Smart water bottles are technologically advanced bottles that guide users to consistently drink appropriate amounts of water to maintain their hydration levels. These water bottles notify the user on how much water one must intake, and are widely used by athletes for pre and post workout sessions.

Increasing health consciousness coupled with increasing adoption of smart water bottles in developed and in some developing economies are the major factors driving the growth of global smart water bottle market. On the other hand, high costs associated with smart water bottles is a major factor hampering the growth of the global smart water bottle market.

On the basis of by distribution channel the global smart water bottle market is segmented into offline and online The offline segment is anticipated to witness significant growth over the forecast period, and is expected to register a CAGR of XX.X%. Also, online segment is projected to witness moderate growth over the forecast period.

The global smart water bottle market report has been segmented on the basis of type, components, distribution channels, and region. On the basis of region, the global smart water bottle market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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The market in North America accounted for highest share in terms of revenue in the global market, and is projected to maintain its dominance over the forecast period. This can be attributed to increasing adoption of smart water bottles in the region. Revenue from the market in Europe accounted for second-highest share and is closely followed by the markets in Asia Pacific, Latin America, and Middle East & Africa respectively. This is attributed to high disposable income and increasing preference for leading a healthy lifestyle in the region. Furthermore, the market in Asia Pacific is projected to witness significant growth over the forecast period, and is expected to register a CAGR of XX.X%. This can be attributed to increasing government initiatives to increase awareness about various technologies and supporting reuse of products in countries in the region. Also, the markets in Latin America and Middle East & Africa are projected to witness moderate growth over the forecast period.

Prominent players in the global smart water bottle market include Caktus, Inc., Ecomo, Groking Lab Limited, Hidrate Inc., HydraCoach, Inc., Moikit, Open-2, LLC, Out of Galaxy, Inc., Thermos L.L.C., and Trago, Inc.

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