Global Hiking Gear and Equipment Market Growth 2023-2029

Global Hiking Gear and Equipment Market Growth 2023-2029

Hiking equipment is the equipment taken on outdoor walking trips. Hiking is usually divided into day-hikes and multiple-day hikes, called backpacking, trekking, and walking tours. The equipment selected varies according to the duration, distance, planned activities, and the environment. Additional factors include weight and preparedness for unplanned events. The level of preparedness can relate to remoteness and potential hazards; for example, a short day hike across farmland or trekking in the Himalayas. The length and duration of a walk can influence the amount of weight carried.

LPI (LP Information)' newest research report, the “Hiking Gear and Equipment Industry Forecast” looks at past sales and reviews total world Hiking Gear and Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Hiking Gear and Equipment sales for 2023 through 2029. With Hiking Gear and Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hiking Gear and Equipment industry.

This Insight Report provides a comprehensive analysis of the global Hiking Gear and Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hiking Gear and Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hiking Gear and Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hiking Gear and Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hiking Gear and Equipment.

The global Hiking Gear and Equipment market size is projected to grow from US$ 22100 million in 2022 to US$ 28540 million in 2029; it is expected to grow at a CAGR of 28540 from 2023 to 2029.

The rise in value-added and innovative adventure sports products is an important emerging trend, which is expected to have a positive impact on market growth during the forecast period. To cater to the varied needs of consumers, vendors today are introducing innovative product offerings in terms of design, color, shape, and weight. The competition among key players is intense, and it becomes necessary for these manufacturers to constantly improve their product offerings in order to maintain their position in the market. For instance, manufacturers have started reinventing the insulation used in tents, which helps in keeping cold air from reaching the user's body.

This report presents a comprehensive overview, market shares, and growth opportunities of Hiking Gear and Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Hiking Apparel
Hiking Shoes
Hiking Equipment
Others

Segmentation by application
Supermarkets and Hypermarkets
Specialty and Sports Stores
Online Retails

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
The North Face
Marmont Mountain
Black Diamond
Arc'teryx
Marmot
Mountain Hardwear
Kelty
MontBell
AMG Group
Big Agnes
Sierra Designs
Force Ten
Skandika
Snugpak
Paddy Pallin

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hiking Gear and Equipment market?

What factors are driving Hiking Gear and Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hiking Gear and Equipment market opportunities vary by end market size?

How does Hiking Gear and Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.