Global Hydration Belt Market Share, Size, Growth, Demand and Forecast Till 2024: IMARC Groupby Chris jackson Market Research
According to the latest report by IMARC Group titled, “Hydration Belt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the market reached a value of US$ 2.6 Billion in 2018. Looking forward, the market is expected to reach a value of US$ 3.2 Billion by 2024, exhibiting a CAGR of around 3.5% during 2019-2024.
Hydration belts are a type of sports gears that are used for storing water bottles while performing outdoor activities such as running. They are utilized by sports professionals as they aid in maintaining a balance of body fluids, regulating the body’s temperature and offering convenience in terms of appropriate fitting that makes them completely bounce free. Moreover, the outer material of these belts is water-resistant to help in the storage of mobile phones, money and other essentials.
The rising number of health-conscious individuals are catalyzing the demand for hydration belts around the world. These individuals perform activities that dehydrate the body, thereby resulting in constant muscle fatigue, dizziness, extreme thirst, dry skin, and frequent headache. Apart from this, as it is medically recommended to drink fluids frequently than having large volumes in one go, there is a rise in the demand for hydration belts across the globe. Furthermore, manufacturers are introducing innovations, such as multiple zipped pouches to carry keys, cash and energy bars, which is impelling the market growth.
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Key Market Segmentation:
Breakup by Product Type:
- With Bottles
- Without Bottles
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Sports Shops
- Company Outlets
Breakup by End Use:
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
Explore full report with table of contents: https://www.imarcgroup.com/hydration-belt-market
The report has also examined the competitive landscape of global hydration belt market. Some of the major players in the market are Amphipod, FuelBelt, Nathan Sports, Ultimate Direction, CamelBak Products, Decathlon, Fitletic, Salomon and The North Face., etc.
Key highlights of the report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Competitive Structure
- Profiles of Key Players
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Created on Nov 11th 2019 00:00. Viewed 174 times.