According to a new market report published by Lucintel, the future of the European hydration bottle market looks promising with opportunities in the various outdoor activities such as camping, hiking, fitness, and travel. The European hydration bottle market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $1.7 billion by 2025 with a CAGR of 4% to 6% from 2020 to 2025. The major drivers for this market are 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.
Browse 32 market data tables and 45 figures spread through 105 pages and in-depth TOC on “European Hydration Bottle Market"
To download report brochure, please go to https://www.lucintel.com/european-hydration-bottle-market.aspx and click "report brochure" tab from the menu.
In this market, different types of hydration bottle such as plastic, stainless steel, glass, and others are used as material. Lucintel forecasts that plastic bottle will remain the largest segment and it is also expected to witness highest growth over the forecast period supported by its light weight, easy availability, lower cost, durability, and convenience.
Regular and insulated are the major product type of hydration bottle market. Lucintel predicts that the insulated water bottle is expected to witness the highest growth during the forecast period due to increasing consumer interests in sports and outdoor activities.
Emerging trends which have a direct impact on the dynamics of the European hydration bottle market include use of hydration bottle with smart lid and integrated hydration calculator to measure liquid intake, increasing demand for BPA-free water bottle which is 100% eco-friendly and recyclable, and refill-reuse bottle campaigns to reduce plastic wastage. BRITA GmbH, CamelBak Products, Tupperware, Sigg Switzerland, Thermos and others are among the major European hydration bottle manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the European hydration bottle market by material type, product type, sales channel, application, and price range and has come up with a comprehensive research report entitled “Growth Opportunities in the European Hydration Bottle Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the European hydration bottle market by material type, product type, sales channel, application, and price range as follows:
By Material Type [Value (€ Million), ($ Million) and Volume (Million Units) from 2014 to 2025]:
Plastic
Stainless Steel
Glass
Others
By Product Type [Value (€ Million), ($ Million) from 2014 to 2025]:
=By Sales Channel [Value (€ Million), ($ Million) from 2014 and 2025]:
By Application [Value (€ Million), ($ Million) from 2014 and 2025]:
Everyday
Sports and Outdoor Activities
Others
By Price Range [Market Share (%) in 2019]:
Low end range/ Good
Mid end range/ Better
High end range/ Best
By Region [Value ($ Million) and Volume (Million Units) from 2014 to 2025]:
Western Europe
Germany
The United Kingdom
France
Eastern Europe
This 105-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/european-hydration-bottle-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.