Sports Water Bottles Market Primed For Strong Growth Owing To Rising Health Consciousness Among Consumers

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Sports water bottles are one of the most essential gear for athletes, sports enthusiasts and active individuals. Sports water bottles are specially designed with leak-proof lids and BPA-free lightweight plastic or aluminum body to carry water during workout sessions, gymming, jogging, cycling and other physical activities.

The global sports water bottles market is estimated to be valued at US$ 5871.79 Mn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Key Trends:
Growth Accelerated by Increased Health Consciousness
One of the key trends driving the growth of the global sports water bottles market is the rising health consciousness among consumers, particularly the younger population. The focus on physical fitness and participation in sports has increased tremendously over the past few years. Additionally, growing awareness about importance of staying hydrated during workouts or physical activities has also boosted the demand for sports water bottles. Sports water bottles are easy to carry and have features like leak-proof lids and flexible straws that enable continuous sipping of water without stopping the physical activity. Owing to these advantages, sports water bottles are gaining immense popularity among fitness enthusiasts and sportspersons alike.


Segment Analysis
The global sports water bottles market is dominated by the plastic bottle sub-segment owing to its low cost and durability. Plastic bottles account for around 60% of the total market share as they can withstand impacts and last longer than other materials.

Key Takeaways
The Global Sports Water Bottles Market Trend is expected to witness high growth over the forecast period. Rapidly growing health consciousness along with rising outdoor fitness activities are the key factors driving the market. The global sports water bottles market is estimated to be valued at US$ 5871.79 Mn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030.

Regional analysis

North America currently dominates the global market and is expected to maintain its position over the next few years. This can be attributed to rising gym memberships and presence of major brands in the region. High disposable incomes have also fueled the demand for sophisticated water bottles in the North American market.

Key players related content

The key players operating in the sports water bottles market include Clasado Biosciences, VW-Ingredients, Shandong Longli Biotechnology Co., Ltd, Prenexus Health., Ingredion, Tata Chemicals Ltd., Yakult Honsha Co., Ltd., Tate & Lyle, Roquette Frêres, Cosucra, International Flavors & Fragrances Inc., Nestlé S.A., Renew Life, Mimi's Rock Corp, Procter & Gamble, AIDP, Hyperbiotics, Jarrow Formulas, Inc., InnovixLabs, Life Extension, Metabolic Maintenance, Naturesvelvet, and others prominent players. Each manufacturer is focusing on developing innovative products with improved functionality to gain a competitive advantage in the market. For instance, Clasado Biosciences recently launched a new smart water bottle that tracks water consumption through an app.

 

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