Europe Active Backpack Market Size & Outlook, 2022-2030
Europe active backpack market, 2017-2030 (US$M)
Related Markets
Europe active backpack market highlights
- The Europe active backpack market generated a revenue of USD 1,521.1 million in 2022.
- The market is expected to grow at a CAGR of 9.1% 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, UK is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 1,521.1 million |
| Market revenue in 2030 | USD 3,059.9 million |
| Growth rate | 9.1% (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, Europe region accounted for 28.1% 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 45.63% in 2022. Horizon Databook has segmented the Europe active backpack market based on hiking/trekking, camping and travelling, sports covering the revenue growth of each sub-segment from 2017 to 2030.
There has been an increase in participation in outdoor physical activities like walking, exercising, hiking, and cycling. According to the 2022 Eurobarometer on Sport and Physical Activity, 38% of Europeans participated in sports or exercises at least once a week or more, while 17% exercise less frequently.
The poll showed that more than half of the respondents engaged in these physical activities to improve their health rather than for fun or relaxation. This trend is expected to boost the demand for active backpacks in the European market.
Apart from this, the growing popularity of camping, rising per capita income, and increased interest in leisure and recreational activities are expected to boost market growth over the forecast period. A surge in millennial travelers and campers has also contributed to market growth. There are several campsites across the region, with a sizable stream of tourists.
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Active Backpack Market Scope
Active Backpack Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe active backpack market size, by country, 2017-2030 (US$M)
Europe Active Backpack Market Outlook Share, 2022 & 2030 (US$M)
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