Global Smart Bottle Industry was valued at USD 94.62 Million in the year 2017. Global Smart Bottle Industry is further estimated to grow at a CAGR of 16.31% from 2018 to reach USD 317.10 Million by the year 2025.
North America region holds the highest Industry share in 2017 and European Industry is considered as the fastest growing Industry in the forecasted period. At a country level, developed industry like the U.S.
as well the emerging industry like UK & Germany hold a notable Industry share in 2017 and are projected to grow at a gradual rate in the coming years.
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The major players in Smart Bottle Industry are Thermos L.L.C., Myhydrate, Kuvee Inc., AdhereTech Inc., Trago Inc., Sippo, Spritz Inc. and other 11 more companies information is provided in research report.
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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SWOT Analysis of Smart Bottle Industry
Increasing demand for smart technology from developed and developing countries
High production cost & uninterrupted raw material supply
Growing health awareness
An inclination of end users towards using high tech products
High chances of duplicity from unorganized manufacturers
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 Industry share during the forecast period.
Smart Bottle industry Overview By Application
Alcoholic Beverage Bottle
Smart Bottle industry Overview By Mode of Distribution
Smart Bottle industry Overview By Region
- • USA
- • Canada
- • Germany
- • U.K.
- • France
- • Italy
- • Rest of Europe
- • China
- • India
- • Japan
- • Rest of Asia-Pacific
- • Latin America
- • Middle East & Africa
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