Quadintel published a recovery-based report for Global “Smart Water Bottle Market” that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2030) and develops reliable and approximative timeline estimations up to 2030.
Get a complete report on Global Smart Water Bottle Market’ (Including Full TOC, 100+ Tables & Figures, and charts). –Covers Precise Information on Pre & Post COVID-19 Market Outbreak by Region.
Global Smart Water Bottle Market is valued approximately USD $$ billion in 2030and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2027.
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Smart water bottles are specially manufactured bottles for health and fitness enthusiasts. Smart water bottle can track water intake, smart bottles are synced with a mobile phone application to keep track of one’s hydration level in real-time and shows alert for the same on the connected devices. Growing connected devices market and rising number of Fitness-enthusiasts individuals are key drivers for the growth of Smart Water Bottle market. For instance, according to World Economic Forum (WEF)’s State of the Connected World 2020 report- as of 2020, Globally there are more connected devices than number of people., and it is estimated that by the year 2025, 41.6 billion connected devices would be there, capturing data of daily activities of individuals.
Also, in June 2021, Aptar Food + Beverage has partnered with REBO (Swiss based Consumer Goods company) for launch of a Smart Reusable Water Bottle. the bottle uses Bluetooth technology mounted in the cap of bottle to track the amount of water consumed. Also, the bottle comes with iOS and Android based personalized hydration app to track hydration level. The bottle lights up and sends notification through connected smartphone and reminders the user to stay hydrated. Also, with the growing technological advancements in the fields of IoT and machine learning and rising disposable income, the adoption & demand for Smart Water Bottle is likely to increase the market growth during the forecast period. However, supply chain disruption due to covid 19 pandemic and high cost of the product, impedes the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Smart Water Bottle market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to Rising demand for smart wearable technology in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as many manufacturers are shifting their manufacturing base in the region owing to cheap labor and growing e-commerce sector would create lucrative growth prospects for the Smart Water Bottle market across Asia-Pacific region.
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Major market player included in this report are:
- Caktus Inc
- Ecomo,
- Groking Lab Limited,
- Hidrate Inc.,
- HydraCoach, Inc.,
- Moikit,
- Open-2, LLC,
- Out of Galaxy, Inc.,
- Thermos L.L.C.,
- Trago, Inc.,
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Metal
Polymers
Others
By Component:
In-built
Hardware
Hydration tracking apps
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By Distribution Channel:
Online
Offline
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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