Water bottles with filters market 2023-2027; A descriptive analysis of the five forces model, market dynamics, and segmentation

NEW YORK, February 7, 2023 /PRNewswire/ — According to Technavio, the global market for bottled water with filters is expected to grow $266.01 million from 2022 to 2027. The market is estimated to grow at a CAGR of 14.79% over the forecast period. North America held the largest share of the global market in 2022, and the market in the region is expected to grow by 34%. For more insights into market size, request a sample report

Technavio has announced its latest market research report titled Global Water Bottles with Filters Market 2023-2027

Bottled Water With Filters Market – Five Forces
The global cloud data warehouse market is fragmented and the five forces analysis covers the following:

  • bargaining power of buyers

  • The threat of new entrants

  • threat of rivalry

  • bargaining power of suppliers

  • Threat by proxy

  • Porter’s interpretation of the five models helps in strategic planning for the company, for all the details – buy the report!

Water bottles with filter market – customer landscape

The report covers the adoption life cycle of the market, from the innovator phase to the laggard phase. It focuses on adoption rates in different regions based on penetration. Additionally, the report also includes key buying criteria and price sensitivity drivers to help companies evaluate and develop their growth strategies.

Bottled Water With Filters Market – Segmentation Assessment

Segment overview
Technavio classified the market by type (metal, plastic and other materials), distribution channel (offline and online) and geography (North America, EuropeAPAC, middle East And AfricaAnd South America).

  • The market growth will be significant in the metal segment during the forecast period. Metal water bottles with filter have great stability and strength, which makes them the perfect choice for customers. Growing demand for accessible products and increasing awareness of the importance of reducing plastic waste will drive segment growth.

Geography overview
The global bottled water market is segmented into: North America, EuropeAPAC, middle East And AfricaAnd South America. The report provides actionable insights and estimates each region’s contribution to the growth of the global Bottled Water Market.

The story goes on

  • North America will account for 34% of the market growth during the forecast period. Factors such as the launch of innovative products, increasing use of the online platform for purchasing durable household products, and increasing awareness and acceptance of water bottles with filters made of raw materials other than plastic such as steel and glass are driving the growth of the water bottles with filters market North America.

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Bottled Water Market – Market Dynamics

key factor in market growth

  • The market is driven by declining water quality leading to waterborne diseases.

  • Around 10% of the world’s population does not have access to clean drinking water, and the trend is rising.

  • Excessive use of water bodies for industrial and municipal waste disposal makes the water unsuitable for drinking.

  • This, coupled with the depletion of drinking water sources, is leading to an increase in the incidence of waterborne diseases such as cholera.

  • Growing health concerns are forcing consumers to choose bottled drinking water and water purifiers that provide clean, purified, bacteria-free, and safe drinking water.

  • Manufacturers of bottled drinking water and water purifiers are trying to capitalize on this demand by introducing bottled water with filters that meet standards set by governments and regulators.

Leading trends affecting the market

  • The introduction of self-cleaning water bottles is a key trend in the market.

  • Cleaning water bottles during outdoor adventure activities like camping raises several issues related to safe drinking water.

  • The water used to clean the bottles may be contaminated and allow bacteria to multiply in the bottle. So cleaning water bottles becomes another big task for campers.

  • To overcome such challenges, vendors in the market are introducing water bottles with filters that have a self-cleaning function.

  • For example, LARQ offers self-cleaning water bottles that use UV-C LED light to remove bio-contaminants from the water and bottle.

Major challenges hampering market growth

  • Strong preference for packaged mineral water is a major challenge hampering market growth.

  • Demand for packaged drinking water is high among consumers due to its easy availability and low price.

  • The presence of added minerals further encourages consumer preference for bottled drinking water.

  • In addition, beverage companies are actively investing in marketing activities and other promotional activities to raise awareness of the benefits of drinking bottled drinking water, which attracts a large number of customers.

  • These factors are increasing the preference for packaged drinking water, which is constraining the growth of the market in focus.

Drivers, trends and challenges are the factors of market dynamics that provide information about the consequences and sustainability of the company. Find some insights from a sample report!

What are the key data in this Filtered Water Bottles Market Report?

  • CAGR of the market during the forecast period

  • Detailed information on factors that will propel the growth of Bottled Water with Filter market from 2023 to 2027

  • Precisely estimate the size of the Filtered Water Bottles market size and its contribution to the market with a focus on the parent market

  • Accurate predictions about upcoming trends and changes in consumer behavior

  • Multi-industry growth of bottled water with filters market North America, EuropeAPAC, middle East And AfricaAnd South America

  • A thorough analysis of the competitive landscape of the market and detailed information about vendors

  • Comprehensive analysis of factors disrupting the growth of Bottled Water With Filters market vendors

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Bottled Water with Filter Market Scope

report coverage

details

page number

154

base year

2022

historical period

2017-2021

forecast period

2023-2027

Growth Dynamics & CAGR

Accelerate with a CAGR of 14.79%

Market growth 2023-2027

$266.01 million

market structure

fragmented

YoY growth 2022-2023 (%)

12.34

Regional Analysis

North America, Europe, APAC, Middle East & Africa and South America

make a market contribution

North America at 34%

key countries

USA, Canada, China, UK and France

competitive landscape

Leading Vendors, Vendor Market Positioning, Competitive Strategies, and Industry Risks

Important companies in profile

Aquamira Technologies Inc., Berkey Filters, Boll und Kirch Filterbau GmbH, Cascade Designs Inc., Clearbrook, GRAYL, Icon LifeSaver Ltd., Katadyn Products Inc., KOR Water Inc., LARQ Inc., NewAge Inc., O2Cool LLC, Sawyer Products Inc., Seychelle Environmental Technologies Inc., The Clorox Co., VESTERGAARD ​​SARL, Water to Go Ltd., WaterWell, Worldway Industrial Corp. and SurviMate

market dynamics

Root market analysis, market growth triggers and barriers, fast growing and slow growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics and market condition analysis for the forecast period.

customization area

If our report does not contain the data you are looking for, you can contact our analysts and have segments adjusted.

Table of contents:

1. Summary

2 market landscape

3 market size

4 Historical market size

5 Five Forces Analysis

6 Market Segmentation by Type

7 Market segmentation by distribution channel

8 customer landscape

9 Geographical Landscape

10 drivers, challenges and trends

11 provider landscape

12 Vendor Analysis

13 Appendix

About Us
Technavio is a leading global technology research and consulting firm. Her research and analysis focuses on trends in emerging markets and provides actionable insights that help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies and spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive reporting, extensive research and actionable market insights to identify opportunities in existing and potential markets and to assess their competitive position in changing market scenarios.

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Technavio Research
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Website: www.technavio.com/

Global Bottled Water Market Insights 2023-2027

Global Bottled Water Market Insights 2023-2027

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