Lucintel Forecasts Hydration Pack Market To Grow At A Cagr Of 5.9%

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According to the recent study the hydration pack market is projected to grow at a CAGR of 5.9% from 2020 to 2025. Growth in this market is primarily driven by increasing outdoor recreational activities, growing disposable income, and the rapid rise in popularity of adventure tourism in western countries.
Browse 125 figures / charts and 88 tables in this 195 -page report to understand trends, opportunities and forecast in hydration pack market by application (trekking and hiking, cycling, running, and military), capacity (1-3 liters, 3-6 liters, 6-10 liters, and above 10 liters), price (less than $40, $40 to $80, and above $80), sales channel (e-commerce, retailers, and others) and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report by clicking on below link https://www.lucintel.com/downloadreportsample.aspx?RepId=RPT2172 and view detailed Table of Content here – https://www.lucintel.com/hydration-pack-market.aspx
“1-3 liters market is expected to remain the largest segment during the forecast period.”
Based on storage capacity, the hydration pack market ...
... is segmented into 1-3 liters, 3-6 liters, 6-10 liters, and above 10 liters. Lucintel forecasts that the 1-3 liters is expected to witness the largest segment and it is also expected to witness the highest growth due to increasing demand for small and compact hydration pack which is easy to carry during various outdoor sports activities.
“Within the hydration pack market, the trekking and hiking segment is expected to remain the largest application”
Based on application, the trekking and hiking segment is expected to witness the largest segment over the forecast period and it is also expected to witness highest growth due to increasing spending in outdoor amusement activities in the western economies.
“North America will dominate the hydration pack market in near future”
North America are expected to be the largest region with the highest growth over the forecast period, due to growing interest in outdoor sports activities, and increasing interest in trekking, hiking and adventure tourism.
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Major players of hydration pack market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Vista Outdoor, Saloman, Quest, Jack Wolfskin, High Seirra, Deuter Sports GmbH, Gregory Mountain Products, Inoveight Limited, Osprey, and Montbell and others are among the major Hydration Pack providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/hydration-pack-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
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