Smart Bottle Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR70303
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The smart bottle market size has the potential to grow by USD 120.74 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 13.65%. 

This report provides a detailed analysis of the market by application (smart water bottle, smart pharmaceutical bottle, smart alcoholic beverage bottle, and smart baby feeding bottle), geography (North America, Europe, APAC, South America, and MEA), and key vendors. 

Market Overview

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • AdhereTech
  • Caktus Inc.
  • Ecomo Inc.
  • Hidrate Inc.
  • Pillsy
  • Thermos LLC
  • TRAGO
  • Open-2 LLC

 

The smart bottle market is concentrated and the vendors are deploying growth strategies such as technological advancements to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as surge in IoT to achieve growth opportunities. However, factors such as increased cost of smart bottles will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the smart bottle market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This smart bottle market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Smart Bottle Market: Key Drivers and Trends

  • Smart products are connected with several products to enable one-to-one communication through IoT technologies.
  • IoT technologies connect the creator of product and the consumer to obtain real-time information about the usage. 
  • Smart water bottles record the amount of water through the weight sensor installed inside the bottle. 
  • The water bottles with measurements use IoT technology to connect with smart devices equipped with the app to acquire the usage information.
  • IoT technology is being incorporated in fine liquor bottles and healthcare bottles to send real-time updates and messages to consumers. 
  • The growing consumption of bottled water is one of the key smart bottle market trends.
  • Consumers are increasingly demanding for bottled water, with additional emphasis on health, taste, convenience, and designs.
  • Consumers increasingly prefer bottled water owing to the improved taste and high-quality. 
  • Developed and developing countries are at high risk of attracting waterborne diseases and are witnessing scarcity of tap water.

 

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Smart Bottle Market: Segmentation by Geography

Smart-Bottle-Market-Market-Share-by-Region-2020-2025

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49% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for smart bottle in North America. Market growth in this region will be slower than the growth of the market in APAC.

The presence of several established smart bottle vendors is one of the prime factors that will facilitate the smart bottle market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Smart Bottle Market: Segmentation by Application

Smart-Bottle-Market-Market-Share-by-Application-2020-2025

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Smart water bottles are helpful for those who struggle to keep up with their hydration needs. By using smart 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. Therefore, the growth of the market segment is expected to be significant during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the smart bottle market size.

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Smart Bottle Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive smart bottle market growth during the next five years
  • Precise estimation of the smart bottle market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the smart bottle industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of smart bottle market vendors

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Smart Bottle Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 14%

Market growth 2021-2025

$ 120.74 million

Market structure

Concentrated

YoY growth (%)

11.45

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 49%

Key consumer countries

US, Germany, UK, China, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AdhereTech, Caktus Inc., Ecomo Inc., Hidrate Inc., Pillsy, Thermos LLC, TRAGO, and Open-2 LLC

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five Forces Analysis
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Smart water bottle - Market size and forecast 2020-2025
    • Smart pharmaceutical bottle - Market size and forecast 2020-2025
    • Smart alcoholic beverage bottle - Market size and forecast 2020-2025
    • Smart baby feeding bottle - Market size and forecast 2020-2025
    • Impact of COVID-19 pandemic and recovery by application segment
    • Market opportunity by Application

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor Landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • AdhereTech
      • Caktus Inc.
      • Ecomo Inc.
      • Hidrate Inc.
      • Pillsy
      • Thermos LLC
      • TRAGO
      • Open-2 LLC

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
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      The smart bottle market growth will increase by $120.74 million during 2020-2025.
      The smart bottle market is expected to grow at a CAGR of 13.65% during 2020-2025.
      Technavio has segmented the smart bottle market by application (Smart water bottle, Smart pharmaceutical bottle, Smart alcoholic beverage bottle, and Smart baby feeding bottle) and geographic (North America, Europe, APAC, South America, and MEA).
      AdhereTech, Caktus Inc., Ecomo Inc., Hidrate Inc., Pillsy, Thermos LLC, TRAGO, Open-2 LLC are a few of the key vendors in the smart bottle market.
      North America will register the highest growth rate of 49.25% among the other regions. Therefore, the smart bottle market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the smart bottle market growth are:
      • Surge in IoT
      The smart bottle market vendors should focus on grabbing business opportunities from the smart water bottle segment as it accounted for the largest market share in the base year.
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