The Europe Hiking Gear & Equipment Market would witness market growth of 6.0% CAGR during the forecast period (2023-2030).
Hiking is a diverse activity enjoyed by people of all ages. Market trends may shift based on the age and preferences of hikers. Younger consumers may seek lightweight and tech-savvy gear, while older hikers prioritize comfort and durability. Broader outdoor trends influence the market. As outdoor activities gain popularity, hiking gear often benefits from increased interest in camping, backpacking, and other outdoor pursuits. The market is a thriving industry that caters to outdoor enthusiasts, hikers, backpackers, and adventurers. It encompasses many products designed to enhance the outdoor experience, ensure safety, and provide comfort while exploring natural landscapes.
The market includes various types of gear and equipment, such as hiking boots, backpacks, tents, sleeping bags, clothing (including moisture-wicking and insulated garments), navigation tools (compasses and GPS devices), hydration systems, cookware, headlamps, trekking poles, and first-aid kits. Various types of hiking gear and equipment are important in their ability to enhance the overall hiking experience, ensure safety, and provide comfort while navigating the great outdoors.
Europe boasts diverse hiking activities, making it a haven for outdoor enthusiasts of all levels. The European Alps, stretching across several countries, including Switzerland, Austria, France, and Italy, offer some of the world's most iconic hiking experiences. Hikers can explore high-altitude trails with breathtaking views of snow-capped peaks, serene alpine lakes, and charming mountain villages. The Tour du Mont Blanc is a highlight for alpine hiking enthusiasts. Thus, all these factors will present lucrative expansion opportunities for the regional market.
The Germany market dominated the Europe Hiking Gear & Equipment Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $498.3 million by 2030. The UK market is exhibiting a CAGR of 5.1% during (2023 - 2030). Additionally, The France market would experience a CAGR of 6.8% during (2023 - 2030).
Based on Product, the market is segmented into Clothes, Footwear, Backpack, Equipment, and Others. Based on Distribution Channel, the market is segmented into Specialty stores, Retail stores, and online. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Hiking Gear & Equipment Market will Hit $8.7 Billion by 2030, at a CAGR of 6.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Black Diamond Equipment, Ltd., Amer Sports, The North Face (VF Outdoor LLC), Mountain Hardwear(Columbia Sportswear Company), Marmot Mountain, LLC (Newell Brands, Inc.), Equinox Ltd., TATONKA GmbH, Mont-bell Co., Ltd., Big Agnes, Inc. and Exxel Outdoors, LLC
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By Distribution Channel
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