Hydration Products Market Value is Set to Grow by USD 231.39 Million from 2020 to 2025, Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast


NEW YORK, aug. 4, 2022 /PRNewswire/ — The HYDRATION PRODUCTS MARKET is set to progress to a CAGR of 6.68% from 2020 to 2025, as per the latest report by Technavio. Hydration products are used for the storage of water. These products are mainly used for outdoor activities by sports enthusiasts, military personnel, and outdoor recreational participants. Hydration products come in various forms, such as reservoirs, hydration packs, water bottles, flasks, and mugs. moreover, the YOY growth rate of 2021 for the market was estimated at 4.17%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenarios, future market trends, market size & estimations, and major investment pockets.

Technavio has announced its latest market research report titled Hydration Products Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2020-2024

Browse summary of the research report for more additional information about the HYDRATION PRODUCTS MARKET

Hydration Products Market Driver:

Hydration Products Market Trend:

Hydration Products Market Challenge:

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Vendor Insights

The hydration products market is fragmented and the vendors are deploying various organic and inorganic growth strategies such as to compete in the market.

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COVID Impact and Recovery Analysis

The outbreak of COVID-19 severely impacted the tourism sector in the first half of 2020. In June 2021the number of international arrivals to Canada from other countries fell by 54.2% from February 2020the largest single monthly drop since 1972. Most hotels were empty by the first week of April 2020the hotel occupancy rate was below 20% across Canada. This has hindered the growth of the hydration products market across the region in 2020. However, the gradual revival of the tourism industry is expected to drive the growth of the hydration products market in the region further during the forecast period.

Segmentation Analysis by Product, End-user, and Geography

  • The hydration products market is segmented by Product (hydration packs, water bottles, purification and filtration, accessories, and others), End-user (sports, military, and others), and Geography (North America, EuropeAPAC, MEA, and South America).

  • 32.15% of the market’s growth will originate from North America during the forecast period. The US is the key market for hydration products market in North America.

  • The hydration products market share growth in the hydration packs segment will be significant during the forecast period. This segment is mainly driven by the rapid growth of the tourism industry in developed countries.

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Hydration Products Market Scope

Report Coverage

Details

Page number

120

base year

2020

forecast period

2021-2025

Growth momentum & CAGR

Accelerate to a CAGR of 6.68%

Market growth 2020-2024

$231.39 million

market structure

fragmented

YoY growth (%)

4.17

Regional analysis

North America, Europe, APAC, MEA, and South America

performing market contribution

North America at 32.15%

Key consumer countries

US, China, Japan, Germany, and Russian Federation

competitive landscape

Leading companies, competitive strategies, consumer engagement scope

companies profiled

AO Smith Corp., Amer Sports Corp., Aquamira Technologies Inc., BRITA GmbH, Cascade Designs Inc., HydraPak LLC, Leatt Corp., Newell Brands Inc., Osprey Packs Inc., and Vista Outdoor Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period.

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Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Product

6 Market Segmentation by End-user

7 Customer landscape

8 Geographic Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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SOURCE Technavio

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