Asia Pacific Active Backpack Market Size & Outlook
Asia Pacific active backpack market, 2017-2030 (US$M)
Related Markets
Asia Pacific active backpack market highlights
- The Asia Pacific active backpack market generated a revenue of USD 1,125.9 million in 2022.
- The market is expected to grow at a CAGR of 9.8% from 2023 to 2030.
- In terms of segment, sports was the largest revenue generating type in 2022.
- Hiking/Trekking is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 1,125.9 million |
| Market revenue in 2030 | USD 2,385.0 million |
| Growth rate | 9.8% (CAGR from 2022 to 2030) |
| Largest segment | Sports |
| Fastest growing segment | Hiking/Trekking |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hiking/Trekking, Camping and Travelling, Sports |
| Key market players worldwide | Amer Sports Inc, Samsonite International SA, Patagonia Gold Corp Ordinary Shares, Columbia Sportswear Co, JanSport, VF Corp, The North Face, CamelBak Products LLC, Deuter Sport, Kelty, Osprey Packs |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.8% of the global active backpack market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,385.0 million by 2030.
Sports was the largest segment with a revenue share of 47.13% in 2022. Horizon Databook has segmented the Asia Pacific active backpack market based on hiking/trekking, camping and travelling, sports covering the revenue growth of each sub-segment from 2017 to 2030.
The growing popularity of active backpacks among those who enjoy sports and treks and the wellestablished sports industry in the region drive the sales of active backpacks across Asia Pacific. The rising popularity of outdoor recreational activities is an important factor driving the growth of the Asia Pacific market.
Consumers are increasingly participating in outdoor activities owing to changing lifestyles and attitudes, rising leisure spending, and the mental and physical health advantages of outdoor activities. Due to rising urbanization and hectic work schedules, people are finding it more challenging to spend time outdoors with their family and friends.
Therefore, an increasing number of people have started camping with their friends and families over the weekend. These factors are expected to drive the growth of the active backpack market in Asia Pacific.
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Active Backpack Market Scope
Active Backpack Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific active backpack market size, by country, 2017-2030 (US$M)
Asia Pacific Active Backpack Market Outlook Share, 2022 & 2030 (US$M)
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