Biodegradable water bottles are a new alternative to environmentally-unfriendly one-use plastic bottles that is made from a plant-based, fully biodegradable and recyclable bioplastic. VeganBottle is a 100% biodegradable bottle made from sugar cane manufactured by a French packaging company, Lyspackaging. Also, biodegradable water bottles are gaining the popularity around the world due to the rising awareness pertaining to the benefits of biodegradable water bottles as well as increasing government support in terms of favorable policies, tax concessions, subsidies, etc.
MARKET DYNAMICS
The Biodegradable water bottles market has witnessed significant growth due to the rise in focus on minimizing the usage of single-use plastic. Moreover, consumer concerns pertaining to the climate change and desire to minimize their individual impact on the environment provides a huge market opportunity for the key players operating in the Biodegradable water bottles market. However, strict government regulations are projected to hamper the overall growth of the Biodegradable water bottles market in the forecast period.
MARKET SCOPE
The "Global Biodegradable Water Bottles Market Analysis to 2028" is a specialized and in-depth study of the Consumer Goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Biodegradable water bottles market with detailed market segmentation type, and geography. The global Biodegradable water bottles market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Biodegradable water bottles market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Biodegradable water bottles market is segmented on the basis of type. On the basis of type, the global Biodegradable water bottles market is divided into organic material [paper, sugarcane pulp, bamboo, and algae] and biodegradable plastic [polylactic acid {pla}, starch-based plastics, poly-butylene succinate [PBS].
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Biodegradable water bottles market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Biodegradable water bottles market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Biodegradable water bottles market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Biodegradable water bottles market in these regions.
MARKET PLAYERS
The reports cover key developments in the Biodegradable water bottles market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as material type launches, material type approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from Biodegradable water bottles market is anticipated to lucrative growth opportunities in the future with the rising demand for Biodegradable water bottles in the global market. Below mentioned is the list of few companies engaged in the Biodegradable water bottles market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Biodegradable water bottles market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Paper water bottle
- Choose Water
- Lyspackaging
- Raepack Ltd.
- Ecologic Brands Inc.
- Montana Private Reserve
- Cove
- Just Water
- Mitsubishi Chemicals (MCPP)
- TSL Plastics Ltd.
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