Market Insights
Interactive water bottles, also known as smart water bottles, are utilized to update the user on the hydration level in the body. It has an electronic board that gathers various information, such as weight, age, and others, in order to track the time and amount of water intake and remind people to consume water before the body gets dehydrated as per the information collected by the bottle.
The global smart water bottle market is growing at a faster pace and is anticipated to attain significant growth over the next seven years until 2023. A rising trend towards the adoption of sophisticated gadgets with new features along with health and fitness consciousness is expected to bolster the growth of the smart water bottle market in the future.
At present, the North American region captured the maximum share in revenue from the smart water bottle market and is anticipated to dominate over the forecast period. Over the coming few years, Europe is anticipated to be the second-largest market for smart water bottles. Easy adaptability and acceptance of recent advancements in technology, along with robust purchasing power, are 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 the smart water bottle market in the Asia-Pacific region till 2023.
The global smart water bottle market is mainly concentrated in North America. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
The global market for smart water bottles is segmented on the following bases:
By Technology
- Hardware
- Application
- Inbuilt
By Distribution Channel
- Online Store
- Offline Store
By Geography
- North America
- Europe
- Germany
- France
- Italy
- U.K.
- Russia
- Rest of Europe
- Asia-Pacific
- India
- China
- Japan
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
Key players identified across the value chain in the smart water bottle market include but are not limited to:
HydraCoach, Caktus, and Bluefin are some of the major players in the smart water bottle market.
This report offers the following:
- An overview of the global smart water bottle market
- Market trends assessment for the period 2016-2023, with historical information for 2013 and 2014 and projections through 2023, with respective CAGRs during 2016-2023 and 2015 as the base year
- Qualitative assessment tools such as market drivers, challenges, and future prospects, and competitive analysis: market positioning of key market players
- Focus on each level of market segmentation based on product approvals, launches, and current and anticipated market dynamics.
- A general overview of the industry structure
- Company profiles, highlighting key information about the major players operating in the global smart water bottles market,
- This report includes an estimation of market sizes for value. Both top-down and bottom-up approaches have been used to estimate and validate the size of the smart water bottle market.
