Electric water bottle is a product for general wellness. It is a substitute product for conventional rubber bottle which was filled with hot water by the end-user itself. The key difference between traditional rubber bottle and the advanced electric water bottle is that the later ones can heat the water itself with the help of electricity. There are two types of electric water bottle of which one is filled with special gel while the other is filled with water. One can fill cold water in the electric water bottle with the aid of a nozzle that comes with the bottle. If this is done, users just have to plug electricity into the bottle. After the use of the bottle the water can be drained out or can be kept for further use. Those that are packed with gel come with a heating system that heats the gel when it is attached to the electricity. As the gel is heated quickly and the gel has high heat dissipation, it helps the electric water bottle to remain warm for longer duration. These bottles are also puncture-proof.
COVID-19 Scenario Analysis:
COVID-19 outbreak has shaken the whole economy in the world. In this scenario some industries are doing quite well while others have been crushed. The traditional and staple food market, cleaning and hygiene product market and medical industry are such categories, which are witnessing a substantial growth. The world wide pandemic occurrence has significantly reduced the frequency of purchase of electrical and electronics products and the lead time delivery of goods. COVID-19 outbreak has created scarcity of labor supply, raw materials, and availability of other component due to which production of electric hot water bottle has been hampered. The impaired supply chain and distribution network are some of the challenges that the industry are focusing on. The end of the lockdown in the countries may bring high speed oven market significant higher consumer traffic.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers And Impact Analysis
Electric water bottle is beneficial product for healthcare purposes. It is helps in instant relief from pain. It is helpful in treatment of sport injuries and provides comfort by warming up the injured area. It is also used for arthritis. It provides relief from toothache, menstrual cramps, muscle cramp, shoulders pain, cervical pain, backache, soreneck, pain from cold, and other such problems.
Its affordable price is another growth driver of the electric water bottle products market. Its easy availability in specialty stores, super market & hyper market, medical store and as well as in e-commerce platform increases the demand for the electric water bottle products.
The global electric water bottle market trends are as follows:
E-commerce platform propelling the growth
As people are increasingly adopting online websites to buy medical healthcare utilities and other products, there is a rise in the sales of electric water bottle products through those platforms. The e-commerce platforms are offering large number of electric water bottles of different brands creating easy availability of the product in the market which in turn increasing the demand for the products. In addition, e-commerce platforms are providing 10 to20 percent discounts in the branded electric water bottles, which further increases its demand.
Key Benefits of the Report:
- This study presents the analytical depiction of the global electric water bottle industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global electric water bottle market share.
- The current market is quantitatively analyzed to highlight the global electric water bottle market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global electric water bottle market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Electric Water Bottle Market Research Report:
- What are the leading market players active in the electric water bottle market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
Electric Water Bottle Market Report Highlights
By Distribution Channel
Key Market Players
Wazdorf, Deemark, Thermocare, Asbob Healthcare, GHK, Medicare production Inc., BUAER, Techicon, fstyler, Rexo, Star