Hydration Containers Market 2023 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030
Page: 215 | Report Code: CG231207 | Research Suite: Report (PDF) & Market Data (Excel)
The global market value of hydration containers was USD 11.4 billion in 2022, and a CAGR of 6.1% is expected during the forecast period. Due to their versatile nature, hydration containers are popular on the market. They are used for carrying water or beverages during workouts, hikes, or daily routines. Increasing demand for the hydration container during travel is driving growth in the market. These are helpful in reducing the use of plastic. It keeps the drink cold or hot for an extended period of time.
Increasing awareness about health, increasing use of eco-friendly materials, innovative designs, and rising popularity of reusable products are the key factors propelling the growth of the market. Technological advancements and the growing interest in portable hydration solutions are driving the growth of the market.
Impact
of Covid-19
The COVID-19 pandemic significantly impacted the hydration
container market. Initially, there was a surge in demand for water bottles and
reusable containers as people prioritized personal hygiene and safety. However,
as restrictions eased, the market saw a shift in consumer behavior, with a
greater emphasis on sustainability and eco-friendliness. This led to a rise in
demand for reusable, eco-conscious containers, promoting the use of materials
like stainless steel over plastic. Companies began to focus on innovative
designs to meet this evolving demand.
Growth
Drivers
Increasing awareness among consumers to reuse and recycle
products Increasing demand for eco-friendliness and the rising popularity of
outdoor activities among consumers are driving the growth of the market.
Technological advancements and government initiatives to ban plastic are the
key reasons behind the growth. Increasing rate of literacy, due to which people
are becoming more aware of the 3R theory. Increasing demand for smart water
bottles is driving the growth of the market significantly. These types of water
bottles contain the liquid in the same state as it was originally kept. Growing
awareness among people and user-friendly packaging solutions are driving the
growth of the market.
Rising demand for a light-weight and user-friendly solution
is driving the growth of the hydration container market. The rise in military
expenditure, as per NATO regulations, and the development of recreational
activity destinations in the United States and Canada are driving the growth in
the market significantly. The increase in the involvement of sports fans in
various outdoor sports is also propelling the growth of the market. Increasing
demand for metallic bottles for outdoor activities is driving the growth of the
market significantly.
Segmentation
Product
Type
·
Water Bottles
·
Tumblers
·
Cans
·
Mason Jars
·
Shakers
·
Others
Material
Type
·
Metal
·
Polymer
·
Glass
·
Silicone
By
Capacity
·
Upto 20 oz
·
21-40 oz
·
41-60 oz
·
Above 60 oz
By
Distribution Channel
·
Online
·
Offline
Regional
Outlook
·
Asia Pacific
·
North America
·
Latin America
·
Europe
·
Middle East and Africa
Hydration
Containers Material Type Segmentation
On the basis of material type, the hydration container market is segmented into metal, polymer, glass, and silicone. Metal containers were gaining popularity due to their durability, reusability, and ability to keep beverages at desired temperatures. These are environment-friendly and are expected to dominate the market during the forecast period. Glass containers appealed to consumers looking for non-reactive, odorless, and easily recyclable options. Glass containers were considered a sustainable choice and were often preferred for their aesthetic appeal. Silicone containers gained traction due to their collapsible nature, making them highly portable and convenient for travel or space-saving storage. They were often seen as versatile and lightweight options.
Hydration
Containers Market Product type Segmentation
On the basis of product, the hydration container market is
segmented into water bottles, tumblers, cans, Mason jars, shakers, and others.
Water bottles are the leading segment due to their ease of carrying and use. It
starts from reusable plastic bottles to stainless steel, glass, and collapsible
bottles. Including backpack-style water carriers often used in outdoor
activities like hiking and other recreational activities is driving the growth
of the market. Other segments include innovative containers with features like
hydration tracking, reminders, and purification systems. Larger containers for
carrying larger quantities of liquids are often made of durable materials for
outdoor or industrial use. Hydration packs include a backpack-style water
carrier often used in outdoor activities.
Hydration
Containers Market Distribution Channel Segmentation
On the basis of distribution channel, the hydration
container market is segmented into online retail, brick-and-mortar retail,
direct sales, wholesale/distributor, and specialty stores. Through e-commerce
platforms, including brand websites, Amazon, Flipkart, or specialty online
stores, Supermarkets, specialty sports stores, outdoor retailers, and
department stores also contribute to the market's growth. Some brands sell
directly through their own stores or outlets. Wholesalers and distributors sell
their products to other retailers or businesses in bulk. Specialty stores cater
specifically to outdoor, sports, or health-related products.
Regional
Outlook
On the basis of regions, the hydration container market is segmented into 5 types: Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. North America is the leading segment and is expected to maintain its dominance due to the increasing interest of people in recreational sports activities like camping, swimming, and bicycling. Due to the rise in military expenditure as per NATO regulations and the development of adventure sports destinations, Due to health and wellness-related outdoor activities, the European market holds the second position in the world. Countries like the U.S.A., Canada, Germany, France, Italy, and England are dominating the world market for hydration containers.
Due to increasing urbanization, rising disposable income, and growing health and wellness consciousness, this is driving the growth in countries like China and India significantly. The popularity of outdoor activities is rapidly increasing worldwide. The increasing population all around the world, especially in the Asia-Pacific region, is contributing significantly during the forecast period. China, India, and Japan are the largest markets in the region.
Key
Players
·
Pacific Market International
·
Yeti Holding INC
·
Thermos L.L.C.
·
Hydro Flask
·
Newell Brands INC.
·
Cool Gear International
·
Aquasana
·
Bulletin Brands
·
SIGG Switzerland AG
· Other Players
Global Hydration Containers Market research report presents
a strategic analysis of the global Hydration Containers Market and a forecast
for its development in the medium term, taking into account the impact of
COVID-19 on it.
This report delivers market size, regional and country
market data, segmentation growth, market share, competitive landscape,
company’s Hydration Containers revenue analysis, strategies of domestic and
global market players, opportunities analysis, strategic market growth
analysis, and technological innovations. It analyses historical and current
market data to accurately gauge its future growth potential. This market report
provides in-depth analysis and insight of market drivers, challenges, trends
& opportunities. At the same time, comprehensive coverage of major vendors
(recent product development & industrial activities, company overview,
insights on business strategy & financial performance, company SWOT
analysis) is provided to give competitive overview. This study presents most
detailed (COVID-19 updated) and in-depth analysis about the global Hydration
Containers market, covering all global regions and countries. The report
provides intricate dynamics for each of the countries covered, offering unmatched
value, accuracy and expert insights.
Report
Purpose
The purpose of the report is to portray the state of the
global Hydration Containers Market and to present real and expert-verified data
and insights about the market values, volumes, dynamics, segmentation and
prices. It also offers forecast for the market development in the short and
medium term and the impact COVID-19 has and will have on it. Further, it covers
in-depth analysis of the key market players, industry trends and insights,
growth drivers and challenges and all other factors, influencing the growth of
market.
Scope
of the Report
The
report on the global Hydration Containers Market presents:
·
Historical Data: Market data including
volume, growth rate, value, and dynamics; Market segmentation (by product, by
region and by country; etc.) for the last five years;
·
Strategic Insights for companies
looking to launch new products to diversify their business, exploring leading
countries to establish supply chain, and top countries to increase company export
and go global
·
Comprehensive Regional Market Data:
volume, growth rate, value, market share and dynamics of for the last five
years (broken down by region);
·
Market Dynamics: Analysis of the
factors impacting the market including demand drivers, industry trends and
challenges and the short and the medium-term impact of COVID-19 presently and
in near future;
·
Analysis and forecast for the global
economy and demographics;
·
Supply chain and value chain analysis,
risk analysis of supply side and demand side;
·
Market Forecast for next ten years
(market share, year-on-year growth, volume, value and segmentation by region);
·
Company profiling of key market players
covering company’s Hydration Containers revenue, sales and market share;
·
Comprehensive coverage of competitive
landscape offering market positioning and snapshot of key business strategies;
·
Porter’s Five Forces analysis;
How Can
You Benefit from This Report?
In this
report you can:
·
Track and identify key market trends
and insights and key drivers behind recent market changes and see the impact
COVID-19 has and will have on the market in both the short and the medium term;
·
Get access to reliable and verified
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·
Analysis of market numbers, such as
volume, value, forecasts, dynamics, segmentation and market structure – past,
present and future;
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Understand growth potential countries
and regions, opportunities, growth drivers and barriers on the market;
·
Own data spreadsheet for comparison at
global, regional and for individual country, covered in the report;
·
Analyse countries with highest and
lowest demand for Hydration Containers and countries in each region which will
grow at highest growth in next five years.
·
Strategically plan business strategy
based on verified market data and expert insights;
·
Identify revenue generation
opportunities in the countries and regions within the market;
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Get market trend data of last 10 years
and how market growth will unfold in next ten years;
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Market share analysis and positioning
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intensity, fragmentation and environment and understand competitive threats;
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Extensive analysis of all required
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What
Kind of Decisions You Can Make Based on the Data in This Report?
This
report detailed and all-inclusive data on Hydration Containers Market,
providing valuable support to make vital decisions regarding:
·
Strategic planning;
·
Industry analysis;
·
Target Market/Marketing and sales;
·
Regional and country assessment and
opportunity analysis;
·
Market entry into new product group or
country;
·
Pricing of existing and new products;
·
New product development and Innovation
in existing products;
·
Supply chain management;
·
Market evaluation;
·
Mergers, Expansions, Joint Ventures and
acquisitions.
Who Is
This Report for?
This
report is intended to give broad overview of market to people who already are
working on this market:
·
C-suite Level executives;
·
Directors;
·
Industry strategists;
·
Marketing professionals;
·
Business development professionals;
·
Product developers;
·
Product marketers and strategists;
·
Product managers;
·
Project managers;
·
Suppliers;
· Traders;
This
report also caters to people who are not involved in the market,
representatives of investors, consultants, advisors and financial institutions:
·
Management consultants;
·
Investment managers;
·
Financial professionals;
· M&A managers.
Regional
Coverage
The report on the global Hydration Containers Market breaks
down the world into the following regions & countries and covers every
single one of them:
Report
Customization
If the report as is does not serve your market research needs, get it customized at free of cost, as per your own specific requirements. Feel free to contact us for more information!