Hiking Gear and Equipment Market is anticipated to register a significant growth of 4.3% during the forecast period. The primary attribute promoting the growth of the hiking gear and equipment market is the boost in sporting activities among the youths. The prominence of outdoor sporting events has been increasing gradually over the years due to fitness trends, healthy lifestyles, and recreational activities. This trend in opting fit and healthy lifestyle in addition to the rising rate of urbanization has also positively impacted the hiking gear and equipment market. Further, the shift in demographics, a rise in urban population, and the increased importance of healthy living are driving recreational outdoor activities, thus causing the boost in demand for hiking gear and equipment.
The popularity of hiking apparel such as hiking boots on social media and effective marketing by the apparel manufacturers are alluring consumers towards adopting these apparels. Social media is more popular among millennials, and millennials create a large chunk of the consumer base for hikers in the market. Further, according to the US Census Bureau, the youngest millennial is expected to reach adulthood by 2020, therefore accounting for about 28% of the US population as well as 50% of the working population in the US. This development is expected to positively impact hiking gear and equipment. Furthermore, busy and hectic life coupled with the stress-infused mundane daily schedule is compelling people to choose outdoor activities including hiking for a change, hence driving the market growth.
To Request a Sample of our Report on Hiking Gear and Equipment Market: https://www.omrglobal.com/request-sample/hiking-gear-and-equipment-market
Hiking Gear & Equipment Market Segmentation
By Product
- Sleep Solution (Sleeping Bags, Pads, Blanket)
- Shelter Solution (Tents, Shelters, Tarps)
- Clothing
- Footwear
- Bags &Backpacks
- Others
By End-User
- Men
- Women
- Kids
By Distribution Channel
- Online
- Retail Stores (Offline Stores)
A full Report of Hiking Gear and Equipment Market is Available at: https://www.omrglobal.com/industry-reports/hiking-gear-and-equipment-market
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Adidas AG
- Amer SportsCorp.
- American Recreation Products, Inc.
- AMG-Group Ltd.
- Asics Corp.
- Big Agnes, Inc.
- Black Diamond Equipment Ltd.
- Columbia Sportswear Co.
- Decathlon S.A.
- Deuter Sport GmbH
- Equinox Ltd.
- Garmin Ltd.
- Hilleberg the Tentmaker, Inc.
- Johnson Outdoors Inc.
- Kelty(Exxel Outdoors, LLC)
- Marmot Mountain LLC
- Montbell Co., Ltd.
- NEMO Equipment, Inc.
- Nike Inc.
- Oliveplanet Pvt. Ltd.
- Osprey Packs, Inc.
- Puma SE
- TATONKA GmbH
- VF Corp.
- Wildcraft India Pvt Ltd.
Reasons to Buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/hiking-gear-and-equipment-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
