The Latin America, Middle East and Africa Hiking Gear & Equipment Market would witness market growth of 9.5% CAGR during the forecast period (2023-2030).
The market is growing as younger people's interest in sports increases. The popularity of outdoor sports events has increased along with the trend towards fitness regimens, quick leisure activities, and healthy lives. This has had a beneficial impact on the demand for hiking supplies and gear. The need for hiking equipment is also increasing as the outdoor recreation sector expands due to urban migration, shifting demographics, and a greater emphasis on healthy living.
The market has grown as a result of consumers' focus shifting to adopting a healthy lifestyle, which is backed by an increase in urbanization. Additionally, customers' growing preference for sturdy footwear has elevated the status of hiking boots. Since millennials make up one of the greatest consumer bases for hikers on the market, their rising participation drives up demand for these goods. The market is expected to increase favorably in response to this scenario.
Cotopaxi National Park has Cotopaxi Volcano, one of the world's highest active volcanoes. Hikers like to explore the park's high-altitude trails, enjoy views of the volcano, and visit the Limpiopungo Lagoon. The Atacama Desert is recognized as one of the driest places on Earth and offers unique desert trekking experiences. Chapada Diamantina National Park in northeastern Brazil features rugged canyons, waterfalls, and limestone plateaus. The Pati Valley trek is famous for exploring the park's natural beauty. Therefore, the region's diverse ecosystems, cultural heritage, and challenging trails make it a prime destination for those seeking outdoor exploration and adventure, which aids in expanding the market.
The Brazil market dominated the LAMEA Hiking Gear & Equipment Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $154.6 million by 2030. The Argentina market is registering a CAGR of 10.1% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 9.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Hiking Gear & Equipment Market is Projected to reach USD 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
Scope of the Study
Market Segments Covered in the Report:
By Product
- Clothes
- Footwear
- Backpack
- Equipment
- Others
By Distribution Channel
- Specialty stores
- Retail stores
- Online
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- 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.
- Exxel Outdoors, LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Hiking Gear & Equipment Market, by Product
1.4.2 LAMEA Hiking Gear & Equipment Market, by Distribution Channel
1.4.3 LAMEA Hiking Gear & Equipment Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter Five Forces Analysis
Chapter 4. LAMEA Hiking Gear & Equipment Market by Product
4.1 LAMEA Clothes Market by Country
4.2 LAMEA Footwear Market by Country
4.3 LAMEA Backpack Market by Country
4.4 LAMEA Equipment Market by Country
4.5 LAMEA Others Market by Country
Chapter 5. LAMEA Hiking Gear & Equipment Market by Distribution Channel
5.1 LAMEA Specialty stores Market by Country
5.2 LAMEA Retail stores Market by Country
5.3 LAMEA Online Market by Country
Chapter 6. LAMEA Hiking Gear & Equipment Market by Country
6.1 Brazil Hiking Gear & Equipment Market
6.1.1 Brazil Hiking Gear & Equipment Market by Product
6.1.2 Brazil Hiking Gear & Equipment Market by Distribution Channel
6.2 Argentina Hiking Gear & Equipment Market
6.2.1 Argentina Hiking Gear & Equipment Market by Product
6.2.2 Argentina Hiking Gear & Equipment Market by Distribution Channel
6.3 UAE Hiking Gear & Equipment Market
6.3.1 UAE Hiking Gear & Equipment Market by Product
6.3.2 UAE Hiking Gear & Equipment Market by Distribution Channel
6.4 Saudi Arabia Hiking Gear & Equipment Market
6.4.1 Saudi Arabia Hiking Gear & Equipment Market by Product
6.4.2 Saudi Arabia Hiking Gear & Equipment Market by Distribution Channel
6.5 South Africa Hiking Gear & Equipment Market
6.5.1 South Africa Hiking Gear & Equipment Market by Product
6.5.2 South Africa Hiking Gear & Equipment Market by Distribution Channel
6.6 Nigeria Hiking Gear & Equipment Market
6.6.1 Nigeria Hiking Gear & Equipment Market by Product
6.6.2 Nigeria Hiking Gear & Equipment Market by Distribution Channel
6.7 Rest of LAMEA Hiking Gear & Equipment Market
6.7.1 Rest of LAMEA Hiking Gear & Equipment Market by Product
6.7.2 Rest of LAMEA Hiking Gear & Equipment Market by Distribution Channel
Chapter 7. Company Profiles
7.1 Black Diamond Equipment, Ltd.
7.1.1 Company Overview
7.1.2 SWOT Analysis
7.2 Amer Sports
7.2.1 Company Overview
7.2.2 SWOT Analysis
7.3 The North Face (VF Corporation)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Recent strategies and developments:
7.3.4.1 Product Launches and Product Expansions:
7.3.5 SWOT Analysis
7.4 Mountain Hardwear (Columbia Sportswear Company)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Product Category and Regional Analysis
7.4.4 Recent strategies and developments:
7.4.4.1 Product Launches and Product Expansions:
7.4.5 SWOT Analysis
7.5 Marmot Mountain, LLC (Newell Brands, Inc.)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 SWOT Analysis
7.6 Equinox Ltd.
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 TATONKA GmbH
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Mont-bell Co., Ltd.
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Big Agnes, Inc.
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. Exxel Outdoors, LLC
7.10.1 Company Overview
7.10.2 SWOT Analysis
TABLE 1 LAMEA Hiking Gear & Equipment Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Hiking Gear & Equipment Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Hiking Gear & Equipment Market by Product, 2019 - 2022, USD Million
TABLE 4 LAMEA Hiking Gear & Equipment Market by Product, 2023 - 2030, USD Million
TABLE 5 LAMEA Clothes Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Clothes Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Footwear Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Footwear Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Backpack Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Backpack Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Equipment Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Equipment Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Hiking Gear & Equipment Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 16 LAMEA Hiking Gear & Equipment Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 17 LAMEA Specialty stores Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Specialty stores Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Retail stores Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Retail stores Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Online Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Online Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Hiking Gear & Equipment Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Hiking Gear & Equipment Market by Country, 2023 - 2030, USD Million
TABLE 25 Brazil Hiking Gear & Equipment Market, 2019 - 2022, USD Million
TABLE 26 Brazil Hiking Gear & Equipment Market, 2023 - 2030, USD Million
TABLE 27 Brazil Hiking Gear & Equipment Market by Product, 2019 - 2022, USD Million
TABLE 28 Brazil Hiking Gear & Equipment Market by Product, 2023 - 2030, USD Million
TABLE 29 Brazil Hiking Gear & Equipment Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 30 Brazil Hiking Gear & Equipment Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 31 Argentina Hiking Gear & Equipment Market, 2019 - 2022, USD Million
TABLE 32 Argentina Hiking Gear & Equipment Market, 2023 - 2030, USD Million
TABLE 33 Argentina Hiking Gear & Equipment Market by Product, 2019 - 2022, USD Million
TABLE 34 Argentina Hiking Gear & Equipment Market by Product, 2023 - 2030, USD Million
TABLE 35 Argentina Hiking Gear & Equipment Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 36 Argentina Hiking Gear & Equipment Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 37 UAE Hiking Gear & Equipment Market, 2019 - 2022, USD Million
TABLE 38 UAE Hiking Gear & Equipment Market, 2023 - 2030, USD Million
TABLE 39 UAE Hiking Gear & Equipment Market by Product, 2019 - 2022, USD Million
TABLE 40 UAE Hiking Gear & Equipment Market by Product, 2023 - 2030, USD Million
TABLE 41 UAE Hiking Gear & Equipment Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 42 UAE Hiking Gear & Equipment Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 43 Saudi Arabia Hiking Gear & Equipment Market, 2019 - 2022, USD Million
TABLE 44 Saudi Arabia Hiking Gear & Equipment Market, 2023 - 2030, USD Million
TABLE 45 Saudi Arabia Hiking Gear & Equipment Market by Product, 2019 - 2022, USD Million
TABLE 46 Saudi Arabia Hiking Gear & Equipment Market by Product, 2023 - 2030, USD Million
TABLE 47 Saudi Arabia Hiking Gear & Equipment Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 48 Saudi Arabia Hiking Gear & Equipment Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 49 South Africa Hiking Gear & Equipment Market, 2019 - 2022, USD Million
TABLE 50 South Africa Hiking Gear & Equipment Market, 2023 - 2030, USD Million
TABLE 51 South Africa Hiking Gear & Equipment Market by Product, 2019 - 2022, USD Million
TABLE 52 South Africa Hiking Gear & Equipment Market by Product, 2023 - 2030, USD Million
TABLE 53 South Africa Hiking Gear & Equipment Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 54 South Africa Hiking Gear & Equipment Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 55 Nigeria Hiking Gear & Equipment Market, 2019 - 2022, USD Million
TABLE 56 Nigeria Hiking Gear & Equipment Market, 2023 - 2030, USD Million
TABLE 57 Nigeria Hiking Gear & Equipment Market by Product, 2019 - 2022, USD Million
TABLE 58 Nigeria Hiking Gear & Equipment Market by Product, 2023 - 2030, USD Million
TABLE 59 Nigeria Hiking Gear & Equipment Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 60 Nigeria Hiking Gear & Equipment Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 61 Rest of LAMEA Hiking Gear & Equipment Market, 2019 - 2022, USD Million
TABLE 62 Rest of LAMEA Hiking Gear & Equipment Market, 2023 - 2030, USD Million
TABLE 63 Rest of LAMEA Hiking Gear & Equipment Market by Product, 2019 - 2022, USD Million
TABLE 64 Rest of LAMEA Hiking Gear & Equipment Market by Product, 2023 - 2030, USD Million
TABLE 65 Rest of LAMEA Hiking Gear & Equipment Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 66 Rest of LAMEA Hiking Gear & Equipment Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 67 Key Information – Black Diamond Equipment, Ltd.
TABLE 68 Key Information – Amer Sports
TABLE 69 Key Information – The North Face
TABLE 70 Key Information – Mountain Hardwear
TABLE 71 Key Information – Marmot Mountain, LLC
TABLE 72 Key Information – Equinox Ltd.
TABLE 73 Key Information – TATONKA GmbH
TABLE 74 Key Information – Mont-bell Co., Ltd.
TABLE 75 Key Information – Big Agnes, Inc.
TABLE 76 Key Information – Exxel Outdoors, LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Hiking Gear & Equipment Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Hiking Gear & Equipment Market
FIG 4 Porter’s Five Forces Analysis – Hiking Gear & Equipment Market
FIG 5 LAMEA Hiking Gear & Equipment Market share by Product, 2022
FIG 6 LAMEA Hiking Gear & Equipment Market share by Product, 2030
FIG 7 LAMEA Hiking Gear & Equipment Market by Product, 2019 - 2030, USD Million
FIG 8 LAMEA Hiking Gear & Equipment Market share by Distribution Channel, 2022
FIG 9 LAMEA Hiking Gear & Equipment Market share by Distribution Channel, 2030
FIG 10 LAMEA Hiking Gear & Equipment Market by Distribution Channel, 2019 - 2030, USD Million
FIG 11 LAMEA Hiking Gear & Equipment Market share by Country, 2022
FIG 12 LAMEA Hiking Gear & Equipment Market share by Country, 2030
FIG 13 LAMEA Hiking Gear & Equipment Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Black Diamond Equipment, Ltd.
FIG 15 SWOT Analysis: Amer Sports
FIG 16 SWOT Analysis: The North Face
FIG 17 SWOT Analysis: Mountain Hardwear
FIG 18 SWOT Analysis: Marmot Mountain, LLC
FIG 19 SWOT Analysis: Equinox Ltd.
FIG 20 SWOT Analysis: TATONKA GmbH
FIG 21 SWOT Analysis: Mont-bell Co., Ltd.
FIG 22 SWOT Analysis: Big Agnes, Inc.
FIG 23 SWOT Analysis: Exxel Outdoors, LLC