Report Description Table of Contents The hiking backpack market was USD 5.1 billion in 2023 and is expected to reach USD 8.4 billion in the forecast period of 2024-2030 with a CAGR of 7.2%. Market growth contributors include the rise in hiking and trekking participation, advancements in backpack technology, and the embracement of eco-friendly developments. The hiking backpack market includes only those products used for carrying equipment required for various outdoor activities like hiking, trekking, and camping. These backpacks are unique in their design for comfort, sturdiness, and utility with pockets, hydration storage, shaped shoulder straps, and water-repellant fabrics. The lifestyle changes that have seen many people embrace other outdoor activities besides commercial trips supported by health consciousness and eco-tourism have greatly boosted the market for hiking backpacks. Market Drivers Rising Popularity of Outdoor Activities: The rise in the population of hikers and trekkers in the current world has forced manufacturers to produce functional and quality hiking backpacks. This trend is further supported by governments and tourism boards encouraging eco-tourism. Example: In the United States alone, the National Park Service cited that the number of hikers last 2023 grew 15%, stressing the importance of backpacks required to travel outdoors. Europe region had close to 50 million users who engage in hiking every year up to 2023, making Europe's market relevant for hiking backpacks. Increasing Health and Wellness Trends: The current trend of people practicing the health-enhancing hiking activity has boosted the demand for professional backpacks. Example: A survey conducted in 2022 revealed that 70% of millennials have embraced hiking as their major form of exercise; hence, they are likely to buy more hiking gadgets. Technological Advancements in Backpack Design: Changes like extending harness systems, seals and pockets, boats, and lightweight build have made hiking backpacks more attractive. Example: In 2023, a European firm introduced a hiker’s backpack with solar panels that power portable gadgets when hiking. Increasing Disposable Income and Urbanization: The increase in disposable income per capita around the world, especially in developing nations, has seen consumers spend more on higher-class products such as hiking backpacks. Example: In 2023, the pitching backpacks market of India was upswing by 12% due to increasing middle-class consumers and outdoor activities. Market Opportunities Expansion in Emerging Markets: Opportunities: The advancement of outdoor recreation tourism, along with the increase in young people, new travelers, or tourists from Asia-Pacific and Latin America, are the main opportunities for market players. Example: The hiking backpack market in China experienced a growth of 18% in 2023 due to the growing demand for domestic trekking. Integration of Smart Features: Smart features like GPS tracking, integration of a hydration tracking system, and solar charging can help distinguish products in the market. For example, an American brand released a lightweight hiking backpack in 2023 that incorporated a GPS navigation system, which gained popularity among outdoor adventure lovers. Focus on Women-Specific Designs: Another factor driving the development of hiking backpacks for women is the increasing number of women who hike. For example, a women-specific backpack line marketed in 2022 is believed to have given the producer a 20% sales boost. Market Restraints High Costs of Premium Backpacks: Backpacks with enhanced features may be expensive and, thus, not affordable by most consumers. Competition from Low-Cost Alternatives: An emerging market threat is the low-cost hiking backpacks offered by unorganized players in the industry. Market Segmentation By Type: Daypacks Multi-Day Backpacks Expedition Backpacks By Material: Nylon Polyester Canvas Recycled Materials By Capacity: Less than 20 Liters 20–50 Liters 50–70 Liters Above 70 Liters By Region: North America Europe Asia-Pacific Latin America Middle East & Africa Segment Analysis Leading Type: Multi-Day Backpacks Multi-day backpacks were found to be higher in 2023, thus capturing 40% of the market, as the consumers who use the equipment for weekend trekking and long hiking activities need more capacity and comfort. Example: A British outwear company released a multi-day backpack in 2023, including water-proof compartments for top European markets. Leading Material: Nylon The nylon backpack had the lion's share in the market, with 45% in the year 2023, due to its benefits, such as durability, lightweight, and resistance. Example: In 2022, a U.S. outdoor gear firm launched a popular nylon hiking backpack among thru-hikers. Leading Capacity: 20–50 Liters The 20–50 liters segment dominated the market in 2023 because it is used for day hikes and short treks without axial loads, especially among novice hikers. Example: A Japanese brand stated that its new 30-liter hiking backpacks for urban users were 25% upsold in 2023. Regional Analysis North America held a 35% market share of global revenue in 2023 due to the high incidence of outdoor activities and brand awareness. The U.S. sat at 80% market dominance in the North American region, with over 50 million users hiking annually. Example: A hiking backpack seller based in the United States in 2023 experienced a 30% increase in sales, with many people considering environmentally friendly backpacks. Europe is the second-largest market, supported by a strong hiking culture, particularly in countries like Germany, Switzerland, and the U.K. Example: A German manufacturer developed ergonomic hiking backpacks for alpine hiking beginning in 2023. The Asia-Pacific region has the highest growth rate, reflected in growing disposable per capita income and passion for outdoor recreation in the Chinese, Indian, and Japanese markets. For example, there was a 15% sales increase of hiking backpacks in India in 2023 due to an increasing number of people interested in trekking to the Himalayas. Key Players Osprey Packs The North Face Deuter Sport GmbH Gregory Mountain Products Arc'teryx Equipment Black Diamond Equipment Patagonia Columbia Sportswear Mammut Sports Group AG Salomon Future Outlook Thus, the hiking backpack market has significant potential for growth due to the rising popularity of outdoor activities, continuous improvements in backpack design, and the increasing use of eco-friendly materials. Asia-Pacific and Latin America will be highly significant as people in these regions are more willing to spend disposable income on outdoor recreation. Smart features, ergonomics, and sustainability will be the key design aspects for manufacturers to build their competitive advantage. By 2030, hiking backpacks will be designed to fit different types of outdoor users, focusing on performance, aesthetics, and environmental status. Frequently Asked Question About This Report . Table of Contents 1. Executive Summary • Overview of the Hiking Backpacks Market • Key Findings and Market Trends • Market Attractiveness Analysis by Type, Material, Capacity, and Region 2. Market Introduction • Definition and Scope of the Market • Importance of Hiking Backpacks in Outdoor Activities • Market Structure Overview 3. Research Methodology • Research Approach and Data Collection Techniques • Market Estimation and Forecasting Methods • Data Validation and Triangulation 4. Market Dynamics • Drivers o Growing Popularity of Hiking and Outdoor Recreation o Rising Demand for Lightweight and Durable Backpacks • Restraints o High Cost of Premium Hiking Backpacks o Counterfeit Products in Emerging Markets • Opportunities o Advancements in Sustainable and Recycled Materials o Increasing Participation in Adventure Tourism Globally • Challenges o Market Fragmentation and Intense Competition 5. Global Hiking Backpacks Market Analysis • Market Size and Forecast (2022–2032) • By Type: o Daypacks o Multi-Day Backpacks o Expedition Backpacks • By Material: o Nylon o Polyester o Canvas o Recycled Materials • By Capacity: o Less than 20 Liters o 20–50 Liters o 50–70 Liters o Above 70 Liters • By Region: o North America o Europe o Asia-Pacific o Latin America o Middle East & Africa 6. Regional Analysis 6.1 North America • Market Size and Forecast by Type, Material, Capacity • Country Analysis: o U.S. o Canada o Mexico 6.2 Europe • Market Size and Forecast by Type, Material, Capacity • Country Analysis: o Germany o U.K. o France o Italy o Rest of Europe 6.3 Asia-Pacific • Market Size and Forecast by Type, Material, Capacity • Country Analysis: o China o India o Japan o South Korea o Rest of Asia-Pacific 6.4 Latin America • Market Size and Forecast by Type, Material, Capacity • Country Analysis: o Brazil o Argentina o Rest of Latin America 6.5 Middle East & Africa • Market Size and Forecast by Type, Material, Capacity • Country Analysis: o UAE o Saudi Arabia o South Africa o Rest of Middle East & Africa 7. Competitive Landscape • Market Share Analysis of Key Players • Recent Developments and Innovations • Strategic Initiatives by Key Companies 8. Company Profiles • Osprey Packs o Business Overview o Product Portfolio o Recent Developments • The North Face o Business Overview o Product Portfolio o Recent Developments • Deuter Sport GmbH o Business Overview o Product Portfolio o Recent Developments • Gregory Mountain Products o Business Overview o Product Portfolio o Recent Developments • Arc'teryx Equipment o Business Overview o Product Portfolio o Recent Developments • Black Diamond Equipment o Business Overview o Product Portfolio o Recent Developments • Patagonia o Business Overview o Product Portfolio o Recent Developments • Columbia Sportswear o Business Overview o Product Portfolio o Recent Developments • Mammut Sports Group AG o Business Overview o Product Portfolio o Recent Developments • Salomon o Business Overview o Product Portfolio o Recent Developments 9. Conclusion and Recommendations • Key Insights and Strategic Recommendations for Market Stakeholders 10. Appendix • Glossary of Terms • Research Methodology Details • References 11. List of Tables and Figures • Table: Hiking Backpacks Market Size by Region (2024–2032) • Table: Market Share by Type, 2023 (%) • Figure: Competitive Landscape Analysis • Figure: Market Attractiveness Analysis by Region