Reusable Water Bottle Industry ESG Thematic Report, 2023

Environmental, Social, and Governance (ESG) in the Reusable Water Bottle Industry

ESG is a framework that assists stakeholders in comprehending how a company manages the risks and opportunities associated with sustainability-related concerns. From being a mysterious and specialized idea, ESG has become a frequently used phrase globally. Investors create ESG goods, businesses use ESG tactics, and regulators create ESG regulations. An enormous expansion in the quantity of ESG data, which in turn drove ESG reviews, has propelled this activity.

Consumers are being encouraged to convert to disposable water bottles by government laws and the anti-plastic movement, while businesses are being compelled to create goods that are environmentally friendly. Consumers are using reusable water bottles more frequently at work, school, college, and homes as a result of a shift in preference for a healthy lifestyle. Reusable water bottles also contribute to a decrease in landfills, which are a significant source of groundwater and subsurface pollution. Plastic debris collected in rivers, oceans, and streams, as well as toxic leaks into water bodies, are long-term ecological problems caused by the use of plastic bottles.

ESG Trends

The market for environmentally friendly water bottles has seen a significant increase in demand, mainly because of the expanding government encouragement of environmental preservation. International organizations that monitor environmental risks and climate change have also made strong appeals for a change in lifestyle.

The demand for reusable water bottles has been significantly influenced by social programmers like "Refill the Planet." In response to efforts made around the world to reduce the use of plastic bottles, reusable water bottles are indeed very popular.

Reusable water bottles are in the limelight because major industries need to promote sustainable practices. The energy industry is taking big efforts toward sustainability as a result of its growing concern over a potential environmental crisis.

ESG Challenges

National and regional lockdowns restricted the manufacturing and supply of goods, which has had a severe impact on the retail and consumer goods sector as a result of the COVID-19 epidemic. Contrary to other industries, changes in consumer preferences have resulted in a decline in the increase of demand for a number of categories of consumer goods.

Unlike other sectors, a change in customer behavior has increased demand for some product categories and have also led to changes in brand preferences among them. Manufacturers are also determining how to best deal with potential supply chain disruptions and capacity issues that can prohibit them from meeting changing client demands.

Plastic water bottles contain chemicals, and those chemicals can leach into the water. This plastic leachate can have detrimental health effects on consumers. At certain levels of exposure, some of the chemicals in plastic, especially the chemical known as bisphenol A (BPA), have even been implicated as carcinogens, neurological difficulties, early puberty in girls, reduced fertility in women, premature labor, and defects in newborn babies.

Growth of Reusable Water Bottle

The positive impact of the ESG elements in association with the reusable water bottle market mentioned above can fuel demand in the market for reusable water bottles. The global market size was valued at USD 8.64 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.3% from 2022 to 2030.

Key Companies in this theme

    • Tupperware Brands Corp.

    • SIGG Switzerland AG

    • GmbH

    • Contigo

    • Aquasana Inc.

Scope of the Reusable Water Bottle Industry ESG Thematic Report: 

    • Macro-economic and ESG-variable analysis of the industry, including regulatory, policy, and innovation landscape

    • Key insights on infrastructure developments and ESG issues affecting the theme

    • Identify key initiatives and challenges within the industry

    • Identify ESG leaders within the industry

    • Understand key initiatives and the impact of companies within the sector to fuel an informed decision-making process

    • Analysis of industry activities based on multi-media sources, including significant controversies and market sentiment

Key Benefits of Reusable Water Bottle Industry ESG Thematic Report:

    • Developing a comprehensive understanding of macro-economic, Policies & Regulations and innovations affecting the reusable water bottle market globally

    • Key insights into Infrastructure developments and ESG issues affecting the theme

    • Identifying ESG risks and opportunities to business among leading players in the market

    • Obtaining a clear and relevant understanding of company actions, progress, and impact and find opportunities for investment