Edible Water Bottles Market to Grow with a CAGR of 10.2% Globally through to 2028
Growing awareness of the environmental impact of
plastic pollution, rising consumption of bottled water are factors driving the
global edible water bottles market in the forecast period 2024-2028.
According to TechSci Research report, “Global Edible
Water Bottles Market - Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2028”, the Global Edible Water Bottles Market stood at
USD 115.2 million in 2022 and is anticipated to grow with a CAGR of 10.2% in
the forecast period, 2024-2028. The Edible Water Bottles Market is experiencing
a paradigm shift as consumer preferences evolve towards sustainable and
eco-friendly alternatives.
The Edible Water Bottles Market has witnessed
substantial growth in recent years, fueled by increasing environmental concerns,
stringent regulations against single-use plastics, and a rising consumer demand
for sustainable packaging solutions. According to market research reports, the
global market for edible water bottles is projected to experience robust growth
over the forecast period, with a compound annual growth rate (CAGR) that
reflects the industry's potential to reshape the beverage packaging landscape.
Browse over 26 market data Figures spread
through 185 Pages and an in-depth TOC on "Global Edible WaterBottles Market”
The market's expansion is attributed to a confluence
of factors, including heightened awareness of plastic pollution, technological
advancements in material science, and a shift in consumer behavior towards
eco-friendly products. As major players and new entrants invest in research and
development, the market is witnessing continuous innovation, leading to the
creation of edible packaging materials with enhanced properties and
versatility. Consumer preferences are tilting towards sustainable packaging,
making edible water bottles a key player in this trend. The market reflects a
growing demand for products that align with environmental values, and edible
water bottles, being biodegradable and often made from natural materials like
seaweed or starch, resonate with eco-conscious consumers.
Technological innovations in material
science are reshaping the Edible Water Bottles Market. Ongoing research is
focused on developing edible packaging materials that not only meet the
criteria for edibility but also address challenges related to shelf life,
structural integrity, and overall performance. These advancements are crucial
for expanding the market's scope beyond beverages and into various product
categories. The trend towards diversification of edible packaging applications
is notable. Initially associated with beverage packaging, edible packaging
materials are finding applications in snacks, condiments, and cosmetics. This
diversification not only expands market opportunities but also showcases the
versatility of edible packaging materials.
The rise of e-commerce and the demand
for on-the-go packaging solutions are influencing the Edible Water Bottles
Market. Edible water bottles, with their lightweight and portable nature, cater
to the needs of modern consumers who seek convenient and sustainable packaging
options. This trend is reshaping packaging strategies to accommodate the
evolving landscape of retail and consumer behaviour.
The Edible Water Bottles Market is at
the forefront of sustainable packaging solutions, driven by consumer
preferences, technological advancements, collaborative initiatives,
diversification of applications, e-commerce trends, and smart packaging
integration. While challenges exist, the market's potential for growth and positive
environmental impact makes it a focal point for innovation and strategic
development. Navigating these challenges and capitalizing on opportunities will
be pivotal for stakeholders aiming to establish a sustainable and impactful
presence in the Edible Water Bottles Market.
The Global Edible Water Bottles Market is segmented
into type, distribution channel, regional distribution, and company.
Based on type, flavored water segment
accounted for the highest share of the global edible water bottles market. In
rich countries like the U.S., consumers are spending more on flavored water,
particularly millennials and Gen Z. Global demand for soft drinks with minimal
sugar, carbohydrate, and calorie content is driving market expansion.
Based on region, It is projected that Asia Pacific
will grow during the projection period. Because more people are becoming aware
of the dangers associated with plastic water bottles, the government is
actively pushing bottle manufacturers to choose sustainable and environmentally
friendly materials. Customers will probably be encouraged to actively employ
edible water bottles as a result of this trend.
Major companies operating in Global Edible Water
Bottles Market are:
- Ooho
- Notpla
- Evoware
- BluCon BioTech
- Skipping Rocks Lab
- LiquiGlide
- AquaBall
- Water Wand
- WataCup
- WikiFoods
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“The Edible Water Bottles Market is experiencing
exponential growth, driven by increasing consumer demand for sustainable
alternatives to traditional plastic packaging. Heightened environmental
awareness, coupled with technological advancements in material science, has
fueled innovation in the industry. As major players invest in research and
development, the market is expanding beyond beverages, finding applications in
various sectors. With a compound annual growth rate (CAGR) that reflects its
potential, the Edible Water Bottles Market is poised for sustained expansion,
offering both economic opportunities and a positive impact on the global
environmental landscape.,” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based management consulting firm.
“Edible
Water Bottles Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented By Type (Plain Water, Mineral Water, Sparkled Water,
Flavored Water, Others), By Distribution Channel (Online, Offline), By Region, By
Competition, 2018-2028”, has evaluated the future growth potential
of Global Edible Water Bottles Market and provides statistics & information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in
Global Edible Water Bottles Market.
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