NEW YORK, Sept. 28, 2023 /PRNewswire/ -- The water bottle handles market size is expected to grow by USD 43.42 million from 2022 to 2027, according to Technavio. In addition, the growth momentum of the market will progress at a CAGR of 6.56% during the forecast period. Convenience and portability of water bottles are notably driving the water bottle handles market. However, factors such as Stringent regulation on plastics may impede market growth. The market is segmented by Distribution Channel (Offline and Online), product type (single water bottle handles and multi pack water bottle handles), and Geography (APAC, North America, Europe, South America, and Middle East and Africa). Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The free sample report is available in PDF format
Key Segment Analysis
The offline segment is significant during the forecast period. This segment refer to brick-and-mortar stores where consumers can physically visit to make their purchases. It offers a significant advantage by allowing consumers to physically interact with water bottle handles before making a purchase, which enables customers to assess the quality, durability, and comfort of the handles. This is influencing their decision-making process positively. Hence, such factors fuel the growth of the offline segment of the water bottle handles market during the forecast period. To know additional highlights and key points on various market segments and their impact in coming years, View Free PDF Sample Report.
Geographical Market Analysis
APAC will contribute 39% to the growth of the global market during the forecast period. The regional market growth is attributed to various factors, including the rise in disposable income, increasing awareness of health and fitness, and growing environmental consciousness. The increasing disposable income of the middle-class population also drives the market demand. Hence, such factors boost the growth of the APAC water bottle handles market during the forecast period.
Company Insights
The water bottle handles market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market companies, including:
A. R. PLASTICS, Akanksha Tools and Mould, CAPTEL INDUSTRIES LLP, Champion Polymer, Dewan Polycaps Pvt. Ltd., DM Plastic Industries Pvt. Ltd., GLACIAL AB, Iron Flask, PM Labels, Pro Mach Inc., Remaker Labs Inc., Sanmati Plast India, Sanming Hanhe Arts and Crafts Co. Ltd., Satyam Plastic Industries, Shree Shyam Technoplast India, Siddhi Industries, Taizhou Shuanghao Plastic Mould Co. Ltd., TENZY CAPS and CLOSURES
- View Free PDF Sample Report to find additional highlights on the growth strategies adopted by companies and their product offerings.
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Water Bottle Handles Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.56% |
Market growth 2023-2027 |
USD 43.42 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
6.42 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 39% |
Key countries |
US, Canada, China, India, and Germany |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
A. R. PLASTICS, Akanksha Tools and Mould, CAPTEL INDUSTRIES LLP, Champion Polymer, Dewan Polycaps Pvt. Ltd., DM Plastic Industries Pvt. Ltd., GLACIAL AB, Iron Flask, PM Labels, Pro Mach Inc., Remaker Labs Inc., Sanmati Plast India, Sanming Hanhe Arts and Crafts Co. Ltd., Satyam Plastic Industries, Shree Shyam Technoplast India, Siddhi Industries, Taizhou Shuanghao Plastic Mould Co. Ltd., and TENZY CAPS and CLOSURES |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Distribution Channel
Market Segmentation by Product Type
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
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