Smart Water Bottle Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2024-2032F Segmented By Type (Metal, Polymer and Others (Glass, Steel etc.)), By Component (Inbuilt, Hardware and Hydration Tracking Application), By Distribution Channel (Hypermarkets/ Supermarkets, Multi-Branded, Exclusive Stores, Online, Others (Direct Sales and Distributor/Dealers etc.)), By Region, Com

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format

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Smart Water Bottle Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2024-2032F Segmented By Type (Metal, Polymer and Others (Glass, Steel etc.)), By Component (Inbuilt, Hardware and Hydration Tracking Application), By Distribution Channel (Hypermarkets/ Supermarkets, Multi-Branded, Exclusive Stores, Online, Others (Direct Sales and Distributor/Dealers etc.)), By Region, Com

The Global Smart Water Bottle Market is anticipated to project robust growth in the forecast period due to increasing disposable income, changing lifestyles, and increasing standard of living. Using technologically advanced smart features is a prominent trend anticipated to affect new product launches throughout the projected period.

Technologically advanced bottles called “smart bottles” feature wireless communication capabilities for establishing connections with electronic devices, such as wearables or smartphones, and a simulated memory that may provide alarms via a sound system or display. The human body’s hydration level can be updated using smart water bottles, also called interactive water bottles. A smart water bottle has an electronic sheet that records the user’s age and weight. Using this data, the bottle may track the water consumed over time and notify the user to drink more water before dehydrating.

According to the lay press, 75% of Americans are chronically dehydrated. While this is not supported by medical literature, dehydration is common in elderly patients. It has been reported to occur in 17% to 28% of older adults in the United States. Dehydration is a frequent cause of hospital admission.

Increasing Health Consciousness Will Fuel the Market Growth

Let's face it, our crazy lives, lack of exercise, and questionable food choices are making us less healthy. And you know what's driving the demand for those fancy smart bottles at the gym? They're the new cool workout accessory, plain and simple. The fitness world's been a rollercoaster since COVID, but it's fighting to stay alive. Think about thisin 2021, over 66 million Americans (that's more than one in five!) were hitting up gyms and fitness studios. People just can't seem to quit their in-person workouts, which is pretty clear from this International Health, Racquet, and Sportsclub Association (IHRSA) data. This shows a 3.6% jump in two years and highlights how much folks crave that gym community vibe. As we keep putting our health first and throwing money at gyms and other fitness goodies, expect the market for smart water bottles to really take off.

Advancement in Technology Will Boost Market Growth

For instance, two new HidrateSpark intelligent water bottles that let users connect their water intake with the Apple Health app are being sold by tech giant Apple.


MIR Segment1

Increasing Internet Penetration Will Fuel the Market Growth

With more and more people around the world getting online thanks to smartphones and affordable mobile data, we're seeing a big push for things like smart water bottles. Think about itmore folks are using mobile internet every day! Whether it's on their PCs, tablets, or even just their cellphones, being connected makes it easy to remotely manage these bottles. And with internet users growing by about 4% each year (that's 196 million new people joining the online world!), the numbers are only going up. Back in 2022, a whopping 4.9 billion people – that's 69% of the world's population! – were active internet users. So, it makes sense that this growing internet penetration will drive demand for smart water bottles, especially through online sales channels. It's all connected, see? Stay hydrated!

Market Segmentation

The smart water bottle market is segmented by type, component, and by distribution channel. Based on type, the market is segmented into metal, polymer, and others (glass, steel, etc.). The market is further divided into Inbuilt, hardware, and hydration tracking application, based on components. Based on distribution channels, the market is fragmented into hypermarkets/ supermarkets, multi-branded, exclusive retailers, online, and others (direct sales and distributor/dealers, etc.). The region's market is segmented into North America, Asia-Pacific, Europe, Middle East & Africa, and South America.

Company Profiles

Hidrate Inc, Ecomo Inc., LifeFuels, Koninklijke Philips N.V., UBO-Technologies, LLC (CrazyCap), TYLT Inc., LARQ, Thermos L.L.C., SDI Technologies Inc. (Aquio), and Monos Travel Ltd., are

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

Type

Component

Distribution Channel

Region

Regional Scope

North America, Europe, Asia-Pacific, Middle East & Africa and South America

Country Scope

United States; Canada; Mexico; Germany; France; United Kingdom; Italy, Spain; China; India; Japan; South Korea; Indonesia; Vietnam; Saudi Arabia; UAE; South Africa; Turkey; Brazil; Argentina; Colombia;

Key Companies Profiled

Hidrate Inc, Ecomo Inc., LifeFuels, Koninklijke Philips N.V., UBO-Technologies, LLC (CrazyCap), TYLT Inc., LARQ, Thermos L.L.C., SDI Technologies Inc. (Aquio), and Monos Travel Ltd.

Customization Scope

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