According to the recent report by IMARC Group, titled “Hydration Belt Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global hydration belt market reached a value of US$ 2.8 Billion in 2020. On account of these factors, the hydration belt market share is expected to experience moderate growth during the forecast period (2021-2026). A hydration belt is a specially designed gear, which athletes wear on the waist for storing water bottles, energy drinks, and other accessories to keep themselves hydrated while running, trekking, and jogging. It is further utilized for keeping snacks, cash, purse, keys, and smartphones. Hydration belts are convenient to use, comfortable and lightweight, and inexpensive, due to which they are widely worn during outdoor physical activities.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the
Global Hydration Belt Market Trends:
The global hydration belt market is majorly being driven by the rising consciousness amongst consumers regarding the health benefits of running, cycling, and jogging. Moreover, the escalating investments in research and development (R&D) activities for enhancing various basic components and features of hydration belts, such as comfort and durability, are propelling the market growth. Other than this, the widespread adoption of fitness wearables, and the increasing prevalence of several diseases due to lack of physical activities, are contributing to the market growth.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Nathan Sports
- Ultimate Direction
- CamelBak Products
- The North Face
Our report has categorized the market based on region, product type, distribution channel and end-use.
Market Breakup by Product Type:
- With Bottles
- Without Bottles
Market Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Sports Shops
- Company Outlets
Market Breakup by End-Use:
Market Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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