BIODEGRADABLE WATER BOTTLES IN 15 ML-100 ML MARKET RESEARCH AND ANALYSIS BY REGION, 2021 VS 2028 (%)
3. GLOBAL BIODEGRADABLE WATER BOTTLES IN 101 ML-500 ML MARKET RESEARCH AND ANALYSIS BY REGION, 2021 VS 2028 (%)
4. GLOBAL BIODEGRADABLE WATER BOTTLES IN 501 ML-1000 ML MARKET RESEARCH AND ANALYSIS BY REGION, 2021 VS 2028 (%)
5. GLOBAL BIODEGRADABLE WATER BOTTLES MARKET SHARE BY MATERIAL, 2021 VS 2028 (%)
6. GLOBAL ORGANIC MATERIAL FOR BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021 VS 2028 (%)
7. GLOBAL PLASTIC MATERIAL FOR BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021 VS 2028 (%)
8. GLOBAL BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
9. GLOBAL BIODEGRADABLE WATER BOTTLES FROM SUPERMARKETS MARKET RESEARCH AND ANALYSIS BY REGION, 2021 VS 2028 (%)
10. GLOBAL BIODEGRADABLE WATER BOTTLES FROM ONLINE STORES MARKET RESEARCH AND ANALYSIS BY REGION, 2021 VS 2028 (%)
11. GLOBAL BIODEGRADABLE WATER BOTTLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021 VS 2028 (%)
12. US BIODEGRADABLE WATER BOTTLES MARKET SIZE, 2021-2028 ($ MILLION)
13. CANADA BIODEGRADABLE WATER BOTTLES MARKET SIZE, 2021-2028 ($ MILLION)
14. UK BIODEGRADABLE WATER BOTTLES MARKET SIZE, 2021-2028 ($ MILLION)
15. GERMANY BIODEGRADABLE WATER BOTTLES MARKET SIZE, 2021-2028 ($ MILLION)
16. SPAIN BIODEGRADABLE WATER BOTTLES MARKET SIZE, 2021-2028 ($ MILLION)
17. FRANCE BIODEGRADABLE WATER BOTTLES MARKET SIZE, 2021-2028 ($ MILLION)
18. ITALY BIODEGRADABLE WATER BOTTLES MARKET SIZE, 2021-2028 ($ MILLION)
19. REST OF EUROPE BIODEGRADABLE WATER BOTTLES MARKET SIZE, 2021-2028 ($ MILLION)
20. INDIA BIODEGRADABLE WATER BOTTLES MARKET SIZE, 2021-2028 ($ MILLION)
21. CHINA BIODEGRADABLE WATER BOTTLES MARKET SIZE, 2021-2028 ($ MILLION)
22. JAPAN BIODEGRADABLE WATER BOTTLES MARKET SIZE, 2021-2028 ($ MILLION)
23. REST OF ASIA-PACIFIC BIODEGRADABLE WATER BOTTLES MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF WORLD BIODEGRADABLE WATER BOTTLES MARKET SIZE, 2021-2028 ($ MILLION)
