DALLAS, March 14, 2019 (GLOBE NEWSWIRE) -- According to a new market report published by Lucintel, the future of the hydration pack market looks promising with opportunities in outdoor activities such as trekking, hiking, cycling, and running. The global hydration pack market is expected to grow with a CAGR of 5.9% from 2019 to 2024. The major growth drivers for this market are increasing outdoor recreational activities, growing disposable income, and the rapid rise in popularity of adventure tourism in western countries.
Browse 88 market data tables and 125 figures spread through 195 pages and in-depth TOC on “Global Hydration Pack Market" at https://www.lucintel.com/hydration-pack-market.aspx
In this market, different types of hydration pack such as 1-3 liters, 3-6 liters, 6-10 liters, and above 10 liters are used as capacity. Lucintel forecasts that 1-3 hydration packs will remain the largest segment and witness the highest growth over the forecast period due to increasing demand for small and compact hydration pack which is easy to carry during various outdoor sports activities.
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North America is expected to remain the largest region and witness 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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Emerging trends, which have a direct impact on the dynamics of the hydration pack market, include increasing usage of removable bladders for easy reservoir cleaning and pressurized hydration nozzles for easy sipping. 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 manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed and forecasted for the global hydration pack market by application, capacity, price, sales channel, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Hydration Pack Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions.
For a detailed table of contents, contact Lucintel at +1-972-636-5056 or mail at helpdesk@lucintel.com