The hydration containers market is expected to grow at a compound annual growth rate of 4.33% to reach a market size of US$8,183.173 million by 2024 from US$6,345.509 million in 2018. Hydration containers are used for storage of fluids. Changing lifestyle coupled with growing disposable income is expected to drive the market for hydration containers. Further, rising sports industry is also a key factor boost the growth of the market. Additionally, technological advancements like introduction of smart bottles is anticipated to create new opportunities augmenting the growth of hydration containers market.
DRIVERS
New technological developments.
Changing lifestyle.
RESTRAINTS
Changing preference towards eco-friendly products.
INDUSTRY UPDATES
In March 2019, Contigo, a leading innovator of water bottles, travel mugs and kids bottles launched LUXE Stainless Steel Tumbler with Spill-Proof Lid and Straw and the LUXE AUTOSEAL Vacuum-Insulated Travel Mug.
The major players profiled in the hydration containers market include Cello world, Hamilton Housewares Pvt. Ltd, Tupperware, Vista Outdoor Inc., Cool Gear International LLC, Newell Brands Inc, Aquasana Inc., Thermos LLC, O2COOL LLC, Klean Kanteen, SIGG Switzerland Bottles AG, Nathan Sports Inc, Hydro Flask, and Cascade Designs Inc.
Segmentation
The hydration containers market has been analyzed through the following segments:
By Product Type
Bottles
Tumblers
Cans
Mason Jars
Shakers
Others
By Material Type
Plastic
Glass
Metal
Silicone
By Capacity
0-20 Oz
20-40 Oz
40-60 Oz
60-80 Oz
80 Oz and above
By Distribution Channel
Online
Offline
By Geography
North America
USA
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others
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