Smart Water Bottle: For Personalized Hydration & Fitness Goals

Smart water bottles are manufactured using wireless communication technologies in order to connect them with wearable devices and smartphones, thereby setting personalized hydration goals. Connected mobile apps provide information to the user regarding daily hydration levels and required water intake. The bottles are distributed through many online and offline distribution channels. Smart bottles are manufactured using different types of materials such as metals, polymers and other.

Metal Materials to Witness High Growth Due to BPA-free Properties

In 2016, polymer segment accounted for the largest share due to its lightweight and durability properties. Polymers are expected to have high demand during the forecast period (from 2018 to 2025). This growth is attributed to the fact that the bottles made up of polymer help in upholding the temperate of the fluid stored as the material doesn’t allow quick heat transfer.

The smart bottles are anticipated to cut the plastic waste across the world by using Bisphenol A (BPA)-free polymer material called ‘Tritan’. The use of this material in the manufacturing of interactive water bottles will further boost the segment development. Groking Lab recently introduced a limited edition of smart water bottle called Ozmo Active. Its inner body is BPA-free. The new bottles connect to an app through Bluetooth to achieve personalized hydration and fitness goals.

The metal segment is expected to grow at a CAGR of 23.4 % during the forecast period on account of its BPA-free properties. However, the metal segment may lose market share over the coming years owing to its properties such as heavy weight and change of taste of the stored water.

Market Overview

According to Grand View Research, Inc.; the worldwide smart water bottle market is expected to reach at USD 48.7 million by 2025 growing at a CAGR of 25.7 % from 2018 to 2025. Growing awareness regarding fitness and health, increased disposable income, and enhanced standard of living are the primary factors driving the market expansion. In addition, various technological developments and implementation of advanced technologies such as Artificial Intelligence (AI) can further propel the market growth in the coming years. Prominent companies in the market include Hidrate Inc.; Trago, Inc.; Out of Galaxy, Inc.; HydraCoach, Inc.; and Caktus, Inc.

Visit @ https://www.grandviewresearch.com/industry-analysis/smart-water-bottle-market