According to a new market report published by Lucintel, the future of the US hydration bottle market looks promising with opportunities in the various outdoor activities such as camping, hiking, fitness, and travel. The global US hydration market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $2.7 billion by 2025 with a CAGR of 2% to 4% from 2020 to 2025 . The major drivers for the growth of this market are increasing popularity of outdoor activities, and promotional strategies by manufactures such as targeted marketing, product design, and giving more space on shelf by major retail brands.
Browse 34 market data tables and 47 figures spread through 105 pages and in-depth TOC on “US Hydration Bottle Market"
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In this market, plastic, stainless steel, and glass are used to make hydration bottles. On the basis of comprehensive research, Lucintel forecasts that the plastic type hydration bottle will show above average growth during the forecast period.
By product type, regular and insulated types hydration bottle is used in US market. The insulated water bottle is expected to remain the fastest growing segment in the forecast period due to increasing consumer interest in sports and outdoor activities.
By sales channel, the US hydration bottle market is segmented into offline and online. On the basis of comprehensive research, Lucintel forecasts that the online segment will show above average growth during the forecast period.
Emerging trends which have a direct impact on the dynamics of the market include increasing adoption of smart bottles with integrated hydration calculator, increasing use of glass and stainless steel bottles to reduce plastic waste, and increasing demand for vacuum insulated double walled water bottles. Contigo (Newell Brands Inc.), Yeti Holding Inc., Camelbak, Bubba (Newell Brands Inc.), and Pacific Market International (Stanley and Aladdin) are among the major suppliers of hydration bottles.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the US hydration bottle market by material, product, and sales channel, and has compiled a comprehensive research report entitled “Growth Opportunities in the US Hydration Bottle Market 2019-2025: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the US hydration bottle market by material, product, and sales channel, as follows:
By Material Type [Value ($ Million) and Volume (Million Units) from 2014 to 2025]:
Plastic
Stainless Steel
Glass
Others
By Product Type [Value ($ Million) from 2014 to 2025]:
By Sales Channel [Value ($ Million) from 2014 to 2025]:
This 105-page 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/us-hydration-bottle-market.aspx or helpdesk@lucintel.com.
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