Hydration Belts Market Size, Share, Growth, and Industry Analysis, By Type (With Bottle, Without Bottles), By Application (Men, Women) and Regional Forecast to 2032

HYDRATION BELTS MARKET REPORT OVERVIEW

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The global hydration belts market size was USD 2080 million in 2019 and the market is projected to touch USD 2984.86 million by 2032, exhibiting a CAGR of 2.8% during the forecast period.

A hydration belt is a portable accessory designed to conveniently carry water or other liquids during physical activity, especially in endurance sports and outdoor adventures. It usually consists of an adjustable belt that is fixed around the waist or hips and to which one or more water bottles or hydration bottles are attached. The belt usually has bottle pockets or pockets specifically designed to keep water bottles or bottles securely in place.

The growth of the market depends on several factors such as increasing military expenditure, increasing popularity of adventure sports and increasing international tourism. Hydration products have a significant position in the outdoor market, such as hiking, running, cycling and other adventure sports. The demand for these products is increasing as the popularity of outdoor activities has increased in recent years. Global growth in international tourism has been a key factor in the growth of outdoor recreation. This segment is believed to be driven by the growing demand for these products as moisturizers among athletes and fitness enthusiasts.

COVID-19 Impact: Market Growth Restrained by Pandemic due to Supply Chain Disruptions

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The outbreak of Covid-19 has forced many parts of the world to go into rapid lockdown to prevent the spread of the virus, causing the rapid closure of factories, shops and other businesses. The global market for non-essential products has suffered from a rapid reduction in supply and demand and travel restrictions. The pandemic had a significant negative impact on the economy due to reduced workload, demand and shortage of factory workers. In addition, the travel ban caused a shortage of raw materials and halted production. The shutdown first affected outdoor activities and training classes. As a result, sales of hydration belts were expected to decline and remain low until things return to normal. People made their shopping habits unnecessarily essential, which further slowed down the market and growth.

LATEST TRENDS

"Adoption Of Smart And Interactive Products Will Drive Market Growth"

There is a noticeable trend towards the adoption of smart and interactive products in the global hydration products market. Advances in technology have led to innovations in all product categories. Gatorade, which produces sports drinks, has launched a smart cap equipped with LED lighting that reminds of hydration and provides information about the user and water consumption. These custom headers can be customized with the user's name and preferred reminder templates.

HYDRATION BELTS MARKET SEGMENTATION

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• By Type

Based on type the global market can be categorized into With Bottle, Without Bottles.

bottled products are preferred by a section of society that finds it affordable to pay a little extra, preferring to buy the hydration belts that come with the bottle. This saves them the hassle of finding the right size bottle to fit in their pocket or lap.

Without bottle, products are much more pocket friendly compared to other counterparts. People may prefer different colored bottles like blue, green and yellow or different materials like polymer, glass, steel, aluminum and brass.

• By Application

Based on application the global market can be categorized into Men, Women.

Different hydration belts are available for men, with pockets to keep their belongings.

Women hydration belts carry bottles, mobile phones and other items, with other health benefits.

DRIVING FACTORS

"Increasing People’s Interest In Outdoor Sports Foster Market Growth"

The onset of participation in sports and leisure activities has increased the demand for leisure equipment, including hydration packs, which has fueled the growth of the market under study. This is because the product is in high demand among hikers, hikers, cyclists and athletes, especially in developing countries. Variables including increased awareness of fitness, adventure experiences and skill and skill development have seen sports products adapt at an accelerating rate in recent years. The fact that many sports and mountaineering organizations promote the value of adequate hydration and its associated benefits also increases the demand.

"Increasing Need for An Active Training Program Is Driven By Increasing Workloads And Changing Lifestyles Augment Market Growth"

The need for an active training program is driven by increasing workloads and changing lifestyles. Due to the increased work pressure in the private sector and the spread of wearable sportswear, the market of liquid belts has grown dramatically. Marathons are also growing in popularity, and participation in them is open to everyone, not just professional athletes. Manufacturers are introducing new product lines made from high-quality textiles in response to increased demand for comfortable and advanced hydration belts. Growing awareness among people about the health benefits associated with running, jogging and cycling across the world is driving the growth of the market. In addition, manufacturers are introducing new technologies to improve the functionality of hydration belts. For example, these straps now offer additional functionality with additional or removable pockets for carrying accessories. In addition, manufacturers use lightweight materials to make these belts and design non-flow variants. In addition, investments in research and development to improve key features of hydration belts such as durability and comfort are expected to boost hydration belts market growth.

RESTRAINING FACTORS

"High Cost And Maintenance May Impede Market Growth"

On the other hand, the high cost of branded hydration belts is a major obstacle in terms of market and expansion. Strict regulations on product materials and production processes present challenges for entrepreneurs in the field. Despite their apparent simplicity, fluid packs can be difficult to install and clean after use. Users must remove clothing, unclog bags, wash luggage after filling with water, and use cleaning tablets to access the tank. The latest version and its delicate plastic parts can eventually break and leak under harsh conditions. The opaque nature of military hydration products may make them difficult to commercialize in the future, making it difficult to expand hydration backpacks. Markets and growth in poorer countries are undoubtedly limited by the lack of financing options and expensive liquid backpacks.

HYDRATION BELTS MARKET REGIONAL INSIGHTS

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"North America Dominating the Market due to Presence of a Large Consumer Base"

The market is primarily segmented into Europe, Latin America, Asia Pacific, North America and Middle East and Africa.

North America was the largest regional hydration belts market share, accounting for major global revenue in 2018. Sports preference was a growing trend among American millennials. In 2017, a study by the International Association of Health, Racquet and Sports Clubs highlighted that more than 57 million US citizens over the age of 6 are involved in some kind of sports club. It also turned out that both men and women went to the gym regularly. In addition, high-intensity interval training is expected to emerge as a growing trend among young people, according to the 2018 Global Fitness Trend Survey. This, in turn, is driving the demand for hydrate zones in North America.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market through Innovation and Market Expansion"

The hydration belts market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of wardrobe options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. Moreover, these industry giants continually invest in research and development, introducing innovative designs, materials, and smart features, catering to evolving consumer needs and preferences. The collective efforts of these major players significantly impact the competitive landscape and future trajectory of the market.

LIST OF TOP HYDRATION BELTS COMPANIES

• Amphipod (U.S.)
• Nathan Sports (U.S.)
• Ultimate Direction (U.S.)
• Decathlon (France)
• Fitletic (U.S.)
• Salomon (France)
• The North Face (U.S.)

INDUSTRIAL DEVELOPMENT

June 2022: CamelBak will participate in the race, starting in June 2022 as the official supplier of hydration backpacks, filtration systems, sports bottles and beverage accessories to the UTMB World Series.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.