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NEW YORK, July 1, 2022 /PRNewswire/ — The “Smart Bottle Market by Application and Geography – Forecast and Analysis 2021-2025” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the smart bottle market between 2020 and 2025 is USD 120.74 millionas per the latest market analysis report by Technavio. The report predicts the market to witness an accelerating growth momentum at a CAGR of 13.65% during the projected period. The surge in IOT has been an influential factor driving the market’s growth. In addition, the increasing consumption of bottled water is another factor supporting the global smart bottle market share growth. However, the increased cost of smart bottles will be a major threat for the global smart bottle market share growth during the forecast period.
For insights on the key factors impacting the market, View Report Sample
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Smart Bottle Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 13.65% |
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Market growth 2021-2025 |
$120.74 million |
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Market structure |
Concentrated |
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YoY growth (%) |
11.45 |
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Regional analysis |
North America, Europe, APAC, South America, and MEA |
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Performing market contribution |
North America at 49% |
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Key consumer countries |
US, Germany, UK, China, and Japan |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
AdhereTech, Caktus Inc., Ecomo Inc., Hidrate Inc., Pillsy, Thermos LLC, TRAGO, and Open-2 LLC |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
For additional takeaways on the market scope and parent market analysis, Retrieve Sample Report Copy
Market Segment Highlights:
Revenue-generating Segment Insights
- Smart water bottle: The smart water bottle segment held the largest market share in 2020. The segment will continue to account for the highest revenue …
Full story available on Benzinga.com
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