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Smart Bottle Market Outlook, Trends, Analysis

Smart Bottle Market (Application - Water bottle, Pharmaceutical Bottle, and Alcoholic Beverage Bottle; Distribution - Online and Offline) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Global Smart Bottle Market: Snapshot

Smart bottles, the technologically advanced bottles that encompass wireless communication capabilities for connecting with computing devices such as smartphones or wearables and an artificial memory that helps provide alerts through display or sound system, are one of the most popular products in the world’s technology-obsessed circles. With applications presently spanning across the drinking water, pharmaceutical, and alcoholic beverages sectors, smart bottles are increasingly gaining traction and are observing vast developments in terms of innovation and technology advances.

Transparency Market Research estimates that the global smart bottle market, which was pegged at US$88.6 mn in 2016, will reach US$258.8 mn by 2024, registering a CAGR of 14.3% between 2016 and 2024.

smart bottle market

Water Bottles to Remain Most Promising Application for Smart Bottles

On the basis of application, the global smart bottle market has been segmented in the report into water bottle, pharmaceutical bottle, alcoholic beverage bottle and other bottle. Of these, the segment of water bottles is presently the leading revenue contributing application segment in the global smart bottle market, accounting for a massive 56.4% of the overall market in 2016. The segment is expected to continue to tread along an excellent growth path over the report’s forecast period, gaining a notable rise in its share global market by the end of the forecast period.

The segment of pharmaceutical bottles, presently holding the second position in the global smart bottle market in terms of revenue contribution, is expected to exhibit a promising 13.0% CAGR over the forecast period and retain its position. The segment is, however, expected to lose its share in the global market by the end of the forecast period. Other application segments are also expected to lose share in the global market by the end of the forecast period, with the segment of water bottles capturing the market.

North America Market to Remain Top-gaining Regional Market for Smart Bottles

North America is the prominent region and holds the dominant share in the global smart bottle market, due to strong technology embedded manufacturing capabilities in the region.  The region is also expected to lead the global market in terms of overall revenue contribution and rate of growth over the report’s forecast period. The market in APAC region is expected to emerge as one of the most promising avenues for the smart bottles market. The region is expected to attract investments from smart bottle manufacturers particularly targeting the growth opportunities arising from the thriving e-commerce industry. The APAC smart bottle market is expected to constitute the third-largest share in the global market by 2024 with a drop of 240 bps over the forecast period.

The Europe market for smart bottle is expected to expand at a CAGR of 13.8% with sales particularly concentrated in Germany and U.K. regions. Spain and Italy markets are expected to witness healthy growth rate due to presence of considerable number of smart bottle packaging manufacturers. Latin America market for smart bottle constituted 7.1% of the global market in 2015 and is expected to register growth at a moderate pace over the report’s forecast period. The Middle East and Africa (MEA) smart bottle market is also expected to exhibit a sluggish CAGR of 8.4% over the forecast period.

Some of the leading players operating in the global smart bottle market are Hidrate Inc., Myhydrate, Kuvee, Inc., Thermos LLC, Adheretech Inc. Sippo, Trago, Inc, Spritz, Hydrasmart, and Ecomo Inc.

Smart Bottles Market to Make Strides on Back of Manufacturers Leaning on Harnessing New Consumer Perceptions

Meeting hydration needs for boosting health has become smarter and tracking fluid intake has become amazingly easier. What makes smart bottles different from normal bottles is rooted in technologies, sensors, apps, and speakers, all of which aim at making daily fluid intake interesting and healthier. Whether it is constant reminder to sip the favorite beverage, or Bluetooth syncing, or interactive fitness monitoring, there are several features that make smart bottles what they are called. The growing demand for smart bottles among tech-savvy health conscious individuals is a key trend in the smart bottles market. New designs and sensor capabilities further spur the popularity of smart bottles among institutional buyers. Smart bottles have come to popularly used in storing favorite caffeinated beverages and using smart technology to infuse the drinks with herbs. Hydration has never before became smarter, believes manufacturers and retailers in the smart bottles market. Growing demand for these among working professionals will help bolster the revenue prospects of the market throughout the forecast period.

The wireless feature and sonar technology has been some of the amazing innovations with which makers of smart bottles look to allure target consumers. The use of smartphone apps for fitness monitoring is one of the numerous features that will shape the consumer value propositions in the smart bottles market. The currently emerging COVID-19 has dampened the consumer sentiment and making them reduce their discretionary spending. The post-pandemic world has thus seen businesses across industries to seek new business models and shun the unprofitable ones to attract consumers. Such initiatives will also businesses in the smart bottles market to position their products in innovative ways to nudge consumers loosen their purse strings. Further, the growing focus on health might also lend a steady impetus to the demand for smart bottles. However, industry players must aim for new consumer value capture strategies to reap long-term profits. 

Global Smart Bottle Market: Segmentation

In order to understand and assess opportunities in this market, the report is categorically divided into three key sections on the basis of application type, distribution type and region. The report analyses the global smart bottle market in terms of value (US$ Mn) and volume (Thousand units)

By Application Type

  • Water bottle
  • Pharmaceutical Bottle
  • Alcoholic Beverage Bottle
  • Other Bottle

By Distribution Type

  • Online
  • Offline

By Region

  • North America
  • Latin America
  • Europe
  • Middles East and Africa (MEA)
  • Asia Pacific (APAC)

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Frequently Asked Questions

What is the Smart Bottle Market Size?

Smart Bottle Market is expected to reach US$258.8 mn by the end of forecast period in 2024

What is the CAGR for Smart Bottle Market?

Smart Bottle Market is estimated to rise at a CAGR of 14.3% during forecast period

What are the key factors driving the growth of Smart Bottle Market?

Growing awareness about maintain health and fitness are expected to drive the Smart Bottle Market during the forecast period

Which region is more attractive for vendors in the Smart Bottle Market?

North America is more attractive for vendors in the Smart Bottle Market

Who are the key players in the Smart Bottle Market?

Key players of Smart Bottle Market are Hidrate Inc., Myhydrate, Kuvee, Inc., Thermos LLC, Adheretech Inc. Sippo, Trago, Inc, Spritz, Hydrasmart, and Ecomo Inc

1. Executive Summary

2. Assumption & Acronyms Used

3. Research Methodology 

4. Smart Bottle Market Introduction
     4.1. Smart Bottle Market Definition
     4.2. Smart Bottle Market Taxonomy

5. Smart Bottle Market Overview
     5.1. Introduction
     5.2. Industry Trends and Recent Developments
     5.3. Consumer Behavior and Technology Evolution
     5.4. Application Mapping
     5.5. Smart Bottle Market and Y-o-Y Growth
     5.6. Smart Bottle Market (US$ Mn) and Forecast
     5.7. Smart Bottle Market Value Chain Analysis
            5.7.1. List of Active Participants, By Region
                     5.7.1.1. Raw Material Supplier
                     5.7.1.2. Smart Bottle Manufacturers
                     5.7.1.3. Distributors/Retailers
     5.8. Global Smart Bottle Market Dynamics
            5.8.1. Drivers
            5.8.2. Challenges
            5.8.3. Market Trends
            5.8.4. Opportunities

6. Global Smart Bottle Market Analysis and Forecast, By Application Type
     6.1. Introduction
            6.1.1. Market Share and BPS Analysis, By Application Type
            6.1.2. Y-o-Y Growth Projections, By Application Type
     6.2. Market Size (US$ Mn) and Volume (Units) Forecast By Application Type
            6.2.1. Water Bottle
            6.2.2. Pharmaceutical Bottle
            6.2.3. Alcoholic Beverage Bottle
     6.3. Market Attractiveness Analysis By Application Type
     6.4. Prominent Trends

7. Global Smart Bottle Market Analysis and Forecast, By Distribution Type
     7.1. Introduction
            7.1.1. Market Share and BPS Analysis, By Distribution Type
            7.1.2. Y-o-Y Growth Projections, By Distribution Type
     7.2. Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Type
            7.2.1. Online 
            7.2.2. Offline
     7.3. Market Attractiveness Analysis By Distribution Type
     7.4. Prominent Trends

8. Global Smart Bottle Market Analysis and Forecast, By Region
     8.1. Introduction
            8.1.1. Market Share and BPS Analysis By Region
            8.1.2. Y-o-Y Growth Projections By Region
     8.2. Market Size (US$ Mn) and Volume (Units) Forecast By Region
            8.2.1. North America
            8.2.2. Latin America
            8.2.3. Europe
            8.2.4. Asia Pacific 
            8.2.5. Middle East and Africa (MEA)
     8.3. Regional Attractiveness Analysis
     8.4. Prominent Trends
     8.5. Drivers & Restraints: Impact Analysis

9. North America Smart Bottle Market Analysis and Forecast
     9.1. Introduction
            9.1.1. Market Share and BPS Analysis By Country
            9.1.2. Y-o-Y Growth Projections By Country
            9.1.3. Key Regulations
     9.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country
            9.2.1. U.S.
            9.2.2. Canada
     9.3. Market Size (US$ Mn) and Volume (Units) Forecast By Application Type
            9.3.1. Water Bottle
            9.3.2. Pharmaceutical Bottle
            9.3.3. Alcoholic Beverage Bottle
            9.3.4. Other Bottle
     9.4. Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel
            9.4.1. Online
            9.4.2. Offline
     9.5. Prominent Trends
     9.6. Drivers and Restraints: Impact Analysis

10. Latin America Smart Bottle Market Analysis and Forecast
     10.1. Introduction
            10.1.1. Market Share and BPS Analysis By Country
            10.1.2. Y-o-Y Growth Projections By Country
            10.1.3. Key Regulations
     10.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country
            10.2.1. Brazil
            10.2.2. Mexico
            10.2.3. Argentina
            10.2.4. Rest of Latin America
     10.3. Market Size (US$ Mn) and Volume (Units) Forecast By Application Type
            10.3.1. Water Bottle
            10.3.2. Pharmaceutical Bottle
            10.3.3. Alcoholic Beverage Bottle
            10.3.4. Other Bottle
     10.4. Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel
            10.4.1. Online
            10.4.2. Offline
     10.5. Prominent Trends
     10.6. Drivers and Restraints: Impact Analysis

11. Europe Smart Bottle Market Analysis and Forecast
     11.1. Introduction
            11.1.1. Market Share and BPS Analysis By Country
            11.1.2. Y-o-Y Growth Projections By Country
            11.1.3. Key Regulations
     11.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country
            11.2.1. Germany
            11.2.2. Spain
            11.2.3. Italy
            11.2.4. France
            11.2.5. U.K.
            11.2.6. BENELUX
            11.2.7. Nordic Countries
            11.2.8. Russia
            11.2.9. Rest of Europe
     11.3. Market Size (US$ Mn) and Volume (Units) Forecast By Application Type
            11.3.1. Water Bottle
            11.3.2. Pharmaceutical Bottle
            11.3.3. Alcoholic Beverage Bottle
            11.3.4. Other Bottle
     11.4. Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel
            11.4.1. Online
            11.4.2. Offline
     11.5. Prominent Trends
     11.6. Drivers and Restraints: Impact Analysis

12. Asia Pacific Smart Bottle Market Analysis and Forecast
     12.1. Introduction
            12.1.1. Market Share and BPS Analysis By Country
            12.1.2. Y-o-Y Growth Projections By Country
            12.1.3. Key Regulations
     12.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country
            12.2.1. China
            12.2.2. India
            12.2.3. Japan
            12.2.4. ASEAN
            12.2.5. Australia and New Zealand
            12.2.6. Rest of APAC
     12.3. Market Size (US$ Mn) and Volume (Units) Forecast By Application Type
            12.3.1. Water Bottle
            12.3.2. Pharmaceutical Bottle
            12.3.3. Alcoholic Beverage Bottle
            12.3.4. Other Bottle
     12.4. Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel
            12.4.1. Online
            12.4.2. Offline
     12.5. Prominent Trends
     12.6. Drivers and Restraints: Impact Analysis

13. Middle East and Africa Smart Bottle Market Analysis and Forecast
     13.1. Introduction
            13.1.1. Market Share and BPS Analysis By Country
            13.1.2. Y-o-Y Growth Projections By Country
            13.1.3. Key Regulations
     13.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country
            13.2.1. North Africa
            13.2.2. South Africa
            13.2.3. GCC countries
            13.2.4. Rest of MEA
     13.3. Market Size (US$ Mn) and Volume (Units) Forecast By Application Type
            13.3.1. Water Bottle
            13.3.2. Pharmaceutical Bottle
            13.3.3. Alcoholic Beverage Bottle
            13.3.4. Other Bottle
     13.4. Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel
            13.4.1. Online
            13.4.2. Offline
     13.5. Prominent Trends
     13.6. Drivers and Restraints: Impact Analysis

14. Competitive Landscape     
     14.1. Competition Dashboard
     14.2. Companies USP Analysis & Market Structure
     14.3. Company Share Analysis
     14.4. Company Profiles (Details – Overview, Financials, Strategy, SWOT Analysis, Recent Developments)
     14.5. Company Names
            14.5.1. Thermos L.L.C.
                     14.5.1.1. Company Overview
                     14.5.1.2. Product Offerings
                     14.5.1.3. Financials
                     14.5.1.4. SWOT
                     14.5.1.5. Key developments
                     14.5.1.6. Strategy
            14.5.2. Adheretech Inc.
                     14.5.2.1. Company Overview
                     14.5.2.2. Product Offerings
                     14.5.2.3. Financials
                     14.5.2.4. SWOT
                     14.5.2.5. Key developments
                     14.5.2.6. Strategy
            14.5.3. Kuvee
                     14.5.3.1. Company Overview
                     14.5.3.2. Product Offerings
                     14.5.3.3. Financials
                     14.5.3.4. SWOT
                     14.5.3.5. Key developments
                     14.5.3.6. Strategy
            14.5.4. Hidrate Inc.
                     14.5.4.1. Company Overview
                     14.5.4.2. Product Offerings
                     14.5.4.3. Financials
                     14.5.4.4. SWOT
                     14.5.4.5. Key developments
                     14.5.4.6. Strategy
            14.5.5. Trago, Inc. 
                     14.5.5.1. Company Overview
                     14.5.5.2. Product Offerings
                     14.5.5.3. Financials
                     14.5.5.4. SWOT
                     14.5.5.5. Key developments
                     14.5.5.6. Strategy
            14.5.6. Sippo
                     14.5.6.1. Company Overview
                     14.5.6.2. Product Offerings
                     14.5.6.3. Financials
                     14.5.6.4. SWOT
                     14.5.6.5. Key developments
                     14.5.6.6. Strategy
            14.5.7. Ecomo Inc
                     14.5.7.1. Company Overview
                     14.5.7.2. Product Offerings
                     14.5.7.3. Financials
                     14.5.7.4. SWOT
                     14.5.7.5. Key developments
                     14.5.7.6. Strategy
            14.5.8. HYDRASMART
                     14.5.8.1. Company Overview
                     14.5.8.2. Product Offerings
                     14.5.8.3. Financials
                     14.5.8.4. SWOT
                     14.5.8.5. Key developments
                     14.5.8.6. Strategy
            14.5.9. Spritz
                     14.5.9.1. Company Overview
                     14.5.9.2. Product Offerings
                     14.5.9.3. Financials
                     14.5.9.4. SWOT
                     14.5.9.5. Key developments
                     14.5.9.6. Strategy
            14.5.10. Myhydrate
                     14.5.10.1. Company Overview
                     14.5.10.2. Product Offerings
                     14.5.10.3. Financials
                     14.5.10.4. SWOT
                     14.5.10.5. Key developments
                     14.5.10.6. Strategy

List of Tables

Table 01: Global Smart Bottle Market Value (US$ Mn) and Volume ('000 units) by Application, 2015–2024
Table 02: Global Smart Bottle Market Value (US$ Mn) and Volume ('000 units) by Distribution, 2015–2024
Table 03: Global Smart Bottle Market Size (US$ Mn) and Volume ('000 units) by Region, 2015–2024
Table 04: North America Smart Bottle Market Size (US$ Mn) and Volume ('000 units) by Country, 2015–2024
Table 05: North America Smart Bottle Market Size (US$ Mn) and Volume ('000 units) by Application, 2015–2024
Table 06: North America Smart Bottle Market Size (US$ Mn) and Volume ('000 units) by Distribution, 2015–2024
Table 07: Latin America Smart Bottle Market Size (US$ Mn) and Volume ('000 units) by Country, 2015–2024
Table 08: Latin America Smart Bottle Market Size (US$ Mn) and Volume ('000 units) by Application, 2015–2024
Table 09: Latin America Smart Bottle Market Size (US$ Mn) and Volume ('000 units) by Distribution, 2015–2024
Table 10: Europe Smart Bottle Market Size (US$ Mn) and Volume ('000 units) by Country, 2015–2024
Table 11: Europe Smart Bottle Market Size (US$ Mn) and Volume ('000 units) by Application, 2015–2024
Table 12: Europe Smart Bottle Market Size (US$ Mn) and Volume ('000 units) by Distribution, 2015–2024
Table 13: APAC Smart Bottle Market Size (US$ Mn) and Volume ('000 units) by Country, 2015–2024
Table 14: APAC Smart Bottle Market Size (US$ Mn) and Volume ('000 units) by Application, 2015–2024
Table 15: APAC Smart Bottle Market Size (US$ Mn) and Volume ('000 units) by Distribution, 2015–2024
Table 16: MEA Smart Bottle Market Size (US$ Mn) and Volume ('000 units) by Country, 2015–2024
Table 17: MEA Smart Bottle Market Size (US$ Mn) and Volume ('000 units) by Material, 2015–2024

 

List of Figures 

Figure 01: Global Smart Bottle Market Value (US$ Mn) and Volume ('000 units), 2015–2024
Figure 02: Global Smart Bottle Market Absolute $ Opportunity (US$ Mn), 2016?2024
Figure 03: Global Smart Bottle Market Value Share by Application 
Figure 04: Global Smart Bottle Market Value Share by Distribution
Figure 05: Global Smart Bottle Market Share & BPS Analysis by Application, 2016 and 2024
Figure 06: Global Smart Bottle Market Revenue Y-o-Y  Growth by Application, 2015–2024
Figure 07: Global Smart Bottle Market Attractiveness by Application, 2016–2024
Figure 08: Global Smart Bottle Market Value (US$ Mn) and Volume ('000 units) by Water Bottle Segment, 2015–2024

 

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