Packaging Industry Today
Shaker Bottles Market Share Forecasted to Reach USD 4.08 Billion by 2030
The growth of Shaker Bottles Market Share is propelled by growing awareness about health and increase in the interest of fitness activities across the globe. The market was worth around USD 2.64 billion in 2023 and is estimated to grow to nearly USD 4.08 billion by 2030, at a CAGR of 6.4% over the forecast period.
Reasons for Market Growth & Opportunities
This increased health awareness is resulting in more people participating in sports and recreation events. Such a trend has created a demand for fitness-related products, one of them being shaker bottles used for mixing proteins to consume during a workout. Furthermore, the modern distribution channel has also been expanded in forms of e-commerce platform displaying various shaker bottles for sale, enabling better availability of options for the consumers and supporting the growth of shaker bottles market.
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Segmentation Analysis
Market Segments in Shaker Bottles and their Subcategories: Based on Raw Material Based on Application Based on Distribution Channel Based on End-User
by Raw Material:
Plastic: This is the most used material because it is lightweight and inexpensive.
Stainless Steel: Strong, more durable, and able to keep the contents hot/cold.
Others : Glass and Other composite materials
by Application:
Fitness & Sports: Mainly used by athletes and fitness lovers to blend protein shake, and supplements.
Household — Used for mixing different kinds of drinks at home.
by Distribution Channel:
Online: Numerous e-commerce sites with various products to buy and delivered to your doorstep.
On this occasion, offline it refers to traditional physical stores, comprising specialized sporting goods retailers and department stores.
by End-User:
Men — larger share of users due to bigger popularity of activities of the fitness world
Feminine gender: More women are starting to participate in bodybuilding because of their health and fitness schedule.
Regional Analysis
North America: This region is expected to account for a major share of the global market due to the existing fitness culture and higher consumer spending on health products.
Europe: Shows considerable growth due to growing awareness about health and government support for promoting physical activity.
Asia-Pacific: Anticipated to experience the fastest growth due to rising disposable income and an expanding fitness-conscious population.
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Competitive Analysis
Shaker bottles market appears to be fragmented owing to the presence of number of key players capitalizing on product innovation along with improving their distribution channels. Notable companies include:
BlenderBottle: A popular brand featuring its patented mixing system as well as a versatile collection of designs that appeals to many consumer needs.
Smartshake — Smartshake has functional shaker bottles with several compartments for supplements and snacks.
Cyclone Cup: Implements patented mixing technology that specifically targets difficult-to-mix nutritional supplements.
GNC Holdings, Inc.: Offers a spectrum of shaker bottles within its comprehensive health and wellness product lineup.
Hydra Cup: popular for its unique two-in-one shaker, which houses two separate containers for different supplements in a single bottle.
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Conclusion
The global shaker bottles market is set to witness a significant growth owing to the growing awareness regarding health and rising trend for fitness activities. Given that, the global shaker bottles market is anticipated to witness substantial growth during the forecast period as health-conscious consumers are seeking convenience and effective products like shaker bottles, which is expected to create lucrative product demand opportunities for market players.
Explore More: Visit our website for Additional reports:
Glass Bottles and Containers Market https://www.maximizemarketresearch.com/market-report/global-glass-bottles-and-containers-market/102634/
Paper Bottles Market https://www.maximizemarketresearch.com/market-report/paper-bottles-market/222713/
Recycled PET (r-PET) Bottles Market https://www.maximizemarketresearch.com/market-report/recycled-pet-r-pet-bottles-market/40588/
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