Global Hydration Belt Market to Grow at 8.6% During 2024-2032, Stimulated by Product Innovations by Manufacturers

June 26, 2019 | Retail

According to the recent report by IMARC Group, titled “Hydration Belt Market Report by Product Type (With Bottles, Without Bottles), Distribution Channel (Supermarkets and Hypermarkets, Specialty Sports Shops, Company Outlets, Online, and Others), End-Use (Sports, Military, and Others), and Region 2024-2032,” the global hydration belt market reached a value of US$ 48.8 Million in 2023. Hydration belts are vital sports accessories that are used by runners or athletes during outdoor activities like jogging, cycling, and running to store bottles of water or energy drinks. As water plays an essential role to regulate body temperature, transport nutrients, and lubricate joints, its inadequate consumption may lead to dehydration, thus causing muscle cramps, syncope, and headaches. In order to avoid such a situation, sports enthusiasts keep hydration belts with them during workout or athletic sessions to replenish the body with adequate amounts of water. Moreover, their lightweight and easy-to-use characteristics make hydration belts comfortable to carry for both professional and novice cyclists and runners, which, in turn, are making them a widely preferred product across the globe.

Global Hydration Belt Market Trends:

Fast-paced lifestyle of the working population has increased the prevalence of several diseases due to a lack of physical activities in their daily regime. However, individuals are now becoming increasingly aware about the benefits associated with activities and regular exercises like running, cycling, and jogging. With more population inclining toward incorporating some form of physical activity into their routine lifestyle, hydration belts have witnessed a positive demand over the past decade. In addition to this, the number of marathons being organized has witnessed a rise in the past few years to promote wellness of the body, which is also propelling the demand for hydration belts. Furthermore, manufacturers are introducing innovative formats of hydration belts which include added pockets for accessories, cash, energy bars, and keys. Apart from this, they are also enhancing the quality of the product to offer leak-proof variants to sports enthusiasts. Witnessing the growing interest of athletes in the product, several investors are investing in research and development (R&D) activities to improve the durability and comfortability of hydration belts, thereby creating a positive outlook for the market. On account of these factors, the market is expected to grow at a CAGR of 8.6% during 2024-2032.

Market Summary:

On the basis of the product type, the market has been categorized into with bottles and without bottles.
Based on the distribution channel, specialty sports shops account for the majority of the total market share. Other segments include company outlets, supermarkets and hypermarkets, online, and others.
On the basis of the end-use, the market has been classified into sports, military and others.
Region-wise, North America is the leading market. Other regions include the Middle East and Africa, Latin America, Asia Pacific, and Europe.
The competitive landscape of the market has been analyzed in the report with some of the key players being Nathan Sports, Ultimate Direction, CamelBak Products, The North Face, Decathlon, Fitletic, Salomon, Amphipod, and FuelBelt.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Segment Coverage	Product Type, Distribution Channel, End-Use, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered	Amphipod, FuelBelt, Nathan Sports, Ultimate Direction, CamelBak Products, Decathlon, Fitletic, Salomon and The North Face
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Hydration Belt Market to Grow at 8.6% During 2024-2032, Stimulated by Product Innovations by Manufacturers

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