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Detailed examination of the smart bottle market to reach US$ 234.36 million by 2023

Consumer Market Research

The Professional Report Smart Bottle Market Published by Genesis Market Insights. The Smart Bottle Market Report covers in detail information of Global Strategies, market figures, Regional analysis and others. The report is easier to make a decision and can cover the required assessment and helps to drive the stronger business.

GLOBAL SMART BOTTLE MARKET Make an Inquiry about this news was valued at USD 94.63 Million in the year 2017. Global Smart Bottle Market is further estimated to grow at a CAGR of 16.32% from 2018 to reach USD 234.36 Million by the year 2023.

North America region holds the highest market share in 2017 and European Market is considered as the fastest growing market in the forecasted period. At a country level, developed markets like the U.S.

as well the emerging markets like UK & Germany hold a notable market share in 2017 and are projected to grow at a gradual rate in the coming years.

Thermos L.L.C., Trago, Inc., Myhydrate, Kuvee, Inc., AdhereTech Inc., Sippo, Spritz Inc. are some of the key players in the Smart Bottle Market.

Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top manufacturers in recent years.

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Drivers:

             Increasing demand for smart technology from developed and developing countries

Restraints:

             High production cost & uninterrupted raw material supply

Opportunities:

             Growing health awareness

             An inclination of end users towards using high tech products

Challenges:

             High chances of duplicity from unorganized manufacturers

Segmentation on the basis of Application includes Alcoholic Beverage Bottle, Water Bottle & Pharmaceutical Bottle of which the Water Bottle segment is expected to hold the highest market share during the forecast period.

The Water Bottle segment is also expected to grow at the highest CAGR during the year 2018-2023.

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Key Benefits for Stakeholders

Smart Bottle Manufacturers, Distributors and Retailers

Research and Consulting organization

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policy actors, and consumers.

By Application

Alcoholic Beverage Bottle

Water Bottle

Pharmaceutical Bottle

By Mode of Distribution

Offline

Online

By Region

North America

Europe

Asia-Pacific

ROW

Key Market Players

Thermos L.L.C.

Trago, Inc.

Myhydrate

Kuvee, Inc.

AdhereTech Inc.

Sippo

Spritz Inc.

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News From

Genesis Market InsightsGenesis Market Insights
Category: Market Research Publishers and RetailersCompany about: Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across the globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in-house data validation tools, ...
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