The global hydration pack market is expected to grow with a CAGR of 5.9% from 2019 to 2024
LONDON, April 10, 2019 /PRNewswire/ -- Trends, opportunities and forecast in hydration pack market to 2024 by application (trekking and hiking, cycling, running, and military), capacity (1-3 liters, 3-6 liters, 6-10 liters, and above 10 liters), price (less than $40, $40 to $80, and above $80), sales channel (e-commerce, retailers, and others) and region (North America, Europe, Asia Pacific, and the Rest of the World)
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The future of the hydration pack market looks promising with opportunities in outdoor activities such as trekking, hiking, cycling, and running. The global hydration pack market is expected to grow with a CAGR of 5.9% from 2019 to 2024. The major growth drivers for this market are increasing outdoor recreational activities, growing disposable income, and the rapid rise in popularity of adventure tourism in western countries.
Emerging trends, which have a direct impact on the dynamics of the hydration pack market, include increasing usage of removable bladders for easy reservoir cleaning and pressurized hydration nozzles for easy sipping.
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The study includes the hydration pack market size and forecast of the global hydration pack market through 2024, segmented by application, capacity, price, sales channel, and region as follows:
Hydration Pack Market by Application [Value ($ Million) from 2013 to 2024]:
Trekking and Hiking Cycling Running Military
Hydration Pack Market by Storage Capacity [Value ($ Million) and Volume (Million Units) from 2013 to 2024]:
1-3 Liters 3-6 Liters 6-10 Liters Above 10 Liters
Hydration Pack Market by Price [Value ($ Million) for 2018 and 2024]:
Less than $40 $40 to $80 Above $80
Hydration Pack Market by Sales Channel [Value ($ Million) from 2013 to 2024]:
E-commerce Retailers Others
Hydration Pack Market by Region [Value ($ Million) and Volume (Million Units) from 2013 to 2024]:
North America Europe Asia Pacific The Rest of the World
Some of the hydration packs companies profiled in this report include Vista Outdoor, Saloman, Quest, Jack Wolfskin, High Seirra, Deuter Sports GmbH, Gregory Mountain Products, Inoveight Limited, Osprey, and Montbell and others.
The analyst forecasts that 1-3 hydration packs will remain the largest segment and witness the highest growth over the forecast period due to increasing demand for small and compact hydration pack which is easy to carry during various outdoor sports activities.
Within the hydration pack market, trekking and hiking will remain the largest application market and it is also expected to witness the highest growth over the forecast period due to increasing spending in outdoor amusement activities in the western economies.
North America is expected to remain the largest region and witness the highest growth over the forecast period due to growing interest in outdoor sports activities, and increasing interest in trekking, hiking and adventure tourism.
Some of the features of "Hydration Pack Market Report: Trends, Forecast and Competitive Analysis" include:
Market size estimates: Global hydration pack market size estimation in terms of value ($M) and volume (Million Units) shipment.
Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end use and use industry.
Segmentation analysis: Global hydration pack market size by application, capacity, price, sales channel in terms of value and volume shipment.
Regional analysis: Global hydration pack market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions in the global hydration pack market.
Strategic analysis: This includes M&A, new product development, and competitive landscape in the global hydration pack market. Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report answers following key questions:
Q.1. How big are the opportunities for the global hydration pack market by application (trekking and hiking, cycling, running, and military), capacity (1-3 liters, 3-6 liters, 6-10 liters, and above 10 liters), price (less than $40, $40 to $80, and above $80), sales channel (e-commerce, retailers, and others) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which product segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this hydration pack market?
Q.5. What are the business risks and competitive threats in this hydration pack (hydration pack market, hydration packs market, hydration bladder market, recreational hydration pack market) market?
Q.6. What are the emerging trends in this hydration pack (hydration pack market, hydration packs market, hydration bladder market, recreational hydration pack market) market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the hydration pack (hydration pack market, hydration packs market, hydration bladder market, recreational hydration pack market) market?
Q.8. What are the new developments in the hydration pack (hydration pack market, hydration packs market, hydration bladder market, recreational hydration pack market) market and which companies are leading these developments?
Q.9. Who are the major players in this hydration pack (hydration pack market, hydration packs market, hydration bladder market, recreational hydration pack market) market? What strategic initiatives are being taken by key companies for business growth?
Q.10. What M&A activity has occurred in the last five years in this hydration pack (hydration pack market, hydration packs market, hydration bladder market, recreational hydration pack market) market?
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