As cited by the research report titled ‘Global Hydration Backpack Market Size study, by End-user (Sport and Military), by Distribution Channel (Specialty Store, Departmental Store and Online Retail), and Regional Forecasts 2021-2027’, available with Market Study Report, global hydration backpack market was worth USD 388.74 million in 2020 and is projected to grow with a CAGR of 12.4% over 2021-2027 to accumulate USD 881.1 million by the end of study duration.
 

Increasing participation of consumers in activities like hiking, cycling, and running is primarily driving global hydration backpack market growth. For instance, as per the Outdoor Industry Association, the number of day hikers went up by 8.4 percentage in April, May, and June of 2020 as compared to the same period in 2019.
 

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For the record, hydration packs are specialized backpacks consisting of in-built water bladder system, usually used by bikers, hikers, and soldiers to carry water with ease without consuming space and allowing free movement. Product features like temperature regulation which make it suitable for use in both summer as well as winter, alongside technological advancements are positively swaying the market dynamics.
 

On the downside, lack of awareness regarding use of hydration backpacks instead of water bottles in emerging economies is restraining the worldwide hydration backpack market progression.
 

Considering end user spectrum, the industry is segmented into sports, and military. Based on distribution channel, the marketplace is divided into specialty store, online retail, and departmental store.
 

As per geographical analysis, hydration backpack industry dynamics spanning across Asia Pacific, Europe, North America, and Latin America are comprehensively covered in the report to aid readers in making informed investment decisions.
 

Expert analysts cite that, Asia Pacific is likely to hold a considerable market share over 2021-2027, owing to growing use of hydration packs by increasing number of sports personnel. Favorable government policies, and rising disposable income of the populace are further contributing towards industry valuation.
 

Prominent players in the industry sphere are Columbia Sportswear Company, Jack Wolfskin, Mazama Designs LLC, Wingnut Gear, Hydrapak LLC, Deuter Sport GmbH & Co. KG, Osprey Packs Inc., Samsonite International SA, Cascade Designs Inc., and Vista Outdoor Operations LLC.