According to Cognitive Market Research, The Global biodegradable water bottles market size is USD 2.5 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.50% from 2023 to 2030.
The demand for biodegradable water bottles is rising due to the rising trend of companies shifting to sustainable and eco-friendly packaging is driving growth in this sector.
Demand for 100ml-500ml (medium) remains higher in the biodegradable water bottles market.
The others category held the highest biodegradable water bottles market revenue share in 2023.
North American biodegradable water bottles will continue to lead, whereas the Asia Pacific biodegradable water bottles market will experience the most substantial growth until 2030.
