Asia Pacific Trekking Rucksack Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Capacity (Up to 20 Litres, 20-50 Litres, and More Than 50 Litres), Material (Nylon, Polyester, Canvas, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
Market Introduction
The Asia Pacific region comprises countries such as Australia, China, India, Japan, South Korea, and other Asian countries. In the Asia Pacific region, the tourism industry has seen impressive growth in recent years. The growth of the trekking rucksack market in the Asia Pacific region is mainly attributed to the rise in the number of outdoor and recreational activities. The importance of outdoor activities is increasing among people due to fitness trends, and recreational activities. The consumer attraction towards different outdoor activities such as trekking and others across the region is growing. Many people from the region are opting to go for frequent treks and camps. The growing preference of people for various outdoor activities encourages them to invest in commodities necessary for these activities. The rucksack is one of the essential items in trekking. These rucksacks carry all essential items. The rucksacks allow carrying heavy loads more easily. Trekking helps to improve physical health immensely. Hence, the increase in outdoor activities in the region will boost the demand for various trekking equipment including trekking rucksacks in the region.
The governments in Asia Pacific are taking possible steps to reduce the effects of COVID-19 by announcing lockdown, and thus, impact the revenue generated by the market. The emergence of new COVID-19 waves in India, Thailand, and other Asian economies has prolonged the effect of pandemic upon the GDP of countries such as India, and Thailand. The ongoing COVID-19 pandemic is anticipated to cause huge disruptions in the growth of various industries of Asia Pacific. However, the uncertainty regarding the future outbreak, especially in countries such as India and a few other Asian countries, has altered the status of several industrial sectors. The governments of various Asia Pacific economies are taking possible steps to restrict the spread of the virus by announcing country-wide lockdown, which have a direct impact upon the growth of industrial sectors. This may negatively impact the demand for trekking rucksacks.
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Market Overview and Dynamics
The trekking rucksack market in Asia Pacific is expected to grow from US$ 916.76 million in 2021 to US$ 1,328.14 million by 2028; it is estimated to grow at a CAGR of 5.4% from 2021 to 2028. Trekking rucksack is a type of backpack with additional pockets and hip or chest belts to carry a heavier load while trekking. Trekkers use a rucksack while on a day hike or short overnight trek to carry essential apparel, equipment, or accessories required during the trek. A suitable rucksack is light weight, waterproof, expandable, offers good back ventilation, has good pocket organization, durable zippers, and adjustable belts. Such beneficial features of trekking rucksacks make them a desired choice amongst trekkers to carry necessary items such as water, additional clothing, food, and others. Rucksacks, along with being ultra-lightweight, are also spacious to hold all the necessary items required during a trek. 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 the rucksack ensure a smooth and comfortable trekking experience as the position of the rucksack can be adjusted according to the torso length and waist size of the trekker. Additionally, the shoulder straps/belts are padded with honeycomb structure to evenly spread the pressure and experience a comfortable trek. The adjustable feature of the body–hugging belts and straps also helps in maintaining proper balance while trekking. During summers, a rucksack with proper back ventilation is the perfect choice as the free span mesh at the back of the rucksack keeps the trekkers back cool and sweat free. Yet another beneficial feature is the waterproof fabric used to manufacture the rucksack. In most of the highly priced rucksacks, a double waterproof fabric is used to ensure no water is soaked by the backpack’s fabric and the content kept inside are safe and dry. A waterproof rucksack is the utmost choice for trekkers due to the changing weather conditions, resulting in non-seasonal rains; and the need to cross small rivers and lakes during the trek. Majority of the rucksacks are expandable with proper pocket organization and durable zippers fitted in them. The expandable feature allows trekkers to carry non-essential items with them along with the essential items. Whereas a good and strategic pocket organization ensures that the trekker can easily access the pockets while trekking without the need to frequently stop in the way to remove/keep items from/in the pocket. The durable zippers in a trekking rucksack keep the rucksack closed and its item intact. Such zippers do not tear up when access items are fitted inside the rucksack. Owing to such beneficial properties, rucksacks are witnessing increasing demand amongst the trekkers, which in turn is boosting the growth of trekking rucksacks market.
Key Market Segments
In terms of capacity, the 25-50 litres segment accounted for the largest share of the Asia Pacific trekking rucksack market in 2020. In terms of material, the nylon segment accounted for the largest share of the Asia Pacific trekking rucksack market in 2020. In term of distribution channel, the specialty store segment held a larger market share of the trekking rucksack market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the trekking rucksack market in Asia Pacific are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Arcteryx; Deuter Sport GmbH; Osprey Packs, Inc.; HYPERLITE MOUNTAIN GEAR; GRANITE GEAR LLC; Vango; Equip Outdoor Technologies UK LTD; Mufubu; Tripole Gears; and Wildcraft among others.
Reasons to buy report
- To understand the Asia Pacific trekking rucksack market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Asia Pacific trekking rucksack market
- Efficiently plan M&A and partnership deals in Asia Pacific trekking rucksack market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Asia Pacific trekking rucksack market
- Obtain market revenue forecast for market by various segments from 2021-2028 in Asia Pacific region.
Asia Pacific Trekking Rucksack Market – By Capacity
Asia Pacific Trekking Rucksack Market – By Material
- Nylon
- Polyester
- Canvas
- Others
Asia Pacific Trekking Rucksack Market – By Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
- Others
Asia Pacific Trekking Rucksack Market – By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Asia Pacific Trekking Rucksack Market – Companies Mentioned
- Arcteryx
- Deuter Sport GmbH
- Osprey Packs, Inc.
- HYPERLITE MOUNTAIN GEAR
- GRANITE GEAR LLC
- Vango
- Equip Outdoor Technologies UK LTD
- Mufubu
- Tripole Gears
- Wildcraft
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Asia Pacific Trekking Rucksack – Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. Asia Pacific Trekking Rucksack Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Useful Product Features
5.1.2 Raising Popularity of Outdoor Sports and Recreational Activities
5.2 Market Restraint
5.2.1 Up-surging Demand for Rental Trekking Gear
5.3 Market Opportunities
5.3.1 Burgeoning Product Innovation
5.4 Future Trends
5.4.1 Broadening Trend of Flashpacking/Poshpacking
5.5 Impact Analysis of Drivers and Restraint
6. Asia Pacific Trekking Rucksack – Market Analysis
6.1 Asia Pacific Trekking Rucksack Market Overview
6.2 Asia Pacific Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
7. Asia Pacific Trekking Rucksack Market Analysis – By Capacity
7.1 Overview
7.2 Asia Pacific: Trekking Rucksack Market, by Capacity
7.3 Upto 24 Litres
7.3.1 Overview
7.3.2 Upto 24 Litres: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
7.4–50 Litres
7.4.1 Overview
7.4.2–50 Litres: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
7.5 More Than 50 Litres
7.5.1 Overview
7.5.2 More Than 50 Litres: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Trekking Rucksack Market Analysis – By Material
8.1 Overview
8.2 Asia Pacific: Trekking Rucksack Market, by Material
8.3 Nylon
8.3.1 Overview
8.3.2 Nylon: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Polyester
8.4.1 Overview
8.4.2 Polyester: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Canvas
8.5.1 Overview
8.5.2 Canvas: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Trekking Rucksack Market Analysis – By Distribution Channel
9.1 Overview
9.2 Asia Pacific: Trekking Rucksack Market, by Distribution Channel
9.3 Supermarkets and Hypermarkets
9.3.1 Overview
9.3.2 Supermarkets and Hypermarkets: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Specialty Stores
9.4.1 Overview
9.4.2 Specialty Stores: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Online Retail
9.5.1 Overview
9.5.2 Online Retail: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
10. Asia Pacific Trekking Rucksack Market – Country Analysis
10.1 Overview
10.1.1 Asia Pacific: Trekking Rucksack Market, by Key Country
10.1.1.1 Australia: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Australia: Trekking Rucksack Market, by Capacity
10.1.1.1.2 Australia: Trekking Rucksack Market, by Material
10.1.1.1.3 Australia: Trekking Rucksack Market, by Distribution Channel
10.1.1.2 China: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 China: Trekking Rucksack Market, by Capacity
10.1.1.2.2 China: Trekking Rucksack Market, by Material
10.1.1.2.3 China: Trekking Rucksack Market, by Distribution Channel
10.1.1.3 India: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 India: Trekking Rucksack Market, by Capacity
10.1.1.3.2 India: Trekking Rucksack Market, by Material
10.1.1.3.3 India: Trekking Rucksack Market, by Distribution Channel
10.1.1.4 Japan: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Japan: Trekking Rucksack Market, by Capacity
10.1.1.4.2 Japan: Trekking Rucksack Market, by Material
10.1.1.4.3 Japan: Trekking Rucksack Market, by Distribution Channel
10.1.1.5 South Korea: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 South Korea: Trekking Rucksack Market, by Capacity
10.1.1.5.2 South Korea: Trekking Rucksack Market, by Material
10.1.1.5.3 South Korea: Trekking Rucksack Market, by Distribution Channel
10.1.1.6 Rest of Asia Pacific: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Asia Pacific: Trekking Rucksack Market, by Capacity
10.1.1.6.2 Rest of Asia Pacific: Trekking Rucksack Market, by Material
10.1.1.6.3 Rest of Asia Pacific: Trekking Rucksack Market, by Distribution Channel
11. Impact of Coronavirus Outbreak on Asia Pacific Trekking Rucksacks Market
11.1 Impact of COVID-19 on Trekking Rucksacks Market
12. Company Profiles
12.1 Arcteryx
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Deuter Sport GmbH
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Equip Outdoor Technologies UK Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 GRANITE GEAR LLC
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Mufubu
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Tripole Gears
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Vango
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Wildcraft
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Osprey Packs, Inc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 HYPERLITE MOUNTAIN GEAR.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Asia Pacific Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Australia Trekking Rucksack Market, by Capacity– Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 5. China Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 6. China Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 7. China Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 8. India Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 9. India Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 10. India Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 11. Japan Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 12. Japan Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 14. South Korea Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of Asia Pacific Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Asia Pacific Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Asia Pacific Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Trekking Rucksack Market Segmentation
Figure 2. Asia Pacific Trekking Rucksack Market Segmentation – By Country
Figure 3. Asia Pacific Trekking Rucksack Market Overview
Figure 4. Asia Pacific Trekking Rucksack Market, By Capacity
Figure 5. Asia Pacific Trekking Rucksack Market, By Country
Figure 6. Asia Pacific Trekking Rucksack Market, Industry Landscape
Figure 7. Asia Pacific: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Asia Pacific Trekking Rucksack Market Impact Analysis of Drivers and Restraints
Figure 10. Asia Pacific Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Asia Pacific: Trekking Rucksack Market Revenue Share, by Capacity (2020 and 2028)
Figure 12. Upto 24 Litres: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13.–50 Litres: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. More Than 50 Litres: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Asia Pacific: Trekking Rucksack Market Revenue Share, by Material (2020 and 2028)
Figure 16. Nylon: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Polyester: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Canvas: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Others: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Asia Pacific: Trekking Rucksack Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 21. Supermarkets and Hypermarkets: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Specialty Stores: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Online Retail: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Others: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Geographic Overview of Asia Pacific Trekking Rucksack Market
Figure 26. Asia Pacific: Trekking Rucksack Market Revenue Share, by Key Country (2020 and 2028)
Figure 27. Australia: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. China: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. India: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. Japan: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. South Korea: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of Asia Pacific: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 33. Impact of COVID-19 Pandemic on Trekking Rucksacks Market in Asia Pacific
- Arcteryx
- Deuter Sport GmbH
- Osprey Packs, Inc.
- HYPERLITE MOUNTAIN GEAR
- GRANITE GEAR LLC
- Vango
- Equip Outdoor Technologies UK LTD
- Mufubu
- Tripole Gears
- Wildcraft
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific trekking rucksack market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific trekking rucksack market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the trekking rucksack market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution