The global Smart Bottle Market is expected to cross USD 78.3 million by 2026, registering at a CAGR of 23.4% from 2021 to 2026.
A smart bottle uses sensor technology to monitor a person's water intake. It tracks hydration levels and ensures that they are met. Temperature monitors, freshness timers, drinking reminders, and daily hydration indicators are also included. The Internet of Things (IoT) and Artificial Intelligence (AI) have been implemented in bottles as a result of recent technological advances. These systems provide users with knowledge about their hydration levels and water consumption intervals. Several companies have created mobile apps that provide users with customized daily hydration targets.
Fitness enthusiasts are increasingly choosing items that improve their exercise experience, which is driving up demand for interactive vessels. The global smart bottle market is being driven by rising health consciousness among individuals and the increasing adoption of smart bottles in both developed and developing economies. Growing consumer understanding of the importance of maintaining proper hydration levels, as well as that disposable income, are expected to accelerate the global smart bottle market's growth over the forecast period.
The Smart Bottle Market is segmented by Product Type (Water Bottle, Pharmaceutical Bottle, Alcoholic Beverage Bottle, Other), by Application (Food & Beverages, Pharmaceutical, Sports, Other). The market is further analyzed on the basis of regional analysis and divided into major regions like North-America, Latin America, Asia-Pacific, Europe and MEA.
Further Key Findings From The Report Suggest
- Due to the widespread adoption of smartphones, fitness trackers, and other smart devices, the hydration monitoring apps segment is expected to expand significantly over the forecast period.
- In terms of sales, the online distribution channel segment had the largest share. The rising popularity of online shopping, as well as the widespread availability of internet access on computers, laptops, and other smart devices, are expected to fuel sales across the online distribution channel segment.
- North America is the leading market for smart bottles, and it is expected to expand at a rapid rate over the next few years. Furthermore, the growing concern about healthcare and interest in fitness activities in this area is expected to propel the smart bottle market forward.
Key Participants like Thermos L.L.C, Adheretech Inc, Kuvee, Hidrate Inc, Trago Inc, Sippo, Ecomo Inc, Hydrasmart, Spritz, Myhydrate.
For this report, Introspective Market Research have segmented the Smart Bottle market on the basis of Region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2019-2026)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- Latin America
- Rest of LATAM