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Active Backpack Market 2023 Key Drivers, Regional Segments, Future Outlook And Forecast To 2032 | Major Players Are Nike Inc., Adidas AG, VF Corporation, Puma SE, Under Armour Inc
Active Backpack Market
The Business Research Company's Active Backpack Global Market Report 2023 identifies increasing recreational activities as the major driver for the Active Backpack Market's growth in the forecast period. Recreational activities refer to leisure activities that are performed outside, usually in natural environments. Active backpacks are versatile and can be used during recreational activities, including hiking, camping, travelling, cycling, running, and jogging.
The global active backpack market is expected to grow from $5.42 billion in 2022 to $5.88 billion in 2023 at a compound annual growth rate (CAGR) of 8.40%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The active backpack market is expected to reach $8.23 billion in 2027 at a CAGR of 8.77%.
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Major competitors in the active backpack market are Nike Inc., Adidas AG, VF Corporation, Puma SE, Under Armour Inc., Columbia Sportswear Company, Samsonite IP Holdings S.AR.L, The North Face, Arcteryx, Jack Wolfskin, Patagonia Inc.209.1, CamelBak Products LLC, Herschel Supply Co., V.I.P. Industries Limited, JanSport Inc., Kelty, Ogio, Deuter Sport GmbH, Nomatic LLC, Tortuga Backpacks, Mountainsmith, WANDRD Gear, Aer Designs LLC, Eume World, Peak Design, Wildcraft India Private Limited, Dakine IP Holdings LP, Mystery Ranch Backpacks, Matein Backpack, and Xiangxing (Fujian) Bag & Luggage Group Co. Ltd.
A key trend in the Active Backpack Market includes Product innovation. Nike Inc., Adidas AG, VF Corporation, Puma SE, Under Armour Inc., Columbia Sportswear Company, Samsonite IP Holdings S.AR.L, The North Face, Arcteryx, Jack Wolfskin, Patagonia Inc.209.1, CamelBak Products LLC, Herschel Supply Co., V.I.P. Industries Limited, JanSport Inc., Kelty, Ogio, Deuter Sport GmbH, Nomatic LLC, Tortuga Backpacks, Mountainsmith, WANDRD Gear, Aer Designs LLC, Eume World, Peak Design, Wildcraft India Private Limited, Dakine IP Holdings LP, Mystery Ranch Backpacks, Matein Backpack, and Xiangxing (Fujian) Bag & Luggage Group Co. Ltd.
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The Active Backpack Market is segmented -
By Type: Hiking Or Trekking, Camping And Travelling, Sports
By Size: Less Than 10L, 10L-20L, 20L-40L
By Price Point: Under $50, $51-$100, $101-$150, $151-$200, $201-$250, Above $250
By Distribution Channel: Specialty Stores, Retail Stores, Online
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Active Backpack Market.
The Business Research Company's "Global Active Backpack Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Active Backpack Market Include:
1. Executive Summary
2. Active Backpack Market Characteristics
3. Active Backpack Market Trends And Strategies
4. Active Backpack Market - Macro Economic Scenario
5. Global Active Backpack Market Drivers and Restraints
……
32. Global Active Backpack Market Competitive Benchmarking
33. Global Active Backpack Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Active Backpack Market
35. Active Backpack Market Future Outlook and Potential Analysis
36. Appendix
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Market Segment as follows: By Region
Global (Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru])
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In this report, the global Backpack market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Backpack in these regions, from 2012 to 2022 (forecast), covering
North America…
