Research Reports

ICT & Electronics

icon
Home » Reports » Smart Water Bottle Market Global Demand Analysis Opportunity Outlook 2024

Send Enquiry

KEY BENEFITS

  • DIRECT ANALYST ASSISTANCE

    Direct access to analyst to help you understand the market in a better way to handle your critical question

  • CUSTOMIZE AS PER YOUR NEED

    Citing your business specific requirement our consultant would assist you ensuring targeted goal is achieved

  • DISCOUNT ON CUSTOMISATION

    Get 10% free customization

  • QUALITY ASSURED

    Great focus on accuracy and quality of the research

Market Research Report

Smart Water Bottle Market : Global Demand Analysis & Opportunity Outlook 2024

Published On : 09:40 AM, 14th September, 2017 REP-ID-341 Category: ICT & Electronics

Smart Water Bottle Market Overview

Smart water bottle is a bottle which is used to update the consumer on the level of hydration in the body. It collects and tracks different information from the user such as weight, age etc. and tracks the time and amount of water intake by the user. Further, based on the information collected, a smart water bottle tracks the amount of water drunk by the user and automatically reminds the user to drink the water before body gets dehydrated. 

Smart water bottle can detect the surrounding environment, such as the temperature and whether it’s night or day time. The water bottle connects to the water app that can sync with most major fitness trackers and can track things like daily hydration habits.

Market Size and Forecast

The global smart water bottle market is expected to grow at a CAGR of 15.2% over the forecast period i.e. 2017-2024. Further, smart water bottle market is anticipated to reach USD 238 Million globally by 2024. The smart water bottle is likely to witness high demand owing to the rising concerns among people regarding fitness, weight loss and health. Moreover, rising per capita income and increasing adoption of advanced technologies is anticipated to foster the growth of smart water bottle market globally.

smart water bottle market Graph

Geographically, North America and Europe are the two largest markets for smart water bottles. North America is the dominant market for smart water bottles and likely to grow at a tremendous pace over the forecast period. Further, increasing concern related to healthcare and inclination in fitness activities in this region is envisioned to bolster the growth of smart water bottle market. U.S. is anticipated to account for the highest market share in this region by the end of 2024.

North America region stood at first position in the total revenue of smart water bottles market in 2016 followed by it, Europe and Asia-Pacific captured second and third position in the same year. Europe secured the second largest market share in smart water bottle market in the same year. Further, easy acceptance of newer and advanced technology in this region is expected to flourish the growth of smart water bottle market. Asia-pacific region is expected to witness a stupendous growth over the forecast period owing to rising disposable income of the population in this region. Further, China, India, and Japan are envisioned to capture the largest market share during the forecast period.

Market Segmentation

Our in-depth analysis segmented the global smart water bottle market in the following segments:

By Technology

  • Inbuilt smart water bottle
  • Hardware smart water bottle

 By Distribution Channel

  • Online store
  • Offline store

By Region

Global smart water bottle market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, South Korea &Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis

Middle East and Africa (GCC, North Africa, South Africa and Rest of Middle East and Africa) Market Size and Y-O-Y Growth Analysis

Growth Drivers and Challenges

Growing healthcare awareness and increasing per capita income across the globe have increased the demand for smart water bottle among health conscious consumers.

Rapid urbanization is leading to more health and fitness conscious consumers which are anticipated to impel the growth of the smart water bottle market. Further, early adoption of new technology and high purchasing power of consumers in developed nations is envisioned to bolster the smart water bottle market.

Moreover, rising disposable income and upgradation in the living standard of people is anticipated to be the dynamic factor behind the growth of smart water bottle market. In addition, this growth is attributed towards enhanced customer experience and technological advancement in fitness related products. This factor is likely to drive the growth of global smart water bottle market.

However, limited battery life of smart water bottles is expected to dampen to growth of global smart water bottle market. Moreover, high cost associated with smart water bottles is expected to hinder the growth of this market.

Key players

The major key players for smart water bottle market are as follows

  • Adheretech Inc.
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financials
  • Thermos L.L.C.
  • Hidrate Inc.
  • Spritz
  • Myhydrate
  • Kuvee
  • Sippo
  • Trago
  • Hydrasmart
  • Ecomo Inc.

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global smart water bottle market is segmented as follows:

  • By Technology Market Size & Y-O-Y Growth Analysis
  • By Distribution Channel Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

 

Key Answers Captured in Report?
Which geography would have better demand for product/services?
What are the strategies adopted by big players in the regional market?
Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
What is the current & expected market size in next five years?
What is the market feasibility for long term investment?
What opportunity the country would offer for existing and new players in the market?
What is risk involved for suppliers in the geography?
What factors would drive the demand for the product/service in near future?
What is the impact analysis of various factors in the market growth?
What are the recent trends in the regional market and how successful they are?

Delivery Center

1014, 10th Floor, Tower A1,
Ansal Corporate Park, Plot no 7A/1,
Sector 142 Noida., 201301 India
Phone : +91 958 228 3827, +91 120 660 5495
info@researchnester.com

US Office

1820 Avenue M, Suite# 1113,
Brooklyn, New York 11230
Phone : +1 646 586 9123
info@researchnester.com

Canada (Toronto)

Phone : +1 437 889 3230
info@researchnester.com

UK Office (London)

Phone : +44 203 608 5919
info@researchnester.com

Copyright © 2017 Research Nester. All rights reserved

Top