Hydration Backpack Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 6.40 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Hydration Backpack Market Analysis
The hydration backpack market is projected to witness a CAGR of 6.4% during the forecast period (2020- 2025).
- Increasing military training and participation in outdoor activities, such as hiking, cycling, and running, has resulted in the rapid adoption of hydration backpacks because they are easy to use and provide optimized hydration.
- The hassle of retrieving water bottles from the backpack makes hikers either put off water consumption or drink a large amount at a time. However, hydration backpacks eliminate this issue by allowing the user to take small sips throughout the journey and keep hydrated.
- In addition, global manufacturers are using advanced materials and technologies, which assist in maintaining water temperature, making it suitable for all seasons.
Hydration Backpack Market Trends
This section covers the major market trends shaping the Hydration Backpack Market according to our research experts:
Growing Consumer Inclination Toward Outdoor Sports
The onset of engagement in sports and recreational activities has led to a surge in demand for recreational equipment, including hydration backpacks, thereby facilitating the growth of the market studied, owing to high product demand among hikers, trekkers, cyclists, and athletes, primarily in developing countries. Over the last few years, sports products have been witnessing a growing adaptation rate based on factors, such as awareness about physical fitness, experiences of adventure, and development of skills and abilities. In addition, various sports and mountaineering associations are spreading awareness about the importance of adequate hydration and related benefits, which is yet another factor fueling the demand further.
North America Emerges As The Largest Market
North America emerged as the largest regional market in 2018. Presence of various adventure sports destinations in U.S. and Canada is the key factor driving the market. According to The outdoor Foundation, hiking is the fourth popular sports in U.S. followed by biking, running, and fishing. The major factors which have leading position in propelling the growth of hydration backpacks packs market in the north american region are rising number of sports personnel which leads to increase in the usage of hydration backpacks and indeed surges the growth of the hydration pack market.Moreover, increased product visibility and a well-established sports industry in the region are expected to fuel the product demand in the years to come.
Hydration Backpack Industry Overview
The hydration backpack market is highly fragmented and comprises regional and international competitors. Major players are focusing on introducing new products in the market to cater to the interests of the consumers. New product development is the most preferred strategy in the global hydration backpack market. The key players are also embarking on mergers and acquisitions and entering into partnerships/agreements to achieve consolidation and optimize their offerings. Moreover, these players merge with local players to gain dominance in the local markets.
Hydration Backpack Market Leaders
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Cascade Designs, Inc.
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Samsonite International S.A.
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Osprey Packs, Inc.
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Mazama Designs, LLC
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Callaway Golf Company
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Columbia Sportswear Company
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Helen of Troy Limited
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Recreational Equipment, Inc
*Disclaimer: Major Players sorted in no particular order
Hydration Backpack Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By End User
- 5.1.1 Sports
- 5.1.1.1 Running
- 5.1.1.2 Cycling
- 5.1.1.3 Trekking and Hiking
- 5.1.2 Military
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5.2 By Distribution Channel
- 5.2.1 Supermarkets/Hypermarkets
- 5.2.2 Specialist Retailers
- 5.2.3 Online Retail Stores
- 5.2.4 Other Distribution Channels
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5.3 Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.1.4 Rest of North America
- 5.3.2 Europe
- 5.3.2.1 Spain
- 5.3.2.2 United Kingdom
- 5.3.2.3 Germany
- 5.3.2.4 France
- 5.3.2.5 Italy
- 5.3.2.6 Rest of Europe
- 5.3.3 Asia-Pacific
- 5.3.3.1 China
- 5.3.3.2 Japan
- 5.3.3.3 India
- 5.3.3.4 Australia
- 5.3.3.5 Rest of Asia-Pacific
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Rest of South America
- 5.3.5 Middle-East and Africa
- 5.3.5.1 South Africa
- 5.3.5.2 United Arab Emirates
- 5.3.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Most Active Companies
- 6.2 Most Adopted Strategies
- 6.3 Market Share Analysis
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6.4 Company Profiles
- 6.4.1 Cascade Designs Inc.
- 6.4.2 Samsonite International SA
- 6.4.3 Osprey Packs Inc.
- 6.4.4 Mazama Designs LLC
- 6.4.5 Callaway Golf Company
- 6.4.6 Columbia Sportswear Company
- 6.4.7 Helen of Troy Limited
- 6.4.8 Recreational Equipment Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER
** Subject To AvailablityHydration Backpack Industry Segmentation
The hydration backpacks are studied for different end users primarily sports and military. The major type of sports which have registered a significant demand for hydration backpacks include trekking and hiking, cycling, and running. The hydration backpacks are extensively being distributed through robust distribution channels, such as supermarkets/hypermarkets, specialist retailers, online retail stores, and other retail stores. The market is studied for each potential market under each region across the world, to give a broader perspective.
By End User | Sports | Running |
Cycling | ||
Trekking and Hiking | ||
By End User | Military | |
By Distribution Channel | Supermarkets/Hypermarkets | |
Specialist Retailers | ||
Online Retail Stores | ||
Other Distribution Channels | ||
Geography | North America | United States |
Canada | ||
Mexico | ||
Rest of North America | ||
Geography | Europe | Spain |
United Kingdom | ||
Germany | ||
France | ||
Italy | ||
Rest of Europe | ||
Geography | Asia-Pacific | China |
Japan | ||
India | ||
Australia | ||
Rest of Asia-Pacific | ||
Geography | South America | Brazil |
Argentina | ||
Rest of South America | ||
Geography | Middle-East and Africa | South Africa |
United Arab Emirates | ||
Rest of Middle-East and Africa |
Hydration Backpack Market Research FAQs
What is the current Global Hydration Backpack Market size?
The Global Hydration Backpack Market is projected to register a CAGR of 6.40% during the forecast period (2024-2029)
Who are the key players in Global Hydration Backpack Market?
Cascade Designs, Inc., Samsonite International S.A., Osprey Packs, Inc., Mazama Designs, LLC, Callaway Golf Company, Columbia Sportswear Company, Helen of Troy Limited and Recreational Equipment, Inc are the major companies operating in the Global Hydration Backpack Market.
Which is the fastest growing region in Global Hydration Backpack Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Global Hydration Backpack Market?
In 2024, the North America accounts for the largest market share in Global Hydration Backpack Market.
What years does this Global Hydration Backpack Market cover?
The report covers the Global Hydration Backpack Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Hydration Backpack Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Hydration Backpack Industry Report
Statistics for the 2024 Hydration Backpack market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Hydration Backpack analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.