Global Hiking Gear & Equipment Market, By Product (Clothes, Footwear, Backpack, Equipment), Distribution Channel (Specialty Stores, Retail Stores, Online), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Hiking Gear and Equipment Market
Hiking gear & equipment market will reach at an estimated value of USD 12,309.09 million and grow at a rate of 7.00% for the forecast period of 2021 to 2028. Hiking gear & equipment market report analyses the growth, which is currently being growing due to rise in the interest in different types of sports activities among millennial and generation
Hiking gear and equipment are required during outdoor trips during one day-hikes, multiple-day hikes, backpacking trips, walking tours, and trekking. Rise in the consumer awareness about the importance of short recreational activities, healthy lifestyles, and fitness regimes
Continuous shift in the focus of consumers towards adopting a healthy lifestyle is a vital factor responsible for the upliftment of the market growth, also increasing rate of urbanization and increase in the attraction towards heavy-duty boots has gained prominence for hiking boots among consumers are some of the prime factors among others driving the hiking gear & equipment market. Moreover, rise in the demand from emerging economies will further create new opportunities for hiking gear & equipment market the in the forecast period mentioned above.
However, rise in the cost of research and development activities in the market is the major factor among others which will obstruct the market growth, and will further challenge the growth of hiking gear & equipment market in the forecast period mentioned above.
This hiking gear & equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on hiking gear & equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Hiking Gear & Equipment Market Scope and Market Size
Hiking gear & equipment market is segmented on the basis of product and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, hiking gear & equipment market is segmented into clothes, footwear, backpack and equipment.
The hiking gear & equipment market is also segmented on the basis of distribution channel into specialty stores, retail stores and online.
Hiking Gear & Equipment Market Country Level Analysis
Hiking gear & equipment market is analysed and market size, volume information is provided by country, product and distribution channel as referenced above.
The countries covered in the hiking gear & equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the swimming pool alarm market due to rise in the number of outdoor sports activity in developing countries such as India, China, and Sri Lanka, rise in the disposable income among the middle class population and growing consumer spending on tours and travels in this region. North America is the expected region in terms of growth in swimming pool alarm market due to increasing rate of urbanization in this region.
The country section of the hiking gear & equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Hiking Gear & Equipment Market Share Analysis
Hiking gear & equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to hiking gear & equipment market.
The major players covered in the hiking gear & equipment market report are THE NORTH FACE, Black Diamond Equipment, Ltd, Marmot Mountain, LLC., mont-bell Co., Ltd., Mountain Hardwear, AMG-Group, Kelty, TATONKA and Big Agnes, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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