Reusable Water Bottle Market To Expand Industry Growth At USD 5.99 Billion By 2028
San Francisco, 27 Aug 2021: The Report Reusable Water Bottle Market Size, Share & Trends Analysis Report By Material Type (Glass, Stainless Steel, Plastic, Silicone), By Distribution Channel, By Region, And Segment Forecasts, 2021 - 2028 The global reusable water bottle market size is expected to reach USD 11.51 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.0% from 2021 to 2028. Government regulations and the anti-plastic movement are encouraging consumers to switch to disposable water bottles and prompting manufacturers to develop environmentally-friendly products. Furthermore, the extensive use of disposable water bottles in sports and public places is discouraged by various campaigns in order to create awareness among people. Some governments have taken initiatives for the same, for instance, in February 2019, UNICEF and the Ministry of Education Maldives decided to provide reusable water bottles to all the