PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1507335
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1507335
US Hiking Accessories Market is valued approximately USD 12.27 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 8.12% over the forecast period 2024-2032. Hiking accessories are supplementary items used by hikers to improve their overall outdoor experience. These accessories are designed to cater to the specific needs and challenges encountered during hiking, such as navigating trails, staying hydrated, maintaining comfort, and ensuring safety. Hiking accessories can range from simple tools to advanced technological devices. It encompasses a wide range of equipment and gear designed to enhance the hiking experience by providing convenience, safety, comfort, and functionality. These accessories are typically used to support various aspects of hiking, such as navigation, hydration, protection from the elements, and carrying essential items. Moreover, trends such as rise of rental services for high-end hiking gear, allowing consumers to access premium products without the full investment. Therefore, these factors further drive demand for the US Hiking Accessories Market during the forecast period.
The development of high-performance, lightweight, and durable hiking gear is significantly driving demand in the US Hiking Accessories Market. Modern hikers prioritize gear that enhances their overall experience by providing comfort, reliability, and efficiency. Innovations in material science have led to the creation of advanced gear that is not only robust and long-lasting but also remarkably lightweight, making it easier to carry on long treks. This includes ultralight tents, moisture-wicking apparel, ergonomic backpacks, and multifunctional tools, all designed to withstand diverse and challenging environments. As outdoor activities gain popularity for their health and wellness benefits, more consumers are investing in these advanced products to improve their hiking adventures. Additionally, the trend towards sustainable and eco-friendly materials in high-performance gear appeals to environmentally conscious hikers, further driving market growth. This continuous innovation in hiking equipment underscores the increasing demand for superior hiking accessories in the US market. However, health & safety concerns and environmental impact of hiking stifle market growth during forecast period 2024-2032.