Global Smart Bottle Market Analysis and Size
People nowadays are becoming health conscious and are realizing the importance of adequate amount of water intake. Smart bottles thus, help the consumers to keep a check on their water intake levels. Smart bottles use sensor technology to calculate how much water a person is drinking accompanied with temperature sensors, freshness timers, drinking reminders, and daily hydration statistics.
- Data Bridge Market Research analyses that the smart bottle market value, which was USD 135.22 million in 2021, is expected to reach the value of USD 402.29 million by 2029, at a CAGR of 14.60% during the forecast period. "Online" accounts for the most prominent distribution channel segment in the smart bottle market owing to the growing penetration of e-commerce channels and increasing personal disposable income. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
Global Smart Bottle Market Definition
From the name itself, it is clear that smart bottle is an electronic product that is used to measure an individual’s daily water intake. Smart bottles are available easily in the market via both online and offline modes of distribution and can be availed as per the choice and preference pertaining to color, size and shape.
Report Scope and Market Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2022 to 2029 |
Base Year | 2021 |
Historic Years | 2020 (Customizable to 2019 - 2014) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | Product (Water Bottle, Beverages Bottle, Pharmaceutical Bottles, Others), Component (Hardware, Software), Type (Metal, Polymer, Others), Capacity (Up to 500 ML, 500 ML – 1,500 ML, Above 1,500 ML), Distribution Channel (Online, Offline) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Market Players Covered | Groking Lab Limited (US), MOIKIT (China), Out of Galaxy, Inc. (US), OPEN-2, LLC. (US), Caktus, Inc. (US), THERMOS L.L.C. (US), HydraSmart (US), Ecomo Inc. (US), Trago Mills Limited (UK), Hidrate Inc. (US), SIGG Switzerland Bottles AG (Switzerland), AdhereTech (US), Indiegogo, Inc. (US), and Ozmo Incorporated (US) |
Market Opportunities |
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COVID-19 Impact on Smart Bottle Market
COVID-19 had a mild impact on the market. This was because of the shutdown of the manufacturing facilities and plants owing to the lockdown and restrictions. Supply chain and transportation disruptions further crated hindrances for the market. However, when some relaxations were given, e-commerce sales saw a rise owing to the rising penetration of online and e-commerce channels. The future as well of the market is on the brighter side owing to the increased proliferation of internet and e-commerce channels.
Recent Development
- In March 2021 BOttel, an Australian brand has created a smart water bottle featuring a glowing flash light to remind you when to drink. Botell - dubbed as the 'next generation' of water bottles - can keep track of how much more water you need to drink throughout the day to stay hydrated.
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Meticulous hard work of skilled forecasters, well-versed analysts and knowledgeable researchers gives outcome of such top quality Smart Bottle Market , research report. This report identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the market for Smart Bottle Market industry. A numerous markets, marketing strategies, trends, future products and rising opportunities are taken into consideration while studying market and preparing this report. The world class Smart Bottle Market report offers wide-ranging statistical analysis of the market’s continuous developments, capacity, production, production value, cost/profit, supply/demand and import/export.
Brilliant practice models and method of research applied while designing Smart Bottle Market report reveals the best opportunities to thrive in the market. As it’s a fact that competitive analysis is the major aspect of any market research report, the report covers many points including strategic profiling of key players in the market, analyse core competencies of key players, and draw a competitive landscape for the market. Along with explaining competitive landscape of the key players, an excellent Smart Bottle Market survey report also provides complete and distinct analysis of the market drivers and restraints, detailed analysis of the market segmentation, key developments in the market and details of research methodology.
To Gain More Insights about this Research, Visit https://www.databridgemarketresearch.com/reports/global-smart-bottle-market
What are the most important Smart Bottle Market increase drivers?
Rapid make bigger in scope and utilization of Smart Bottle Market inside the globe with excessive acceptance ratio in the market
Automation with Smart Bottle Market helps in higher purchaser journey and to develop in systematic manner
Minimizing the human work and error with most beneficial utilization of assets to earn increased effectivity of enterprise agency in the market
To understand market dynamics in the world mainly, the global market is analyzed across fundamental world Smart Bottle Marketregions.
North America: United States, Canada, and Mexico.
South Central America: Argentina, Chile, and Brazil.
Middle East Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
Europe: UK, France, Italy, Germany, Spain, and Russia.
Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
Complete Report Details with Facts and Figures along respective Images and Graphs (TOC) https://www.databridgemarketresearch.com/toc/?dbmr=global-smart-bottle-market
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