The report on the Hydration Containers Market is segmented By Type (Water Bottles, Cans, Mason Jars, Tumblers, Shakers, Infusers), Material (Metal, Polymer, Glass, Silicone), Distribution Channel (Hyper/Supermarket, Independent Stores, Online Sales), and Region. It also covers the COVID-19 Impact Analysis and Forecast to 2026.
Market Insights
The Hydration Containers Market is projected to grow from USD 4.3 billion in 2020 to USD 5.9 billion by 2026 at a CAGR of around 5.5% during the forecast period.
Key players
Some of the major players operating in the global Hydration Containers Market are-
Report Features
The report provides critical insights into the market dynamics that enables strategic decision making that is critical to the growth of the existing players as well as those planning to enter the market. This report offers an improvised approach to consolidate the growth decisions by covering the following features –
Market Dynamics
The report covers maximum factors that affect the Hydration Containers Market. According to this report,
The growth of the hydration containers market is primarily driven by an increasing preference for hydration containers over plastic bottles. Rising consumer awareness about the adverse impact of plastics on the environment is expected to drive market growth at a significant rate during the review period. In addition to this, increasing environmental regulations related to landfills is likely to create lucrative opportunities for the players operating in the global hydration containers market in the coming years.
By distribution channel, the hydration containers market has been bifurcated into hyper/supermarket, independent stores, and online sales. The hyper/supermarket segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment can be attributed to the easy availability of products.
By region, the North American market accounted for the largest market share in 2020 and is projected to grow at a robust CAGR during the review period. This can be attributed to increasing regulations about landfills coupled with the presence of key market players such as CamelBak Products, LLC (US) and Cool Gear International, LLC (US). The market growth in Asia-Pacific is expected to be driven by increasing demand for sustainable alternatives to plastic products with rising consumer awareness, particularly in developing countries.
Critical Questions Answered in the Report
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CamelBak Products, LLC (US), Brita GmbH (Germany), Cool Gear International, LLC (US), Klean Kanteen (US), Tupperware (US), Contigo (Canada), Aquasana (US), Bulletin Brands, Inc. (US), Nalgene (US), Nathan Sports (US), HydraPak (US) and Cascade Designs Inc. (US) are among the key players in the hydration containers market.