Hydration bottle is a portable hydration bottle designed specifically for sports enthusiasts. It is lightweight, sealed, leak proof, and insulated, making it suitable for replenishing water and maintaining good health during exercise. It is usually made of high-quality materials such as stainless steel, silicone, or high-density polyethylene to ensure its durability and drop resistance.
Overview of Market Development
The European hydration bottle market has shown a steady growth trend in recent years and is expected to continue to maintain a good growth trend in the coming years. According to our research data, the European hydration bottle market is expected to reach $755 million in 2024, an increase of 8.29% from 2023, and is expected to continue growing to $1042 million by 2029. The CAGR for 2024-2029 is estimated to be 6.66%.
Analysis of Market Competition Pattern
From the perspective of market competition, the concentration of the European hydration bottle market is low. Data shows that in 2023, the total output value of hydration bottles from the top 3 companies in the industry was $132 million, with a total output value share of only 18.98%; The total output value of the top 6 enterprises' hydration bottles was $242 million, with a total output value share of only 34.68%. The top three companies were Thermos, Chilly's Bottles, and CamelBak. In 2023, these three companies had a market share of 6.68%, 6.23%, and 6.07% in the European hydration bottle market, respectively.
Europe Hydration Bottle Market Size Forecast and Competitive Landscape Analysis
Source: www.globalmarketmonitor.com
Segmented Market Analysis
From the perspective of product types, hydration bottles can be divided into plastic hydration bottles, stainless steel hydration bottles, and glass hydration bottles according to different materials. Among them, stainless steel hydration bottles dominate the market, with an expected market share of 56.29% by 2024.
From a national perspective, Germany is the largest revenue market for hydration bottles in Europe. Data shows that the revenue of the German hydration bottle market is expected to reach $115 million in 2024, with an estimated market share of 15.23%; The UK and French markets are expected to rank second and third with market shares of 12.05% and 11.66%, respectively.
Europe Hydration Bottle Segment Market Size and Market Share Forecast in 2024
|
|
Market Revenue (Million USD)
|
Market Share
|
|
Segmented by Type
|
|
Plastic Hydration Bottles
|
285
|
37.75%
|
|
Stainless Steel Hydration Bottles
|
425
|
56.29%
|
|
Glass Hydration Bottles
|
45
|
5.96%
|
|
Segmented by Countries
|
|
Germany
|
115
|
15.23%
|
|
UK
|
91
|
12.05%
|
|
France
|
88
|
11.66%
|
|
Italy
|
87
|
11.52%
|
|
Spain
|
50
|
6.62%
|
|
Russia
|
79
|
10.46%
|
|
Others
|
245
|
32.46%
|
Source: www.globalmarketmonitor.com
Market Development Prospects Forecast
With the increasing demand for quality of life and environmental awareness among consumers, the demand for hydration bottles in the European market will continue to rise. Especially in markets such as Italy, consumers have a high pursuit for the design, material, and environmental performance of hydration bottles, which has driven the market towards diversification and personalization. In addition, with the continuous application and promotion of intelligent technology, the European hydration bottle market will also usher in more development opportunities. Overall, the European hydration bottle market has broad development prospects.
Chinese