The outdoor backpacks are particularly intended for several applications like outdoor travelling, short overnight trips, or comfortable day hikes. The outdoor backpacks primarily utilized for outdoor recreational activities like hiking, camping, and trekking.
The escalating count of government programs to endorse outdoor recreational activities is projected to be the major factor contributing to the expansion of the global outdoor backpacks market. The snowballing count of these programs will lead to the development of the tourism industry further fueling the market growth. Also, the rising requirement for outdoor backpacks resulting from the growing acceptance of outdoor recreational activities among people, especially millennial, boosts the market growth. The outdoor backpacks present diverse features like affordable, customizable, lightweight, and good pocket organization. The consistency of such aspects is propelling the global market growth.
The global outdoor backpacks market can be bifurcated based on distribution channel, application, capacity, and region. By distribution channel, the market is divided into department stores, specialty stores, hypermarkets & supermarkets, warehouse clubs, and online retail. By application, the market is segregated into women, men, and kids. By capacity, the market is classified into above 60 liters, 36-60 liters, and 15-35 liters. There is a snowballing demand for 15-35 liters outdoor backpacks among customers who often keep touring for short periods. Merchants in the global market have begun offering several kinds of outdoor backpacks having the required capacity to meet the rising demand by customers. Thereby, this segment is projected to display lucrative expansion during the forecast period.
Regionally, in 2019, the global outdoor backpacks market was governed by North America regions and is projected to present numerous growth avenues to market players during the forecast period as well. The market growth in this region is mainly driven by the growing count of product introduction by few of the leading players. Canada and the US are the major markets within North America. Furthermore, the market growth in North America is anticipated to be quicker when compared to the market expansion in South America and MEA. The rising consumer attraction toward diverse treks across the Asia Pacific & South Asia region is anticipated to generate new expansion prospects for the players in the outdoor backpacks market.
The key players actively participating within the global outdoor backpacks market consist of AMG Group Ltd., Amer Sports Corp., Dakine IP Holdings LP, Columbia Sportswear Co., Exxel Outdoors LLC, Deuter Sport GmbH, Newell Brands Inc., Gregory Mountain Products Company Stores LLC, Vista Outdoor Inc., and Thule Group AB, among others.
