Press release
Global Hydration Bottle Market to Witness Rapid Growth by 2028
The global hydration bottle market is anticipated to grow at a CAGR 4.8% during the forecast period (2022-2028). Hydration bottles also known as water bottles are the storage solution to store water, liquid, or other beverage for consumption while on the go. There are several benefits provided by carrying a hydration bottle. The benefits include prevention of dehydration, maintaining skin health, reduction in the risk of getting a heart attack or sunstroke, and many others. The major factor attributing to the growth of the global hydration bottle market include the increasing use of hydration bottles by sportspersons due to the increasing interest of people in fitness & playing sports across the globe. According to an article published by the World Economic Forum in August 2021, around 58% of the total 21,000 respondents from 29 different countries surveyed by the Ipsos Group S.A desired to play more sports & do physical activities. Among these, people in the Netherlands are the most physically active spending more than 12 hours exercising or playing sport in a week. Thus, increasing the use of hydration bottles.Get Sample Copy of Global Hydration Bottle Market:https://orionmarketreports.com/request-sample/?id=112679&submit=Request+Sample%0D%0A
The use of hydration bottles is also increasing by tourists to spend time exploring without getting worried about body water levels due to the increasing number of tourists across the globe. According to the United Nations World Tourism Organization (UNWTO), the estimated international arrival of around 1.4 billion people as tourists is faced every year. Thus, contributing to the growth of the global hydration bottle market.
Some major players in the market include Pacific Market International LLC, Yeti Coolers LLC, Thermos LLC, Steel Technology LLC, and Newell Brands Inc., among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.
Few Recent Development-
In May 2022, Apple Inc. launched a new smart water bottle. The new water bottle is connected through a smartphone app that will track the daily water consumption of the user.
In September 2019, Life Fuels launched a new smart nutrition hydration bottle. The new hydration bottle is an app-connected smart bottle that will benefit consumers in embracing hydration & nutrition habits in daily life.
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Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Type
By Material Type
By Sales Channel
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Pacific Market International LLC, Yeti Coolers LLC, Thermos LLC, Steel Technology LLC, and Newell Brands Inc., among others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Hydration Bottle Market Report by Segment
By Type
Regular Bottle
Insulated Bottle
By Material Type
Plastic
Stainless Steel
Glass
Others
By Sales Channel
Online Stores
Retail Stores
A full report of Global Hydration Bottle Market is available at: https://orionmarketreports.com/global-hydration-bottle-market/112679/
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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