China Active Backpack Market Size & Outlook, 2022-2030
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China active backpack market highlights
- The China active backpack market generated a revenue of USD 370.5 million in 2022 and is expected to reach USD 731.8 million by 2030.
- The China market is expected to grow at a CAGR of 8.9% 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 370.5 million |
| Market revenue in 2030 | USD 731.8 million |
| Growth rate | 8.9% (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, China accounted for 6.8% 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 Asia Pacific, China active backpack market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 311.1 million by 2030.
Sports was the largest segment with a revenue share of 47.21% in 2022. Horizon Databook has segmented the China active backpack market based on hiking/trekking, camping and travelling, sports covering the revenue growth of each sub-segment from 2017 to 2030.
Camping has emerged as a new traveling trend in China. Domestic travel agencies have noted an increase in inquiries about camping during recent holidays in 2021, and sales of camping gear are expanding at triple-digit rates. Furthermore, weekend getaways are gaining popularity among urban dwellers, indicating a new path for the tourism sector.
Therefore, the rise in interest in sports and outdoor recreation presents numerous growth opportunities for businesses that offer accessories for outdoor activities. This is expected to drive the demand for active backpacks in China.
According to the US camping association Kampground,the participation rate of the Chinese in outdoor activity is around 10 percent in 2021. Outdoor activities and sports are anticipated to continue on their upward trajectory, providing new growth opportunities in the sector. Improved standard of living and younger generations’ inclination toward nature breaks such as camping are expected to drive the active backpack market.
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Active Backpack Market Scope
Active Backpack Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Osprey Packs | View profile | 251-500 | Cortez, Colorado, United States, North America | http://www.osprey.com |
| Kelty | View profile | 51-100 | Broomfield, Colorado, United States, North America | https://www.kelty.com |
| Deuter Sport | View profile | 51-100 | Gersthofen, Bayern, Germany, Europe | http://www.deuter.com |
| CamelBak Products LLC | View profile | 51-100 | Petaluma, California, United States, North America | http://www.camelbak.com/ |
| The North Face | View profile | 1001-5000 | Alameda, California, United States, North America | http://www.thenorthface.com/ |
| JanSport | View profile | 251-500 | Alameda, California, United States, North America | http://www.jansport.com |
| Patagonia Gold Corp Ordinary Shares | View profile | 154 | 2200 - 885 West Georgia Street, 2200 HSBC Building, Vancouver, BC, Canada, V6C 3E8 | https://www.patagoniagold.com |
| Amer Sports Inc | View profile | 11400 | Konepajankuja 6, Helsinki, Finland, 00511 | https://www.amersports.com |
| Columbia Sportswear Co | View profile | 10070 | 14375 Northwest Science Park Drive, Portland, OR, United States, 97229 | http://www.columbia.com |
| Samsonite International SA | View profile | 12100 | 13-15, Avenue de la Liberte, Luxembourg, Luxembourg, L-1931 | https://corporate.samsonite.com/en/home.html |
| VF Corp | View profile | 33000 | 1551 Wewatta Street, Denver, CO, United States, 80202 | https://www.vfc.com |
China active backpack market size, by type, 2017-2030 (US$M)
China Active Backpack Market Outlook Share, 2022 & 2030 (US$M)
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