Biodegradable Water Bottles Market

Biodegradable water bottles market: Dynamics

Half of all the plastic water bottles are used only once, and these bottles require three times the amount of water to produce a plastic bottle than it does to fill one. Biodegradable water bottles are an alternative measure against the traditional plastic bottles that are causing considerable damage to the environment. Biodegradable water bottles can degrade anywhere, be it on land or ocean. The growing environment protection awareness among people will help the biodegradable water bottles market to flourish. The global biodegradable market accounts for a share of less than 1% of the plastics market, but with an increase in R&D adopted by market players, the market is expected to grow steadily. Eco-friendly and cost-effective nature of the biodegradable water bottles drives the biodegradable water bottles market positively. The urgent need to replace the amount of unreal plastic that is produced, used and thrown away will help in the significant growth of biodegradable water bottles market shortly. Biodegradable water bottles made from algae are purely vegan and edible. These bottles made from organic sources can withstand high levels of water exposure and are shatterproof. Soon other food grade companies are expected to adopt biodegradable bottle packaging solutions for items like juice, milk and other household products. There is growth in the demand for bottled water because of the hygienic and safe drinking solutions which will lead to a significant increase in the biodegradable water bottles market during the forecast period. However, beautiful transparent plastic water bottles are part of marketing and a primary restraint for the growth of biodegradable water bottles. Temperature specific biodegradable plastics degrade only at 50°C which is not possible inside the ocean; this might hamper the growth of biodegradable water bottles market.

Biodegradable water bottles market: the Geographical outlook of biodegradable water bottles market in the following regions

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan (APEJ)
• Middle East & Africa (MEA)
• Japan

North America and Western Europe are the primary consumers of biodegradable water bottles worldwide growing at the highest CAGR in the forecast period. Developing countries such as India and China has tremendous potential and are rising at a rapid pace due to the increase in domestic demand. Some of the market trends include strict government regulations, growing population and recent technological developments in biodegradable packaging. These factors are expected to be the primary reasons for the growth in biodegradable water bottles market.

Biodegradable water bottles market: Key players

• Paper water bottle
• Ch2oose
• Anhui Idea Technology Ltd.
• Taizhou merry port Plastic Products Co. Ltd.
• Lyspackaging
• Vegan bottle
• Mitsubishi Plastics
• Biopac Co.
• Raepack Ltd

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, 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 market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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 market segments and geographies.