According to the recent report by IMARC Group, titled “Hydration Belt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global hydration belt market size reached US$ 40.3 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 73.1 Million by 2027, exhibiting a growth rate (CAGR) of 10.5% during 2022-2027.
A hydration belt represents a gear designed for runners or athletes which helps them to carry water and remain hydrated during outdoor activities, such as running and cycling. The human body eliminates water at an increasing rate while working out or training, which can lead to muscle cramps, headaches, syncope, etc. As it can be highly inconvenient to carry water bottles, hydration belts meet the needs of users without distracting them from their training. In addition to this, they are convenient, hassle-free, comfortable, lightweight, pocket-friendly, etc. Consequently, hydration belts are gaining extensive traction among professional runners and cyclists who regularly participate in trail running, marathons, triathlons, etc.
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Competitive Landscape with Key Players:
- Amphipod
- FuelBelt
- Nathan Sports
- Ultimate Direction
- CamelBak Products
- Decathlon, Fitletic
- Salomon
- The North Face
Hydration Belt Market Demand:
The widespread adoption of fitness gear and the growing consumer awareness towards the health benefits associated with running, jogging, cycling, etc., are primarily driving the hydration belt market. Additionally, the rising number of marathons, the fast-paced lifestyle of the working population, and the increasing prevalence of various diseases, owing to the lack of physical activities, are further catalyzing the market growth. Besides this, the introduction of innovative formats of hydration belts, which include added pockets for cash, energy bars, accessories, keys, etc., is acting as another significant growth-inducing factor. Moreover, extensive investments in R&D activities to improve the durability and comfortability of these belts are positively influencing the global market. Apart from this, the escalating demand for lightweight materials in the production processes and the development of leak-proof variants are anticipated to fuel the hydration belt market over the forecasted period.
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Key Market Segmentation:
Breakup by Product Type:
- With Bottles
- Without Bottles
Based on the product type, the market has been segmented into with bottles and without bottles.
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Sports Shops
- Company Outlets
- Online
- Others
Based on the distribution channel, the market has been segmented into supermarkets and hypermarkets, company outlets, specialty sports shops, online and others. Specialty sports shops currently represent the biggest segment.
Breakup by End-Use:
- Sports
- Military
- Others
Based on the end-use, the market has been segmented into sports, military and others.
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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