The eco-friendly bottle market is expected to be valued at USD 184.7 million in 2024. The market is expected to rise at a CAGR of 7.2% from 2024 to 2034. By the end of the forecast period, the eco-friendly bottle industry value is slated to hit USD 370.2 million.
Attributes | Details |
---|---|
Eco-friendly Bottle Market Value, 2024 | USD 184.7 million |
Projected Market Value, 2034 | USD 370.2 million |
Value-based CAGR, 2024 to 2034 | 7.2% |
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Paper is the topmost material used in the manufacture of eco-friendly bottles. Eco-friendly bottles are predominantly used to store water.
The demand for paper is expected to account for 43.2% of the market share by material in 2024. Factors driving the growth of the paper in the market for eco-friendly bottles are:
Attributes | Details |
---|---|
Top Material | Paper |
Market Share (2024) | 43.2% |
The water industry is anticipated to account for 62.1% of the market share in 2024. Some of the factors for the growth of the segment are:
Attributes | Details |
---|---|
Top End-Use Industry | Water |
Market Share (2024) | 62.1% |
The Asia Pacific is set to be an intensely lucrative region for the eco-friendly bottle industry. The growing population of the region is a key factor in the market’s acceleration in the region.
The obsession with innovative packaging is leading the market in Europe. The rise in sustainability standards imposed by the European Union is also motivating bottle manufacturers to produce eco-friendly versions of their products.
Countries | CAGR (2024 to 2034) |
---|---|
France | 6.8% |
India | 8.7% |
China | 7.9% |
Thailand | 7.5% |
South Korea | 7.1% |
The market in India is anticipated to register a CAGR of 8.7% over the forecast period. Some of the factors driving the growth of the market in the country are:
The market in South Korea is set to rise at a CAGR of 7.1% over the forecast period. Prominent factors driving the growth of the market are:
The market in China is expected to register a CAGR of 7.9% through 2034. Some of the factors driving the growth of the market in China are:
The market in Thailand is set to progress at a CAGR of 7.5% through 2034. The factors influencing the growth of the market in Thailand include:
The market in France is expected to register a CAGR of 6.8% over the forecast period. Some of the reasons for the growth of eco-friendly bottles in the country are:
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Market players in the eco-friendly bottle landscape are focused on coming up with new materials that ease the production process. For this reason, a considerable amount of money is being poured into Research and Development.
Multinational bottle brands are making their way into the eco-friendly bottle market, sensing the opportunities present for them. Eco-friendly bottle manufacturers are establishing partnerships with companies in the packaging sector to capitalize on opportunities.
Recent Developments in the Eco-friendly Bottle Market
The size of the eco-friendly bottle market is estimated to be USD 184.7 million in 2024.
One Green Bottle, Earthlust, Ecologic Brands, and SKS Bottle and Packaging are some of the key companies in the eco-friendly bottle market.
The eco-friendly bottle market is expected to reach a valuation of USD 370.2 million by 2034.
The rising popularity of reusable bottles and the use of recycled material are two of the trends in the market.
The eco-friendly bottle market is expected to progress at a CAGR of 7.2% from 2024 to 2034.
The eco-friendly bottle industry can be segmented into the following categories: material and application.
The eco-friendly bottle industry in India is predicted to progress at a CAGR of 8.7% from 2024 to 2034.
The eco-friendly bottle industry in China is predicted to progress at a CAGR of 7.9% over the forecast period.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Material Type 5.1. Polylactic Acid 5.2. Cellulose 5.3. Starch 5.4. Water Soluble Polymers 5.5. Aliphatic/Aromatic Co-polyesters 5.6. Moulded Fiber 5.7. Poly-hydroxy-alkanoates 5.8. Bio-derived Polyethylene 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application 6.1. Mineral Water 6.2. Non-Alcoholic Beverages 6.3. Household Products 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. One Green Bottle 17.2. Earthlust 17.3. Ecologic Brands 17.4. SKS Bottle and Packaging 17.5. Pachamama 17.6. Paper Water Bottle 17.7. Kanrel 17.8. ENSO Bottles 17.9. Earth Bottles 17.10. SafeBottles 17.11. Pepsi-Cola Metropolitan Bottling Company 18. Assumptions & Acronyms Used 19. Research Methodology
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