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The hiking gear and equipment market size is forecast to increase by USD 5.72 billion at a CAGR of 4.53% between 2023 and 2028. The market is witnessing significant growth due to the increasing popularity of hiking as a fitness activity and outdoor pursuit. With the rise of fitness programs, yoga, and fitness centers, hiking has emerged as a preferred lifestyle choice for many Americans. Hiking gear and equipment are no longer considered just necessities for adventure travel but have become fashion items. The maturity stage of the baby boomer population is also contributing to the market growth, as they seek new experiences and adventures. Moreover, the convenience of online sales, social media, and digital marketing have made hiking gear and equipment easily accessible to a wider audience.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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