Growing Awareness Regarding Environmental Issues Drives Demand Avenues in Biodegradable Water Bottles Market: TMR

- Biodegradable water bottles market is likely to experience growth at promising pace during the assessment period 2020-2030

- Growing preference among major population toward using environmental-friendly products will generate high demand for biodegradable water bottles in upcoming years

- Asia Pacific is one of the lucrative regions for the global biodegradable water bottles market

News provided by

Transparency Market Research

Jan 05, 2021, 07:30 ET

ALBANY, N.Y, Jan. 5, 2021 /PRNewswire/ -- Remarkable growth in the use of plastics in worldwide locations has resulted into rising environmental concerns. In recent few years, there is considerable growth in awareness about the importance of conservation of environment. Owing to this factor, major population across the global is inclined toward the use of environmental-friendly products. This factor is generating prominent sales opportunities in the global biodegradable water bottles market.

Analysts at TMR are of the opinion that the global biodegradable water bottles market will grow at 4.5% CAGR during the assessment period of 2020 to 2030.

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Biodegradable Water Bottles Market: Major Takeaways

Growing Environmental Concerns Push Demand for Biodegradable Water bottles

Companies working in the global biodegradable water bottles market are using various plants such as algae, bamboo, pulp, sugarcane, and paper for manufacturing their products. Apart from this, biodegradable plastic such as starch-based plastics, polylactic acid (PLA), polyhydroxyalkanoates (PHA), polyhydroxybutyrate (PHB), and poly-butylene succinate (PBS) are widely used in the production of these bottles. The specialty of all these materials is that they are easily decomposed in the soil in less than 100 days. This factor is attracting major environment enthusiasts toward purchasing biodegradable water bottles, thereby generating prominent sales opportunities in the global biodegradable water bottles market.

The production of biodegradable water bottles requires less water than the production of plastic bottles. Apart from this, there is no emission of carbon during the production of biodegradable water bottles. This scenario highlights the environmental-friendly nature of biodegradable water bottles.

Players Focus on Technological Advancements

Major enterprises working in the global biodegradable water bottles market are growing focus toward incorporation of technological advancements during their production activities. They are pouring efforts toward designing biodegradable bottles that look exactly similar to plastic bottles and attract additional customer base. This scenario depicts that the global biodegradable water bottles market will show expansion at promising pace in the forthcoming years.

Explore 180 pages of top-notch research, incisive insights, and detailed country-level projections on Biodegradable Water Bottles Market (Capacity: 15 ml – 100 ml, 101 ml – 500 ml, 501 ml -1000 ml , and Above 1000 ml; Material Type: Organic Material [Paper, Sugarcane Pulp, Bamboo, and Algae] and Biodegradable Plastic [Polylactic Acid {PLA}, Starch-based Plastics, Poly-butylene Succinate [PBS], and Others; and End Use: Residential Use, Institutional Use, and Specialty Purpose [Sports, Travel, and Gym]) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030 at https://www.transparencymarketresearch.com/biodegradable-water-bottles-market.html

Biodegradable Water Bottles Market: Growth Boosters

The government bodies of many countries across the globe are employing various stringent regulations regarding the conservation of environment. Apart from this, they are introducing diverse favorable policies. These factors are working in favor of the global biodegradable water bottles market.
Many enterprises in the global biodegradable water bottles market are focused on strengthening their product portfolio. As a result, they are increasing new product launch activities. This factor is likely to offer promising expansion opportunities for the market for biodegradable water bottles in the years ahead.
Several players in the global market for biodegradable water bottles are experimenting with the packaging of their products. The main focus is at providing attractive as well as convenient packaging. This scenario is indication of the promising growth of the global biodegradable water bottles market in the years ahead.

Analyze global biodegradable water bottles market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Biodegradable Water Bottles Market: Well-Established Participants

Some of the important company profiles covered in report on the biodegradable water bottles market are:

Choose Water
Paper water bottle
Raepack Ltd.
Lyspackaging
Montana Private Reserve
Ecologic Brands Inc.
Just Water
Mitsubishi Chemicals (MCPP)
Cove

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Explore Transparency Market Research's award-winning coverage of the Global Packaging Industry:

PET Bottles Market – The demand within the global PET bottles market is rising on account of advancements in the domain of plastic manufacturing, a thorough analysis by Transparency Market Research (TMR) reveals that the global PET bottles market is growing at a robust pace in recent times.

Container Glass Market – The demand for container glass has witnessed a huge demand in recent years as the focus towards sustainability has intensified. Container glass is used for making glass containers, which are ideal for storing perishable goods as well as nonperishable ones.

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