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Hydration Belt Market Growing Trade Among Emerging Economies Opening New Business Opportunities
Hydration Belt Market Product Type, Form, Protective Medium, Capacity, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030
PORTLAND, OREGON, UNITED STATES, December 29, 2021 /EINPresswire.com/ -- Allied Market Research published a new report, titled, "Hydration Belt Market" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.
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The market for hydration belts is likely to rise rapidly in the coming years, with the expanding popularity of running, hiking, and other adventure sports, as well as increased awareness of the benefits of a physically active lifestyle, serving as important growth drivers. People are choosing running as a form of physical activity as a result of increased health concerns and hectic work schedules, which is directly driving the market for hydration belts and other running apparel.
The market for hydration belts has been growing in recent years due to technological advancements. As consumers become more conscious of the product's utility and relevance, several qualities such as adjustability, comfort, space, strength, and others play a critical role in this product.
The Nathan Sports Insulated Trail Mix Plus belt is a fantastic option. It includes two 10-ounce insulated Fire and Ice flasks to keep water colder for longer. For convenient one-handed access, the two flasks are housed in their signature Speed Fit holsters. In addition, the water bottles will not freeze in cold temperatures, as their name implies. This belt is comprised of a delicate monofilament material that can be stretched in multiple directions. As a result, there is less bounce and the fit is more ergonomic.
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The necessity for an active fitness plan is being driven by an increase in workload and changing lifestyles. The market for hydration belts has grown dramatically as a result of rising work pressure in the private sector and increased adoption of fitness wearables.
Marathons are also growing in popularity, with participation open to everyone and not limited to professional athletes. Manufacturers are launching new product lines composed of high-quality textiles in response to increased demand for comfortable and advanced hydration belts.
COVID-19 Impact Analysis:
○ The epidemic has had a substantial negative impact on the economy as a result of less work being done, lower demand, and a shortage of factory workers. Additionally, the travel ban has resulted in a lack of raw materials, halting manufacturing.
○ Due to the shutdown, outdoor activities and fitness classes were the first to be impacted. As a result, the drop in hydration belt sales was expected, and it will remain low until things return to normal. People moved their purchasing preferences from non-essential to vital things, slowing the market's growth even more.
The key market players profiled in the report include Nathan Sports, FITLETIC, URPOWER, Adalid Gear, Salomon S.A.S., CamelBak, Ultimate Direction, FFITTECH, Osprey Packs, Inc., Implus LLC, Amphipod, Inc., TREK 'N' RIDE, Ultimate Direction
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Key Benefits of the Report
○ This study presents the analytical depiction of the hydration belt industry along with the current trends and future estimations to determine the imminent investment pockets.
○ The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the hydration belt market share.
○ The current market is quantitatively analyzed from 2020 to 2028 to highlight the hydration belt market growth scenario.
○ Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
○ The report provides a detailed hydration belt market analysis based on competitive intensity and how the competition will take shape in coming years
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to offer business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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