Smart
bottles are one of the most exciting objects to make their
way into the world of smart technologies in recent times. From
innovative water bottles that tracks user’s water consumption, to
smart medical pill bottles that remind patients to take their
medicines, to innovative alcohol bottles that can help consumers
ensure authenticity of the product, many innovations are changing
consumer perception of products as simple as bottles. The global
market has witnessed numerous examples of how making products smart
can enhance consumer experiences. Phones, cars, electronics, cities,
or even mundane objects such as toothbrushes are being made ‘smart’
by the integration of sensors and modes of digital communication.
In addition, the
demand for smart products is rising in the market. The accelerating
trend of adopting smart technologies is expected to benefit the
global market for smart bottles. Looking at the launch of various
interesting products in the market, it can be said that the global
smart bottles market would become an important sector of the smart
technologies arena soon.
The report on smart
bottles market provides readers a snapshot of the current state of
the market and elaborates the major factors that will influence its
growth through the period 2016-2024. The report includes a detailed
overview of the key product types, major application areas, and
growth prospects across key regional markets. An overview of
technological developments witnessed in the market in recent times is
also included in the report, along with an overview of the regulatory
scenario and its impact on the market’s development. The research
report highlights the micro- and macro-economic factors that business
leaders should keep in mind to excel and gain a competitive edge in
the market.
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Global Smart
Bottle Market: Trends and Opportunities
Though still in its
infancy, many innovative smart bottle designs have hit the market in
recent years. Some of the key application areas traversed by the
market till now are healthcare, consumer goods, and food and
beverages.
Smart bottles for
the healthcare sector have been around for the longest period of
time. A variety of smart pill containers are available in the market
that help solve the issue of medical non-adherence by reminding
patients to take medications correctly and on time. Some smart pills
bottles track and/or upload data about when the bottles were opened,
and also provide analysis about the same.
In the consumer
goods segment, smart alcohol, water, and milk bottles are
increasingly becoming popular. Only recently, the alcohol brand
Johnnie Walker introduced a smart bottle that sends personalized
messages to customers and can be tracked across the supply chain,
right from the point of production to consumption at the consumer
end. Likewise, the recently launched smart milk bottles are fitted
with sensors that can monitor if the infant is swallowing milk or
not. Smart water bottles introduced in the market are helping
consumers track the amount of water they are drinking.
These are only few
examples of the seemingly endless ways in which smart bottles can be
put to innovative use. Over the report’s forecast period, the
global smart bottle market is expected to see rising demand for
products across diverse application areas. The healthcare and food
and beverages segments are expected to show the most lucrative growth
opportunities.
Global Smart
Bottle Market: Region-wise Outlook
Regions such as
North America and Europe are currently leading the global smart
bottle market. Consumers in cost-sensitive developing regional
segments such as Asia Pacific and Latin America are expected to be
slightly unreceptive to the relatively costly products. Nevertheless,
the food and beverages and healthcare sectors in these regions will
drive the demand for innovative smart bottles over the report’s
forecast period.
The report offers a
comprehensive evaluation of the market. It does so via in-depth
qualitative insights, historical data, and verifiable projections
about market size. The projections featured in the report have been
derived using proven research methodologies and assumptions. By doing
so, the research report serves as a repository of analysis and
information for every facet of the market, including but not limited
to: Regional markets, technology, types, and applications.
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