Europe 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 European continent compromises of several developed and developing countries such as Germany, France, Italy, the UK, and Russia. According to European Commission, tourism industry is the one of the largest economically significant industries in Europe. The increased hiking and trekking activities among people as a break from busy & sedentary lifestyle are driving the demand for trekking rucksack market. Due to the consumer shift towards physical & related outdoor recreational activities, the trekking rucksack market is expected to grow at an exponential rate in the forecast period. The fact that the major companies are experimenting with new marketing strategies to promote and sell their products alongside the trekking & tour organizers in order to cater to the core target audience is encouraging for the trekking equipment sector. Moreover, the pandemic has heightened the demand for outdoor activities in Europe as most of the countries in Europe were under lockdown and consumers increasingly sought outdoor activities which tend to be socially distant. Additionally, consumers have adopted healthier lifestyles and are now willing to spend more on equipment and gear pertaining to the outdoor activities.

In Europe, currently, the UK and Russia, followed by France, Spain, Italy, and Germany, are the hardest-hit countries by the COVID-19 pandemic. Initially other member states had implemented drastic measures and travel restrictions, including partially closing their borders which impacted the import and export of products. The gradual upliftment of lockdown restrictions in certain countries in Europe will facilitate the recovery of various industries and logistics operations which will have a positive impact on the trekking rucksacks market. Upliftment of travel restrictions is propelling people to go on treks and hikes to nearby places. Along with this, the opening up of retail outlets as well as the supermarkets and hypermarkets will increase the availability of trekking rucksacks leading to a positive impact on the regional market.

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Market Overview and Dynamics

The trekking rucksack market in Europe is expected to grow from US$ 706.38 million in 2021 to US$ 990.32 million by 2028; it is estimated to grow at a CAGR of 4.9% from 2021 to 2028. Flashpackging or poshpackging refers to backpacking with a higher budget. A flashpacker is an affluent backpacker with more disposable income to spend during the travel. They have a higher budget set aside for their treks and travel in luxury. Flashpackers are a potential customer target for the premium or luxury trekking rucksack manufacturers as the former can easily opt for highly priced rucksacks with advanced features. According to the statistics cited by the Condor Ferries ltd, millennials and younger Gen Z’s account for the majority of the flashpackers as they are the highest spenders. While travelling, they can spend up to US$ 3,500 per trip or US$ 60 per day. As per the data revealed by the United Nations, Department of Economic and Social Affairs, millennial accounted for approximately 23% of the worldwide population i.e., 1.8 billion millennial, in 2020. Whereas Gen Z accounted for nearly 32% of the world population in 2019, according to the data cited by Bloomberg. Thus, the trekking rucksack market is expected to emerge lucrative for the manufacturers of trekking rucksacks, especially luxury/premium rucksacks, due to the rising trend of flash packing or posh packing.

Key Market Segments

In terms of capacity, the 25-50 litres segment accounted for the largest share of the Europe trekking rucksack market in 2020. In terms of material, the nylon segment accounted for the largest share of the Europe 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 Europe 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; and Equip Outdoor Technologies UK LTD among others.

Reasons to buy report

To understand the Europe 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 Europe trekking rucksack market
Efficiently plan M&A and partnership deals in Europe 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 Europe trekking rucksack market
Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.

Europe Trekking Rucksack Market – By Capacity

Upto 24 litres
25-50 litres
More than 50 litres

Europe Trekking Rucksack Market – By Material

Nylon
Polyester
Canvas
Others

Europe Trekking Rucksack Market – By Distribution Channel

Supermarkets and Hypermarkets
Specialty Stores
Online Retail
Others

Europe Trekking Rucksack Market – By Country

Europe Trekking Rucksack Market – Companies Mentioned

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. Europe Trekking Rucksack – Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.3 Expert Opinion

5. Europe Trekking Rucksack Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Valuable Product Features

5.1.2 Growing Popularity of Outdoor Sports and Recreational Activities

5.2 Market Restraint

5.2.1 Raising Demand for Rental Trekking Gear

5.3 Market Opportunities

5.3.1 Scaling Product Innovation

5.4 Future Trends

5.4.1 Increasing Trend of Flash packing/Posh packing

5.5 Impact Analysis of Drivers and Restraint

6. Europe Trekking Rucksack – Market Analysis

6.1 Europe Trekking Rucksack Market Overview

6.2 Europe Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)

7. Europe Trekking Rucksack Market Analysis – By Capacity

7.1 Overview

7.2 Europe 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. Europe Trekking Rucksack Market Analysis – By Material

8.1 Overview

8.2 Europe 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. Europe Trekking Rucksack Market Analysis – By Distribution Channel

9.1 Overview

9.2 Europe 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. Europe Trekking Rucksack Market – Country Analysis

10.1 Overview

10.1.1 Europe: Trekking Rucksack Market, by Key Country

10.1.1.1 Germany: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 Germany: Trekking Rucksack Market, by Capacity

10.1.1.1.2 Germany: Trekking Rucksack Market, by Material

10.1.1.1.3 Germany: Trekking Rucksack Market, by Distribution Channel

10.1.1.2 France: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 France: Trekking Rucksack Market, by Capacity

10.1.1.2.2 France: Trekking Rucksack Market, by Material

10.1.1.2.3 France: Trekking Rucksack Market, by Distribution Channel

10.1.1.3 Italy: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 Italy: Trekking Rucksack Market, by Capacity

10.1.1.3.2 Italy: Trekking Rucksack Market, by Material

10.1.1.3.3 Italy: Trekking Rucksack Market, by Distribution Channel

10.1.1.4 United Kingdom: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 United Kingdom: Trekking Rucksack Market, by Capacity

10.1.1.4.2 United Kingdom: Trekking Rucksack Market, by Material

10.1.1.4.3 United Kingdom: Trekking Rucksack Market, by Distribution Channel

10.1.1.5 Russia: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 Russia: Trekking Rucksack Market, by Capacity

10.1.1.5.2 Russia: Trekking Rucksack Market, by Material

10.1.1.5.3 Russia: Trekking Rucksack Market, by Distribution Channel

10.1.1.6 Rest of Europe: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of Europe: Trekking Rucksack Market, by Capacity

10.1.1.6.2 Rest of Europe: Trekking Rucksack Market, by Material

10.1.1.6.3 Rest of Europe: Trekking Rucksack Market, by Distribution Channel

11. Impact of Coronavirus Outbreak on Europe Trekking Rucksacks Market

11.1 Impact Assessment of COVID-19 Pandemic

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 Vango

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 Osprey Packs, Inc

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 HYPERLITE MOUNTAIN GEAR.

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

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES

Table 1. Europe Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)

Table 2. Germany Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)

Table 3. Germany Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)

Table 4. Germany Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 5. France Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)

Table 6. France Trekking Rucksack Market, by Material– Revenue and Forecast to 2028 (US$ Million)

Table 7. France Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 8. Italy Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)

Table 9. Italy Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)

Table 10. Italy Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 11. United Kingdom Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)

Table 12. United Kingdom Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)

Table 13. United Kingdom Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 14. Russia: Trekking Rucksack Market, by Capacity– Revenue and Forecast to 2028 (US$ Million)

Table 15. Russia: Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)

Table 16. Russia: Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 17. Rest of Europe Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)

Table 18. Rest of Europe Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)

Table 19. Rest of Europe Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 20. List of Abbreviation

LIST OF FIGURES

Figure 1. Europe Trekking Rucksack Market Segmentation

Figure 2. Europe Trekking Rucksack Market Segmentation – By Country

Figure 3. Europe Trekking Rucksack Market Overview

Figure 4. Europe Trekking Rucksack Market, By Capacity

Figure 5. Europe Trekking Rucksack Market, By Country

Figure 6. Europe Trekking Rucksack Market, Industry Landscape

Figure 7. Europe: PEST Analysis

Figure 8. Expert Opinion

Figure 9. Europe Trekking Rucksack Market Impact Analysis of Drivers and Restraints

Figure 10. Europe Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11. Europe 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. Europe 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. Europe 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 Europe Trekking Rucksack Market

Figure 26. Europe: Trekking Rucksack Market Revenue Share, by Key Country (2020 and 2028)

Figure 27. Germany: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)

Figure 28. France: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)

Figure 29. Italy: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)

Figure 30. United Kingdom: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)

Figure 31. Russia: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)

Figure 32. Rest of Europe: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)

Figure 33. Impact of COVID-19 Pandemic on Trekking Rucksacks Market in Europe

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