A recent market intelligence report that is published by Data Insights Partner on the global Smart Water Bottle Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Smart Water Bottle Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Smart Water Bottle Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Smart Water Bottle Market is offered. In accordance with the report, the global Smart Water Bottle Market is projected to expand at a CAGR of 20.23% over the period of forecast.
Market Insight, Drivers, Restraints& Opportunity of the Market:
The global Smart Water Bottle Market is growing at an accelerating pace and is expected to attain commendable growth in the forecast period. Smart Water Bottles also known as interactive water bottles are used to understand the hydration level in the body. It has an embedded chip which supplies data to an app, through which it updates the consumers to intake water before the body gets dehydrated through the information collected by it.
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The key drivers that maximize the growth of global Smart Water Bottle Market is the increasing preference of consumers for sophisticated gadgets, high purchasing power, health consciousness and ready acceptance to technologically advanced products, especially among millennials. This system is very useful for consumers who lead a very busy and hectic life, sportsmen, people working outdoors like sites & field and especially those who tend to forget drinking water like the elderly and school children. Smart Water bottles are designed in a way that can be easy to hold and help in preventing spillage.
However, the high cost associated with smart bottles & limited battery life are the major challenges that affects the growth of global Smart Water Bottle market. Additionally, there has been a lack of awareness about the product amongst the consumers especially in developing regions, which is yet another factor that hampers the growth of this market.
At present, the maximum share of revenue of Smart Water Bottle market is captured by North America and is anticipated to dominate over the forecast period. European region also expected to grow considerably and is anticipated to be the second largest market in the coming years. A lot of manufacturers are entering the market by adopting different strategies, and enhancing their market position and increasing their distribution network which will further help in accelerating the demand of Global Smart Water Bottle market.
This market intelligence report on the global Smart Water Bottle Market encompasses market segments based on type, component, distribution and country/region.
In terms of type, the global Smart Water Bottle Market is segregated into
ü Stainless Steel
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By component, the global Smart Water Bottle Market is also classified into,
- Inbuilt Smart Water Bottle
- Hardware Smart Water Bottle
- Hydration Tracking App
By distribution, the global Smart Water Bottle Market is also classified into,
- Online distribution channels
ü Hypermarkets & Supermarkets
ü Convenience Store
ü Electric Stores
ü Departmental Store
By country/region, the global Smart Water Bottle Market has been divided into
- North America (the U.S., Canada),
- Latin America (Brazil, Mexico, Argentina and other countries),
- Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
- Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
- Middle East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as
- Caktus Inc.
- Aheretech Inc.
- Groking Lab Limited
- Hidrate Inc.
- Hydracoach Inc.
- Open – 2 LLC
- Out of Galaxy Inc.
- Thermos LLC
- Trago Inc.
Others players have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Smart Water Bottle related investment & spending and developments by major players of the market are tracked in this global report.
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter's five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2017-2027. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Ø This study offers comprehensive yet detailed analysis of the Smart Water Bottle Market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking into account 2018 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, launch of new products, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world Smart Water Bottle Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø Leading market players covered this report comprise names such as Caktus Inc., Adheretech Inc., Ecomo, Groking Lab Ltd, Hidrate Inc., Hydracoach Inc., Moikit, Spritz, Myhydrate, Open-2 LLC, Kuvee, Sippo, Hydrasmart, Out of Galaxy Inc., Thermos LLC, Trago Inc. among others.
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of products, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Smart Water Bottle Market caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Smart Water Bottle Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
Reasons to buy:
v Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the Smart Water Bottle Market
v Identification of key factors driving investment opportunities in the Smart Water Bottle Market
v Facilitate decision-making based on strong historic and forecast data
v Position yourself to gain the maximum advantage of the industry’s growth potential
v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
v Identify key strengths and weaknesses of important market participants
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