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Hiking Gear & Equipment Market Size, Share & Trends Analysis Report By Product (Clothes, Footwear, Backpack, Equipment), By Distribution Channel (Specialty Stores, Retail Stores, Online), By Region, And Segment Forecasts, 2020 - 2027

April 2020 | 80 pages | ID: HD64E3C6163AEN
Grand View Research, Inc.

US$ 3,950.00

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The global hiking gear and equipment market size is expected to reach USD 7.4 billion by 2027, expanding at a CAGR 6.3%, according to a new report by Grand View Research, Inc. Several factors including increasing active travelers combined with rise in adventure tourism is boosting the trend towards hiking sports which is driving the penetration of hiking gear and equipment. In addition, the industry is expected to flourish owing to increasing prominence of outdoor sports activities as a result of rising emphasis on healthy living.

Increasing number of millennials is resulting in rising prominence of various adventure sports activities which is causing growth in the market. According to the U.S. Census Bureau, youngest millennial is expected to reach its adulthood by 2020, thereby accounting for 28% of the U.S. population as well as 50% of the working population in the country. . Moreover, rising acceptance of various adventure sports as a measure to gain different experiences is holding greater attraction of consumers towards hiking. According to findings of a survey conducted by the Adventure Travel Trade Association in 2016, hiking was ranked as the most popular adventure activity, with 92.3% of the people surveyed had done the activity in U.S. thus, rising trends in the outdoor recreation and sports industry is fueling the market for hiking gear and equipment across regions.

Hiking clothes witnessed the highest penetration in the market on account of being an integral part of the sporting essential. Latest trends suggesting urban hiker style is in vogue is also complementing the product sales. Rising prominence towards sustainability have led to introduction of new fabric and insulation technology which is also addressing animal welfare as well as environmental standards. Moreover, gaining prominence of women in outdoor clothing segment owing to rising participation of women hikers is also fueling the market demand for hiking apparel.

Online channel of distribution witnessed the highest growth in the market owing to rising internet penetration across developing countries such as China, India, and Brazil which is helping develop online sales for the growing outdoor recreation and hiking products including gear and equipment. Increasing penetration of companies using online retail channels such as Moosejaw, Backcountry.com, and Eastern Mountain Sports is paving the way for increased demand of hiking gear and equipment.

North America led the hiking gear and equipment market in 2019. Increased number of consumers seeking places for outdoor recreation in order to connect to nature as well as to practice healthy exercises is driving the market in this region. Increasing construction of hiking trails in U.S. is rising the number of hikers in the region, thereby propelling the growth of the market. According to report by the Outdoor Foundation, hiking is the fourth most popular outdoor activity in U.S., witnessing 44.9 million participants in 2018.

Further key findings from the report suggest:
  • In terms of revenue, the equipment segment is projected to witness a CAGR of 7.0% over the forecast years
  • Specialty store distribution channel dominated the market with an overall revenue share of over 46.1% in 2019
  • North America dominated the hiking gear and equipment market in 2019 and constituted for 63.2% of the revenue share. This trend is projected to continue over the next few years
  • The industry is highly competitive in nature with key players including The North Face, Mountain Hardwear, Black Diamond Equipment, Ltd., Marmot Mountain LLC, Amer Sports, Equinox Ltd., TATONKA, mont-bell Co.,Ltd., AMG-Group, and Sierra Designs.
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights

CHAPTER 3. HIKING GEAR & EQUIPMENT MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
  3.3.1. Sales/Retail Channel Analysis
  3.3.2. Profit Margin Analysis
3.4. Market Dynamics
  3.4.1. Market Driver Analysis
  3.4.2. Market Restraint Analysis
  3.4.3. Industry Challenges
  3.4.4. Industry Opportunities
3.5. Business Environment Analysis
  3.5.1. Industry Analysis – Porter’s
    3.5.1.1. Supplier Power
    3.5.1.2. Buyer Power
    3.5.1.3. Substitution Threat
    3.5.1.4. Threat from New Entrant
    3.5.1.5. Competitive Rivalry
3.6. Roadmap of Hiking Gear & Equipment Market
3.7. Market Entry Strategies

CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS

4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations

CHAPTER 5. HIKING GEAR & EQUIPMENT MARKET: PRODUCT ESTIMATES & TREND ANALYSIS

5.1. Product Movement Analysis & Market Share, 2019 & 2027
5.2. Clothes
  5.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.3. Footwear
  5.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.4. Backpack
  5.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.5. Equipment
  5.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
5.6. Others
  5.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)

CHAPTER 6. HIKING GEAR & EQUIPMENT MARKET: DISTRIBUTION CHANNEL ESTIMATES & TREND ANALYSIS

6.1. Distribution Channel Movement Analysis & Market Share, 2019 & 2027
6.2. Specialty stores
  6.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.3. Retail stores
  6.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
6.4. Online
  6.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)

CHAPTER 7. HIKING GEAR & EQUIPMENT MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

7.1. Regional Movement Analysis & Market Share, 2019 & 2027
7.2. North America
  7.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.2.1.1. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.2.1.2. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.2.2. U.S.
    7.2.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.2.2.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.2.2.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.3. Europe
  7.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.3.1.1. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.3.1.2. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.3.2. U.K.
    7.3.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.3.2.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.3.2.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.3.3. Germany
    7.3.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.3.3.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.3.3.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.4. Asia Pacific
  7.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.4.1.1. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.4.1.2. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.4.2. China
    7.4.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.4.2.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.4.2.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.4.3. Japan
    7.4.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.4.3.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.4.3.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.5. Central & South America
  7.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.5.1.1. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.5.1.2. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
  7.5.2. Brazil
    7.5.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.5.2.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.5.2.3. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
7.6. Middle East & Africa (MEA)
  7.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
    7.6.1.1. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
    7.6.1.2. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)

CHAPTER 8. COMPETITIVE ANALYSIS

8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
  8.3.1. Key company market share analysis, 2019

CHAPTER 9. COMPANY PROFILES

9.1. The North Face
  9.1.1. Company Overview
  9.1.2. Financial Performance
  9.1.3. Product Benchmarking
  9.1.4. Strategic Initiatives
9.2. Mountain Hardwear
  9.2.1. Company Overview
  9.2.2. Financial Performance
  9.2.3. Product Benchmarking
  9.2.4. Strategic Initiatives
9.3. Black Diamond Equipment, Ltd.
  9.3.1. Company Overview
  9.3.2. Financial Performance
  9.3.3. Product Benchmarking
  9.3.4. Strategic Initiatives
9.4. Marmot Mountain LLC
  9.4.1. Company Overview
  9.4.2. Financial Performance
  9.4.3. Product Benchmarking
  9.4.4. Strategic Initiatives
9.5. Amer Sports
  9.5.1. Company Overview
  9.5.2. Financial Performance
  9.5.3. Product Benchmarking
  9.5.4. Strategic Initiatives
9.6. Equinox Ltd.
  9.6.1. Company Overview
  9.6.2. Financial Performance
  9.6.3. Product Benchmarking
  9.6.4. Strategic Initiatives
9.7. TATONKA
  9.7.1. Company Overview
  9.7.2. Financial Performance
  9.7.3. Product Benchmarking
  9.7.4. Strategic Initiatives
9.8. mont-bell Co.,Ltd.
  9.8.1. Company Overview
  9.8.2. Financial Performance
  9.8.3. Product Benchmarking
  9.8.4. Strategic Initiatives
9.9. AMG-Group
  9.9.1. Company Overview
  9.9.2. Financial Performance
  9.9.3. Product Benchmarking
  9.9.4. Strategic Initiatives
9.10. Sierra Designs
  9.10.1. Company Overview
  9.10.2. Financial Performance
  9.10.3. Product Benchmarking
  9.10.4. Strategic Initiatives

LIST OF TABLES

1. Hiking Gear & Equipment - Key market driver analysis
2. Hiking Gear & Equipment - Key market restraint analysis
3. Global hiking clothes market estimates and forecast, 2016 - 2027 (USD Million)
4. Global hiking footwear market estimates and forecast, 2016 - 2027 (USD Million)
5. Global hiking backpack market estimates and forecast, 2016 - 2027 (USD Million)
6. Global hiking equipment market estimates and forecast, 2016 - 2027 (USD Million)
7. Global others market estimates and forecast, 2016 - 2027 (USD Million)
8. Global hiking gear & equipment market estimates and forecast, by specialty stores, 2016 - 2027 (USD Million)
9. Global hiking gear & equipment market estimates and forecast, by retail stores, 2016 - 2027 (USD Million)
10. Global hiking gear & equipment market estimates and forecast, by online channel, 2016 - 2027 (USD Million)
11. North America hiking gear & equipment market estimates and forecast, 2016 - 2027 (USD Million)
12. North America hiking gear & equipment market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
13. North America hiking gear & equipment market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
14. U.S. hiking gear & equipment market estimates and forecast, 2016 - 2027 (USD Million)
15. U.S. hiking gear & equipment market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
16. U.S. hiking gear & equipment market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
17. Europe hiking gear & equipment market estimates and forecast, 2016 - 2027 (USD Million)
18. Europe hiking gear & equipment market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
19. Europe hiking gear & equipment market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
20. Germany hiking gear & equipment market estimates and forecast, 2016 - 2027 (USD Million)
21. Germany hiking gear & equipment market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
22. Germany hiking gear & equipment market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
23. U.K. hiking gear & equipment market estimates and forecast, 2016 - 2027 (USD Million)
24. U.K. hiking gear & equipment market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
25. U.K. hiking gear & equipment market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
26. Asia Pacific hiking gear & equipment market estimates and forecast, 2016 - 2027 (USD Million)
27. Asia Pacific hiking gear & equipment market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
28. Asia Pacific hiking gear & equipment market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
29. China hiking gear & equipment market estimates and forecast, 2016 - 2027 (USD Million)
30. China hiking gear & equipment market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
31. China hiking gear & equipment market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
32. Japan hiking gear & equipment market estimates and forecast, 2016 - 2027 (USD Million)
33. Japan hiking gear & equipment market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
34. Japan hiking gear & equipment market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
35. Central & South America hiking gear & equipment market estimates and forecast, 2016 - 2027 (USD Million)
36. Central & South America hiking gear & equipment market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
37. Central & South America hiking gear & equipment market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
38. Brazil hiking gear & equipment market estimates and forecast, 2016 - 2027 (USD Million)
39. Brazil hiking gear & equipment market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
40. Brazil hiking gear & equipment market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
41. MEA hiking gear & equipment market estimates and forecast, 2016- 2027 (USD Million)
42. MEA hiking gear & equipment market revenue estimates and forecast by product, 2016 - 2027 (USD Million)
43. MEA hiking gear & equipment market revenue estimates and forecast by distribution channel, 2016 - 2027 (USD Million)
44. Vendor landscape

LIST OF FIGURES

1. Hiking gear & equipment market snapshot
2. Hiking gear & equipment market segmentation & scope
3. Hiking gear & equipment market penetration & growth prospect mapping
4. Hiking gear & equipment value chain analysis
5. Hiking gear & equipment market dynamics
6. Hiking gear & equipment market Porter's analysis
7. Hiking gear & equipment market: Product movement analysis
8. Hiking gear & equipment market: Distribution channel movement analysis
9. Hiking gear & equipment market: Regional movement analysis


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