[250 Pages Report] As per newly released data by Future Market Insights (FMI), the global backpacker gears market is estimated at approximately US$ 900 Million in 2022 and is projected to reach US$ 1,770.44 Million by 2032, at a CAGR of 7.0% from 2022 to 2032. The share of the backpacker gears market in its parent market (Hiking & Equipment Market) is approximately 10% - 15%.
Attribute | Details |
---|---|
Estimated Backpacker Gears Market Size 2022 | ~US$ 900.00 Million |
Projected Backpacker Gears (2032) Market Size | US$ 1770.44 Million |
Value CAGR (2022 to 2032) | 7.0% |
Backpacker Gears Market Top Players Share in 2021. | 8% - 12% |
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Travelers entail traveling to other towns, cities, mountains, or countries for various reasons. Nowadays there is a rising demand for adventure activities among the young generation. The generation wants to explore the environment, study nature, and also want to have fun. The increasing inclination towards ecological tours, health and lifestyle, and short recreational activities, are rising demands for backpack gear.
Since there is a rise in demand for such recreational activities various companies are taking initiatives to make innovative backpack gear by making it lightweight or combining it with technology or enhancing safety for the comfort and convenience of the traveler.
Social networking sites like Facebook, Twitter, and Instagram have widened the reach of promotions through online advertisements, enabled content providers to spread information via digital media, and enabled people to connect and fill gaps in their social networks.
In recent years various YouTubers have started promoting backpacking gears on their YouTube channels. Whereas, even various companies are collaborating with the leading social media travel influences for promoting or launching their products in the form of takeaways, or promotional events. The promoters attract consumers and this help to generate the demand for backpack gear among travelers.
The stress level of the global population has significantly increased over the last few years. The effect is taking place due to frequent changes in lifestyle habits due to workload, social and environmental impact, political landscape, and other crises.
Therefore, travelers participate in various outdoor activities such as hiking, trekking, camping, bike riding to take a break and rejuvenate their mental and physical health. Also, the various originations create awareness of stress relief tours and campaigns. Hence, increasing demand for physical and mental benefits and the rise in outdoor activates generate high demand for this backpack gears market.
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Environmental Pioneer to Lead Backpack Gears Market with Eco-friendly Gears
Sweden is an environmental pioneer. Sweden is being on the top ten lists of the global environmental performance index for more than a decade. According to International Energy Agency (IEA), Sweden’s energy policy has set a goal for sustainability, being fossil-free, and making use of 100% renewable energy by 2045. The consumer in Sweden demand eco-friendly products.
Therefore, companies in Sweden are producing and promoting eco-friendly products on a big scale. For example, Fjällräven a Swedish company manufacturing backpack gears with eco-friendly and sustainable materials from recycled woo, organic hemp, and recycled polyester.
Green business practices are the backbone of the company's manufacturing process. As a result, various other businesses have begun to take the lead in developing sustainable bag pack items.
Appalachian Trails to Drive the Backpackers Market in America
America is the largest market for backpack gear and equipment. Consumers are indulging in more outdoor activities, and adventure activities to take a break from their daily busy schedule. The trend of experiencing Appalachian trails trek is attracting hikers for the activity of climbing a mountain.
According to the report published by Appalachian Trail Conservancy (ATC), the count of hikers attempting a climb from Georgia to Maine has doubled in 7 years from 1460 hikers in 2010 to 3735 climbers in 2017. Also, the Pacific Crest Trail (PCT) from Mexico to Canada covering California, Oregon, and Washington is attracting hikers. These events and its trend are driving the sales of the Backpackers Market in North America.
Footwear The Most Preferable Gear
According to the analysis, in terms of product type, there is more demand for footwear among travelers. The traveler intends to wear appropriate footwear during the trip. As a result, a traveler is more specific about things like quality, water resistance, comfort, and numerous factors. With an increase in tours and journeys, the need for footwear is also anticipated to increase.
Demand for the Gears Is Expected To Remain High Among Young and Middle Age Generation
In terms of age group, the number of tourists in the age bracket of 15-25 years and 26-35 years is expected to boost the market significantly, since this demographic is more inclined towards health and lifestyle, fitness, exploration, leisure, etc. and is more interested to study nature.
Hence more rises in trips and tours will generate more demand for backpack gear. Also, social media promotion may have an influential impact to buy this gear.
Hikers to Rise Backpack Gears Market
In terms of application, hiking is mostly preferred by tourists. People from all age groups love to do hiking. In recent years there is a growing attraction for treks in parts of Asia. With the rise of participants in hiking and events, there is a rise in demand for backpack gear. Also, there will be a rise in demand for technological advancement in the gears such as GPS backpacks, charging facilities, etc.
Leading players operating globally in the market are focusing on expansion in multiple equipment, accessories, and new innovative gear launches in order to expand their business globally.
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Attribute | Details |
---|---|
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | US$ Million for Value |
Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania & MEA |
Key Countries Covered | United States of America, Canada, Brazil, Mexico, Argentina, Colombia Germany, The UK, France, Italy, Russia, South Africa, Turkey, UAE, Egypt, Jordan China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Philippines, Australia & New Zealand. |
Key Segments Covered | Product Type, Application Type, Distribution Type, Consumer Orientation, Age Group, and Region. |
Key Companies Profiled | VF Corporation (The North Face); Decathlon; Trek kit; Mountain Hardware; Black Diamond Equipments ltd.; Amer Sports; Newell Brands; Woodland; Mont-Bell Co. Ltd.; Rebook; Craghoppers; Wildcraft; Quechua; Columbia Sportsware Co.; Sierra Designs; Tatonka GmbH; ACE Cultural Tours; Outside Interactive, Inc.; Patagonia Inc. |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The global backpacker gears market reached a valuation of approximately US$ 900 Million in 2022.
Growing popularity of adventure trips and treks, innovative gears, new tour launches, and increasing mergers and acquisitions etc. are the key trends in the market.
Leading players operating in the global backpacker gears market are VF Corporation, Black Diamond Equipments Ltd., Amer Sports, Outside Interactive, Inc., AMG Group, Tatonka GmbH, Wildcraft are among others.
The North America backpacker gears market is projected to grow at a 22.0% CAGR over the forecast period.
The Asia-Pacific backpacker gears market is projected to grow at a 30.0% CAGR over the forecast period.
Leading players in the global backpacker gears market are estimated to account for approximately ~8%-12% of the total market share.
The Europe backpacker gears market is anticipated to expand at 25.0% CAGR over the forecast period.
1. Executive Summary | Backpacker Gears Market 1.1. Global Backpacker Gear Market Outlook 1.2. Tourism Evolution Analysis 1.3. FMI Analysis and Recommendations 2. Market Introduction 2.1. Total Spending (US$ Million) and Forecast (2022 to 2032) 2.2. Number of Backpack Gear users and Forecast (2022 to 2032) 2.3. Total Spending Y-o-Y Growth Projections (2022 to 2032) 2.4. Number of Backpack Gear users Y-o-Y Growth Projections 3. Global Tourism Industry Analysis 3.1. Industry Overview 3.1.1. Backpacker Gear Industry Contribution To Global GDP 3.1.2. Backpacker Gear Contribution To Global Overall Employment 3.1.3. Backpacker Gear Industry Growth Rate 3.1.4. Foreign Visitor Exports As Percentage of Total Exports 3.1.5. Capital Investment In Backpacker Gear Industry 3.1.6. Different Components of the Backpacker Gear Market. 4. Global Backpacker Gear Market Dynamics 4.1. Market Drivers & Opportunities 4.1.1. Innovative Technology Implementation in Backpacker Gears to Fuel the Market. 4.1.2. Growing Trends of Outdoor Activities such as hiking, trekking, riding, and others have a Significant Impact on Backpacker Gear Market. 4.1.3. Growing Popularity of Backpacker Gears Among Youths. 4.1.4. Desire of People to Get Away From Their Daily Routine & Daily Life Process. 4.1.5. Increasing Popularity of Short Gateway Holidays. 4.1.6. Growing Traveler's Special Interest in Mountains, Terrains, and New Regions. 4.1.7. Others (during course study) 4.2. Challenges in Backpack Gear Market 5. Market Background 5.1. Macro-Economic Factors 5.1.1. Global GDP Growth Outlook 5.1.2. Global Industry Value Added 5.1.3. Global Direct contribution of Backpack Gear Market to GDP 5.1.4. Capital Investment In Travel & Tourism 5.1.5. Income Group Population Overview 5.1.6. Global Consumer Spending Outlook 5.1.7. Top Tourism Spending Countries 5.2. Forecast Factors - Relevance & Impact 6. Categorizing of Global Backpack Gears Market 2021 6.1. Introduction/ Key Findings 6.2. Current Market Analysis By Product Type (% of Demand) 6.2.1. Clothes 6.2.2. Footwear 6.2.3. Backpacks 6.2.4. Equipment 6.2.5. Others 6.3. Current Market Analysis By Application Type (% of Demand) 6.3.1. Trekking 6.3.2. Rafting 6.3.3. Hiking 6.3.4. Camping 6.3.5. Skiing 6.3.6. Others 6.4. Current Market Analysis By Booking Channel (% of Demand) 6.4.1. Speciality Stores 6.4.2. Retail Stores 6.4.3. Online 6.5. Current Market Analysis By Consumer Orientation (% of Demand) 6.5.1. Men 6.5.2. Women 6.5.3. Children 6.6. Current Market Analysis By Age Group (% of Demand) 6.6.1. 15-25 Years 6.6.2. 26-35 Years 6.6.3. 36-45 Years 6.6.4. 46-55 Years 6.7. Current Market Analysis By Region (% of Demand) 6.7.1. North America 6.7.2. Latin America 6.7.3. Europe 6.7.4. East Asia 6.7.5. South Asia 6.7.6. Oceania 6.7.7. Middle East and Africa (MEA) 6.8. Key Findings, By Each Category 7. Categorizing of North America Backpack Gears Market 2021 7.1. Introduction/ Key Findings 7.2. Current Market Analysis By Product Type (% of Demand) 7.2.1. Clothes 7.2.2. Footwear 7.2.3. Backpacks 7.2.4. Equipment 7.2.5. Others 7.3. Current Market Analysis By Application Type (% of Demand) 7.3.1. Trekking 7.3.2. Rafting 7.3.3. Hiking 7.3.4. Camping 7.3.5. Skiing 7.3.6. Others 7.4. Current Market Analysis By Booking Channel (% of Demand) 7.4.1. Speciality Stores 7.4.2. Retail Stores 7.4.3. Online 7.5. Current Market Analysis By Consumer Orientation (% of Demand) 7.5.1. Men 7.5.2. Women 7.5.3. Children 7.6. Current Market Analysis By Age Group (% of Demand) 7.6.1. 15-25 Years 7.6.2. 26-35 Years 7.6.3. 36-45 Years 7.6.4. 46-55 Years 7.7. Current Market Analysis By Country (% of Demand) 7.7.1. US 7.7.2. Canada 7.8. Key Findings, By Each Category 8. Categorizing of Latin America Backpack Gears Market 2021 8.1. Introduction/ Key Findings 8.2. Current Market Analysis By Product Type (% of Demand) 8.2.1. Clothes 8.2.2. Footwear 8.2.3. Backpacks 8.2.4. Equipment 8.2.5. Others 8.3. Current Market Analysis By Application Type (% of Demand) 8.3.1. Trekking 8.3.2. Rafting 8.3.3. Hiking 8.3.4. Camping 8.3.5. Skiing 8.3.6. Others 8.4. Current Market Analysis By Booking Channel (% of Demand) 8.4.1. Speciality Stores 8.4.2. Retail Stores 8.4.3. Online 8.5. Current Market Analysis By Consumer Orientation (% of Demand) 8.5.1. Men 8.5.2. Women 8.5.3. Children 8.6. Current Market Analysis By Age Group (% of Demand) 8.6.1. 15-25 Years 8.6.2. 26-35 Years 8.6.3. 36-45 Years 8.6.4. 46-55 Years 8.7. Current Market Analysis By Country (% of Demand) 8.7.1. Brazil 8.7.2. Mexico 8.7.3. Argentina 8.7.4. Colombia 8.7.5. Rest of LA 8.8. Key Findings, By Each Category 9. Categorizing of Europe Backpack Gears Market 2021 9.1. Introduction/ Key Findings 9.2. Current Market Analysis By Product Type (% of Demand) 9.2.1. Clothes 9.2.2. Footwear 9.2.3. Backpacks 9.2.4. Equipment 9.2.5. Others 9.3. Current Market Analysis By Application Type (% of Demand) 9.3.1. Trekking 9.3.2. Rafting 9.3.3. Hiking 9.3.4. Camping 9.3.5. Skiing 9.3.6. Others 9.4. Current Market Analysis By Booking Channel (% of Demand) 9.4.1. Speciality Stores 9.4.2. Retail Stores 9.4.3. Online 9.5. Current Market Analysis By Consumer Orientation (% of Demand) 9.5.1. Men 9.5.2. Women 9.5.3. Children 9.6. Current Market Analysis By Age Group (% of Demand) 9.6.1. 15-25 Years 9.6.2. 26-35 Years 9.6.3. 36-45 Years 9.6.4. 46-55 Years 9.7. Current Market Analysis By Country (% of Demand) 9.7.1. Germany 9.7.2. Russia 9.7.3. France 9.7.4. Italy 9.7.5. UK 9.7.6. Rest of Europe 9.8. Key Findings, By Each Category 10. Categorizing of East Asia Backpack Gears Market 2021 10.1. Introduction/ Key Findings 10.2. Current Market Analysis By Type (% of Demand) 10.2.1. Clothes 10.2.2. Footwear 10.2.3. Backpacks 10.2.4. Equipment 10.2.5. Others 10.3. Current Market Analysis By Application Type (% of Demand) 10.3.1. Trekking 10.3.2. Rafting 10.3.3. Hiking 10.3.4. Camping 10.3.5. Skiing 10.3.6. Others 10.4. Current Market Analysis By Booking Channel (% of Demand) 10.4.1. Speciality Stores 10.4.2. Retail Stores 10.4.3. Online 10.5. Current Market Analysis By Consumer Orientation (% of Demand) 10.5.1. Men 10.5.2. Women 10.5.3. Children 10.6. Current Market Analysis By Age Group (% of Demand) 10.6.1. 15-25 Years 10.6.2. 26-35 Years 10.6.3. 36-45 Years 10.6.4. 46-55 Years 10.7. Current Market Analysis By Country (% of Demand) 10.7.1. China 10.7.2. Japan 10.7.3. South Korea 10.8. Key Findings, By Each Category 11. Categorizing of South Asia Backpack Gears Market 2021 11.1. Introduction/ Key Findings 11.2. Current Market Analysis By Type (% of Demand) 11.2.1. Clothes 11.2.2. Footwear 11.2.3. Backpacks 11.2.4. Equipment 11.2.5. Others 11.3. Current Market Analysis By Application Type (% of Demand) 11.3.1. Trekking 11.3.2. Rafting 11.3.3. Hiking 11.3.4. Camping 11.3.5. Skiing 11.3.6. Others 11.4. Current Market Analysis By Booking Channel (% of Demand) 11.4.1. Speciality Stores 11.4.2. Retail Stores 11.4.3. Online 11.5. Current Market Analysis By Consumer Orientation (% of Demand) 11.5.1. Men 11.5.2. Women 11.5.3. Children 11.6. Current Market Analysis By Age Group (% of Demand) 11.6.1. 15-25 Years 11.6.2. 26-35 Years 11.6.3. 36-45 Years 11.6.4. 46-55 Years 11.7. Current Market Analysis By Country (% of Demand) 11.7.1. India 11.7.2. Malaysia 11.7.3. Indonesia 11.7.4. Thailand 11.7.5. Philippines 11.7.6. Cambodia 11.7.7. Vietnam 11.7.8. Rest of SA 11.8. Key Findings, By Each Category 12. Categorizing of Oceania Backpack Gears Market 2021 12.1. Introduction/ Key Findings 12.2. Current Market Analysis By Type (% of Demand) 12.2.1. Clothes 12.2.2. Footwear 12.2.3. Backpacks 12.2.4. Equipment 12.2.5. Others 12.3. Current Market Analysis By Application Type (% of Demand) 12.3.1. Trekking 12.3.2. Rafting 12.3.3. Hiking 12.3.4. Camping 12.3.5. Skiing 12.3.6. Others 12.4. Current Market Analysis By Booking Channel (% of Demand) 12.4.1. Speciality Stores 12.4.2. Retail Stores 12.4.3. Online 12.5. Current Market Analysis By Consumer Orientation (% of Demand) 12.5.1. Men 12.5.2. Women 12.5.3. Children 12.6. Current Market Analysis By Age Group (% of Demand) 12.6.1. 15-25 Years 12.6.2. 26-35 Years 12.6.3. 36-45 Years 12.6.4. 46-55 Years 12.7. Current Market Analysis By Country (% of Demand) 12.7.1. Australia 12.7.2. New Zealand 12.8. Key Findings, By Each Category 13. Categorizing of Middle East and Africa Backpack Gears Market 2021 13.1. Introduction/ Key Findings 13.2. Current Market Analysis By Type (% of Demand) 13.2.1. Clothes 13.2.2. Footwear 13.2.3. Backpacks 13.2.4. Equipment 13.2.5. Others 13.3. Current Market Analysis By Application Type (% of Demand) 13.3.1. Trekking 13.3.2. Rafting 13.3.3. Hiking 13.3.4. Camping 13.3.5. Skiing 13.3.6. Others 13.4. Current Market Analysis By Booking Channel (% of Demand) 13.4.1. Speciality Stores 13.4.2. Retail Stores 13.4.3. Online 13.5. Current Market Analysis By Consumer Orientation (% of Demand) 13.5.1. Men 13.5.2. Women 13.5.3. Children 13.6. Current Market Analysis By Age Group (% of Demand) 13.6.1. 15-25 Years 13.6.2. 26-35 Years 13.6.3. 36-45 Years 13.6.4. 46-55 Years 13.7. Current Market Analysis By Country (% of Demand) 13.7.1. Turkey 13.7.2. South Africa 13.7.3. UAE 13.7.4. Egypt 13.7.5. Jordan 13.7.6. Rest of MEA 13.8. Key Findings, By Each Category 14. Competition Analysis 14.1. Competition Dashboard 14.2. Competition Benchmarking 14.3. Competition Deep Dive 14.3.1. VF Corporation (The North Face). 14.3.1.1. Overview 14.3.1.2. Service Portfolio 14.3.1.3. Strategy Overview/campaigns 14.3.2. Decathlon 14.3.2.1. Overview 14.3.2.2. Service Portfolio 14.3.2.3. Strategy Overview/campaigns 14.3.3. Trek kit 14.3.3.1. Overview 14.3.3.2. Service Portfolio 14.3.3.3. Strategy Overview/campaigns 14.3.4. Mountain Hardware 14.3.4.1. Overview 14.3.4.2. Service Portfolio 14.3.4.3. Strategy Overview/campaigns 14.3.5. Black Diamond Equipments ltd. 14.3.5.1. Overview 14.3.5.2. Service Portfolio 14.3.5.3. Strategy Overview/campaigns 14.3.6. Amer Sports 14.3.6.1. Overview 14.3.6.2. Service Portfolio 14.3.6.3. Strategy Overview/campaigns 14.3.7. Newell Brands 14.3.7.1. Overview 14.3.7.2. Service Portfolio 14.3.7.3. Strategy Overview/campaigns 14.3.8. Woodland 14.3.8.1. Overview 14.3.8.2. Service Portfolio 14.3.8.3. Strategy Overview/campaigns 14.3.9. Mont-Bell Co. Ltd. 14.3.9.1. Overview 14.3.9.2. Service Portfolio 14.3.9.3. Strategy Overview/campaigns 14.3.10. Rebook 14.3.10.1. Overview 14.3.10.2. Service Portfolio 14.3.10.3. Strategy Overview/campaigns 14.3.11. Craghoppers 14.3.11.1. Overview 14.3.11.2. Service Portfolio 14.3.11.3. Strategy Overview/campaigns 14.3.12. Wildcraft 14.3.12.1. Overview 14.3.12.2. Service Portfolio 14.3.12.3. Strategy Overview/campaigns 14.3.13. Quechua 14.3.13.1. Overview 14.3.13.2. Service Portfolio 14.3.13.3. Strategy Overview/campaigns 14.3.14. Columbia Sportsware Co. 14.3.14.1. Overview 14.3.14.2. Service Portfolio 14.3.14.3. Strategy Overview/campaigns 14.3.15. Sierra Designs 14.3.15.1. Overview 14.3.15.2. Service Portfolio 14.3.15.3. Strategy Overview/campaigns 14.3.16. AMG Group 14.3.16.1. Overview 14.3.16.2. Service Portfolio 14.3.16.3. Strategy Overview/campaigns 14.3.17. Tatonka GmbH 14.3.17.1. Overview 14.3.17.2. Service Portfolio 14.3.17.3. Strategy Overview/campaigns 14.3.18. Outside Interactive Inc. 14.3.18.1. Overview 14.3.18.2. Service Portfolio 14.3.18.3. Strategy Overview/campaigns 14.3.19. Other Players (As Per Request) 14.3.19.1. Overview 14.3.19.2. Service Portfolio 14.3.19.3. Strategy Overview/campaigns 15. Consumer Sentiment Analysis 15.1. Which specific backpack gear is preferred by tourists and why? 15.2. Are consumers ready to pay a premium price for backpack gear? 15.3. Does social media influence tourists’ decision-making? 15.4. Which mode of advertisement do backpacker gear companies prefer? 15.5. Others 16. Social Media Sentimental Analysis 16.1. Social Media Platforms Preferred 16.1.1. Facebook 16.1.2. YouTube 16.1.3. Instagram 16.1.4. Twitter 16.1.5. LinkedIn 16.1.6. Pinterest 16.1.7. Google+ 16.1.8. Others 16.2. Consumer Perception for Backpacker Gears On Social Media Platforms-Positive and Negative Mentions 16.3. Trending #Hashtags 16.4. Social Media Platform Mentions (% of Total Mentions) 16.5. Region-Wise Social Media Mentions (% of Total Mentions) 16.6. Trending Subject Titles 17. Assumptions and Acronyms Used 18. Research Methodology
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