Global Hydration Backpack Market to reach USD 881.1 million by 2027.Global Hydration Backpack Market is valued approximately at USD 388.74 million in 2020 and is anticipated to grow with a healthy growth rate of more than 12.4% over the forecast period 2021-2027. Hydration packs are specialized backpacks comprising of in-built water bladder system, generally used by hikers, bikers and soldiers to carry water easily without taking up space and allow free movement. Growing participation of consumers in activities such as cycling, hiking and running is driving the market. Also, features such as temperature regulation which makes it suitable to use in both winter and summer season are affecting the product demand positively. For instance, according to Outdoor Industry, in April, May and June of 2020 the number of day hikers rose by 8.4 percentage points, as compared to the corresponding period in 2019. Furthermore, technological advancements are expected to boost the demand in coming years. However, lack of awareness for using hydration backpacks in place of water bottles in emerging economies may hinder the market growth during forecast period.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of the global Hydration Backpack Market. Asia Pacific is the dominating region across the world in terms of market share due to increasing use of hydration packs due to rising number of sports personnel. Whereas Asia Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to favorable government policies and increasing disposable income of the population.
Major market player included in this report are:

Vista Outdoor Operations LLC.
Cascade Designs, Inc.
Samsonite IP Holdings S.A.R.L
Osprey Packs, Inc.
Deuter Sport GmbH
HydraPak, LLC.
Wingnut
Mazama Designs, LLC
Jack Wolfskin
Columbia Sportswear Company

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By End-user:
Sport
Military
By Distribution Channel:
Specialty Store
Departmental Store
Online Retail


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Hydration Backpack Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors