Publication Month: Oct 2021 |
Report Code: TIPRE00024637
| No. of Pages:
| Category: Consumer Goods
| Status: Published
No. of Pages 153
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.
In 2020, North America held the largest share of the trekking rucksack market. However, Asia-Pacific is estimated to register the highest CAGR in the market during the forecast period. In North America, the Colorado Rocky Mountains and the pacific crest trail to the Appalachian Trail are a few of the famous trekking destinations, attracting people from the region and other part of the world. Thus, the continuous inflow of a large number of trekkers is boosting the consumption of trekking rucksacks. As per a report published by an outdoor industry association, 34% of consumers of outdoor recreation products comprise of active, ethnically diverse, and young people, residing in cities. Moreover, elderly citizens are also getting involved in the outdoor activities to keep their health in check, which is adding to the popularity of smaller treks in North America.
|Market Size Value in||US$ 3,349.66 million in 2021|
|Market Size Value by||US$ 4,627.68 million by 2028|
|Growth rate||CAGR of 4.7% from 2021 to 2028|
|No. of Pages||153|
|No. of Tables||83|
|No. of Charts & Figures||86|
|Historical data available||Yes|
|Segments covered||Capacity, Material and Distribution Channel|
|Regional scope||North America; Europe; Asia Pacific; Latin America; MEA|
|Country scope||US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Free Sample Copy Available|
Initially, the COVID-19 pandemic had a negative impact on the trekking rucksacks market. The outbreak distorted operational efficiency and disrupted value chains due to the shutdown of national and international boundaries, creating revenue loss and damage. Nationwide lockdown propelled people to stay at home. Additionally, the discontinuation of production had a negative impact on the trekking rucksacks market in the first half of 2020. The shuttering of retail stores, convenience stores, supermarkets, and hypermarkets, among other distribution channels of trekking rucksack providers, hampered their sales. However, with an increasing number of people being vaccinated, there has been an ease in the lockdown restrictions. International and domestic travel has resumed with increasing preference for recreational activities and adventure tourism among the global populace. The number of hikers witnessed a dramatic surge in 2021 compared to the previous year 2020. People are opting for trekking as a weekend getaway to maintain a physical and mental health balance. Thus, the demand for trekking rucksacks is increasing globally.
Trekking rucksack is a backpack with additional pockets and hip or chest belts to carry a heavier load while trekking. Trekkers use such rucksacks while on a day hike or short overnight trek to carry essential apparels, equipment, and accessories, and food and water. An ideal rucksack is light weight; waterproof; expandable; offers good back ventilation; and has good pocket organization, durable zippers, and adjustable belts. Such beneficial features make them a desired choice among trekkers.
A rucksack with a capacity of more than 50 litres is suitable for weekend hikes as well as for week-long backpacking adventures. The adjustable belts and straps incorporated on them allows the adjustment of the position of the rucksack as per the torso length and waist size of the trekker, thus ensuring a smooth and comfortable trekking experience. Additionally, the shoulder straps/belts are padded with honeycomb structure to facilitate even distribution of pressure. The adjustable feature of the body-hugging belts and straps also helps in maintaining proper balance while trekking.
Based on capacity, the global trekking rucksack market is segmented into upto 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 teg 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.
Based on distribution channel, the global trekking rucksack market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment accounted for the largest market share in 2020, and the online retail segment is expected to register the highest CAGR in the market during the forecast period. The specialty stores are among the most prominent distribution channels for trekking rucksack market players as they offer specific product categories with a wider variety than supermarkets and hypermarkets. A few of the popular specialty stores include Sport Scheck, Sport 2000, and Intersport. Due to strong brand loyalty for certain brands of trekking rucksacks, people prefer buying these products in specialty stores. The specialty stores employ promotional campaigns to attract customers and maintain a consistent visitor inflow. These stores are usually placed in major retail locations, including shopping complexes and malls, and use merchandising techniques for providing an overall rich shopping experience for the consumers. These stores also offer numerous other outdoor recreational products, such as mountaineering equipment, which further enhances product exposure to target audience. Many stores are adopting advanced digital tools to enhance the shopping experience for consumers. For instance, Timberland recently began incorporating the RFID chips in all products in their New York location. Upon placing the products near tablets, product information is displayed on the tablets. Recommended and related items are also displayed, and the customer can choose items to add to their personal collection.
A few players operating in the trekking rucksack market are Arc’teryx; Deuter Sport GmbH; Equip Outdoor Technologies UK LTD; Granite Gear LLC; Mufubu; Tripole Gears; Vango; Wildcraft; Osprey Packs, Inc; and Hyperlite Mountain Gear Inc. These companies present a wide product portfolio in the market. The companies have presence in developing regions, thus providing lucrative opportunities for the trekking rucksack market growth in these regions. The market players are developing high-quality and innovative products to fulfil the customer’s requirements.