US Hydration Bottle Market : Trends, Forecast, and Opportunity Analysis 1.

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Presentation transcript:

US Hydration Bottle Market : Trends, Forecast, and Opportunity Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by Material Plastic, stainless steel, glass, and others Market Segments by Product Regular and insulated Market Segments by Sales Channel Offline and online Top Companies Name Contigo (Newell Brands Inc.), Yeti Holding Inc., Camelbak, Bubba (Newell Brands Inc.), and Pacific Market International (Stanley and Aladdin) and others Trend Growth Rate and CAGR3.9% Key Industry Forecast The US hydration bottle market is expected to reach an estimated $2.5 billion by 2023, and it is forecast to grow at a CAGR of 3.9% from 2018 to 2023 Key Industry Driver Driver: Increasing popularity of outdoor activities, and promotional strategies by manufactures such as targeted marketing, product design, and giving more space on shelf by major retail brands. 2

Industry Overview Market Size The US hydration bottle market is expected to reach an estimated $2.5 billion by 2023, and it is forecast to grow at a CAGR of 3.9% from 2018 to Emerging trends which have a direct impact on the dynamics of the hydration bottle industry include increasing adoption of smart bottles with integrated hydration calculator, increasing use of glass and stainless steel bottles to reduce plastic waste, and increasing demand for vacuum insulated double walled water bottles. Market Size (2023)$2.5 billion CAGR ( )3.9% 3 Industry Performance : Forecast