PUBLISHER: TechNavio | PRODUCT CODE: 1398094
PUBLISHER: TechNavio | PRODUCT CODE: 1398094
The outdoor backpacks market is forecasted to grow by USD 827.94 mn during 2023-2028, accelerating at a CAGR of 4.77% during the forecast period. The report on the outdoor backpacks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing popularity of hiking among millennials, availability of outdoor backpacks online, and the increasing urbanization rate.
Market Scope | |
---|---|
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.61% |
CAGR | 4.77% |
Incremental Value | $827.94mn |
Technavio's outdoor backpacks market is segmented as below:
By Distribution Channel
By Type
By Geographical Landscape
This study identifies the growing preference for customized outdoor backpacks as one of the prime reasons driving the outdoor backpack market growth during the next few years. Also, the increasing availability of technologically advanced outdoor backpacks and strategic outdoor backpack promotional activities will lead to sizable demand in the market.
The report on the outdoor backpacks market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading outdoor backpacks market vendors that include Amer Sports Corp., AMG Group Ltd., Authentic Brands Group LLC, BearMade, Cascade Designs Inc., Clarus Corp., Columbia Sportswear Co., Dakine IP Holdings LP, Deuter Sport GmbH, Exxel Outdoors LLC, Helen of Troy Ltd., Newell Brands Inc., Patagonia Inc., Samsonite International SA, Thule Sweden AB, Timbuk2 Designs Inc., VAUDE Sport GmbH and Co. KG, VF Corp., Vista Outdoor Inc., and Wildcraft India Pvt. Ltd.. Also, the outdoor backpacks market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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