Overview:
Interactive water bottles also known as smart water bottles are utilized to update the user the hydration level in the body. It has an electronic board which gathers various information such as weight, age, and others in order to track the time and amount of water intake and update the people to consume water before the body gets dehydrated as per information collected by the bottle.
The global smart water bottles market is growing at a higher pace and is anticipated to attain significant growth over the next seven years till 2023. Rising trend towards adoption of sophisticated gadgets with new features along with health and fitness consciousness is expected to bolster the growth of smart water bottles market in future.
At present, North America region captured the maximum share in revenue of smart water bottles market and is anticipated to dominate over the forecast period. The Europe is anticipated to be the second largest market for smart water bottles over the coming few years. Easy adaptability and acceptance to recent advancements in technology along with robust purchasing power is expected to expand the growth of smart water bottles in these regions during the forecast period. Rising health consciousness amongst households of developing countries is anticipated to propel the growth of smart water bottles market in Asia region till 2023.
The global smart water bottles market is mainly concentrated in North America. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
Global Smart Water Bottles Market is segmented on the following bases:
Key Players Identified Across the Value Chain in the Smart Water Bottles Market include but are not limited to:
HydraCoach, Caktus and Bluefit are some of the major players in the smart water bottles market.
This report offers: