Market revenue in 2022 | USD 2,169.6 million |
Market revenue in 2030 | USD 4,002.1 million |
Growth rate | 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 |
Sports was the largest segment with a revenue share of 46.44% in 2022. Horizon Databook has segmented the North America active backpack market based on hiking/trekking, camping and travelling, sports covering the revenue growth of each sub-segment from 2017 to 2030.
North America accounted for a significant market share in the active backpack market in 2022. The primary driver propelling the market is the availability of several adventure sports locations in the U.S. and Canada.
According to Outdoor Industry Association, behind biking, jogging, and fishing, hiking is the fourth most popular sport in the U.S. According to the same source, in 2021, 54% of Americans aged six and older engaged in outdoor recreation at least once.
The rising number of sports enthusiasts in North America has resulted in increased usage of backpacks, which will fuel market growth. In addition, greater product visibility and the region's well-established sports industry are expected to accelerate the active backpack demand over the forecast period. Active backpacks are simple to use and offer optimal solutions for outdoor activities.
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