Smart Bottle Market: Global Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Platform, Distribution Channel, Application, and Region.

Smart Bottle Market was valued at US$ 118.2 Mn. in 2020. Global Smart Bottle Market size is estimated to grow at a CAGR of 13.2%.

Smart Bottle Market Overview:

A smart bottle is a device that tracks a person's water intake using sensor technologies. Smart bottle uses sensor technology, which is generally found in the cap of the bottle, to determine how much water a person is drinking. Temperature sensors, freshness timers, drinking reminders, and daily hydration data are the elements of a smart bottle. These characteristics assist the drinker in determining when to refill their bottle, how frequently they drink, and how much more water they should include in their daily goal. The growing number of consumers who are conscious and who need to maintain strength and fitness are fueling the growth of the Smart bottle market across the globe. Smart Bottle Market To know about the Research Methodology :- Request Free Sample Report

Smart Bottle Market Dynamics:

IoT technology is being used in several industries to create customer-friendly and intelligent goods. Smart items are linked to other smart devices to enable one-to-one communication using Internet of Things (IoT) technologies. IoT technologies connect product creators and consumers to get real-time usage data. For example, smart bottles with measurement use IoT technology to link with smart devices that have an app to collect usage data. As a result, the growing adoption of IoT for smart bottle products is expected to boost the smart bottle market growth over the forecast period. The smart bottle market is showing northward direction growth, thanks to the boosted by growing health consciousness among youth and adults population, along with increased awareness of hydration technology. In addition, the growing demand for fitness trackers, gym accessories, along wireless technology is expected to boost the smart bottle market growth throughout the forecast period. The growing awareness of the importance of adequate water consumption among people of various age groups is expected to propel the smart bottle market growth through the forecast period. According to the MMR research report, the global health industry has generated more than US$ 117000 million in 2020. The smart bottle market is expected to grow significantly as consumers continue to place a high value on health and pay heavily in clubs and services to maintain fitness across the globe. The high cost of smart bottles is expected to be a major hurdle for the smart bottle market growth over the forecast period. As smart bottles are developed with sensor technology and feature key technical capabilities such as information about the user's hydration level and are connected with mobile apps, the cost is expected to increase significantly over the forecast period. In addition, the average battery life of a smart bottle is 6 months, which is considerably reduced by notifications or the time spent connecting it to any mobile app, resulting in inaccuracy. As a result, the decrease in battery life is seen as a major issue slowing the growth of the smart bottle market.

Smart Bottle Market Segment Analysis:

Based on the Platform, the Smart Bottle Market is segmented into Built Hardware, Hydration Tracking Applications, and others. The Hydration Tracking Applications segment held the largest market share, accounting for 63.17% in 2020. The majority of smart bottle manufacturers provide accurate information about daily water intake along with the ability to set tailored hydration goals for their customers. The applications are becoming personal systems to help users to reach daily goals as hydration technology has become central for youth and adults. The built-in hardware technology is assisting in the increased adoption of smart bottles. As a result, the demand for a healthy lifestyle grows and people become more conscious of the importance of drinking more water, smart water bottles will become more popular, which in turn is expected to boost the smart bottle market growth for this segment. Smart Bottle MarketBased on the Distribution Channel, the Smart Bottle Market is segmented into online and Offline. The Online Distribution Channel segment held the largest market share, accounting for 64.22% in 2020. The smart water bottles are currently not available in retail stores and other offline retailers, the majority of sales are made through the online distribution channel. The online distribution channel is expected to grow at a CAGR of 11.3% during the forecast period. Customers frequently prefer to purchase goods and services on the internet. As a result, the market for smart bottles as fitness trackers and gym accessories is expected to grow as e-commerce platforms increase online sales. According to the current trend, smart bottle producers partner with electronics retailers rather than consumer stores, which is also driving the smart bottle market across the globe. Smart Bottle Market

Smart Bottle Market Regional Insights:

North America region held the largest market share accounted for 46.93% in 2020. The growing need for improved fitness tracking systems, along with the growing per capita income of consumers, are fuelling the smart bottle market growth in the region. The rising consumer interest in health clubs, and the use of technology-enabled gym equipment along with fitness trackers, are driving the smart bottle market growth in North America. According to IHRSA, the health club industry in the United States was valued at US$ 39170 million in 2020. In addition, the growing usage of smart wearable technology is also expected to boost the smart bottle market growth through the forecast period. Asia Pacific region is expected to witness significant growth at a CAGR of 14.37% during the forecast period. The region's growth is attributed to growing awareness regarding the importance of maintaining hydration levels in the body are boosting the usage of smart bottles. The governments of countries like India and China are taking initiatives to reduce plastic waste production and promote the use of recyclable materials, which leads to increasing the production of smart bottles in the region. The objective of the report is to present a comprehensive analysis of the global Smart Bottle Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Smart Bottle Market dynamic, structure by analyzing the market segments and projecting the Smart Bottle Market size. Clear representation of competitive analysis of key players by Distribution Channel, price, financial position, product portfolio, growth strategies, and regional presence in the Smart Bottle Market make the report investor’s guide.

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Smart Bottle Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 118.2 Mn.
Forecast Period 2021 to 2027 CAGR: 13.2% Market Size in 2027: US $ 281.5 Mn.
Segments Covered: by  Platform • Built Hardware • Hydration Tracking Applications • Others
by Distribution Channel • Online • Offline
by Application • Water bottle • Pharmaceutical Bottle • Others

Smart Bottle Market by Region

• North America • Europe • Asia Pacific • Latin America • The Middle East and Africa

Smart Bottle Market Key Players

• Hidrate Inc. • Myhydrate • Kuvee, Inc. • Thermos LLC • Adheretech Inc. • Sippo • Trago, Inc • Spritz • Hydrasmart • Ecomo Inc. • Indiegogo, Inc. • Caktus Inc. • Groking Lab Limited • Moikit • Open-2, LLC • Out of Galaxy • Thermos L.L.C. • Lifefuels, Inc. • Intelligi LLC. • Ozmo Frequently Asked Questions: 1] What segments are covered in the Smart Bottle Market report? Ans. The segments covered in the Smart Bottle Market report are based on Platform, Distribution Channel, and Application. 2] Which region is expected to hold the highest share in the Smart Bottle Market? Ans. The Asia Pacific region is expected to hold the highest share in the Smart Bottle Market. 3] What is the market size of the Smart Bottle Market by 2027? Ans. The market size of the Smart Bottle Market by 2027 is US$ 281.5Mn. 4] What is the forecast period for the Smart Bottle Market? Ans. The forecast period for the Smart Bottle Market is 2020-2027. 5] What was the market size of the Smart Bottle Market in 2020? Ans. The market size of the Smart Bottle Market in 2020 was US$ 118.2Mn.
1. Global Smart Bottle Market Size: Research Methodology 2. Global Smart Bottle Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Smart Bottle Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Smart Bottle Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Smart Bottle Market Size Segmentation 4.1. Global Smart Bottle Market Size, by Platform (2020-2027) • InfiniBand • Ethernet • HDMI • DisplayPort • USB • Others 4.2. Global Smart Bottle Market Size, by Distribution Channel (2020-2027) • QSFP • CXP • CDFP • CFP • SFP • Others 4.3. Global Smart Bottle Market Size, by Application (2020-2027) • Data Center • High-Performance Computing • Personal Computing • Digital Signage • Consumer Electronics • Others 5. North America Smart Bottle Market (2020-2027) 5.1. Global Smart Bottle Market Size, by Platform (2020-2027) • InfiniBand • Ethernet • HDMI • DisplayPort • USB • Others 5.2. Global Smart Bottle Market Size, by Distribution Channel (2020-2027) • QSFP • CXP • CDFP • CFP • SFP • Others 5.3. Global Smart Bottle Market Size, by Application (2020-2027) • Data Center • High-Performance Computing • Personal Computing • Digital Signage • Consumer Electronics • Others 5.4. North America Smart Bottle Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Smart Bottle Market (2020-2027) 6.1. European Smart Bottle Market, by Platform (2020-2027) 6.2. European Smart Bottle Market, by Distribution Channel (2020-2027) 6.3. European Smart Bottle Market, by Application (2020-2027) 6.4. European Smart Bottle Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Smart Bottle Market (2020-2027) 7.1. Asia Pacific Smart Bottle Market, by Platform (2020-2027) 7.2. Asia Pacific Smart Bottle Market, by Distribution Channel (2020-2027) 7.3. Asia Pacific Smart Bottle Market, by Application (2020-2027) 7.4. Asia Pacific Smart Bottle Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Smart Bottle Market (2020-2027) 8.1. The Middle East and Africa Smart Bottle Market, by Platform (2020-2027) 8.2. The Middle East and Africa Smart Bottle Market, by Distribution Channel (2020-2027) 8.3. The Middle East and Africa Smart Bottle Market, by Application (2020-2027) 8.4. The Middle East and Africa Smart Bottle Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Smart Bottle Market (2020-2027) 9.1. Latin America Smart Bottle Market, by Platform (2020-2027) 9.2. Latin America Smart Bottle Market, by Distribution Channel (2020-2027) 9.3. Latin America Smart Bottle Market, by Application (2020-2027) 9.4. Latin America Smart Bottle Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Hidrate Inc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Myhydrate 10.3. Kuvee, Inc. 10.4. Thermos LLC 10.5. Adheretech Inc. 10.6. Sippo 10.7. Trago, Inc 10.8. Spritz 10.9. Hydrasmart 10.10. Ecomo Inc. 10.11. Indiegogo, Inc. 10.12. Caktus Inc. 10.13. Groking Lab Limited 10.14. Moikit 10.15. Open-2, LLC 10.16. Out of Galaxy 10.17. Thermos L.L.C. 10.18. Lifefuels, Inc. 10.19. Intelligi LLC. 10.20. Ozmo

About This Report

Report ID32142
Category Consumer Goods & Services
Published DateJuly 2019
Updated DateDec 2021
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