Covid-19 analysis
The implications of the sudden outbreak of Covid-19 has been lingering and disrupted supply chain infrastructure in multiple ways. These implications are affecting businesses of the trekking rucksack space amidst lockdowns and stringent lock-down rules. Market players are actively creating fresh opportunities to overcome the negative impact to recoup and retract growth trajectory for the greater good.
The global Trekking Rucksack market is projected to reach US$ 4,627.68 million by 2028, growing at a CAGR of 4.7%
International and domestic travellers have resumed for adventures and tourism. There has been a significant growth rate in the number of hikes compared to the previous years. These factors helps the market to regain the strength and boost the growth in the forecast period.
50 L Trekking Rucksack to be the Most Lucrative Segment
Based on capacity, the 50 litres or more than 50 litres segment are projected to hold the market growth. The trekking rucksack are designed for various multi-purpose applications and used for carrying heavy loads than a normal backpack.
Many trekking rucksacks are almost with the same features such as adjustable straps and belts, more pockets, and extra space to carry trekking equipment. More than 50 litres or 50 litres rucksack is sufficient to carry a sleeping bed and tent with all the trekking equipment and necessary things for 3-4 days hike. This segment is expected to hold the market as the 50 litres rucksack are more popular among the travellers and trekkers.
Nylon Material-based Trekking Rucksacks Witnesses Massive Adoption
Based on material, nylon segment is projected to hold the largest share in the market. Nylon are know as thermoplastic which is an artificial polymer driven from petroleum. Nylon are consider as durable, light weight and extremely smooth material, and they can be modified into any shape and sixe by adding lustring agentswhen it is in molten stage and making it into flexible fibre. This material can go back to the initial stage without any wrinkles. Commonly the product produced using nylon are easy to clean, fungus resistance and comfortably allows large loads in the product such as rucksack.
Speciality Store Distribution Channels to Claim High Returns
Based on distribution channels, the speciality stores segment is calculated to hold large number of share in the market. The speciality stores have large number of options compared to supermarket and hypermarket and these stores are using located in major shopping complex and malls. And uses advanced merchandise technique to provide a overall rich shopping experience to the costumers. These also offers numerous trekking equipment along with the rucksack and tents. Many speciality are adopting to advance technology and features to give a whole good experience to the consumer.
North America to Emerge as the Most Progressive Regional Growth Hubs
Based on region, north America is calculated to hold the largest share in the market and Asia-Pacific is projected to register the highest CAGR in the market during the forthcoming years. In North America, the Colorado Rocky Mountains and the pacific crest trail to the Appalachian Trail are a few of the famous trekking destinations, attracting people from the region and other part of the world. And the elderly population are getting involved in adventures activities and nature campaign to keep themselves involved in some activities to keep their health in check.
Key players in the market of trekking rucksack and their recent developments.
The increasing demand for adventure tourism and activities like trekking campaigns are the growth-boosting factors for the Global Trekking Rucksack Market
The rising number of tourist and adventure trekkers are expected to fuel the market of Trekking Rucksack
Trekking rucksack is a backpack with extra pockets and belts to carry a heavy load during trekking. Many manufacturers focus on demanding consumer preference and manufacture sacks accordingly. A good rucksack depends upon the quality, material, weight, comfort of consumers and evolving environmental conditions. The key players in the market focus on providing unique trekking rucksacks which are customized according to consumer preference.
In the past recent years, there has been a rising rate in the popularity of outdoor sports and adventures activities. The majority of the population focus on their physical health, by trying to keep a balance on both mental and physical strength by adopting activities such as trekking and campaigning in the wild nature.
For hikes and long week adventures packing, consumer preferences for high-capacity trekking rucksacks are witnessing a massive growth upsurge. Therefore players are investing towards product development and advancement by providing trekking rucksacks with more than 50 litres capacity aligning with user needs. The adjusting straps, belts and position as per the length of the waist size ensure a smooth trekking experience for the trekkers. In addition, the straps are structured in form of a honeycomb which helps to evenly distribute the weight and pressure of the load and helps in maintaining a correct balance while trekking.
This report offers detailed information and quality insight with market intelligence. This report is structured in a way that it offers maximum business value and information and provides critical market dynamics and will enable the process of decision making for the current market players and those who are willing to enter the market. This report studies the forecast period of 10 years.
Proceeding ahead, this report contains information regarding the major key players, the competitive areas and strategies used by the leading companies in the market of trekking rucksacks and the growth trends in the forthcoming years are discussed. In addition to it, the impact of COVID—19 is discussed with the industry’s initial response and tactics used by the companies to overcome the impact. Core market-specific developments, competitor strategies, new technological investments also find ample mention in this report on the global trekking rucksack market.
The major players operating in the trekking rucksack market are Arcteryx, Deuter Sport Gmbh, Equip Outdoor Technologies UK LTD, Granite Gear, LLC, Mufubu, Tripole Gears, Vango, Wildcraft, Osprey Packs, Inc, and Hyperlite Mountain Gear Inc.
Innovations: Global trekking Rucksack Market
Market participants in the global trekking rucksack market are developing premium products to align with customer needs and expectations. And many market players focus on providing customize trekking rucksack for the customer and especially for female trekkers as the rate of female trekkers have a significant growth in the market.
Trekking Rucksack Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2028 |
Study Period | 2018-2028 |
Forecast Unit | Value (USD) |
Revenue forecast in 2028 | US$ 4,627.68 million |
Growth Rate | CAGR of 4.7 % during 2018-2028 |
Segment Covered | By Capacity, By Material, By Distribution Channel, Regions |
Regions Covered | North America, Europe, Asia Pacific, Middle East and Africa, South America |
Key Players Profiled | Samsonite International SA (US), Herschel Supply Co (Canada), USWE Sports AB (Sweden), Patagonia Inc (US), Dakine Inc (US), Marmot Mountain (US), Under Armour, Inc (US), Kipling’s Seoul (US), Pottery Barn (US) |
Key Segments of the Global Trekking Rucksacks Market
Capacity Overview, (USD Million)
- Up to 20 litres
- 20-50 litres
- More than 50 litres
Material Overview, (USD Million)
- Nylon
- Polyester
- Canvas
- Others
Distribution Channel Overview, (USD Million)
- Supermarket and hypermarket
- Speciality stores
- Online retail
- Others
Regional Overview, (USD Million)
North America
- U.S
- Canada
Europe
- Germany
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
South America
- Mexico
- Brazil
- Rest of South America
Middle East and South Africa