North America 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 trekking rucksack consumption of North America has been one of the highest in the world as the region consists of popular trekking trails. The Colorado Rocky Mountains and the pacific crest trail to the Appalachian Trail are some of the famous trekking destinations attracting people from North America as well as all over the world. The large prevalence of trekking groups presents in the region ensure continuous inflow of numerous people for trekking, therefore positively affecting the consumption of trekking rucksacks. As per a report published by outdoor industry association, thirty-four percent of outdoor consumers come from cities. The outdoor consumer group comprises of active, ethnically diverse, and young people who spend the most on outdoor gears. Moreover, older citizens are also getting involved in the outdoor activities to keep their health in check, wherein smaller treks are now witnessing greater popularity in the region. Additionally, parents are encouraging kids to take part in outdoor activities such as trekking as a part of healthy lifestyle.
North America is one of the worst-affected economies due to the COVID-19 pandemic. The US has the highest number of confirmed cases of coronavirus among all key countries in the region. This has negatively impacted the consumer goods industry in the region which is due to the impact of the COVID-19 pandemic on supply & distribution chains, and nationwide lockdown. However, according to Centers for Disease Control and Prevention, approximately 186.6 million people in the US were fully vaccinated by on 7th October 2021. The government is also planning to revive their operations soon. Slowly and gradually manufacturing units are being operationalized as well as various industries are recovering which will have a positive impact on the trekking rucksacks market.
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Market Overview and Dynamics
The trekking rucksack market in North America is expected to grow from US$ 1,166.29 million in 2021 to US$ 1,578.04 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028. Product innovation is an opportunistic growth strategy adopted by the market players to achieve a higher competitive edge over their competitors. Continuous investment in research and development is of utmost importance to launch innovative products in the market that cater to the changing consumer preferences. Surging use of rucksacks during trekking has brought up the various product features lacking in the existing products available in the market. Consumers are preferring ultra-lightweight, waterproof, and smart rucksacks. Thus, market players are introducing innovative trekking rucksacks and striving in this highly competitive market. Trekking rucksack manufacturers are focusing on the quality, material, and weight of the product to tackle the changing environmental conditions and evolving consumer preferences. For instance, Amer Sports, through its Arc'teryx brand provides waterproof rucksacks made from perfluorinated chemicals (PFCs) to cater the increasing demand for waterproof trekking rucksacks. Market players are also focusing on offering customized trekking rucksacks for women. There has been a continuous rise in the number of female trekkers. Thus, it is crucial to target such a lucrative customer segment by offering customized product solutions. Vendors such as Osprey Packs, Inc., and Mountain Hardwear offer trekking rucksacks specifically designed for women. The rucksacks are designed by fitting a back panel and shoulder straps to provide comfort to women trekkers. Customized rucksacks for women have a shorter torso length, enhanced shape, aesthetic appeal, setup, privacy, and spaciousness. Smart rucksacks introduced by the market players are incorporated with a charging port to enable trekkers to charge their mobile phones or other equipment while on a trek. Such products are also multipurpose in function as they can be used for trekking, camping, biking, hunting, hiking, and others. Hence, continuous product innovation to cater the changing customer preferences is expected to render profitable growth opportunities to the vendor’s active in the trekking rucksacks market.
Key Market Segments
In terms of capacity, the 25-50 litres segment accounted for the largest share of the North America trekking rucksack market in 2020. In terms of material, the nylon segment accounted for the largest share of the North America 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 North America 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; Equip Outdoor Technologies UK LTD; and Mufubu among others.
Reasons to buy report
- To understand the North America 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 North America trekking rucksack market
- Efficiently plan M&A and partnership deals in North America 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 North America trekking rucksack market
- Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.
North America Trekking Rucksack Market – By Capacity
North America Trekking Rucksack Market – By Material
- Nylon
- Polyester
- Canvas
- Others
North America Trekking Rucksack Market – By Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
- Others
North America Trekking Rucksack Market – By Country
- US
- Canada
- Mexico
North America Trekking Rucksack Market – Companies Mentioned
- Arcteryx
- Deuter Sport GmbH
- Osprey Packs, Inc.
- HYPERLITE MOUNTAIN GEAR
- GRANITE GEAR LLC
- Equip Outdoor Technologies UK LTD
- Mufubu
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. North America Trekking Rucksack Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. North America Trekking Rucksack Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Advantageous Product Features
5.1.2 Gaining Popularity of Outdoor Sports and Recreational Activities
5.2 Market Restraint
5.2.1 Increasing Demand for Rental Trekking Gear
5.3 Market Opportunities
5.3.1 Growing Product Innovation
5.4 Future Trends
5.4.1 Expanding Trend of Flashpacking/Poshpacking
5.5 Impact Analysis of Drivers and Restraint
6. North America Trekking Rucksack Market Analysis
6.1 North America Trekking Rucksack Market Overview
6.2 North America Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
7. North America Trekking Rucksack Market Analysis – By Capacity
7.1 Overview
7.2 North America 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. North America Trekking Rucksack Market Analysis – By Material
8.1 Overview
8.2 North America: 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. North America Trekking Rucksack Market Analysis – By Distribution Channel
9.1 Overview
9.2 North America: 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. North America Trekking Rucksack Market – Country Analysis
10.1 Overview
10.1.1 North America: Trekking Rucksack Market, by Key Country
10.1.1.1 US: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Trekking Rucksack Market, by Capacity
10.1.1.1.2 US: Trekking Rucksack Market, by Material
10.1.1.1.3 US: Trekking Rucksack Market, by Distribution Channel
10.1.1.2 Canada: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Trekking Rucksack Market, by Capacity
10.1.1.2.2 Canada: Trekking Rucksack Market, by Material
10.1.1.2.3 Canada: Trekking Rucksack Market, by Distribution Channel
10.1.1.3 Mexico: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Trekking Rucksack Market, by Capacity
10.1.1.3.2 Mexico: Trekking Rucksack Market, by Material
10.1.1.3.3 Mexico: Trekking Rucksack Market, by Distribution Channel
11. Impact of Coronavirus Outbreak on North America Trekking Rucksacks Market
11.1 North America: 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 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 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. North America Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. US Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 3. US Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 4. US Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico Trekking Rucksack Market, by Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico Trekking Rucksack Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico Trekking Rucksack Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Trekking Rucksack Market Segmentation
Figure 2. North America Trekking Rucksack Market Segmentation – By Country
Figure 3. North America Trekking Rucksack Market Overview
Figure 4. North America Trekking Rucksack Market, By Capacity
Figure 5. North America Trekking Rucksack Market, By Country
Figure 6. North America Trekking Rucksack Market, Industry Landscape
Figure 7. North America: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Number of Recorded Hikers in the US, 2016–2020
Figure 10. North America Trekking Rucksack Market Impact Analysis of Drivers and Restraints
Figure 11. North America: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Trekking Rucksack Market Revenue Share, by Capacity (2020 and 2028)
Figure 13. Upto 24 Litres: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14.–50 Litres: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. More Than 50 Litres: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America: Trekking Rucksack Market Revenue Share, by Material (2020 and 2028)
Figure 17. Nylon: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Polyester: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Canvas: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Others: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America: Trekking Rucksack Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 22. Supermarkets and Hypermarkets: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Specialty Stores: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Online Retail: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Others: Trekking Rucksack Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Geographic Overview of North America Trekking Rucksack Market
Figure 27. North America: Trekking Rucksack Market Revenue Share, by Key Country (2020 and 2028)
Figure 28. US: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. Canada: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. Mexico: Trekking Rucksack Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. Impact of COVID-19 Pandemic on Trekking Rucksacks Market in North America
- Arcteryx
- Deuter Sport GmbH
- Osprey Packs, Inc.
- HYPERLITE MOUNTAIN GEAR
- GRANITE GEAR LLC
- Equip Outdoor Technologies UK LTD
- Mufubu
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