According to Future Market Insights, the global hydration backpack market is anticipated to reach a size of USD 388 million, with a projected CAGR of 12%. Driven by rising participation in sports and leisure activities, the market is expected to grow to USD 5.735 billion by 2033.
In the past five years, the popularity of sports and military backpacks has surged significantly, particularly those designed for hydration. Emerging trends set to shape the market include the increased adoption of pressurized water jets and removable bladders.
Concerns about the health impacts of plastic and bottled water have prompted consumers to shift toward eco-friendly hydration packs, further boosting demand.
The use of advanced materials and the growing emphasis on maintaining water temperature will also drive market growth in the near future, leading to a substantial rise in the demand for hydration packs.
A recent report from the World Development Report Institute highlights that rising consumer interest in cycling, walking, and running in countries like Brazil, India, and China is expected to accelerate market expansion. Additionally, the health benefits associated with these products are anticipated to further propel growth in the coming years.
Key Takeaways from the Market Study
- According to the report, the hydration backpack market is expected to reach USD 388 million by 2023.
- The hydration backpack industry is expected to grow at a CAGR of 12% between 2023 and 2033.
- Hydration backpacks are expected to reach a valuation of USD 1205 million by 2033.
- By distribution channel, the specialty stores segment dominates the market with a 47% share, which is expected to continue over the forecast period.
- North American hydration backpack sales are expected to grow 41% by 2033.
Competitive Landscape
Vista Outdoor Inc. (CamelBak), Columbia Sportswear Company, Osprey Packs Inc., High Sierra, Gregory Mountain Products, Source Tactical Gear, Hydro Flask, Mazama Designs, LLC., USWE Sports AB, and TETON Sports.
To gain a competitive advantage and increase their market share, these firms are pursuing a number of strategies including the launch of new products, the expansion of their facilities, mergers, collaborations, partnerships, and acquisitions in an effort to improve their competitive situation. For instance,
- In June 2022, GenZ Outdoor unveiled an exclusive backpack designed for the Electric Forest. As the founder and designer of GenZ, Ryan Lange ensured that the product would stand out from the crowd. As a nod to the return of one of the nation’s most renowned music events, GenZ Outdoor created a hydration pack dubbed the RaveRunner. GenZ x EF collabs provide Forest Dwellers with everything they need for weekend-long frolics, including two liters of water and warm clothing for the evening.
- In September 2022, the 2022 International Design Excellence Awards honored Whipsaw with multiple awards. In the Medical & Health category and in the Sports, Leisure & Recreation category, Whipsaw was awarded silver awards for Fluidigm’s Biomark X and MXXY Hydration Backpack.
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Key Segments Covered in the Hydration Backpack Market Industry Survey
Hydration Backpack Market by End User:
- Hydration Backpack for Sports
- Hydration Backpack for Military
Hydration Backpack Market by Distribution Channel:
- Hydration Backpack Sales via Specialty Stores
- Hydration Backpack Sales via Departmental Stores
- Hydration Backpack Sales via Online Retail
Hydration Backpack Market by Region:
- North America Hydration Backpack Market
- Latin America Hydration Backpack Market
- Europe Hydration Backpack Market
- Asia Pacific Hydration Backpack Market
- Middle East & Africa Hydration Backpack Market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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