Smart Bottle Market Size, Share & Trends: Report

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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.

"An international  Smart Bottle Market report is a precise study of the Smart Bottle Market industry which explains what the market definition, classifications, applications, engagements, and global industry trends are. The report makes it effortless to identify the types of consumers, their response and views about particular products, their thoughts for the improvement of a product and appropriate method for the distribution of certain product. The wide ranging Smart Bottle Market business report endows with the abundant insights and business solutions that will help attain the new horizons of success. Well, for better decision making, sustainable growth, and maximum revenue generation today’s businesses call for such comprehensive market research report.

Smart Bottle Market report gives clear idea about the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, possible future trends, and market demand and supply scenarios. By completely understanding client’s requirements and following them strictly, this market research report has been structured. The use of newest and advanced tools and techniques used for this report makes it the finest in the class. With the winning Smart Bottle Market document, it becomes easy to gather Smart Bottle Market industry information more quickly. This report helps to stay on the right path by making to focus on the data and realities of the industry.

Get a Sample PDF of Smart Bottle Market Research  @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-smart-bottle-market

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

  • Surging number of research and development activities
  • Growth and expansion of travel and tourism industry
  • Rising awareness regarding maintaining health and fitness
 

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.

Market Dynamics of the Smart Bottle Market Include:

  • Fitness activities influenced the market growth

Growth in the number of fitness centers, yoga and meditation centers ports centers and gyms is widening the scope of growth for the market. The upsurge in the number of consumers with awareness on maintaining strength and fitness globally is directly influencing the market growth of the market. Also, growth and expansion of consumer goods industry is directly influencing the market growth rate.    

  • Growing awareness to direct the market demand and supply

Increased awareness about the smart water bottles is inducing increased demand and supply on global scale. For example- the qualities of smart water bottles help the drinker figure out when to refill their bottle, how often to drink, and how much extra water to include in their daily goal.    

  • Rising research and development operations

Increased funding from federal government pertaining to the research and development proficiencies is also bolstering the growth of the market. Research and developmental operations directed towards sustainable development will ensure optimum and judicious use of resources, thereby improving the market value. 

  • Rise in the technological advancements

Rising technological advancements pertaining to the manufacturing technology is further inducing growth in the market value. Increasing number of technological advancements driven with a view to minimize the production costs and wastage coupled with rise in the acceptance of laundry services that are accessible over the internet has ensured a bright future for the market.  

Access Full PDF Research Report @  https://www.databridgemarketresearch.com/reports/global-smart-bottle-market

The smart bottle market is segmented on the basis of product, component, type, capacity and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Water Bottle
  • Beverages Bottle
  • Pharmaceutical Bottles
  • Others

On the basis of product, the smart bottle market is segmented into water bottle, beverages bottle, pharmaceutical bottles and others.

Component

  • Hardware
  • Software

Based on component, the smart bottle market is segmented into hardware and software.

Type

  • Metal
  • Polymer
  • Others

On the basis of type, the smart bottle market is segmented into metal, polymer and others.

Capacity

  • Up to 500 ML
  • 500 ML – 1,500 ML
  • Above 1,500 ML

The smart bottle market is also segmented on the basis of capacity into up to 500 ml, 500 ml – 1,500 ml and above 1,500 ml.

Distribution channel

  • Online
  • Offline

Based on distribution channel, the smart bottle market is segmented into online and offline.

Table of Contents for a Smart Bottle Market Research Article:

  1. Introduction
    • Background and Overview
    • Objective of the Study
    • Scope of the Smart Bottle Market Research
  2. Methodology
    • Data Collection
    • Data Analysis
    • Research Approach
    • Sampling Techniques
    • Research Instruments
  3. Executive Summary
  4. Smart Bottle Market Overview
    • Smart Bottle Market Definition
    • Smart Bottle Market Segmentation
    • Smart Bottle Market Size and Growth Rate
    • Smart Bottle Market Dynamics
      • Drivers
      • Restraints
      • Opportunities
    • Porter's Five Forces Analysis
  5. Smart Bottle Market Trends and Insights
    • Emerging Technologies
    • Consumer Behavior and Preferences
    • Regulatory Landscape
    • Competitive Analysis
  6. Smart Bottle Market Segmentation
    • Product Type
    • Application
    • Region
    • End-User
    • Other Relevant Segments
  7. Regional Analysis
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East and Africa
  8. Competitive Landscape
    • Smart Bottle Market Share Analysis
    • Key Players Profiles
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Recent Developments

Download the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-smart-bottle-market

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