Product Code: SR112023A2729
Abstract
The global hiking gear and equipment market size reached US$ 6.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.1 Billion by 2028, exhibiting a growth rate (CAGR) of % d6.0uring 2022-2028.
Hiking refers to a recreational activity that involves long, vigorous walks on trails or footpaths in the countryside. Hiking gear and equipment are carried along by hikers for safeguarding themselves against unexpected events, such as injuries, bad weather, a closed trail, wild animals and other emergencies. At present, different types of gear and equipment are available depending on the duration, planned activities, distance and the environment of the trek.
Significant growth in the number of individuals participating in recreational and sports activities on account of rapid urbanization, inflating disposable incomes and the increasing consumer preferences for healthy and adventurous lifestyles represents one of the significant factors stimulating the market growth. Moreover, governments of various countries are supporting vacation packages that include sports and physical activities. This, in confluence with the increasing trend of adventure tourism, is contributing to the market growth. Apart from this, the rising trend for athleisure, the growing influence of social media and the increasing popularity of catalog shopping are escalating the demand for hiking gear and equipment through e-commerce channels. Furthermore, leading players are adopting different digital marketing strategies to expand their consumer base. They are also focusing on the development of eco-friendly product variants with enhanced comfort and innovative designs.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global hiking gear and equipment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, gender and distribution channel.
Breakup by Product:
Clothes
Footwear
Backpack
Equipment
Others
Breakup by Gender:
Men
Women
Kids
Breakup by Distribution Channel:
Online
Offline
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Amer Sports Oyj, AMG Group Ltd., Black Diamond Equipment, Ltd. (Clarus Corp.), Equinox Industries Ltd., Marmot Mountain LLC (Newell Brands), Montbell Co. Ltd., Mountain Hardwear (Columbia Sportswear), Sierra Designs, Tatonka GmbH and VF Corporation.
Key Questions Answered in This Report:
- How has the global hiking gear and equipment market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global hiking gear and equipment market?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the gender?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global hiking gear and equipment market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Hiking Gear and Equipment Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Clothes
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Footwear
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Backpack
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Equipment
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Gender
- 7.1 Men
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Women
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Kids
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Distribution Channel
- 8.1 Online
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Offline
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.2 Asia Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Amer Sports Oyj
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 SWOT Analysis
- 14.3.2 AMG Group Ltd.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Black Diamond Equipment Ltd. (Clarus Corp.)
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Equinox Industries Ltd.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Marmot Mountain LLC (Newell Brands)
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Montbell Co. Ltd.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Mountain Hardwear (Columbia Sportswear)
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Sierra Designs
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Tatonka GmbH
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 VF Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis