Hiking Gear & Equipment

Hiking Gear & Equipment

Global Hiking Gear & Equipment Market to Reach $9.6 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Hiking Gear & Equipment estimated at US$4.4 Billion in the year 2022, is projected to reach a revised size of US$9.6 Billion by 2030, growing at aCAGR of 10.2% over the period 2022-2030. Gear & Equipment, one of the segments analyzed in the report, is projected to record 11.8% CAGR and reach US$4.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Apparel segment is readjusted to a revised 10% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 15% CAGR
The Hiking Gear & Equipment market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.3 Billion by the year 2030 trailing a CAGR of 15% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6% and 9.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.9% CAGR.

Select Competitors (Total 36 Featured) -

• Amer Sports
• AMG-Group
• Black Diamond Equipment, Ltd.
• Camping Equipment Company
• Equinox Ltd.
• Exxel Outdoors
• Marmot Mountain LLC
• mont-bell Co., Ltd.
• Mountain Hardwear
• Newell Brands
• North Face
• Recreational Equipment Inc,
• Sierra Designs
• TATONKA
• VF Corp.

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