Fast Market Research

Report: Exponential Growth in the Running Population Globally Is the Prime Factor Driving the Demand for Hydration Belts

Fast Market Research announces the availability of Technavio's new report "Global Hydration Belts Market 2015-2019" on their comprehensive research portal

 

Boston, MA -- (SBWIRE) -- 08/10/2015 -- Hydration belts are used for hydrating the body during physical activities, such as jogging and running. They are highly preferred by athletes who regularly participate in marathons, trail running, and triathlons, as well as sports professionals. Due to competition from related products, such as hydration vests and packs, vendors are developing belts that are able to accommodate energy drinks and bottles of bigger size. Vendors are also offering customized hydration belts.

Technavio's analysts forecast the global hydration belts market to grow at a CAGR of 3.71% over the period 2014-2019.

Get More Details on this Report and a Full Table of Contents at Global Hydration Belts Market 2015-2019

Commenting on the report, an analyst from Technavio's team said: "The rise in popularity of hydration belts has prompted increased technological advancements in the industry. The manufacturers are continuously innovating in terms of materials, durability, weight, and quality. There is greater emphasis on reducing the size of hydration belts especially for long-duration running activities."

According to the report, exponential growth in the running population globally is the prime factor driving the demand for hydration belts, and this can be attributed to the rising awareness among customers of the health benefits associated with running and jogging.

Further, the report states that despite best in class quality, vendors are unable to attract sales volume from emerging regions due to high price. Since APAC and the MEA are emerging regions populated by middle and low income customers, further growth for hydration belts manufacturers is restricted.

The key players in the Global Hydration Belts Market are Amphipod Inc., FuelBelt Inc., Nathan Sports Inc. and Ultimate Direction while other prominent vendors include Camelbak Products, Decathlon, Fitletic, Salomon and The North Face

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)