The eco-friendly water bottle market is projected to reach US$ 11. 06 billion by 2028 from US$ 8. 19 billion in 2021; it is expected to grow at a CAGR of 4. 4% during 2021–2028. The growth of the eco-friendly water bottle market is driven by growing regulations to curb the use of single-use plastic water bottles.
New York, June 10, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Eco-Friendly Water Bottle Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Material, Distribution Channel" - https://www.reportlinker.com/p06279434/?utm_source=GNW These bottles are one of the major causes of plastic pollution caused by packaging waste in the environment. According to the European Commission, single-use plastic items discovered on European beaches, coupled with fishing gear, account for 70% of marine trash.In 2019, European Union imposed restrictions on single-use plastic products to decrease the impact of plastic products on the environment, particularly the marine environment and human health. Similarly, in North America, Mexico developed a program to establish an environmental policy for waste in 2008 through the SEMARNAT, encouraging waste prevention and holistic management. The growing government support to discontinue the consumption of single-use plastics, along with increasing awareness among the population, are expected to drive the eco-friendly water bottle market in the coming years. Based on material, the global eco-friendly water bottle market is segmented into paper, metal, glass, and others.In 2020, the metal segment accounted for the largest market share and is expected to account for the highest growth rate over forecast period. Metal bottles are the most durable type of eco-friendly bottles.Consumers opt for these bottles as they are reusable. Metal water bottles are also equipped with water filters and insulation as advanced features. Based on distribution channel, the eco-friendly water bottle market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others.In 2020, the supermarkets and hypermarkets segment accounted for the largest revenue share and online retail is expected to account for the highest growth rate over the forecast period. Supermarkets and hypermarkets are easily accessible and widespread in terms of locations in all regions. Supermarkets and hypermarkets also adopt attractive merchandising techniques that appeal to consumers, thus generating higher sales for eco-friendly water bottles and accounting for the largest share in the market. By region, the eco-friendly water bottle market is segmented into North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South & Central America.In 2020, Asia-Pacific held the largest share of the market and is estimated to register the highest CAGR in the market during the forecast period. Asia Pacific region is expected to account for the fastest growth rate over the forecast period in eco-friendly water bottle market.The Asia Pacific eco-friendly water bottle market is further segmented into China, India, Japan, South Korea, and Australia. An increase in the middle-class population and the rising consumer awareness about eco-friendly products drive the demand for eco-friendly water bottles in this region. Chilly’s; S’well; Ocean Bottle; Corkcicle; Hydro Flask; Bottles Società Benefit S.r.l. P.IVA; Frank Green; Qwetch; Klean Kanteen; and Kinto Co., Ltd. are among the players operating in the eco-friendly water bottle market. These companies provide a wide range of products and have presence in the developing regions, which provides lucrative opportunities for their growth. Many eco-friendly water bottle market players are developing high-quality and innovative products to meet customers’ requirements. The overall eco-friendly water bottle market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants—including valuation experts, research analysts, and key opinion leaders—specializing in the eco-friendly water bottle market. Read the full report: https://www.reportlinker.com/p06279434/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________
(Bloomberg) -- Google, Facebook and Microsoft Corp. — three of the world’s biggest corporate buyers of clean power — are sounding the alarm that a nearly $4 billion, Warren Buffett-backed renewable-energy project proposed in Iowa isn’t necessarily in the best interest of customers, including them.Most Read from BloombergUS Lifts Covid-19 Test Requirement for International TravelUS Inflation Quickens to 40-Year High, Pressuring Fed and BidenEating Two Portions of Fish Per Week Linked to Deadly Sk
The relaunch will begin on Russia Day, a patriotic holiday celebrating the country's independence, at the same flagship location in Moscow's Pushkin Square where McDonald's first opened in Russia in January 1990. In the early 1990s, as the Soviet Union crumbled, McDonald's came to embody a thawing of Cold War tensions and was a vehicle for millions of Russians to sample American food and culture. The brand's exit is now a powerful symbol of how Russia and the West are once again turning their backs on each other.
LOS ANGELES (Reuters) -U.S. President Joe Biden on Friday accused the U.S. oil industry, and Exxon Mobil Corp in particular, of capitalizing on a supply shortage to fatten profits after a report showed inflation surging to a new 40-year record. Biden, who came into office vowing to reduce U.S. dependence on fossil fuels, said on Friday he was hoping to speed up oil production, which is expected to hit record highs in the United States next year. But he also issued a warning to the industry, whose profits have jumped with oil and gas prices, pointing to the gains as evidence consumers are paying for more than higher labor and shipping costs.
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NEW YORK (Reuters) -Oil prices fell on Friday, after U.S. consumer prices rose more than expected and China imposed new COVID-19 lockdown measures. Brent crude fell $1.06 to settle at $122.01 a barrel. Both benchmarks still posted weekly gains, 1.9% for Brent and 1.5% for WTI.
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Earlier this week, the bank said https://www.reuters.com/business/wells-fargo-pauses-diverse-slate-hiring-policy-after-reports-fake-job-interviews-2022-06-06 in a memo it was pausing a hiring policy that requires recruiters to interview a diverse pool of candidates, after another report by the New York Times said such interviews were often fake and conducted even though the job had already been promised to someone else. The bank reiterated that it is conducting a review so that hiring managers, senior leaders and recruiters fully understand how the guidelines should be implemented. Wells Fargo declined to comment on the criminal investigation mentioned in the report.
Retirees are staying in defined-contribution (DC) plans long after retirement, according to T. Rowe Price. DC plans are typically tax-advantaged accounts, such as 401(k)s and 403(b)s, offered by employers. Advisors should understand why employees stay invested in these accounts years … Continue reading → The post Here's Why Retirees Are Sticking With Workplace Retirement Plans appeared first on SmartAsset Blog.
The White House today announced new steps to meet President Biden’s goal to build out its planned network of 500,000 electric vehicle chargers along America’s highways and in rural communities.
Costco recently posted signs warning motorists that membership will be required to buy gas, ending a money-saving exception.
Smithfield Foods, the largest pork processor in the world, will close its Vernon, California, plant and reduce its hog herd in the West, the company announced Friday. The closure, which the company attributed in a statement to "the escalating cost of doing business in California," comes as the state rolls out a new law requiring livestock be given more spacious confinements. Smithfield, owned by Hong Kong-listed WH Group Ltd, did not immediately respond to a Reuters inquiry about whether the law, known as Proposition 12, contributed to the decision to close the plant.
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