Latin America Reusable Water Bottle Market Size & Outlook
Latin America reusable water bottle market, 2018-2030 (US$M)
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Latin America reusable water bottle market highlights
- The Latin America reusable water bottle market generated a revenue of USD 585.7 million in 2022.
- The market is expected to grow at a CAGR of 3% from 2023 to 2030.
- In terms of segment, supermarkets & hypermarkets was the largest revenue generating distribution channel in 2022.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2022 | USD 585.7 million |
| Market revenue in 2030 | USD 742.7 million |
| Growth rate | 3% (CAGR from 2022 to 2030) |
| Largest segment | Supermarkets & hypermarkets |
| Fastest growing segment | Online |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Speciality Stores, Convenience Stores, Supermarkets & Hypermarkets, Online |
| Key market players worldwide | Tupperware Brands Corp, Vista Outdoor Inc, A.O. Smith Corp, Thermo Fisher Scientific Inc, SIGG, Klean Kanteen, Contigo, HYDAWAY, S'well |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.6% of the global reusable water bottle market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,196.0 million by 2030.
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Reusable Water Bottle Market Scope
Reusable Water Bottle Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America reusable water bottle market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to reusable water bottle market will help companies and investors design strategic landscapes.
Supermarkets & hypermarkets was the largest segment with a revenue share of 40.98% in 2022. Horizon Databook has segmented the Latin America reusable water bottle market based on speciality stores, convenience stores, supermarkets & hypermarkets, online covering the revenue growth of each sub-segment from 2018 to 2030.
The rising demand for refillable water bottles across Brazil is accelerating market growth. For instance, in March 2022, according to Plastic Soup Foundation, the rapid introduction of the refillable bottle is an exceptionally good way to reduce plastic soup.
The growing awareness regarding the harmful environmental effects of non-disposable and single-use plastic bottles, as well as a significant increase in plastic waste in oceans and landfills, is prompting the use of stainless steel water bottles in the country.
As per water.org more than more than 4 million people in Brazil and 3 million in Peru lack access to safe water, thereby propelling the demand for packaged water bottles, most of which are made from single-use plastic.
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Our clientele includes a mix of reusable water bottle market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America reusable water bottle market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America reusable water bottle market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America reusable water bottle market
Latin America Reusable Water Bottle Market Outlook Share, 2022 & 2030 (US$M)
Latin America reusable water bottle market
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