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.
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.
One of the key drivers for market growth is government initiatives to promote outdoor activities. In many countries, the government is introducing initiatives to promote various outdoor activities, which can boost the growth of the hiking gear and equipment market during the forecast period. In India, the Ministry of Tourism is working with the Indian Mountaineering Federation and Adventure Tour Operators Association to promote the country as an adventure tourism destination.
In 2019, the market size of Hiking Gear and Equipment is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Hiking Gear and Equipment.
This report studies the global market size of Hiking Gear and Equipment, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Hiking Gear and Equipment sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
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
Market Segment by Product Type
Hiking Apparel
Hiking Shoes
Hiking Equipment
Others
Market Segment by Application
Supermarkets and Hypermarkets
Specialty and Sports Stores
Online Retails
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Hiking Gear and Equipment status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Hiking Gear and Equipment manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Hiking Gear and Equipment are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Hiking Gear and Equipment. Industry analysis & Market Report on Hiking Gear and Equipment is a syndicated market report, published as Global (United States, European Union and China) Hiking Gear and Equipment Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Hiking Gear and Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.