Market Overview
The global hiking gear and equipment market size was valued at USD 7.2 Billion in 2024. It is projected to reach USD 11.3 Billion by 2033, growing at a CAGR of 4.89% during the forecast period of 2025-2033. The market growth is driven by increased interest in outdoor recreation, health and wellness trends, technological advancements, sustainable practices, urbanization, easier access to products, and rising participation of women in outdoor activities.
Study Assumption Years
- Base Year: 2024
- Historical Years: 2019-2024
- Forecast Period: 2025-2033
Hiking Gear and Equipment Market Key Takeaways
- Current Market Size: USD 7.2 Billion in 2024
- CAGR: 4.89% from 2025 to 2033
- Forecast Period: 2025-2033
- The market experiences steady growth due to increasing adoption of healthy and adventurous lifestyles.
- Technological advancements such as GPS devices, wearable technology, and drone technology are revolutionizing the market.
- North America leads the market, followed by Europe driven by health and wellness awareness.
- The market is highly competitive, with key players focusing on digital marketing, eco-friendly products and enhanced design.
- Opportunities lie in growing adoption of outdoor activities while seasonal fluctuations remain a challenge.
Sample Request Link: https://www.imarcgroup.com/hiking-gear-equipment-market/requestsample
Market Growth Factors
The hiking gear and equipment market is driven by the rising adoption of outdoor recreation worldwide. Increasing urbanization and sedentary lifestyles have amplified the desire to reconnect with nature. Governments and organizations promote environmental conservation, cultural heritage, and community engagement. The proliferation of social media influencers sharing outdoor experiences also spurs demand for high-quality hiking gear, supporting steady market expansion.
Health and wellness trends significantly contribute to market growth as consumers prioritize balanced lifestyles incorporating physical activity. Hiking provides low-impact exercise that strengthens muscles, improves cardiovascular health, reduces stress, and enhances mood. The COVID-19 pandemic accelerated interest in socially distanced outdoor activities like hiking, augmenting gear demand based on durability, comfort, and versatility.
Sustainability emerges as a key driver with growing consumer demand for eco-friendly and ethically manufactured products. Hiking gear companies increasingly use recycled plastics, organic cotton, and environmentally responsible fabrics. Sustainable manufacturing processes including waste reduction, energy efficiency, and water conservation reduce environmental footprints. Corporates emphasize social responsibility through fair labor practices and ethical sourcing, promoting social equity and long-term industry sustainability.
Market Segmentation
By Product:
- Clothes: Largest market segment, including outer shells, base layers, mid-layers, socks, gloves, and hats. Growth driven by fabric technology advancements and moisture-wicking, quick-drying material demand.
- Footwear: Includes hiking boots, sandals, and trail shoes. Growth supported by footwear technology innovations, lightweight designs, and awareness of foot protection benefits.
- Backpack: Offers storage and carrying comfort with advanced design features like ventilated panels and adjustable suspensions. Growing interest in multi-day hikes fuels demand.
- Equipment: Includes sleeping bags, tents, cooking gear, navigation and safety equipment (emergency shelters, first aid kits). Innovation focuses on functionality and modern hiker needs.
By Gender:
- Men: Largest segment due to active participation in outdoor activities and demand for rugged, functional gear like backpacks, apparel, footwear, and tents.
- Women: Growing market with demand for gear tailored to female anatomical and performance needs, including apparel, backpacks, and accessories with specialized features.
- Kids: Focus on age-appropriate clothing, footwear, backpacks, and accessories to encourage outdoor adventure among younger outdoor enthusiasts.
By Distribution Channel:
- Offline: Leading segment, comprising departmental stores, specialty outdoor retailers, and brick-and-mortar stores allowing product trials and personalized service.
- Online: Popular for accessibility and convenience, offering a wide product selection and global reach through e-commerce platforms.
Regional Insights
North America holds the largest hiking gear and equipment market share, fueled by a strong outdoor recreational culture and diverse landscapes attracting millions of hikers and campers annually. The region benefits from established outdoor brands, specialty retailers, and e-commerce platforms supporting market growth. Asia Pacific shows rapid growth driven by rising incomes, urbanization, and increasing outdoor activity participation, while Europe remains mature with a rich outdoor culture and infrastructure.
Recent Developments & News
- August 2020: Mountain Hardwear (Columbia Sportswear) launched a new range of hiking jackets featuring cutting-edge materials and technology for improved outdoor performance and comfort.
- September 2020: Black Diamond Equipment, Ltd. introduced hiking packs with advanced anti-theft technology enhancing hiker security.
- June 2022: Marmot Mountain LLC (Newell Brands Contigo) expanded its offerings with cooking systems like dual-sip tumblers, beverage containers, stainless steel can coolers, and wine tumblers.
Key Players
- Amer Sports Oyj
- AMG Group Ltd.
- Black Diamond Equipment, Ltd. (Clarus Corp.)
- Equinox Industries Ltd.
- Marmot Mountain LLC (Newell Brands)
- Montbell Co. Ltd.
- Mountain Hardwear (Columbia Sportswear)
- Sierra Designs
- Tatonka GmbH
- VF Corporation
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Request for customization: https://www.imarcgroup.com/request?type=report&id=2729&flag=E
About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
United States: +1-201971-6302