Market revenue in 2022 | USD 165.8 million |
Market revenue in 2030 | USD 405.1 million |
Growth rate | 11.8% (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 |
Sports was the largest segment with a revenue share of 45.84% in 2022. Horizon Databook has segmented the UK active backpack market based on hiking/trekking, camping and travelling, sports covering the revenue growth of each sub-segment from 2017 to 2030.
Walking is the most popular leisure activity in Britain. According to a survey by HF Holidays, a leading England-based walking and outdoor travel company, walking vacations are in great demand. When on vacation, about 28% of U.K. visitors walk.
Moreover, activities like walking, running, and cycling accounted for 36% of the total outdoor activities in the U.K., according to data published by the Office for National Statistics in 2021. Therefore, the U.K. is a lucrative market for active backpacks as users can store drinking water, snacks, clothes, and other essential items when on the move.
Leather brands have been widening their customer base in the country by offering high-quality, ecofriendly, and durable active backpacks for hiking, camping, biking, commuting, mountaineering, and other sports activities. Companies have also been promoting sustainability by focusing on the use of recyclable materials for packaging. These trends are expected to propel the market growth over the forecast period.
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