Global Hiking Gear & Equipment Market Expected to Reach $28,789.7 Million by 2026
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Hiking is an activity that involves long distance walks, done primarily for pleasure or exercise. The equipment used in this activity includes bags, clothing, footwear, tools such as gear repair, knives, or emergency equipment such as first aid and lighter. Hiking is one of the most preferred outdoor activity after cycling and jogging and is expected to become popular with the growing adoption of outdoor sports worldwide
The hiking gear & equipment market is primarily driven by the popularity of outdoor activities among people all around the world. The hiking gear & equipment market growth is largely influenced by travel and recreation industry and rise in these sectors directly affect the use of these equipment. Furthermore, increased investment by professional hikers and video loggers on quality gear and equipment also drives the market growth. However, the potential risk to human life by uncertain conditions in hiking act as the major restraint for the market. On the contrary, increase in influence of social media and video logging is expected to provide opportunities for growth for the hiking gear & equipment
The hiking gear & equipment market is segmented on the basis of product type, consumer profile, distribution channel and region. The product type segment is further classified into gear & equipment, apparel, footwear, and others. By customer profile, the market is classified into men, women and kids. By region, the market is categorized into North America, Europe, Asia-Pacific, and LAMEA.
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According to the hiking gear & equipment market analysis by product type, the gear & equipment segment was the most prominent category in 2018 and is expected to remain dominant during the forecast period. However, the apparel segment is expected to grow at a higher CAGR through the forecast period.
According to the hiking gear & equipment market forecast based on customer profile, the men segment was the highest contributor to the global market in 2018 and is expected to remain dominant through 2019-2026. However, the women segment is expected to grow at a higher growth rate through the forecast period
By region, North America was the most prominent market in 2018 and is expected to dominate the hiking gear & equipment market through 2019-2026. The key players in the industry have adopted product launch as their key strategy to stay competitive in the market.
Key Findings of the Study:
The hiking gear & equipment market was valued at $20,652.6 million in 2018 and is estimated to reach $28,789.7 million by 2026, growing at a CAGR of 4.2% through the forecast period.
Based on product type, the gear & equipment segment is expected to witness the fastest growth, registering a CAGR of 4.0% during the forecast period.
By customer profile, the men segment held the highest share in 2018, accounting for nearly half of the global market share.
By distribution channel, the online segment was the most prominent market in 2018 and is expected to grow at a significant CAGR throughout the forecast period.
U.S. was the dominant country in 2018, accounting for a considerable share in the global market.
The players in the hiking gear & equipment industry have adopted product launch as their key development strategy to increase profitability, and to improve their stance in the hiking gear & equipment market share. The key players profiled in the report includes The North Face, Marmont, Mountain, Black Diamond, Arc'teryx, Marmot, Mountain Hardwear, Kelty, MontBell, AMG Group and Big Agnes
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Global Hiking Market Size, Status and Forecast
This report focuses on the global Hiking status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Hiking development in United States, Europe and China. In 2017, the global Hiking market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025. Get sample copy of the report: www.marketdensity.com/contact?ref=Sample&reportid=61505 Table of Contents: Table of Contents1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Players Covered 1.4 Market Analysis by Type 1.4.1 Global Hiking Market Size Growth Rate by Type (2013-2025) 1.4.2 Island 1.4.3 landscape 1.4.4 Polar Region 1.4.5 Other 1.5 Market by Application 1.5.1 Global Hiking Market Share by Application (2013-2025) 1.5.2 Millennial 1.5.3 Generation X 1.5.4 Baby Boomers 1.5.5 Others 1.6 Study Objectives 1.7 Years Considered2 Global Growth Trends 2.1 Hiking Market Size 2.2 Hiking Growth Trends by Regions 2.2.1 Hiking Market Size by Regions (2013-2025) 2.2.2 Hiking Market Share by Regions (2013-2018) 2.3 Industry Trends 2.3.1 Market Top Trends 2.3.2 Market Drivers 2.3.3 Market Opportunities3 Market Share by Key Players 3.1 Hiking Market Size by Manufacturers 3.1.1 Global Hiking Revenue by Manufacturers (2013-2018) 3.1.2 Global Hiking Revenue Market Share by Manufacturers (2013-2018) 3.1.3 Global Hiking Market Concentration Ratio (CR5 and HHI) 3.2 Hiking Key Players Head office and Area Served 3.3 Key Players Hiking Product/Solution/Service 3.4 Date of Enter into Hiking Market 3.5 Mergers & Acquisitions, Expansion Plans4 Breakdown Data by Type and Application 4.1 Global Hiking Market Size by Type (2013-2018) 4.2 Global Hiking Market Size by Application (2013-2018)5 United States 5.1 United States Hiking Market Size (2013-2018) 5.2 Hiking Key Players in United States 5.3 United States Hiking Market Size by Type 5.4 United States Hiking Market Size by Application6 Europe 6.1 Europe Hiking Market Size (2013-2018) 6.2 Hiking Key Players in Europe 6.3 Europe Hiking Market Size by Type 6.4 Europe Hiking Market Size by Application7 China 7.1 China Hiking Market Size (2013-2018) 7.2 Hiking Key Players in China 7.3 China Hiking Market Size by Type 7.4 China Hiking Market Size by Application8 Japan 8.1 Japan Hiking Market Size (2013-2018) 8.2 Hiking Key Players in Japan 8.3 Japan Hiking Market Size by Type 8.4 Japan Hiking Market Size by Application9 Southeast Asia 9.1 Southeast Asia Hiking Market Size (2013-2018) 9.2 Hiking Key Players in Southeast Asia 9.3 Southeast Asia Hiking Market Size by Type 9.4 Southeast Asia Hiking Market Size by Application10 India 10.1 India Hiking Market Size (2013-2018) 10.2 Hiking Key Players in India 10.3 India Hiking Market Size by Type 10.4 India Hiking Market Size by Application11 Central & South America 11.1 Central & South America Hiking Market Size (2013-2018) 11.2 Hiking Key Players in Central & South America 11.3 Central & South America Hiking Market Size by Type 11.4 Central & South America Hiking Market Size by Application12 International Players Profiles 12.1 TUI Group 12.1.1 TUI Group Company Details 12.1.2 Company Description and Business Overview 12.1.3 Hiking Introduction 12.1.4 TUI Group Revenue in Hiking Business (2013-2018) 12.1.5 TUI Group Recent Development 12.2 Thomas Cook Group 12.2.1 Thomas Cook Group Company Details 12.2.2 Company Description and Business Overview 12.2.3 Hiking Introduction 12.2.4 Thomas Cook Group Revenue in Hiking Business (2013-2018) 12.2.5 Thomas Cook Group Recent Development 12.3 Jet2 Holidays 12.3.1 Jet2 Holidays Company Details 12.3.2 Company Description and Business Overview 12.3.3 Hiking Introduction 12.3.4 Jet2 Holidays Revenue in Hiking Business (2013-2018) 12.3.5 Jet2 Holidays Recent Development 12.4 Cox & Kings Ltd 12.4.1 Cox & Kings Ltd Company Details 12.4.2 Company Description and Business Overview 12.4.3 Hiking Introduction 12.4.4 Cox & Kings Ltd Revenue in Hiking Business (2013-2018) 12.4.5 Cox & Kings Ltd Recent Development 12.5 Lindblad Expeditions 12.5.1 Lindblad Expeditions Company Details 12.5.2 Company Description and Business Overview 12.5.3 Hiking Introduction 12.5.4 Lindblad Expeditions Revenue in Hiking Business (2013-2018) 12.5.5 Lindblad Expeditions Recent Development 12.6 Travcoa 12.6.1 Travcoa Company Details 12.6.2 Company Description and Business Overview 12.6.3 Hiking Introduction 12.6.4 Travcoa Revenue in Hiking Business (2013-2018) 12.6.5 Travcoa Recent Development 12.7 Scott Dunn 12.7.1 Scott Dunn Company Details 12.7.2 Company Description and Business Overview 12.7.3 Hiking Introduction 12.7.4 Scott Dunn Revenue in Hiking Business (2013-2018) 12.7.5 Scott Dunn Recent Development 12.8 Abercrombie & Kent Ltd 12.8.1 Abercrombie & Kent Ltd Company Details 12.8.2 Company Description and Business Overview 12.8.3 Hiking Introduction 12.8.4 Abercrombie & Kent Ltd Revenue in Hiking Business (2013-2018) 12.8.5 Abercrombie & Kent Ltd Recent Development 12.9 Micato Safaris 12.9.1 Micato Safaris Company Details 12.9.2 Company Description and Business Overview 12.9.3 Hiking Introduction 12.9.4 Micato Safaris Revenue in Hiking Business (2013-2018) 12.9.5 Micato Safaris Recent Development 12.10 Tauck 12.10.1 Tauck Company Details 12.10.2 Company Description and Business Overview 12.10.3 Hiking Introduction 12.10.4 Tauck Revenue in Hiking Business (2013-2018) 12.10.5 Tauck Recent Development 12.11 Al Tayyar 12.12 Backroads 12.13 Zicasso 12.14 Exodus Travels 12.15 Butterfield & Robinson13 Market Forecast 2018-2025 13.1 Market Size Forecast by Regions 13.2 United States 13.3 Europe 13.4 China 13.5 Japan 13.6 Southeast Asia 13.7 India 13.8 Central & South America 13.9 Market Size Forecast by Product (2018-2025) 13.10 Market Size Forecast by Application (2018-2025)14 Analyst's Viewpoints/Conclusions15 Appendix 15.1 Research Methodology 15.1.1 Methodology/Research Approach 18.104.22.168 Research Programs/Design 22.214.171.124 Market Size Estimation 126.96.36.199 Market Breakdown and Data Triangulation 15.1.2 Data Source 188.8.131.52 Secondary Sources 184.108.40.206 Primary Sources 15.2 Disclaimer 15.3 Author Details Buy this report
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