Brazil Active Backpack Market Size & Outlook, 2022-2030
Brazil active backpack market, 2017-2030 (US$M)
Related Markets
Brazil active backpack market highlights
- The Brazil active backpack market generated a revenue of USD 137.8 million in 2022 and is expected to reach USD 243.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.3% 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.
Active backpack market data book summary
| Market revenue in 2022 | USD 137.8 million |
| Market revenue in 2030 | USD 243.0 million |
| Growth rate | 7.3% (CAGR from 2022 to 2030) |
| Largest segment | Sports |
| Fastest growing segment | Hiking/Trekking |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Brazil accounted for 2.5% of the global active backpack market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil active backpack market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 243.0 million by 2030.
Sports was the largest segment with a revenue share of 45.86% in 2022. Horizon Databook has segmented the Brazil active backpack market based on hiking/trekking, camping and travelling, sports covering the revenue growth of each sub-segment from 2017 to 2030.
Actives backpacks have shown a great demand in Brazil, owing to consumers’ involvement in hiking and treks in the country. Amazon forests and treks in Brazil are attractive destinations for hikers, which has increased the demand for utility products such as backpacks. People prefer active backpacks to prevent fatigue and carry essentials while engaging in sports activities such as running, biking, and camping for a long and continuous duration.
This is expected to boost the growth of the market over the forecast period. Specialty stores held a significant market share in Brazil. Centauro is one of the largest sporting goods retailers in the country with 200 stores in 2020. Centauro offers various sporting goods and accessories, such as active backpacks. This implies the growth of the market in the Brazil.
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Active Backpack Market Scope
Active Backpack Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil active backpack market size, by type, 2017-2030 (US$M)
Brazil Active Backpack Market Outlook Share, 2022 & 2030 (US$M)
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