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Avalanche BackPack Market Growth Trends Analysis and Dynamic Demand, Forecast 2016 to 2030
Avalanche BackPack Market
It is estimated for the global avalanche backpack market to witness growth at a stunning CAGR in the market during the forecast period of 2022 to 2030. The growth in the market is owing to the growth in adventurous activities all over the globe. The factor also played a significant role in the growth during the previous forecast period of 2018 to 2021.
Global Avalanche Backpack Market - Overview
Avalanche Backpack is a safety system designed to protect the wearer from getting buried while skiing and mountaineering. In an avalanche, larger objects move to the surface, while the smaller ones sink to the base.
An airbag system incorporated into a backpack, with a large balloon or balloon that inflates at the pull of a cord, is designed to make the person wearing it larger so that they naturally rise to the surface of the snow.
Key Market Trends
The factors like mountaineering, trekking and various other adventurous acts are playing a major role in the growth of the market during the forecast period. The rise in the disposable income of the people leading to taking up such activities is also playing a major role in the growth market during the forecast period.
An Avalanche backpack is a type of rescue gear designed to help victims survive avalanches. They are used to getting caught-in victims out of the snow and back up top. It can also be used to help rescuers carry their necessary equipment and supplies.
However, the increased cost of these backpacks is estimated to hinder the growth of this market. The activity of mountaineering being a costlier act is limited to only a particular segment of the population and thus is estimated to hinder the growth of the market during the forecast period.
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Global Avalanche Backpack Market- Segmental analysis of the Market
Based on Type
• Canister-based Airbag
• Fan-based Airbag
The fan-based airbag segment has dominated the market growth over the forecast period. this is because of their ease of use. They can be used multiple times, charged easily using a lithium ion battery. They are easy to pack and carry during an expedition.
Based on Size
• Below 25 Liters
• Between 25 - 35 Liters
• Above 35 Liters
The between 25-35 litres segment has dominated the market growth over the forecast period.
Based on Application
• Skiing
• Climbing
• Hiking
• Snowboarding
• Split Boarding
• Snowmobile
• Others
The skiing segment has dominated the market growth over the forecast period. This is because of rising popularity of snow-related sports.
Based on Price
• Low (Below US$ 500)
• Medium (US$ 500- US$ 800)
• High (Above US$ 800)
The medium segment has dominated the market growth over the forecast period.
Asia Pacific region to witness growth at a the fastest pace
It is estimated for the Asia Pacific region to boost the growth of the market during the forecast period. The growth in the disposal income of the people in the region is estimated to boost the growth of the market during the forecast period. The increasing number of tourists visiting Mt.Everest is also estimated to drive the growth of the market during the forecast period.
Competitive Landscape
Some of the prominent companies operating in the market are
• ABS Protection GmbH
• Mammut
• Clarus Corporation
• Backcountry Access
• SCOTT Sports
• Ortovox
• ARVA
• Osprey Packs
• The North Face
Major questions answered in this report
• What is the growth rate of the global avalanche backpack market?
• What are the primary growth determinants of the market?
• Which are the major regions constituting the geographical landscape of the market?
• Which are the prominent companies operating in the market?
Get more details on this report:- https://wemarketresearch.com/reports/avalanche-backpack-market/487/
Key takeaways from the report
• It is estimated for the global avalanche backpack market to witness growth at a stunning CAGR in the market during the forecast period of 2022 to 2030.
• Avalanche Backpack is safety system designed to protect the wearer from getting buried while skiing and mountaineering. In an avalanche, larger objects move to the surface, while the smaller ones sink to the base.
• The increased cost of these backpacks is estimated to hinder the growth of this market. The activity of mountaineering being a costlier act is limited to only a particular segment of the population and thus is estimated to hinder the growth of the market during the forecast period.
• It is estimated for the Asia Pacific region to boost the growth of the market during the forecast period.
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Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. We Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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