DUBLIN--(BUSINESS WIRE)--The "Trekking Rucksack Market Forecast to 2028 - COVID-19 Impact and Global Analysis" report has been added to ResearchAndMarkets.com's offering.
The trekking rucksack market was valued at US$ 3,349.66 million in 2021 and is projected to reach US$ 4,627.68 million by 2028; it is expected to grow at a CAGR of 4.7% from 2021 to 2028.
Trekking rucksack is a type of backpack with additional pockets and hip or chest belts to carry a heavier load while trekking. Manufacturers of these sacks focus on the quality, material, and weight of the product to meet evolving consumer preferences that are influenced by comfort and environmental conditions. For instance, Amer Sports, through its Arc'teryx brand provides waterproof rucksacks made from perfluorinated chemicals (PFCs). Market players are also focusing on offering customized trekking rucksacks for women as the number of female trekkers is continuously rising worldwide.
Based on capacity, the global trekking rucksack market is segmented into up to 20 litres, 20-50 litres, and more than 50 litres. These rucksacks are designed for multiday use and are used for carrying heavier loads than daypacks. Most of these rucksacks will have all features present in a daypack, but with additional fixing points, padding, and pockets. The rucksacks also have space to carry any extra gears or equipment that a traveler would need through the trek. The rucksack is ideal for those who go on an overnight trip. The 50 litres rucksack is sufficient to fit sleeping bag, tent, and clothing for a 3-day hike. The segment is one of the most popular as numerous travelers go on weekend treks and would have a target audience of consumers who are lite to moderate travelers. The segment is expected to see high growth prospects as more number of people are taking part in outdoor recreational activities and two-day treks are one of the most popular among travelers.
Based on material, the global trekking rucksack market is segmented into nylon, polyester, canvas, and others. The nylon segment accounts for the largest market share. The polyester segment is expected to register the highest CAGR in the market during the forecast period. Nylon, also known as thermoplastic, is an artificial polymer that is typically derived from petroleum. It is durable, lightweight, and smooth. Moreover, it can be modified into any design or shape by adding a delustering agent when it is in the molten stage, making it a flexible fiber.
The material has higher elasticity, which allows the comfortable accommodation of large amounts of luggage in these rucksacks. Moreover, due to the product's excellent flexibility, the material can comfortably go back to its original state without any creases and wrinkles. Generally, when the material is stretched for too long the fibers become soft and thin but retain their strength. Nylon also low absorbency rate, which provides the rucksacks water resistance and makes them ideal for the use in tropical areas. The nylon rucksacks are easy to clean; since the fabric is smooth, dirt does not cling on to its surface. Moreover, nylon rucksacks are 100% resistant to fungi, mildew, or mold as well as alkaline environments.
The trekking rucksack market, by region, is segmented into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South and Central America (SAM). In 2020, North America held the largest share of the global trekking rucksack market. However, Asia-Pacific is estimated to register the highest CAGR in the market during the forecast period. Growing inclination toward recreational activities and adventure tourism has led to an increase in the number of trekkers in North America, especially in the US. The American Hiking Society, in collaboration with the Congress and federal agencies in the country, works on the policies and legislation to ensure funding for trails, preservation of natural areas, and protection of hiking experience.
Reasons to Buy
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Global Trekking Rucksack market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to material, product, and end user.
Market Dynamics
Drivers
- Beneficial Product Features
- Increasing Popularity of Outdoor Sports and Recreational Activities
Restraint
- Surging Demand for Rental Trekking Gear
Opportunities
- Product Innovation
Future Trends
- Rising Trend of Flashpacking/Poshpacking
Companies Mentioned
- Arc'teryx
- Deuter Sport Gmbh
- Equip Outdoor Technologies UK Ltd
- Granite Gear LLC
- Mufubu
- Tripole Gears
- Vango
- Wildcraft
- Osprey Packs, Inc
- Hyperlite Mountain Gear Inc.
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