Eco Friendly Bottles Market Report

Market Insights

The Eco-Friendly Bottles market is projected to grow from USD 3.1 billion in 2020 to USD 4.5 billion by 2026 at a CAGR of around 6.6% during the forecast period.

Figure: Eco-Friendly Bottles Market Size, 2020-2026 (USD Billion)

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What are eco friendly bottles?

Eco-friendly products are known as earth-friendly or products which does not cause any harm to the environment. Eco-friendly products also prevent contributions to air, water, and land pollution. Eco-Friendly Bottles are primarily made using materials including polylactic acid, cellulose, starch, water-soluble polymers, aliphatic/aromatic co-polyesters, molded fiber, polyhydroxyalkanoates, and bio-derived polyethylene.

Key Players

Key players operating in the Eco-Friendly Bottles market are-

• EcoXpac (Denmark)
• Ecologic Brands, Inc. (US)
• One Green Bottle (US)
• Cascade Designs, Inc. (US)
• SKS Bottle & Packaging (US)
• EarthLust (US)
• Pachamama (France)
• Pepsi-Cola Metropolitan Bottling Company, Inc (US).

Market Dynamics

The growth of the eco-friendly bottles market is primarily driven by increasing demand for bottles made using green and sustainable materials. Rising consumer awareness about the consumption of green products is expected to drive the growth of eco-friendly bottles at a significant rate during the review period. Additionally, increasing environmental regulations about landfills is likely to create lucrative opportunities for the market players during the review period.

Segments' Analysis

Application Trends

By application, the eco-friendly bottles market has been bifurcated into mineral water, non-alcoholic beverages, household products, and others. Under these, the mineral water segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period.

Regional Trends

By region, the market in North America accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth is primarily attributed to the high product adoption rate coupled with the presence of key market players such as Ecologic Brands, Inc. (US) and One Green Bottle (US). The market growth in the Asia-Pacific region is expected to be driven by increasing awareness among consumers related to the consumption of natural and green products in developing countries, particularly China and India.

COVID-19 Impact on Eco-Friendly Bottles Market

The outbreak of the COVID-19 virus has affected the growth of the bottles industry significantly. Stringent lockdown measures and restricted movement of people affected the production and product supply for a short period and thus, affected the market growth.

Critical Questions Answered in the Report

• What are the key trends in the Eco-Friendly Bottles market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the Eco-Friendly Bottles market?
• What are the key strategies adopted by the major vendors to lead in the Eco-Friendly Bottles market?
• What is the market share of the top vendors?

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Target Audience

Here is the list of the group of customers that the eco-friendly bottles market hopes to have the greatest opportunity to convert-

• Eco-friendly bottles distributors
• Eco-friendly bottles suppliers
• Eco-friendly bottles manufacturers
• Logistics organizations
• Government bodies

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