Hiking Gear and Equipment Market
Global Hiking Gear and Equipment Market Size, Share & Trends Analysis Report by Product (Sleep Solution, Shelter Solution, Clothing, Footwear, Bags & Backpacks, and Others), By End-User (Men, Women, and Kids), By Distribution Channel (Online and Retail Stores) Forecast Period 2020-2026 Update Available - Forecast 2024-2030
The global hiking gear and equipment market is anticipated to register a significant growth of 4.3% during the forecast period. The primary attribute promoting the growth of the hiking gear and equipment market is the boost in sporting activities among the youths. The prominence of outdoor sporting events has been increasing gradually over the years due to fitness trends, healthy lifestyles, and recreational activities. This trend in opting fit and healthy lifestyle in addition to the rising rate of urbanization has also positively impacted the hiking gear and equipment market. Further, the shift in demographics, a rise in urban population, and the increased importance of healthy living are driving recreational outdoor activities, thus causing the boost in demand for hiking gear and equipment.
The popularity of hiking apparel such as hiking boots on social media and effective marketing by the apparel manufacturers are alluring consumers towards adopting these apparels. Social media is more popular among millennials, and millennials create a large chunk of the consumer base for hikers in the market. Further, according to the US Census Bureau, the youngest millennial is expected to reach adulthood by 2020, therefore accounting for about 28% of the US population as well as 50% of the working population in the US. This development is expected to positively impact hiking gear and equipment. Furthermore, busy and hectic life coupled with the stress-infused mundane daily schedule is compelling people to choose outdoor activities including hiking for a change, hence driving the market growth.
Segmental Outlook
The global hiking gear and equipment market is segmented based on the product, end-user, and distribution channel. Based on the product, the market is sub-segmented into sleep solutions, shelter solutions, clothing, footwear, bags & backpacks, and others. Based on the end-user, the market is trifurcated into men, women, and kids. Based on the distribution channel the market is segmented into online and retail stores.
The Online channel for hiking gear and equipment will grow considerably
The online hiking gear and equipment segment dominate a large proportion of the market. The segment is expected to grow at a promising rate over the forecast period due to the increase in the number of digital marketing implemented by the manufacturers to sell their products. An increase in internet penetration in developing regions such as China, India, Brazil, and so on is positively impacting online sales. The growth of online sales in these countries has been constantly growing. Further, most of the brands are providing their products on e-commerce as well as on their websites across the globe. Thus, fueling the online segment market growth.
Global Hiking Gear and Equipment Market Share by Distribution Channel, 2019 (%)
Regional Outlooks
The global hiking gear and equipment market is further segmented based on geography into North America, Europe, Asia-Pacific, and the Rest of the World. North America is anticipated to be the leading region in the hiking gear and equipment market. The growth of the market can be mainly attributed to the high awareness regarding hiking gear and equipment and the rise in outdoor recreational activities among people. In addition to this, the growing construction of hiking trails in the US is creating a large number of hikers in the region, hence promoting the demand for hiking products. For instance, the Pacific Crest Trail Association, which runs from Mexico to the Canada border, issued more than 7,300 trail permits in 2018 as compared to around 1,900 trails in 2013.
Global Hiking Gear and Equipment Market Growth, by Region 2020-2026
Asia-Pacific will have considerable growth in the global hiking gear and equipment market
The Asia-Pacific is estimated to witness a significant growth rate in the global hiking gear and equipment market during the forecast period. The primary attribute promoting the growth of the market in Asia-Pacific include the rise in fitness activities and outdoor sporting events such as hiking, trekking, and camping. These activities are gaining acceptance among the people driving the growth of the market.
Market Players Outlook
The key players of the hiking gear and equipment market include VF Corp., Columbia Sportswear Co., Black Diamond Equipment Ltd., Amer Sports Oyj, Nike Inc., Adidas AG among others. . The market players are considerably contributing to the market growth by the adoption of various strategies including mergers, and acquisitions, collaborations, and new product launch, to stay competitive in the market. For instance, in February 2019, Adidas AG launched a new line of hiking boots, intending to reduce the perception of staleness and oldness associated with the hiking gear and equipment industry.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global hiking gear and equipment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Nike Inc.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Amer SportsCorp.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Adidas AG
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Johnson Outdoors Inc.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. VF Corp.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Hiking Gear & Equipment Market by Product
5.1.1. Sleep Solution (Sleeping Bags, Pads, Blanket)
5.1.2. Shelter Solution (Tents, Shelters, Tarps)
5.1.3. Clothing
5.1.4. Footwear
5.1.5. Bags &Backpacks
5.1.6. Others
5.2. Global Hiking Gear & Equipment Market by End-User
5.2.1. Men
5.2.2. Women
5.2.3. Kids
5.3. Global Hiking Gear & Equipment Market by Distribution Channel
5.3.1. Online
5.3.2. Retail Stores (Offline Stores)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Adidas AG
7.2. Amer SportsCorp.
7.3. American Recreation Products, Inc.
7.4. AMG-Group Ltd.
7.5. Asics Corp.
7.6. Big Agnes, Inc.
7.7. Black Diamond Equipment Ltd.
7.8. Columbia Sportswear Co.
7.9. Decathlon S.A.
7.10. Deuter Sport GmbH
7.11. Equinox Ltd.
7.12. Garmin Ltd.
7.13. Hilleberg the Tentmaker, Inc.
7.14. Johnson Outdoors Inc.
7.15. Kelty(Exxel Outdoors, LLC)
7.16. Marmot Mountain LLC
7.17. Montbell Co., Ltd.
7.18. NEMO Equipment, Inc.
7.19. Nike Inc.
7.20. Oliveplanet Pvt. Ltd.
7.21. Osprey Packs, Inc.
7.22. Puma SE
7.23. TATONKA GmbH
7.24. VF Corp.
7.25. Wildcraft India Pvt Ltd.
1. GLOBAL HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
2. GLOBAL HIKING SLEEP SOLUTION MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL HIKING SHELTER SOLUTION MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL HIKING CLOTHING MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
5. GLOBAL HIKING FOOTWEAR MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. GLOBAL HIKING BAGS AND BACKPACKS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL OTHERS HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. GLOBAL HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
9. GLOBAL ONLINE HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
GLOBAL RETAIL STORES HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
10. GLOBAL HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2019-2026 ($ MILLION)
11. GLOBAL HIKING GEAR & EQUIPMENT FOR MEN MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
12. GLOBAL HIKING GEAR & EQUIPMENT FOR WOMEN MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
13. GLOBAL HIKING GEAR & EQUIPMENT FOR KIDS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
14. NORTH AMERICAN HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
15. NORTH AMERICAN HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
16. NORTH AMERICAN HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
17. NORTH AMERICAN HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2019-2026 ($ MILLION)
18. EUROPEAN HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
19. EUROPEAN HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
20. EUROPEAN HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
21. EUROPEAN HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2019-2026 ($ MILLION)
22. ASIA-PACIFIC HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
23. ASIA-PACIFIC HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
24. ASIA-PACIFIC HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
25. ASIA-PACIFIC HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2019-2026 ($ MILLION)
26. REST OF THE WORLD HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
27. REST OF THE WORLD HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
28. REST OF THE WORLD HIKING GEAR & EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2019-2026 ($ MILLION)
1. GLOBAL HIKING GEAR & EQUIPMENT MARKET SHARE BY PRODUCT, 2019 VS 2026 (%)
2. GLOBAL HIKING GEAR & EQUIPMENT MARKET SHARE BY DISTRIBUTION CHANNEL, 2019 VS 2026 (%)
3. GLOBAL HIKING GEAR & EQUIPMENT MARKET SHARE BY END-USER, 2019 VS 2026 (%)
4. GLOBAL HIKING GEAR & EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
5. GLOBAL HIKING SLEEP SOLUTION MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
6. GLOBAL HIKING SHELTER SOLUTION MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
7. GLOBAL HIKING CLOTHING MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
8. GLOBAL HIKING FOOTWEAR HIKING MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
9. GLOBAL HIKING BAGS AND BACKPACKS MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
10. GLOBAL OTHERS HIKING GEAR & EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
11. GLOBAL ONLINE HIKING GEAR & EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
12. GLOBAL HIKING GEAR & EQUIPMENT RETAIL STORES MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
13. GLOBAL HIKING GEAR & EQUIPMENT FOR MEN MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
14. GLOBAL HIKING GEAR & EQUIPMENT FOR WOMEN MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
15. GLOBAL HIKING GEAR & EQUIPMENT FOR KIDS MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
16. US HIKING GEAR & EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
17. CANADA HIKING GEAR & EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
18. UK HIKING GEAR & EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
19. FRANCE HIKING GEAR & EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
20. GERMANY HIKING GEAR & EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
21. ITALY HIKING GEAR & EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
22. SPAIN HIKING GEAR & EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
23. REST OF EUROPE HIKING GEAR & EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
24. INDIA HIKING GEAR & EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
25. CHINA HIKING GEAR & EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
26. JAPAN HIKING GEAR & EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
27. REST OF ASIA-PACIFIC HIKING GEAR & EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
28. REST OF THE WORLD HIKING GEAR & EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
