Trekking Backpacks Market Forecast to 2028
The trekking backpack market was valued at US $ 3,349. 66 million in 2021 and is expected to reach US $ 4,627. 68 million by 2028; it is expected to grow at a CAGR of 4.7% from 2021 to 2028. The trekking backpack is a type of backpack with additional pockets and hip or chest belts to carry a heavier load during trekking .
New York, January 06, 2022 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Trekking Rucksack Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Capacity, Material, and Distribution Channel” – https://www.reportlinker.com/p06195651/?utm_source=GNW
The manufacturers of these bags focus on the quality, material and weight of the product to meet changing consumer preferences which are influenced by comfort and environmental conditions.
For example, Amer Sports, through its Arc’teryx brand, offers waterproof backpacks made from perfluorinated chemicals (PFCs). Market players are also focusing on offering personalized trekking backpacks for women, as the number of female hikers keeps increasing around the world.
Based on capacity, the global trekking backpacks market is segmented into up to 20 liters, 20-50 liters and over 50 liters. These backpacks are designed for multi-day use and are used to carry heavier loads than day backpacks.
Most of these backpacks will have all of the features found in a backpack, but with attachment points, padding, and additional pockets. The backpacks also have space to carry any extra gear or gear that a traveler would need during the trek.
The backpack is ideal for those going on an overnight trip. The 50 liter backpack is enough to hold a sleeping bag, tent and clothes for a 3 day hike.
The segment is one of the most popular as many travelers go hiking on weekends and reportedly have a target audience of consumers who are light to moderate travelers. The segment is expected to see high growth prospects as more people participate in outdoor recreational activities and two-day treks are one of the most popular among travelers.
Based on the material, the global trekking backpacks market is segmented into nylon, polyester, canvas and others. The nylon segment represents the largest market share.
Polyester segment is expected to register the highest CAGR in the teg market during the forecast period. Nylon, also known as a thermoplastic, is an artificial polymer that is generally derived from petroleum.
It is durable, light and smooth. In addition, it can be modified into any design or shape by adding a delustering agent when it is in the melting stage, making it a flexible fiber.
The material has higher elasticity, which makes it possible to comfortably accommodate large amounts of luggage in these backpacks. In addition, thanks to the excellent flexibility of the product, the material can comfortably return to its original state without any creases and creases. Usually, when the material is stretched too long, the fibers become soft and thin but retain their strength. Nylon also has a low absorption rate, which gives backpacks water resistance and makes them ideal for use in tropical areas. Nylon backpacks are easy to clean; since the fabric is smooth, dirt will not cling to its surface. In addition, nylon backpacks are 100% resistant to fungus, mold or mildew as well as alkaline environments.
On the basis of distribution channel, the global trekking backpacks market is segmented into supermarkets and hypermarkets, specialty stores, online retail and others. The specialty stores segment accounted for the largest market share in 2020, and the online retail segment is expected to register the highest CAGR in the market during the forecast period.
Specialty stores are among the most important distribution channels for trekking backpack market players as they offer specific product categories with greater variety than supermarkets and hypermarkets. A few of the popular specialty stores include Sport Scheck, Sport 2000, and Intersport.
Due to the strong brand loyalty for some brands of hiking backpacks, people prefer to buy these products from specialty stores. Specialty stores use promotional campaigns to attract customers and maintain a constant influx of visitors.
These stores are typically located in major retail locations, including shopping complexes and malls, and use merchandising techniques to provide a rich overall shopping experience for consumers. These stores also carry many other outdoor recreation products, such as mountaineering equipment, which further enhance the exposure of the products to the target audience. Many stores are adopting advanced digital tools to improve the shopping experience for consumers. For example, Timberland recently began incorporating RFID chips into all products at its New York site. When you place the products near the shelves, product information is displayed on the shelves. Recommended and related items are also displayed and the customer can choose items to add to their personal collection.
The trekking backpacks market, by region, is segmented into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South & Central America (SAM). In 2020, North America held the largest share of the global trekking backpacks market.
However, Asia-Pacific is expected to register the highest market CAGR during the forecast period. The growing inclination towards recreation and adventure tourism has resulted in an increase in the number of hikers in North America, especially the United States.
The American Hiking Society, in conjunction with Congress and federal agencies nationwide, is working on policy and legislation to provide funding for trails, preservation of natural areas, and protection of the hiking experience.
A few players operating in the trekking backpack market are Arc’teryx; Deuter Sport GmbH; Equip Outdoor Technologies UK LTD; Granite Gear LLC; Mufubu; Three-pole gears; Vango; wild crafts; Osprey Packs, Inc; and Hyperlite Mountain Gear Inc. These companies offer an extensive product portfolio.
Their presence in developing regions offers lucrative opportunities for market growth in these regions. Market players develop high quality and innovative products to meet customer requirements.
The overall trekking backpacks market size was derived using primary and secondary sources. To begin the research process, an exhaustive secondary research was conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
In addition, several primary interviews were conducted with industry participants to validate the data, as well as to gain analytical information on the topic. Participants in this process include industry experts such as vice presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants such as industry experts. valuation, research analysts and key opinion leaders, specializing in the trekking backpacks market.
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