LONDON--(BUSINESS WIRE)--Technavio has been monitoring the hydration backpack market and it is poised to grow by USD 55.37 million during 2019-2023, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report of 2020-2024 on COVID-19 Impact
The market is moderately concentrated, and the degree of concentration will accelerate during the forecast period.
Frequently Asked Questions-
1. At what rate is the market projected to grow during the forecast period 2019-2023?
A. The market is expected to grow at a CAGR of over 6% during the forecast period.
2. Based on segmentation by distribution channel, which is the leading segment in the market?
A. The specialty stores segment will account for the highest market share. The availability of trained staff and the presence of a wide range of branded products is a prime factor driving the growth of this segment.
3. What is the key factor driving the market?
A. Ease of use and optimized hydration is one of the key factors driving the market growth.
4. Who are the top players in the market?
A. Cascade Designs, Inc., Columbia Sportswear Company, Osprey Packs, Inc., Samsonite International S.A., and VISTA OUTDOOR OPERATIONS LLC are some of the major market participants.
5. Which region is expected to hold the largest market share?
A. North America
6. What is the major trend for the hydration backpack market?
A. Diversification of distribution channels is a major trend in the market.
The ease of use and optimized hydration will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Hydration Backpack Market 2019-2023: Segmentation
Hydration Backpack Market is segmented as below:
-
Distribution Channel
- Specialty Stores
- Department Stores
- Online Stores
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Hydration Backpack Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our hydration backpack market report covers the following areas:
- Hydration Backpack Market size
- Hydration Backpack Market trends
- Hydration Backpack Market analysis
This study identifies diversification of distribution channels as one of the prime reasons driving the hydration backpack market growth during the next few years.
Hydration Backpack Market 2019-2023: Vendor Analysis
We provide a detailed analysis of vendors operating in the hydration backpack market, including some of the vendors such as Cascade Designs, Inc., Columbia Sportswear Company, Osprey Packs, Inc., Samsonite International S.A., and VISTA OUTDOOR OPERATIONS LLC. Backed with competitive intelligence and benchmarking, our research reports on the hydration backpack market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Hydration Backpack Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist hydration backpack market growth during the next five years
- Estimation of the hydration backpack market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the hydration backpack market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of hydration backpack market vendors
Table Of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
- Market segmentation by distribution channel
- Comparison by distribution channel
- Specialty stores - Market size and forecast 2018-2023
- Department stores - Market size and forecast 2018-2023
- Online stores - Market size and forecast 2018-2023
- Market opportunity by distribution channel
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 10: MARKET TRENDS
- Increasing number of M&A
- Focus on product advances
- Diversification of distribution channels
PART 11: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Cascade Designs, Inc.
- Columbia Sportswear Company
- Osprey Packs, Inc.
- Samsonite International S.A.
- VISTA OUTDOOR OPERATIONS LLC
PART 13: APPENDIX
- Research methodology
- List of abbreviations
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