Smart Bottle Market Forecasts to 2028 – Global Analysis By Material (Glass, Plastic), Application (Smart Alcoholic Beverage Bottle, Smart Water Bottles), End User (Pharmaceutical, Food & Beverages, Sports), and By Geography
According to Stratistics MRC, the Global Smart Bottle market is accounted for $91.00 million in 2020 and is expected to reach $302.47 million by 2028 growing at a CAGR of 16.2% during the forecast period. Some of the key factors propelling the market growth include rising demand of advanced gadgets, rising awareness among users regarding maintaining proper hydration levels, high acceptance rate in pharmaceutical industry, rising disposable income of the people, improved standard of living along with growing concern regarding weight loss, fitness and health consciousness, and rising awareness about maintaining health and fitness. However, the high cost of smart bottles is likely to hinder growth of the market.
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. It measures and keep the hydration goals attained. It also contains temperature sensors, freshness timers, drinking reminders, and regular hydration indicators. 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.
By application, the smart water bottles segment is expected to grow at the significant rate during the forecast period, due to its rising use from health conscious people. Smart water bottles are helpful for those who struggle to keep up with their hydration needs. By using these bottles, one can ensure that his/her water intake is just right every day. It is important to consume the right amount of water every day of the week, and with smart bottles, users can make sure he/she is able to do so no matter the location and time. Moreover, these bottles are Wi-Fi and Bluetooth enabled, which track the hydration needs of the end-users.
On the basis of geography, Asia Pacific region is projected to be the most promising region for increasing the smart bottles market, as some smart bottle manufacturers are investing in this region. Substantial increase in e-commerce and rising acceptance for smart technologies and devices in the Asia Pacific helped in drawing the attention of global smart bottle manufacturers. The region is expected to attract investments from smart bottle manufacturers particularly targeting the growth opportunities arising from the thriving e-commerce industry.
Some of the key players in Smart Bottle Market include Adheretech Inc., Ecomo Inc., Open-2 LLC, Pillsy, Thermos LLC, Caktus Inc., Trago, Inc, Hidrate Inc., Kuvee, Inc., Sippo, HydraCoach Inc., Out of galaxy, Indiegogo, Inc., and Myhydrate.
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Report Coverage |
Details |
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Published Year: |
2021 |
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Estimated Market Size in 2020: |
USD 91.00 million |
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Estimated Period: |
2020 |
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Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
16.2% |
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Predicted 2028 Value: |
USD 302.47 million |
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Forecast Years: |
2021-2028 |
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Tables, Graphs & Figures |
193 |
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Chapters Covered: |
Technology, Material, Capacity, Component, Application, Distribution Channel, and End User |
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Core Drivers and Opportunities: |
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Restraining Factors & Market Threats: |
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Technologies Covered:
• Sensors
• Lights
• In-Built
Materials Covered:
• Stainless Steel
• Glass
• Plastic
• Flexible Films
• Metal
• Polymer
Capacities Covered:
• Above 1,500 ML
• 500 ML – 1,500 ML
• Up to 500 ML
Components Covered:
• Software
• Hardware
Applications Covered:
• Smart Alcoholic Beverage Bottle
• Smart Water Bottles
• Smart Pharmaceutical Bottles
• Smart Baby Feeding Bottle
Distribution Channels Covered:
• Offline
• Online
End Users Covered:
• Pharmaceutical
• Food & Beverages
• Sports
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Smart Bottle Market is majorly driven by rising demand for smart bottles in pharmaceuticals and alcoholic beverages, technological advances such as implementation of AI and IoT, and rising awareness about maintaining health and fitness.
The smart water bottles segment is growing at a highest CAGR owing to growing acceptance of smart water bottles from health-conscious people, availability in various shapes, sizes, and colors, rising per capita income, and increasing adoption of advanced technologies.
North America dominated with a significant market share due to its technological advancements, the presence of major industry participants in United States, rise in demand for innovative products, and presence of technological startups with a zeal for software management & apps.
Asia Pacific market is growing at a highest CAGR owing to rise in environmental awareness, increasing demand in the emerging economies can be attributed to initiatives such as Digital India, Make in India, among others, and favourable market conditions for automation technologies.
Key players in Smart Bottle Market include Adheretech Inc., Ecomo Inc., Open-2 LLC, Pillsy, Thermos LLC, Caktus Inc., Trago, Inc, Hidrate Inc., Kuvee, Inc., Sippo, HydraCoach Inc., Out of galaxy, Indiegogo, Inc., and Myhydrate.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Smart Bottle Market, By Technology
5.1 Introduction
5.2 Sensors
5.3 Lights
5.4 In-Built
6 Global Smart Bottle Market, By Material
6.1 Introduction
6.2 Stainless Steel
6.3 Glass
6.4 Plastic
6.5 Flexible Films
6.6 Metal
6.7 Polymer
7 Global Smart Bottle Market, By Capacity
7.1 Introduction
7.2 Above 1,500 ML
7.3 500 ML – 1,500 ML
7.4 Up to 500 ML
8 Global Smart Bottle Market, By Component
8.1 Introduction
8.2 Software
8.3 Hardware
9 Global Smart Bottle Market, By Application
9.1 Introduction
9.2 Smart Alcoholic Beverage Bottle
9.3 Smart Water Bottles
9.4 Smart Pharmaceutical Bottles
9.5 Smart Baby Feeding Bottle
10 Global Smart Bottle Market, By Distribution Channel
10.1 Introduction
10.2 Offline
10.3 Online
11 Global Smart Bottle Market, By End User
11.1 Introduction
11.2 Pharmaceutical
11.3 Food & Beverages
11.4 Sports
12 Global Smart Bottle Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 New Zealand
12.4.6 South Korea
12.4.7 Rest of Asia Pacific
12.5 South America
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Chile
12.5.4 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 UAE
12.6.3 Qatar
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa
13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies
14 Company Profiling
14.1 Adheretech Inc.
14.2 Ecomo Inc.
14.3 Open-2 LLC
14.4 Pillsy
14.5 Thermos LLC
14.6 Caktus Inc.
14.7 Trago, Inc
14.8 Hidrate Inc.
14.9 Kuvee, Inc.
14.10 Sippo
14.11 HydraCoach Inc.
14.12 Out of galaxy
14.13 Indiegogo, Inc.
14.14 Myhydrate
List of Tables
1 Global Smart Bottle Market Outlook, By Region (2019-2028) ($MN)
2 Global Smart Bottle Market Outlook, By Technology (2019-2028) ($MN)
3 Global Smart Bottle Market Outlook, By Sensors (2019-2028) ($MN)
4 Global Smart Bottle Market Outlook, By Lights (2019-2028) ($MN)
5 Global Smart Bottle Market Outlook, By In-Built (2019-2028) ($MN)
6 Global Smart Bottle Market Outlook, By Material (2019-2028) ($MN)
7 Global Smart Bottle Market Outlook, By Stainless Steel (2019-2028) ($MN)
8 Global Smart Bottle Market Outlook, By Glass (2019-2028) ($MN)
9 Global Smart Bottle Market Outlook, By Plastic (2019-2028) ($MN)
10 Global Smart Bottle Market Outlook, By Flexible Films (2019-2028) ($MN)
11 Global Smart Bottle Market Outlook, By Metal (2019-2028) ($MN)
12 Global Smart Bottle Market Outlook, By Polymer (2019-2028) ($MN)
13 Global Smart Bottle Market Outlook, By Capacity (2019-2028) ($MN)
14 Global Smart Bottle Market Outlook, By Above 1,500 ML (2019-2028) ($MN)
15 Global Smart Bottle Market Outlook, By 500 ML – 1,500 ML (2019-2028) ($MN)
16 Global Smart Bottle Market Outlook, By Up to 500 ML (2019-2028) ($MN)
17 Global Smart Bottle Market Outlook, By Component (2019-2028) ($MN)
18 Global Smart Bottle Market Outlook, By Software (2019-2028) ($MN)
19 Global Smart Bottle Market Outlook, By Hardware (2019-2028) ($MN)
20 Global Smart Bottle Market Outlook, By Application (2019-2028) ($MN)
21 Global Smart Bottle Market Outlook, By Smart Alcoholic Beverage Bottle (2019-2028) ($MN)
22 Global Smart Bottle Market Outlook, By Smart Water Bottles (2019-2028) ($MN)
23 Global Smart Bottle Market Outlook, By Smart Pharmaceutical Bottles (2019-2028) ($MN)
24 Global Smart Bottle Market Outlook, By Smart Baby Feeding Bottle (2019-2028) ($MN)
25 Global Smart Bottle Market Outlook, By Distribution Channel (2019-2028) ($MN)
26 Global Smart Bottle Market Outlook, By Offline (2019-2028) ($MN)
27 Global Smart Bottle Market Outlook, By Online (2019-2028) ($MN)
28 Global Smart Bottle Market Outlook, By End User (2019-2028) ($MN)
29 Global Smart Bottle Market Outlook, By Pharmaceutical (2019-2028) ($MN)
30 Global Smart Bottle Market Outlook, By Food & Beverages (2019-2028) ($MN)
31 Global Smart Bottle Market Outlook, By Sports (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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