Collapsible Water Bottle Market Size, Share, CAGR & Forecast Report for 2032
The global collapsible water bottle market is on an upward trajectory, with an expected value of US$1,897.3 million by the end of 2022. Looking ahead to the forecast period from 2022 to 2032, the market is projected to exhibit a robust Compound Annual Growth Rate (CAGR) of 6.5%, reaching an estimated value of US$3,567.1 million. In the historical period from 2016 to 2021, the industry showed steady growth, with a value CAGR of 4.3%.
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This market’s growth can be attributed to a significant shift in product manufacturing and packaging, focusing on enhancing customer convenience. Collapsible water bottles, designed for efficient water storage and portability through folding when empty, are gaining popularity due to their adaptability. As a result, the collapsible water bottle market is poised for substantial expansion between 2022 and 2032.
Key Points:
- Global collapsible water bottle market expected to reach $1,897.3 million by the end of 2022.
2. Projected CAGR of 6.5% from 2022 to 2032, reaching an estimated value of $3,567.1 million.
3. Market showed a steady growth with a 4.3% value CAGR during 2016-2021.
4. Shift in product manufacturing and packaging is driving market growth.
5. Collapsible water bottles, known for portability and adaptability, are set for significant expansion between 2022 and 2032.
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Key Segmentation:
By Material Type:
- HDPE
- LDPE
- PVC
- PP
- Other Collapsible Water Bottle Material Types
By Capacity:
- 250-500 ml
- 500-750 ml
- 750-1000 ml
- 1 litre & above
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
