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(Transportation-News.com, May 21, 2017 ) Hydration products are mainly used for sustained outdoor activities and recreational purposes. The various forms of hydration products include hydration packs, water bottles, and purification and filtration systems. Hydration packs are used as backpacks or waist packs that contain a reservoir or bladder to store water. The packs are commonly made of rubber or flexible plastic. Water bottles are another common form of hydration products, and are used for various sports activities, such as biking, running, and trekking. The bottles are attached to equipment, such as cycles, through accessories.
Technavios analysts forecast the global hydration products market to grow at a CAGR of 7.64% during the period 2017-2021.
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The military and defense expenses are segmented as operations, maintenance, military personnel, procurement, and research and developmental activities, where the majority of expenses are allocated for the maintenance of military personnel, operating costs, and provisions for the armed forces. The military expenses for operation include protective equipment and armor used by the military forces. As a result, the demand for hydration packs in the form of reservoirs and the expenditure on these items will increase in the military and defense department to keep soldiers hydrated during combat operations.
The Americas was the largest revenue contributor during 2016 and will continue to be the major revenue contributor during the forecast period. Factors such as the increasing military expenditure as per NATO regulations and growth in the adventure sports destinations in the US will fuel the demand for hydration products in the region. The increasing rate of participation of sports enthusiasts in various outdoor sports such as camping, swimming, and biking, will further drive the necessity for hydration products in the market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Hydration Products Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
CamelBak
GEIGERRIG
HydraPak
Osprey
Other prominent vendors
CoolGear
Decathlon
Ergodyne
Samsonite
Leatt
Salomon
Market driver
Distribution of hydration products through e-commerce channels.
For a full, detailed list, view our report
Market challenge
Climatic change and its impact on ski sports.
For a full, detailed list, view our report
Market trend
Smart and interactive hydration products.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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