Overview and Scope
Active backpacks are designed to cater to the needs of individuals engaged in various active pursuits such as hiking, camping, biking, or running. These backpacks are specifically designed to provide comfort, durability, and functionality while carrying gear and supplies during physical activities.
Sizing and Forecast
The active backpack market size has grown strongly in recent years. It will grow from $5.88 billion in 2023 to $6.39 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to increased urbanization and travel, increased prevalence of hiking and outdoor activities, advances in material science and manufacturing processes, increased disposable income of urban residents, increased focus on health and fitness.
The active backpack market size is expected to see strong growth in the next few years. It will grow to $9.07 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to rising emphasis on health, increasing emphasis on eco-friendly and sustainable materials, booming e-commerce sector, rise of niche markets, growing global connectivity and accessibility. Major trends in the forecast period include integration of smart and connected features, innovative price point segmentation, rise in customization and personalization of active backpacks, active backpacks designed for multi-functionality and versatility, backpacks designed for people with disabilities or specific physical limitations.
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Segmentation & Regional Insights
The active backpack market covered in this report is segmented –
1) By Type: Hiking Or Trekking, Camping And Travelling, Sports
2) By Size: Less Than 10L, 10L-20L, 20L-40L
3) By Price Point: Under $50, $51-$100, $101-$150, $151-$200, $201-$250, Above $250
4) By Distribution Channel: Specialty Stores, Retail Stores, Online
North America was the largest region in the active backpack market in 2023. The regions covered in the active backpack market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increasing recreational activities are expected to propel the growth of the active backpack market going forward. Recreational activities refer to leisure activities that are performed outside, usually in natural environments. Active backpacks are versatile and can be used during recreational activities, including hiking, camping, travelling, cycling, running, and jogging. For instance, in January 2022, according to the Outdoor Industry Association, a US-based non-profit organization, in 2021, 164.2 million, or 54% of Americans aged six and older, reported engaging in outdoor recreation at least once. Since March 2020, the outdoor participation base has increased by 6.9%. A net increase of 3.5 million more people participated in outdoor activity in 2021. Additionally, a record 6.8 million Americans participated in outdoor activities for the first time in 2021. Therefore, increasing recreational activities are driving the growth of the active backpack market.
Key Industry Players
Major companies operating in the active backpack market report are Nike Inc., Adidas AG, VF Corporation, Puma SE, Under Armour Inc., Columbia Sportswear Company, Samsonite IP Holdings S.AR.L, The North Face, Arcteryx, Jack Wolfskin, Patagonia Inc.209.1, CamelBak Products LLC, Herschel Supply Co., V.I.P. Industries Limited, JanSport Inc., Kelty, Ogio, Deuter Sport GmbH, Nomatic LLC, Tortuga Backpacks, Mountainsmith, WANDRD Gear, Aer Designs LLC, Eume World, Peak Design, Wildcraft India Private Limited, Dakine IP Holdings LP, Mystery Ranch Backpacks, Matein Backpack, Xiangxing (Fujian) Bag & Luggage Group Co. Ltd.
The active backpack market report table of contents includes:
1. Executive Summary
2. Active Backpack Market Characteristics
3. Active Backpack Market Trends And Strategies
4. Active Backpack Market – Macro Economic Scenario
5. Global Active Backpack Market Size and Growth
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31. Active Backpack Market Other Major And Innovative Companies
32. Global Active Backpack Market Competitive Benchmarking
33. Global Active Backpack Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Active Backpack Market
35. Active Backpack Market Future Outlook and Potential Analysis
36.Appendix
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