Outdoor Backpacks Market To Grow By $997.1 Mn (2025-2029), Hiking Popularity Among Millennials Drives Growth
The global outdoor backpack market size is estimated to grow by USD 997.1 million from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 5.4% during the forecast period. The growing popularity of hiking among millennials is driving market growth, with a trend toward a growing preference for customized outdoor backpacks. However, the threat from counterfeit backpacks poses a challenge. Key market players include Amer Sports Corp., AMG Group Ltd., Authentic Brands Group LLC, 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., Wildcraft India Pvt. Ltd., and Wildish.
Market Driver
The Outdoor Backpacks Market is thriving, catering to the needs of outdoor enthusiasts and everyday adventurers alike. Novice hikers and expert hikers both seek durable, comfortable packs for physical strain during rugged terrain hikes. Trends include faster movement, a minimalist approach, and storage for multi-day hikes. Comfort and support are crucial for preventing back pain and fatigue. Quality brands offer affordable, durable packs for various activities, including biking, snow sports, and travel. Backpack types range from everyday backpacks to specialized packs for specific activities. Activity suitability, versatility, and durability are key factors in informed choices. Basic daypacks, rucksacks, duffels, totes, and drawstring bags each offer unique benefits. Anti-theft features, laptop compartments, and camera pockets add convenience for urban exploration and travel. Style and functionality balance out the practicality of these packs. Lightweight design, hydration systems, and safety features ensure a comfortable, secure experience for all types of outdoor activities.
Market Challenges
The global outdoor backpack market faces a challenge due to the prevalence of counterfeit backpacks. These unauthorized products, made from substandard materials and not adhering to manufacturing regulations, flood markets in countries like China, Hong Kong, and Thailand. This uneven competition and price standardization erode the market share of authentic vendors. Counterfeit backpacks, with their lower durability and quality, are sold at reduced prices, giving an edge to their manufacturers. This trend may hinder the growth of the outdoor backpack market during the forecast period.
Research Analysis
Outdoor pastimes, such as hiking, have gained immense popularity among novice and expert hikers alike. Whether you’re embarking on a rugged terrain adventure or using a backpack for your daily commute, choosing the right one is crucial. For novice hikers, comfort and support are key considerations to prevent physical strain and back pain. Expert hikers prioritize minimalist approaches for faster movement and risk mitigation during longer, multi-day hikes. Storage capacity, durability, and affordability are essential factors for both everyday adventurers and globe-trotting hikers. Rugged hikes demand durable backpacks, while informed choices ensure quality and comfort. Backpack types range from everyday backpacks to specialized ones, catering to various needs. Regardless of your hiking experience, consider factors like the risk of falls, mobility, and material durability when selecting a backpack. Comfort and support are vital for preventing fatigue, especially during longer hikes. Hiking gear, including backpacks, plays a significant role in enhancing your outdoor experience.
Market Research Overview
Outdoor pastimes have gained immense popularity among novice and expert hikers alike. Whether you’re embarking on a rugged hike or an everyday commute, an outdoor backpack is an essential piece of gear. For novice hikers, physical strain and the risk of falls on rugged terrain can be daunting. Comfort and support are crucial to prevent back pain and fatigue. For expert hikers, a minimalist approach with sufficient storage for multi-day hikes and mobility is key. Outdoor enthusiasts and everyday adventurers seek durable, affordable, and quality backpacks for their various activities. Backpack types range from basic daypacks and rucksacks for hiking, to anti-theft backpacks for travel, and laptop bags for work. Activity suitability, versatility, and durability are essential considerations, along with style and functionality.
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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