Hiking gear and equipment are a collection of items used by people who participate in outdoor activities. Outdoor tours, backpacking trips, and trekking all necessitate hiking gear and equipment. The necessary equipment is chosen based on the distance, duration, environment, and activities planned.
MARKET DYNAMICS
Consumer awareness of the importance of short recreational activities, healthy lifestyles, and fitness regimens leads to an increase in participation in adventure sports. The market for hiking gear and equipment is expected to increase due to millennial' and generations' growing interest in various sports activities. The lack of consumer awareness about the importance of using safety products while hiking poses a significant challenge to the market's growth.
MARKET SCOPE
The " Hiking gear and equipment Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the hiking gear and equipment market with detailed market segmentation by product category and distribution channel. The global hiking gear and equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hiking gear and equipment market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
By Product category
- Apparel
- Footwear
- Backpack
- Equipment
- Others
By Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
- Others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global hiking gear and equipment market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The hiking gear and equipment market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report also includes the profiles affecting the hiking gear and equipment market from both the demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the hiking gear and equipment market in these regions.
MARKET PLAYERS
The report covers vital developments in the hiking gear and equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market payers from the hiking gear and equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for hiking gear and equipment in the global market. Below mentioned is the list of few companies engaged in the hiking gear and equipment market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hiking gear and equipment market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Black Diamond Equipment Ltd.
- Mountain Hardware
- Amer Sports
- Marmot Mountain LLC
- Montbell Co.Ltd.
- Equinox Ltd.
- The North Face
- Kelty
- AMG-Group and Sierra Designs
- TATONKA
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.