Covid-19 Impact on Eco-Friendly Bottles Market: Updated Study Offering Insights & Analysis up to 2026

February 10, 2022

The report on the Eco-Friendly Bottles Market is segmented Material (Polylactic Acid, Cellulose, Starch, Water Soluble Polymers, Aliphatic/Aromatic Co-polyesters, Moulded Fiber, Polyhydroxyalkanoates, Bio-derived Polyethylene), Application (Mineral Water, Non-Alcoholic Beverages, Household Products, Other), and Region - COVID-19 Impact Analysis and Forecast to 2026. The historic years considered for the study are 2016-2019, the base year is 2020, and the forecast period is 2021-2026.

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.

Key players

Some of the major players operating in the global 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).

Report Features

The report provides critical insights into the market dynamics that enables strategic decision making that is critical to the growth of the existing players as well as those planning to enter the market. This report offers an improvised approach to consolidate the growth decisions by covering the following features –

• Market structure - as it reflects the value chain of different commodities in the market.
• Drivers and Constraints - as both can affect any element of the marketing mix -- product, budget, and place, etc.
• Market Forecast - a part of the decision-making process. This helps users with facts regarding projected sales dimensions, costs, market shares, and other areas of planning.
• Competitive landscape and dynamics: The user can determine the strengths and gaps. The information mentioned here will work towards enhancing the brand's strategy.
• Growth strategies - allowing a small business to survive unexpected changes, and to grow into a bigger entity, and gain a greater competitive advantage.

Market Dynamics

The report covers maximum factors that affect the Eco-Friendly Bottles Market. According to this report,

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.

Critical Questions Answered in the Report

• What are the key trends in the global 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 next five years?
• What is the impact of COVID-19 on global Eco-Friendly Bottles Market?
• What are the key strategies adopted by the major vendors to lead in the global Eco-Friendly Bottles Market?
• What is the market share of the top vendors?

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Author : Meha Prasad