Hydration container market sales were valued at USD 11.4 billion worldwide in 2022, and a compound annual growth rate (CAGR) of 6.1% is anticipated over the course of the forecast period. Hydration containers are widely available on the market because of their many uses. When working out, hiking, or going about daily tasks, they are utilized to carry water or other drinks. The market is expanding as a result of rising demand for hydration containers when traveling. These aid in cutting back on plastic usage. It maintains the beverage's temperature for a long time.
The main reasons driving the market's expansion include growing health consciousness, the adoption of eco-friendly materials, creative designs, and the growing appeal of reusable items.
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Growth Drivers
Growing consumer awareness of the importance of recycling and reusing products The market is expanding as a result of customers' growing desire for eco-friendliness and their growing interest in outdoor activities. The main drivers of the growth are government measures to outlaw plastic and technological advancements. People are growing increasingly conscious of the 3R hypothesis as a result of the rising literacy rate. The market is expanding at a substantial rate due to rising demand for smart water bottles.
The market for hydration containers is expanding due to the growing need for a portable and easy-to-use solution. Significant market growth is being driven by the expansion of recreational activity locations in the United States and Canada, as well as the increase in military spending in accordance with NATO standards. Another factor driving the market's expansion is the rise in sports lovers' participation in different outdoor activities.
Segmentation
Product Type
· Water Bottles
· Tumblers
· Cans
· Mason Jars
· Shakers
· Others
Material Type
· Metal
· Polymer
· Glass
· Silicone
By Capacity
· Upto 20 oz
· 21-40 oz
· 41-60 oz
· Above 60 oz
By Distribution Channel
· Online
· Offline
Regional Outlook
· Asia Pacific
· North America
· Latin America
· Europe
· Middle East and Africa
Key Players
· Pacific Market International
· Yeti Holding INC
· Thermos L.L.C.
· Hydro Flask
· Newell Brands INC.
· Cool Gear International
· Aquasana
· Bulletin Brands
· SIGG Switzerland AG
· Other Players
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