The UK hiking gear and equipment market are anticipated to grow at a considerable CAGR of 3.5% during the forecast period. Increasing consumer attraction to outdoor sports activities is one of the major driving factors of the market. The presence of some of the top outdoor brands such as AMG Group, Millican, the OMM among others is another factor for the high demand for hiking products.  Further, the rise in adventure tourism companies in the country is attracting a huge number of people which in turn is propelling the market. According to UNWTO, the UK offers the largest adventure tourism market in Europe, accounting for 19% of the world’s adventure travel tourists.

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The UK hiking gear and equipment market are 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 key players of the UK hiking gear and equipment market include VF Corp., Columbia Sportswear Co., Black Diamond Equipment Ltd., Amer Sports Corp., 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 launches, to stay competitive in the market. For instance, in February 2019, Adidas AG launched a new line of hiking boots, to reduce the perception of staleness and oldness associated with the hiking gear and equipment industry.

Research Methodology

The market study of the UK hiking gear and equipment market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts to bring more authenticity to reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for hiking gear and equipment manufacturers & distributors, seed funders, venture capitalists, start-ups, research organizations, and other related organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

1. UK Hiking Gear and Equipment Market Research and Analysis by Product
2. UK Hiking Gear and Equipment Market Research and Analysis by End-User
3. UK Hiking Gear and Equipment Market Research and Analysis by Distribution channel

The Report Covers

• Comprehensive research methodology of the UK hiking gear and equipment market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the UK hiking gear and equipment industry.
• Insights about market determinants that are stimulating the UK hiking gear and equipment market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market player