The self-cleaning bottle market is expected to reach a spectacular valuation of US$ 145 million in 2023 and develop at a CAGR of 6.6% from 2023 to 2033 to reach US$ 274.75 million in 2033. Self-cleaning bottles are integrated with UV technology which enables in deactivating the bacteria, viruses and pathogens in the water, thereby preventing the user from causing any waterborne diseases. These self-cleaning bottles are also equipped with auto-clean function, which purifies the drinking water in a few minutes.
For instance, one can activate the UV purification light by pressing the button on the top of the bottle. This will allow the bottle to self-clean in an effort to keep the water free of bacteria.
Therefore, with the growing exposure of hazardous bacteria and viruses is encouraging the adoption of self-cleaning bottle in order to improve the purity of the water.
Moreover, the younger demographics are engaging in several recreational activities such as trekking, cycling or backpacking who face challenges in keeping the bottle clean.
Therefore, with the introduction of self-cleaning bottle, adventure-seeking individuals can ensure safe and healthy water at their fingertip.
Furthermore, these self-cleaning bottles don’t have any filters which set them apart from regular filtered bottles. This, in turn, is expected to drive the growth of the market during the forecast duration.
Get Sample of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-12061
However, the high cost associated with the self-cleaning bottle and the availability of substitute bottles equipped with filters might hinder the growth of the market. On the other hand, the outbreak of COVID-19 has prevailed the people to take safety measures for their health.
This, in turn, is expected to create substantial opportunities for the manufacturers owing to safety related characteristics of the self-cleaning bottle during the forecast period.
Regional Analysis: Developed Countries to Lead the Global Self-cleaning Bottle Market
Collectively, North America and Europe will account for major portion of the market in self-cleaning bottle market. With the launch of advanced and innovative products by the manufactures and high purchasing power in these countries is expected to contribute to the growth of the market.
Moreover, as per the Environmental Protection Agency, the UV lights integrated into the bottle acts as an effective method for disinfecting water. Such factors are encouraging the users to opt for technology-driven products, thereby creating substantial opportunity for the players in self-cleaning bottle market.
On the other hand, the self-cleaning bottle market in Asian countries will grow at a significant rate owing to the growing number of fitness buffs, athletes, and hikers which are adopting to portable water purification bottles.
This, in turn, is foreseen to drive the growth of self-cleaning bottles among all kinds of people, all ages, and income groups in the region during the forecast period.
COVID-19 Impact on the Global Self-cleaning Bottle Market
The outbreak of COVID-19 is poised to slow down the growth of self-cleaning bottle market in the near term due to unprecedented impact in the economy amid complete nationwide lockdown.
Request for TOC @ https://www.futuremarketinsights.com/toc/rep-gb-12061
Further, it has adversely impacted the retail and consumer goods industry owing to the disruption in supply chain, thereby affecting the demand and supply of bottles.
In addition, the several outdoor activities such as gyms, leisure travelling, backpacking, among others are been prohibited by the government in several countries which is impacting the sales of the self-cleaning bottles.
However, the demand is expected to escalate in near terms as manufacturers are utilizing digital technologies and engaging customers through online sales platform amid the outbreak of COVID-19.
Therefore, the penetration of e-commerce has shifted the consumer on these platforms which, in turn, will strengthen the demand for self-cleaning bottle market during the forecast period.
Global Self-cleaning Bottle Market Competitive Landscape
The key players in the self-cleaning bottle market are –
- The Crazy Cap
- Larq
- Mahaton
- QUARTZ
- Shenzhen NiceUV Optics Co., Ltd.
- Luma Bottle
- Noerden
- BackerClub (N-Hug), among others.
Prominent manufacturers are striving on product enhancement and introducing new products in order to broaden their customer base and gain competitive edge over other players. For instance, in 2019, Noerden introduced its LIZ smart bottle which has a built-in UV sterilization and also equipped with temperature indicator.
The research report presents a comprehensive assessment of the Self-cleaning Bottle Market and contains deep insights, facts, historical and statistically supported and industry-validated market data.
It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Self-cleaning Bottle Market segments such as by capacity, sales channel, charging type & region.
Request Customization of the report @ https://www.futuremarketinsights.com/customization-available/rep-gb-12061
The Self-cleaning Bottle Market report covers exhaustive analysis on
- Self-cleaning Bottle Market Segments
- Self-cleaning Bottle Market Dynamics
- Self-cleaning Bottle Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis for Self-cleaning Bottle Market includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (EU-4, BENELUX, France, U.K., Spain, Germany, Rest of Europe)
- East Asia (China, Japan & South Korea)
- South Asia & Oceania (India, Malaysia, Thailand, Indonesia, Australia & Rest of South Asia & Oceania)
- Middle East and Africa (GCC Countries, Turkey, South Africa, & Rest of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on Self-cleaning Bottle Market segments and geographies.
Self-cleaning Bottle Market: Market Segmentation
For a better understanding, global self-cleaning bottle market is being studied under capacity, sales channel, charging type & region.
Based on the Capacity
- Less than 500 ml
- 500-750 ml
- Above 750 ml
Based on the Sales Channel
- Online Retailers
- Supermarkets/Hypermarkets
- Independent Stores
- Other channels
Based on the Charging Type
- Potable Charging
- Wireless Charging
Read Related Reports:
https://network-89217.mn.co/posts/34397566?utm_source=manual
https://primal-dread.mn.co/posts/34397562?utm_source=manual
https://jasa-website.mn.co/posts/34397561?utm_source=manual
https://janjaonline.mn.co/posts/34397556?utm_source=manual
https://socialgem.net/read-blog/2401
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com