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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 and social media marketing have made hiking gear and equipment easily accessible to a wider audience.
The market for hiking gear and equipment has experienced significant growth in recent years, fueled by the increasing popularity of outdoor activities among consumers in the United States. Hiking, as an outdoor sport, has gained traction as a preferred lifestyle choice for individuals seeking health benefits and adventure. Outdoor activities, including hiking, jogging, and cycling, have become integral parts of people's lives, providing a healthy escape from urbanization. The maturity stage of this trend is evident in the growing number of hiking tours, adventure sports events, and social media platforms dedicated to sharing experiences and tips. Hiking, in particular, has seen a swell in interest, with both day hikes and multiple-day expeditions gaining popularity. To ensure safety and preparedness, hikers rely on essential gear and equipment, such as knives, first aid supplies, and emergency equipment.
Moreover, lighters and first aid kits are must-have items for any hiking trip, providing necessary tools for starting fires and addressing injuries. Outdoor sports, including hiking, have become an essential component of adventure travel, with many tourists seeking unique experiences in natural environments. Video logging and sharing on social media platforms have further fueled this trend, allowing individuals to document and share their adventures with a global audience. As the market for hiking gear and equipment continues to grow, it is essential for manufacturers and retailers to stay informed about the latest trends and consumer preferences. By offering high-quality, innovative products, they can cater to the evolving needs of hikers and outdoor enthusiasts, ensuring a strong presence in this dynamic market.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The offline segment is estimated to witness significant growth during the forecast period. The market encompasses both the women's and kids segments, with physical stores continuing to hold significance in sales. In the United States, the offline market refers to traditional brick-and-mortar retailers. Although online shopping is on the rise, the in-store experience remains a crucial factor for hiking enthusiasts. Brick-and-mortar stores offer consumers the chance to personally assess hiking gear and equipment, ensuring a more customized shopping experience. Expert advice from knowledgeable sales associates is another advantage of shopping in physical stores. These professionals can provide valuable recommendations based on individual needs and preferences. As trail sports gain popularity, the demand for quality gear increases. With internet penetration at an all-time high, consumers have more options than ever before.
However, the offline segment continues to cater to those who prefer a hands-on approach when purchasing hiking gear. Video loggers and professional hikers often rely on physical stores for their equipment needs. By offering personalized service and expert advice, these retailers foster long-term customer relationships. In conclusion, the offline segment of the market remains a vital component of the industry, catering to consumers who value the in-store experience and personalized advice.
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The offline segment accounted for USD 17.24 billion in 2018 and showed a gradual increase during the forecast period.
North America is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The North American market for hiking gear and equipment is experiencing significant growth, driven by the increasing popularity of hiking as a recreational activity in the region. The United States is the leading market in North America, fueled by the country's abundance of hiking destinations, such as the Grand Canyon and Yosemite National Park. Other countries in North America, including Canada, are also contributing to the growth of the market due to their advanced infrastructure, attractive tourist attractions, and natural beauty. The market in North America includes various categories, such as footwear, apparel, backpacks, medical and pharmaceutical supplies, and food and beverages. Specialty stores and retail outlets, both online and physical, dominate the distribution channels for these products. Industry processing and manufacturing play a crucial role in the production of high-quality hiking gear and equipment.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The rising prominence of hiking as an outdoor recreational activity is the key driver of the market. Outdoor activities, including hiking, have gained popularity in the US and other countries due to a growing focus on health and wellness. Hiking, in particular, offers numerous health benefits, such as improving cardiovascular health, reducing the risk of heart disease, and boosting bone density. Additionally, hiking can help regulate blood sugar and blood pressure levels and enhance core muscle strength and overall body balance. The increasing participation in hiking activities is driven by various factors, including the development of hiking infrastructure and government initiatives that support outdoor recreation. Hikers require essential gear and equipment to ensure safety and comfort during their adventures.
Moreover, some essential items include first aid supplies, emergency equipment, knives, and lighters. First aid kits are crucial for addressing injuries or medical emergencies, while emergency equipment, such as a whistle or flare, can help in case of getting lost or stranded. Knives are versatile tools that can be used for various purposes, such as cutting rope or preparing food. Lighters are essential for starting fires for warmth or cooking. Outdoor activities, such as hiking, are not limited to just hiking tours but also include jogging, cycling, and adventure sports. Video logging has become increasingly popular among outdoor enthusiasts, allowing them to document and share their experiences with others. The market for hiking gear and equipment is expected to grow as more people discover the health benefits and enjoyment of outdoor activities.
Rapid growth in online sales of hiking gear and equipment is the upcoming trend in the market. In today's digital age, the market for hiking gear and equipment has experienced significant growth due to the increasing popularity of fitness programs, yoga, and outdoor activities as part of a healthy lifestyle. Fashionable and functional hiking gear has become a must-have for both adventure travel and social media-driven outings. Major brands like Nike, Adidas, and Puma have expanded their reach by selling hiking equipment and apparel directly through their websites and e-commerce platforms. This online sales trend allows consumers to compare product features and prices, ensuring informed purchasing decisions.
Moreover, the expansion of logistics infrastructure in emerging economies, such as China and India, is further encouraging companies to establish a strong online presence in these markets. Overall, the market caters to the maturity stage of consumers seeking adventure and a connection with nature, making it an essential segment of the lifestyle industry.
Risks of accidents, injuries, and diseases associated with hiking is a key challenge affecting the market growth. Hiking, an increasingly favored outdoor activity in the United States, has gained significant attention due to its numerous health benefits. However, like any physical endeavor, it comes with potential risks, primarily injuries. Middle-aged individuals, a significant demographic for hiking, are susceptible to various injuries, including concussions, hamstring strains, neck injuries, ankle ligament sprains, fractures, groin strains, contusions, shoulder dislocations, knee collateral ligament sprains, and lacerations.
Further, these injuries can hinder the growth of the market in the US, as consumers prioritize protective clothing and quality apparel to mitigate these risks. Urban households invest in fashionable hiking apparel and advanced technologies such as the Polytech Smart shirt, which monitors heart rate, breathing depth, stress level, calories consumed, and other vital signs during hikes. Backpacks, a crucial piece of equipment, are also in high demand, offering ample storage and comfort for extended hikes. The market is expected to grow steadily, driven by the increasing popularity of hiking as a fitness event and the need for reliable, functional gear to ensure a safe and enjoyable experience.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ANTA Sports Products Ltd.: The company offers hiking gear and equipment such as hiking shoes.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Hiking, an outdoor activity beloved by individuals of all ages and lifestyles, requires specific gear and equipment to ensure safety, comfort, and enjoyment. Middle-aged individuals, as well as the men, women, and kids segments, participate in hiking tours for fitness, adventure, and social media documentation. Hiking gear and equipment include knives for survival, first aid supplies and emergency equipment for safety, lighters for starting fires, and first aid kits for medical needs. Outdoor sports such as jogging, cycling, and adventure sports also utilize similar gear. Quality apparel and protective clothing are essential for varying weather conditions. Fashionable hiking apparel and urban households seek the latest trends in athleisure.
Further, backpacks come in various sizes for day hikes and multiple-day hikes. Hiking accessories like heart rate monitors, breathing depth sensors, and stress level trackers enhance the hiking experience. Hiking gear and equipment are available in physical and online stores. Brands like The North Face, Marmot, Mountain Hardwear, Black Diamond, and others offer high-quality gear for professional hikers and trail sports enthusiasts. Urbanization and healthy living have led to an increase in hiking popularity, driving demand for safety gear, product variations, and e-commerce channels. Potential risks such as snakebites, landslides, and adventure tourism require specialized gear and equipment. Industry processing includes food and beverages, medical and pharmaceutical, and specialty stores.
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Market Scope |
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Report Coverage |
Details |
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Page number |
177 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.53% |
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Market growth 2024-2028 |
USD 5.72 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
3.74 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 40% |
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Key countries |
US, Canada, China, Germany, and France |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Adidas AG, ANTA Sports Products Ltd., Arcteryx Sports Corp., ASICS Corp., BOREAL, Columbia Sportswear Co., Exxel Outdoors LLC, Johnson Outdoors Inc., KEEN Inc., La Sportiva Spa, Lukas Meindl GmbH and Co. KG, Newell Brands Inc., Nike Inc., PUMA SE, Recreational Equipment Inc., Skechers USA Inc., Tecnica Group SpA, Under Armour Inc., VF Corp., and Wolverine World Wide Inc. |
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Market dynamics |
Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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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
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