Sports water bottles market is estimated to be valued at USD 6.21 Bn in 2024 and is expected to reach USD 8.31 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 6.21 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
4.20% |
2031 Value Projection: |
US$ 8.31 Bn |
Figure. Sports Water Bottles Marke Share (%), By Region 2024
Sports water bottles have become increasingly popular for staying hydrated on the go or during intense physical activities like workouts or sports. Made from durable materials like stainless steel or tritan plastic, sports water bottles are designed to withstand heavy use and occasional drops without breaking or leaking. They come in an array of sizes from 500 ml to 1 liter or more to quench thirst during prolonged exercise. Many feature wide mouths for fast filling and cleaning. Insulating sleeves and splash-proof lids help keep liquids at a comfortable temperature. Motivational graphics and different color options enable users to customize their bottle to suit their personality or team allegiance. Overall, the demand for high-performing, versatile hydration solutions has fueled strong growth in the global sports water bottles market in recent years.
Market Dynamics:
Global sports water bottles market is driven by rising health consciousness and the growing popularity of outdoor recreational activities and sports. However, availability of low-cost alternatives like disposable plastic bottles poses a threat to market growth. Opportunities lie in innovative product designs catering to specific sports. For example, squash water bottles come with extra-long spouts for easy drinking without removing protective eyewear. Manufacturers are also exploring more sustainable materials. The introduction of bottles made from plant-based plastics can boost sales if they offer performance parity with traditional options at competitive prices. Growing environmental concerns also restrain usage of single-use plastic bottles, benefiting reusable sports bottles. However, availability of cheaper alternatives could hinder market potential. Opportunities lie in focusing on specialized models for kids, customized monogramming and bottles with built-in filters. Temperature retention and integration of tracking features may attract new customers.
Key Features of the Study:
- This report provides in-depth analysis of the global sports water bottles market and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global sports water bottles market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Nike, Adidas AG, Borosil, Milton, H2O International SA, Shanghai Atlantis Industry Co. Ltd, SIGG Switzerland Bottles AG, Decathlon S.A, Puma SE, Camlin Kokuyo, Thermos, Shinetime, Lock&Lock, Tupperware, CamelBak, Zojirushi, Haers, Nanlong, and Klean Kanteen
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global sports water bottles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global sports water bottles market
Market Segmentation
- Material Type Insights (Revenue, USD, 2019 - 2031)
- Plastic
- Stainless Steel
- Silicon
- Aluminium
- Others
- Capacity Insights (Revenue, USD, 2019 - 2031)
- 600ml-650ml
- 700ml-750ml
- Above-750ml
- Distribution Channel Insights (Revenue, USD, 2019 - 2031)
- Hypermarkets/Supermarkets
- Convenience Stores
- Grocery Stores
- E-Commerce websites
- Others
- Regional Insights (Revenue, USD, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Nike
- Adidas AG
- Borosil
- Milton
- H2O International SA
- Shanghai Atlantis Industry Co. Ltd
- SIGG Switzerland Bottles AG
- Decathlon S.A
- Puma SE
- Camlin Kokuyo
- Thermos
- Shinetime
- Lock&Lock
- Tupperware
- CamelBak
- Zojirushi
- Haers
- Nanlong
- Klean Kanteen