The
global smart bottle market is expected to witness a significant CAGR of 14.75%
during the forecast period. A smart bottle is a game-changing innovation that
addresses more on efficiency and customer experience. Technically, a smart
bottle comprises two components. Electrical component contains the circuitry
for power, microcontroller unit, and Bluetooth connectivity. The mechanical
unit functions as the locking mechanism of the bottle. There are certain unique
features and advantages associated with its use.
Firstly,
from the medicine perspective, the push notification sent over patient’s
smartphone serves as an active reminder to take his medicines accordingly. The
notifications stop coming only when the user unlocks his bottle only to avoid
the possibility of forgetting to take medications for a longer period.
Secondly, every “unlock” operation of the bottle enables the user to log the
event of the medicine taken. This information gets stored on the server and is
available to the pharmacist through his app. Lastly, the user’s information
cannot be misused by pharmacist and is protected via authentic credentials of
user.
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The
smart bottle market is driven by rising demand for smart bottles in
pharmaceuticals and alcoholic beverages. Technological advances such as
implementation of AI and IoT are likely to boost the market growth during the
forecast period. Several companies are now coming up with mobile applications
that help users with easy of storage and display proper nutrition levels
present in the fluid.
In
addition, market growth is highly influenced by the rise in awareness regarding
environmental hazards caused by plastics. Extensive research and development
are likely to contribute significantly to the global market scenario to gain a
notable rise. The market is segmented by type into glass bottles and plastic
bottles. By application, market is segmented into water bottle, pharmaceutical bottle
and alcoholic beverage bottle. Geographical segmentation for the market spans
North America, South America, Europe, Asia-Pacific, Middle East and Africa.
Market Segment:
The various contributors involved in the
value chain of Smart Bottle include manufacturers, suppliers, distributors,
intermediaries, and customers. The key manufacturers in the Smart Bottle
include
•
Adheretech
•
Kuvee
•
Trago
•
Thermos
•
Hidrate
•
Ecomo
•
Sippo
•
HYDRASMART
Market size split by Region
•
North America
•
United States
•
Canada
•
Mexico
•
Asia-Pacific
•
China
•
India
•
Japan
Table of Contents
1
Report Overview
2
Product Type Market
3
Product Application Market
4
Manufacturers Profiles/Analysis
5
Market Performance for Manufacturers
6
Regions Market Performance for Manufacturers
7
World Market Performance Point
8
Development Trend for Regions and Countries (Sales Point)
9
Upstream Source, Technology and Cost
10
Channel Analysis
11
Consumer Analysis
12
Market Forecast
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