The global running hydration pack market is projected to reach $61.6 billion by 2028, at a CAGR of 5% during 2023-2028. The growth of running hydration pack market is driven by increasing number of people participating in outdoor activities like long runs as an adventures sport and growing concern of consumer towards health and fitness.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the running hydration pack market by capacity (1-3 liters, 3-6 liters, 6-10 liters, and above 10 liters), price (less than $40, $40 to $80, and above $80), sales channel (e-commerce, retailers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the running hydration pack market?
Q.4 What are some changing demands of customers in the running hydration pack market?
Q.5 What are the new developments in the running hydration pack market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this running hydration pack area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this running hydration pack market?
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Based on capacity, the running hydration pack market is segmented into 1-3 liters, 3-6 liters, 6-10 liters, and above 10 liters. The 1-3 liters segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, because it provides an adequate amount of hydration for most runners while still being lightweight and compact enough to carry comfortably during a run.
North America will remain the largest region due to the growing number of sports personnel which leads to increase in the usage of running hydration packs and increased product visibility and a well-established sports industry in the region.
Key Players in the running hydration pack market are Vista Outdoor, Saloman Group, Jack Wolfskin, and High Seirra.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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