Published by Uma Rajagopal
Posted on January 19, 2022
According to a recent report by Future Market Insights (FMI), smart water bottle market is expected to expand at a CAGR of approximately ~11% through 2031.
Rise in per capita IT spending and growing concern towards health have brought a considerable shift in among people’s attitude towards smart water bottle. The smart water bottle market will continue expanding as people understand the importance of staying hydrated. Some of the leading smart bottle manufacturers are developing different types of advanced water bottles as per consumer preference.
A majority of smart water bottles have software that allows them to link to a smartphone app. A phone app can generally track how much water a person has consumed at a basic level. The ability to observe daily progress and how much more a person needs to drink to meet their daily water consumption target is utilized as motivation to keep drinking.
Furthermore, certain smart bottles have the capacity to connect with fitness applications and trackers such as FitBit, Amazon Echo, Apple Watch, and others. Most applications and gadgets currently allow users to keep track of their water intake. For many, however, having the opportunity to extract more advanced data from the smart water bottle and link it with a fitness app or tracker is a terrific alternative. It gives a more precise picture of daily water consumption. This functionality may be especially significant for younger generations who participate in sports, attend to the gym, run, and other physical activities.
For example, the Thermos linked hydration bottle with smart top is compatible with Apple products and comes with a smartphone app that contains an activity monitor and hydration goal settings. This gadget is also compatible with Fitbit accounts, allowing you to track something other than general fitness. The Smart Lid can track and measure beverage consumption while also providing real-time temperature readings of the contents of the bottle. Bluetooth communication with a 75-foot range is also included.
Download FREE Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-376
Key Takeaways From The Smart Water Bottle Market Study
“The market players are focusing on innovation and integration of latest technologies such as IoT and AI to create more advanced and unique water bottles in response to emerging trends and client requirements,” Says an FMI analyst.
Impact Of COVID-19 On The Market
The current pandemic has posed significant obstacles to both the supply and demand sides. Regional governments’ temporary restrictions on movement have had a significant influence on supply chains. Apart from this, growth in the market has been hampered by the change in spending habit among consumers from discretionary to essential products.
This also has prompted a transition from store-based to online commerce. However, the market is currently recovering, which is an indicator that points to new prospects despite the slowing economy.
Request a Complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-gb-376
Smart Water Bottle Market Competitive Landscape
Companies operating in the global smart water bottle market are aiming to expand their product portfolio by providing customer with new designs, light-weight, and highly efficient smart water bottles. They also are investing towards R&D for product development. For instance:
In 2021, Botell- had launched a next generation of water bottles featuring a glowing flashlight to remind the user to drink and it keeps track of how much more water is needed to stay hydrated throughout the day.
Leading manufacturers of smart water bottle are focusing on aggressive promotional strategies, advertisements, and new product launches to drive sales of smart water bottle globally.
Some of the companies operating in the smart water bottle market are Caktus, Inc., Ecomo, Groking Lab, Ltd., Hidrate, Inc., Open-2, Moikit, Thermos LLC., Trago, Inc., Hydra Coach, Inc., Lifefuels, Inc., among others.
Get More Valuable Insights’s
Future Market Insights, in its new offering, provides an unbiased analysis of the global smart water bottle market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the smart water bottle market based on the type (polymer, metal, others), price range (Below US$20, US$20-US$40, US$40-US$60, Above US$60), sales channel (direct sales and indirect sales) across each of the seven areas across seven major regions.
Get Customization in the Report, Enquire Now @ https://www.futuremarketinsights.com/customization-available/rep-gb-376
Explore FMI’s Extensive Coverage on Consumer Product Domain
Consumer Electronics Market: The global consumer electronics market to expand at a CAGR of 5.6% through 2031
Waterless Cosmetics Market: The waterless cosmetics sales are set to grow at a 13.3% CAGR between 2021 and 2031
Skin Care Devices Market: The skin care devices sales are set to grow at a 15.0% CAGR between 2021 and 2031
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Corporate Headquarter
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
Report: https://www.futuremarketinsights.com/reports/smart-water-bottle-market
Press Release Source: https://www.futuremarketinsights.com/press-release/smart-water-bottle-market
According to a recent report by Future Market Insights (FMI), smart water bottle market is expected to expand at a CAGR of approximately ~11% through 2031.
Rise in per capita IT spending and growing concern towards health have brought a considerable shift in among people’s attitude towards smart water bottle. The smart water bottle market will continue expanding as people understand the importance of staying hydrated. Some of the leading smart bottle manufacturers are developing different types of advanced water bottles as per consumer preference.
A majority of smart water bottles have software that allows them to link to a smartphone app. A phone app can generally track how much water a person has consumed at a basic level. The ability to observe daily progress and how much more a person needs to drink to meet their daily water consumption target is utilized as motivation to keep drinking.
Furthermore, certain smart bottles have the capacity to connect with fitness applications and trackers such as FitBit, Amazon Echo, Apple Watch, and others. Most applications and gadgets currently allow users to keep track of their water intake. For many, however, having the opportunity to extract more advanced data from the smart water bottle and link it with a fitness app or tracker is a terrific alternative. It gives a more precise picture of daily water consumption. This functionality may be especially significant for younger generations who participate in sports, attend to the gym, run, and other physical activities.
For example, the Thermos linked hydration bottle with smart top is compatible with Apple products and comes with a smartphone app that contains an activity monitor and hydration goal settings. This gadget is also compatible with Fitbit accounts, allowing you to track something other than general fitness. The Smart Lid can track and measure beverage consumption while also providing real-time temperature readings of the contents of the bottle. Bluetooth communication with a 75-foot range is also included.
Download FREE Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-376
Key Takeaways From The Smart Water Bottle Market Study
“The market players are focusing on innovation and integration of latest technologies such as IoT and AI to create more advanced and unique water bottles in response to emerging trends and client requirements,” Says an FMI analyst.
Impact Of COVID-19 On The Market
The current pandemic has posed significant obstacles to both the supply and demand sides. Regional governments’ temporary restrictions on movement have had a significant influence on supply chains. Apart from this, growth in the market has been hampered by the change in spending habit among consumers from discretionary to essential products.
This also has prompted a transition from store-based to online commerce. However, the market is currently recovering, which is an indicator that points to new prospects despite the slowing economy.
Request a Complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-gb-376
Smart Water Bottle Market Competitive Landscape
Companies operating in the global smart water bottle market are aiming to expand their product portfolio by providing customer with new designs, light-weight, and highly efficient smart water bottles. They also are investing towards R&D for product development. For instance:
In 2021, Botell- had launched a next generation of water bottles featuring a glowing flashlight to remind the user to drink and it keeps track of how much more water is needed to stay hydrated throughout the day.
Leading manufacturers of smart water bottle are focusing on aggressive promotional strategies, advertisements, and new product launches to drive sales of smart water bottle globally.
Some of the companies operating in the smart water bottle market are Caktus, Inc., Ecomo, Groking Lab, Ltd., Hidrate, Inc., Open-2, Moikit, Thermos LLC., Trago, Inc., Hydra Coach, Inc., Lifefuels, Inc., among others.
Get More Valuable Insights’s
Future Market Insights, in its new offering, provides an unbiased analysis of the global smart water bottle market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the smart water bottle market based on the type (polymer, metal, others), price range (Below US$20, US$20-US$40, US$40-US$60, Above US$60), sales channel (direct sales and indirect sales) across each of the seven areas across seven major regions.
Get Customization in the Report, Enquire Now @ https://www.futuremarketinsights.com/customization-available/rep-gb-376
Explore FMI’s Extensive Coverage on Consumer Product Domain
Consumer Electronics Market: The global consumer electronics market to expand at a CAGR of 5.6% through 2031
Waterless Cosmetics Market: The waterless cosmetics sales are set to grow at a 13.3% CAGR between 2021 and 2031
Skin Care Devices Market: The skin care devices sales are set to grow at a 15.0% CAGR between 2021 and 2031
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Corporate Headquarter
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
Report: https://www.futuremarketinsights.com/reports/smart-water-bottle-market
Press Release Source: https://www.futuremarketinsights.com/press-release/smart-water-bottle-market
Explore more articles in the Research Reports category
