Smart Bottles Market Size Was Valued at USD 151.46 Billion in 2022 and is Projected to Reach USD 435.09 Billion by 2030, Growing at a CAGR of 14.1% From 2023-2030.
A smart water bottle is a reusable water bottle that can track your water intake and alert you if you need to drink more to hit your daily hydration goals. This is especially useful if you tend to forget to drink water throughout the day. A cool feature of some of these smart bottles is the ability to connect with fitness apps and trackers like Fitbit, Garmin, Amazon Echo, Apple Watch, etc. You can already keep track of your water consumption through most apps or devices. As the world becomes more aware of the importance of proper hydration, the Smart Water Bottle industry continues to boom. Companies have designed and created many different types of Smart Water Bottles to cater to different needs and lifestyles. Some Smart connected Bottles are designed for simplicity and ease of use, while other water bottles are like high-tech equipment.
Top Key Players Covered In The Smart Bottles Market:
- Thermos L.L.C (U.S.)
- Adheretech Inc (U.S.)
- Kuvee (U.S.)
- Hidrate Inc (U.S.)
- Trago Inc (U.S.)
- Sippo (U.S.)
- Ecomo Inc (U.S.)
- Hydrasmart (U.S.)
- HidrateSpark (U.S.)
- Spritz (U.S.)
- Myhydrate (U.S.) and other major players.
Market Dynamics and Factors:
Rising demand for smart bottles for fitness trackers, and gym accessories is driving the smart bottles market. Youth and adult populations are becoming more health conscious, and people are also becoming more aware of hydration technology. Additionally, throughout the anticipated period, the market for smart bottles is anticipated to grow due to the rising demand for fitness trackers, gym accessories, and wireless technology. The growing awareness of the importance of adequate water consumption among people of various age groups is expected to propel the smart bottle market growth
Growing adoption of smart technologies such as IoT is expected to drive the smart bottle market in the future. Several industries are utilizing IoT technology to develop consumer-friendly and intelligent products. Through the use of Internet of Things (IoT) technologies, smart objects are connected to other smart objects to enable one-to-one communication. IoT technologies link product designers and users to collect usage data in real-time. As an illustration, IoT technology is used by smart bottles with measurement to connect with smart devices that have apps to gather usage information.
Smart Bottles Market Report Highlight:
- By type, the water bottles segment is anticipated to lead the growth of the Smart Bottles market in the forecasted timeframe. Hydration is one of the most crucial elements of maintaining our well-being and staying healthy. In the modern, fast-paced world – not many people are practicing proper hydration. As a result, demand for smart water bottles is increasing.
- By application, the sports segment is expected to have the highest share of the Smart Bottles market over the projected period. Smart water bottles are especially relevant to the world of sports, as they facilitate the management of sportsmen's daily water intake and regulate their overall water consumption habits.
- The North American region is expected to have the highest share of the Smart Bottles market over the projected period. The market for smart bottles in this region will expand as a result of rising technological advancement and the prevalence of significant industry players.
Key Industry Development:
- In April 2023, Apple is currently selling smart water bottles in its online and retail stores in the US. The tech giant is selling two new smart water bottles from HidrateSpark that allow users to sync their water intake with the Apple Health app.
- In June 2020, HidrateSpark announced the release of HidrateSpark STEEL. This next-generation rechargeable insulated stainless-steel smart water bottle offers the most advanced technology and design to help you track hydration and maintain healthy habits.
Smart Bottles Market Segmentation:
By Type
- Water Bottle
- Pharmaceutical Bottle
- Alcoholic Beverage Bottle
- Other
By Application
- Food & Beverages
- Pharmaceutical
- Sports
- Other
For this report, Introspective Market Research has segmented the Smart Bottles Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
