Smart Water Bottle Market Worth $48.7 Million By 2025 | CAGR: 25.7%
The global smart
water bottle market is projected to reach USD 48.7 Million by 2025,
according to a new report by Grand View Research, Inc. The increasing awareness
for adequate water intake among people of various age groups is anticipated to
fuel the market growth.
Recent technological advancements
have resulted in the implementation of technologies such as Internet of Things
(IoT) and Artificial Intelligence (AI) in water bottles. These technologies
provide information to users regarding their hydration level and intervals of
water intake. Many companies have developed several mobile applications that provide
personalized daily hydration goals to users.
The hydration tracking apps
segment is expected to witness lucrative growth over the forecast period owing
to the large-scale adoption of smartphones, fitness trackers, and various smart
devices. Many smart water bottles include smart caps and sensor bands that are
compatible with any regular bottles, thereby increasing the demand for the
hardware segment.
The intelligent water
bottles are expected to reduce the plastic waste generated across the globe, as
these bottles are reusable and made of Bisphenol A (BPA) - free polymer
material such as Tritan. The use of Tritan in manufacturing interactive bottles
is anticipated to boost the demand for the bottles owing to their light weight
and durable properties.

Comments
Post a Comment