PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1825275
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1825275
The global hiking gear and equipment market is expected to grow from USD 8.162 billion in 2025 to USD 12.335 billion in 2030, at a CAGR of 8.61%.
The global hiking gear and equipment market is experiencing significant growth, driven by increasing participation in outdoor sports, particularly among millennials, and rising disposable incomes that support recreational activities. The growing emphasis on fitness and healthy lifestyles, spurred by concerns over obesity and chronic diseases, has boosted the popularity of hiking and other outdoor pursuits. Social media trends are further amplifying demand, as both consumers and market players leverage platforms to promote hiking culture and gear sales. The booming travel and tourism industry, particularly adventure tourism, is a key driver, with governments implementing policies to enhance safety and attract international tourists. Market players are diversifying product portfolios and adopting growth strategies like investments and partnerships to meet evolving consumer demands. However, challenges such as high production costs and disruptions in tourism due to external factors may pose constraints.
Market Drivers
Rising Demand for Outdoor Activities
The increasing attraction to outdoor sports and adventure activities is a primary driver of the hiking gear and equipment market. Consumers, particularly younger demographics, are drawn to hiking as a means to stay fit and engage in recreational pursuits. The rise in adventure tourism, supported by government initiatives to promote safe and accessible hiking destinations, is further fueling demand for gear such as clothing, footwear, equipment, and accessories. The influence of social media has heightened consumer interest, with brands using these platforms to showcase innovative products and drive sales.
Growth in Online Sales
The online sales channel is witnessing significant growth, offering consumers convenience and access to a wide range of hiking gear at competitive prices. The ease of shopping through e-commerce platforms, coupled with discounted rates, is driving the adoption of online channels. However, offline retail, including sports outlets, continues to dominate due to the tactile benefits of in-store shopping and personalized assistance from sales staff, which helps consumers select gear suited to their needs.
Geographical Outlook
North America
North America holds a significant share of the hiking gear and equipment market, driven by high participation rates in outdoor activities in countries like the U.S. and Canada. The region benefits from a strong culture of outdoor recreation, supported by the development of hiking trails and infrastructure. The U.S., in particular, sees robust demand due to increasing trail construction and consumer enthusiasm for hiking, which drives sales of specialized gear.
Asia Pacific
The Asia Pacific region is projected to experience substantial growth, fueled by the rising adoption of outdoor sports in countries like India, China, and Australia. The influx of international tourists seeking adventure activities, combined with growing disposable incomes and urbanization, is accelerating demand for hiking gear. Government initiatives to promote tourism further enhance market opportunities in the region.
Competitive Insights
Key players such as Marmot Mountain LLC, The North Face, Black Diamond Equipment, Ltd., Columbia Sportswear Company, and Decathlon S.A. dominate the market, leveraging strong brand reputations and innovative product offerings. These companies are focusing on portfolio diversification, production facility expansion, and strategic partnerships to capture a broader customer base and meet evolving demands.
The hiking gear and equipment market is poised for significant growth, driven by the rising popularity of outdoor activities, increasing disposable incomes, and the influence of social media. North America leads the market, while the Asia Pacific region shows strong growth potential due to adventure tourism and lifestyle shifts. Online sales channels are gaining traction, complementing the dominance of offline retail. Despite challenges like production costs, strategic innovations and government support for tourism position the market for sustained expansion, offering opportunities for key players to capitalize on consumer trends.
What do businesses use our reports for?
Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence
Segmentation: